There are currently 1,090 residential properties for sale in Rochester, MN. The average list price for these properties is $227,165 (median $174,900) and the average market time is 148 days.
Last week (March 30 to April 5, 2009) there were 51 new listings and 16 that came back on the market with an average asking price of $189,641 (median $169,900) and $212,093 ($149,900) respectively. Two listings were withdrawn, seven canceled, 14 expired, and 21 extended.
There were 40 homes that went under contract (to pending) last week. These properties had an average list price of $173,355 (median $154,500) and an average of 113 days on the market.
The 29 homes that sold (closed) last week had an average sold price of $181,221 (median $155,000), 98.69% of the list price, 94.06% of the original list price. These homes had an average market time of 129 days.