Real Estate Conditions in Rochester MN (October 29 to November 4, 2007)

There are currently 1215 homes for sale in Rochester, Minnesota with an average list price of $239,368 and average of 206 days on the market. Last week (October 29 to November 4, 2007) there were 51 new and back on the market listings with an average list price of $225,801 and average market time of 106 days. During this same time period 31 homes went to pending (under contract). The average list price of these homes was $194,892 with an average of 80 days on the market. There were 49 closings in Rochester residential real estate last week, with an average price of $186,186 and 97 days on the market. Last week 158 listings expired; the average asking price was $235,684 with an average of 163 days on the market.

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