Monday Morning Rochester Area Real Estate Market Update

The Rochester real estate market saw a significant reduction of new listings coming on the market with only 26 new listings verses 57 for the same week last year.  Sales were steady with 26 homes pended last week compared to 27 for the same time last year. The average price for the new listings was $219,749 and the average listing price of the pended homes sales was $152,782.  This next week is expected to see good activity as buyers and sellers try to finalize their real estate plans prior to the Labor Day holiday.

There are currently 1,171 active listings in Rochester with an average days on market of 177 days.  The average listing price is currently $223,765 ($169,900 median)

To view this past week’s area real estate activity, click here for new listings and click here for pended listings.

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