Signed contracts outpaced new listings last week in the Rochester Minnesota area residential real estate market. There were 41 new residential listings with an average asking price of $162,142. The 43 homes going under contract to pending averaged 111 days on the market and had an average list price of $190,636.
There were 62 closings last week on Rochester area homes. Average sold price for these homes was $191,323; average market time was 84 days.
There are currently 781 homes for sale in Rochester, Minnesota with an average price of $214,663 and an average of 131 days on the market.
Shawn Buryska, Coldwell Banker Realty, Licensed in the state of Minnesota