There were 35 new listings last week in Rochester, MN (avg list price of $221,047, median $159,900) and 19 listings coming back on the market (avg list price of $233,205, median $179,900, avg of 275 days on the market).
Last week (June 30 to July 6, 2008) 25 listings went under contract to pending with an average list price of $205,800 (median $159,900) and average market time of 108 days. There were 57 closings (homes sold). The average sold price of $198,883 was 95.18% of the original list price, 98.22% of the asking price ($202,484). Market time for these properties was 171 days.
There are currently 1109 residential properties listed for sale in Rochester, Minnesota, with an average list price of $242,363 and average market time of 156 days.