Real Estate News

Weekly Real Estate Market Update for Rochester, MN

Good morning!

More than twice as many new listings came onto the market last week (June 8 to 14, 2010) as went off the market under contract.  Even so the number of new listings was down 16% from a year … Read more >

Rochester, MN Area Real Estate Market Conditions Update

Graph comparing Volume of Homes Sold to Avg. List and Sold PriceThe total volume of homes that closed in May topped $33 million, the highest volume since last June’s volume of nearly $53 million and falling just short of May, 2009’s $33.8 million. The average list price of new listings in … Read more >

Rochester Area Real Estate Market Update

There are currently 1195 residential listings for sale in the Rochester, MN area according to the Multiple Listing Service (MLS).  These homes have an average asking price of $233,594 (median $179,900) and an average market time of 151 days.

Last … Read more >

Weekly Market Conditions Update for Rochester, MN

Good morning!

According to the Multiple Listing Service there are currently 1221 residential homes for sale in Rochester, Minnesota with an average list price of $234,874 (median $179,900) and an average of 150 days on the market.

Last week (May … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

There were 36 homes that sold (closed) last week (May 10-16, 2010) in Rochester, Minnesota with an average sold price of $161,667 (median $141,950) and an average of 87 days on the market.

According to the MLS (Multiple … Read more >

Rochester, MN Area Real Estate Market Conditions Update

Wow! Last month the Rochester area residential real estate market experienced its highest volume of homes going under contract in three years with 281 homes going to pending.  While the Home Buyer Tax Credit deadline certainly played a role in … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

Last week (May 3 to 10, 2010) there were 42 new listings and 41 listings that went off the market under contract, each representing a 1/3 drop from the same time period a year ago.  The 32 homes … Read more >

Monday Morning Market Update for Rochester, MN

Good Morning!

Residential closings in Rochester last week, although down nearly 50% from a year ago, were double the volume of the previous week this year with 35 homes closing in the last week of April.  The average sold price … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

There are currently 1300 residential homes for sale in Rochester, Minnesota with an average list price of $224,643 (median $172,000) and an average market time of 141 days. Last week (April 19-25, 2010) according to the MLS (Multiple … Read more >

Monday Morning Market Update for Rochester, MN

Good Morning!

Last week (April 12 to 18, 2010), according to the MLS (Multiple Listing Service) 46 homes went under contract in Rochester, Minnesota, just one less than the same time period last year. Homes closed (sold) were down 30% … Read more >