Real Estate Market Conditions for Rochester, MN (March 3-9, 2008)

There are currently 1,115 active listings for sale in the Rochester, Minnesota residential real estate with an average list price of $236,404 and an average of 168 days on the market.

Last week (March 3 through 9, 2008) there were 98 new listings with an average asking price of $215,831, and 17 listings came back onto the market last week; average list price for these properties was $302,098 and average market time was 268 days. The 40 listings that went under contract (to pending) had an average list price $172,787 and market time of 125 days. There were 7 expired listings in Rochester and 8 canceled.

Nineteen properties sold last week with an average list price of $175,382 and 126 days on the market, and an average sold price of $172,776.

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