Good morning! We’re already halfway through June and almost halfway through the year!
There are currently 1014 homes for sale in Rochester, Minnesota with an average asking price of $241, 866 (median $184,900) and an average market time of 147 days.
Last week (June 7 to June 13, 2009) there were 52 new listings and 10 that came back on the market. Average list price for these properties was $217,097 (median $179,900) and $218,159 (median $164,900). There were 3 listings withdrawn, 14 canceled, 8 expired, and 18 extended.
There were 26 listings that went to pending (under contract) last week. Average list price was $191,853 (median $156,900) and average market time was 151 days.
The 34 homes that closed last week had an average sold price of $180,700 (median $171,950), 97.34% of the list price, 95.16% of the original list price. These properties averaged 77 days on the market.