Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (06/11/2012)

The first week of June saw another solid showing in the Rochester, Minnesota area real estate market with 49 new residential listings new listings and 35 homes going under contract to pending.

Last week’s new listings had an average asking price of $182,277. The homes that went under contract last week averaged 102 days on the market and have an average asking price of $174,432. There were 51 homes that closed last week with an average sold price of $222,776 and and average of 62 days on the market.

There are currently 795 homes for sale in Rochester, Minnesota with an average price of $216,993 and an average of 129 days on the market.

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

Shawn Buryska, Coldwell Banker Burnet Realty, Licensed in the state of Minnesota

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