Good morning! Hard to believe it’s June already!
There are currently 1008 residential properties for sale in Rochester, MN with an average list price of $240,424 (median $184,900) and an average of 152 days on the market.
Last week (May 25 to 31, 2009) there were 39 new listings and 8 that came back on the market. Average list price was $197,715 (median $179,900) and $270,712 (median $259,900) respectively. Eight listings expired, 11 were canceled, and 25 were extended.
The 28 homes that went to pending (under contract) last week had an average asking price of $163,244 (median $149,900) and average market time of 105 days.
There were 46 homes that sold (closed) last week. These properties had an average sold price $194,176 (median $162,277), 97.86% of the asking price, 95.40% of the original list price. Average market time to was 82 days.
