The steady stream of Rochester, Minnesota home sales continued last week (June 10-16, 2011)with 31 homes that went under contract, 15% more than the same time period a year ago. According to the Multiple Listing Service (MLS) the average asking price for these Rochester, Minnesota homes was $207,319 and the average market time was 103 days. There were 41 new residential listings last week in Rochester, Minnesota with an average asking price of $186,525.
The 41 home sales that closed last week in Rochester, Minnesota averaged 126 days on the market and had an average sold price of $195,811, 94.7% of the asking price and 91.1% of the original listing price.
There are currently 1001 homes for sale in Rochester, Minnesota with an average asking price of $210,819 and an average market time of 167 days.
Shawn Buryska, Coldwell Banker Burnet Realty, Licensed in the state of Minnesota