Real Estate News

Rochester, Minnesota Real Estate Market Update

Signed contracts outpaced new listings last week, contributing to the continued reduction in housing inventory available for sale.  Last week’s 20 new residential listings had an average asking price of $229,627. The 25 homes that went under contract  last week … Read more >

Rochester Minnesota Housing Market Update – January 2012

The Rochester, Minnesota housing market may have slowed way down in December, 2011, but overall the market improved over 2010. There were 9.9% more signed contracts and 6.5% more closings in 2011, an impressive sign given the absence of the … Read more >

Rochester Minnesota Residential Housing Market Conditions – Monday Morning Update

It’s a new year and we’re heading into the spring market, typically the hottest selling time of the year. Early signs point towards the market heading in the right direction, with 30 new listings last week (January 6 to 12, … Read more >

Rochester Minnesota Housing Market Conditions – Monday Morning Update

Signed contracts outpaced new listings in the Rochester Minnesota area housing market last week as we approach the end of the year and the inventory of homes for sale continues to drop.

The number of homes going under contract last … Read more >

Rochester Minnesota Housing Market Update

The seasonally reduced activity continued at typical levels last week in Rochester, Minnesota with 15 new listings, 19 signed contracts and 29 closings.

The homes that went under contract last week (November 18 to 24, 2011) had an average asking … Read more >

Minnesota Housing Outlook – Looking Back and Looking Ahead

From home ownership trends to predictions regarding future home prices, Rochester, Minnesota appears to be holding its own.

The 2010 Census information is beginning to be released and, according to 24/7 Wall Street’s analysis of the data, Minnesota has the … Read more >

Rochester Minnesota Housing Market Update – November 2011

After a sharp drop-off in home sales in September, the number of pending listings stayed steady in October, with 114 homes going under contract, an increase of 16.3% over a year earlier.

Compared to last year’s flurry of buyer activity … Read more >

Rochester Minnesota Real Estate Market Monday Morning Update

The Rochester Minnesota area housing market slowed slightly last week with 20 signed contracts, 22 new listings, and 18 closings. The homes that went under contract last week (November 4 to 10, 2011) had an average asking price of $142,620 … Read more >

Rochester Minnesota Real Estate Market Update

At the risk of sounding like a broken record (does anyone remember those?), the number of homes going under contract each week has remained at a fairly steady level for quite a while now. The average asking price for those … Read more >

Rochester Minnesota Monday Morning Residential Housing Market Update

The number of homes going on and off the market continues to remain at about the same levels from week to week, but the homes that are selling are at the lower end of the price range. Last week (October … Read more >