Rochester Minn Real Estate Market (May 12 to 18, 2008)

There are currently 1172 residential properties for sale in Rochester, Minnesota.  Average list price for these homes is $237,512; average market time is 154 days.

Last week (May 12 to 18, 2008) 43 homes went under contract (to pending) with an average list price of $190,550 and an average of 140 days on the market.  There were 49 closings last week; the average sold price of $210,602 was 97.8% of the asking price and 92.9% of the original list price.

There were 67 new listings (average list price of $233,397) and 12 listings back on the market (average list price was $181,341).  One listing was withdrawn, 21 cancelled, and 8 expired.

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