Real Estate News

Rochester Area Market Conditions – February 2010

It’s February so it’s not too soon for crocuses and “for sale” signs to start popping up in front yards all over town.  New listings were on the upswing in the first month of the year, heralding the beginning of … Read more >

Monday Morning Market Update for Rochester, MN

Good morning and happy President’s Day!

There are currently 969 residential homes for sale in Rochester, MN with an average list price of $224,583 (median $176,900) and an average of 171 days on the market.

According to the Multiple Listing … Read more >

Morning Market Update for Rochester, MN

There are currently 928 residential properties for sale in Rochester, MN with an average list price of $223,836 and average market time of 173 days.  According to the MLS (Multiple Listing Service) there were 967 total active residential listings last … Read more >

Monday Market Update for Rochester, MN

Happy February!

According to the Multiple Listing Service (MLS) there are currently 881 homes for sale in Rochester, Minnesota with an average asking price of $224,438 (median $174,900) and an average of 177 days on the market.

Last week (January … Read more >

Monday Morning Market Update for Rochester, MN

As we begin the last week of January there are 867 active residential listings in Rochester, Minnesota according to the Multiple Listing Service (MLS).  The average list price for these properties is $223,938 (median $169,900), average market time is 172 … Read more >

2009 Review – Market Time vs. Average Price for Homes Sold in Rochester, MN

Looking at the average sold price and average market time for homes that have sold in Rochester, Minnesota in the last two years, we can see a hopeful trend for improving market conditions.  While the chart clearly demonstrates the impact … Read more >

January Market Update

Happy New Year!  Hard to believe that we’re already a decade into this century.

It’s been well-established that 2009 was a difficult year for the economy, and the Rochester area real estate market was no exception with lower volumes, long … Read more >

Foreclosure Sales — Making it Worth the Effort

Even as the economy works to recover, foreclosure sales are still common.  Frequently these properties are appealing because they are priced to sell, often well below market value.  However, there are several obstacles and pitfalls that a buyer can expect … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

According to the MLS (Multiple Listing Service) there were 43 new listings last week  (January 11 to 17, 2010), an increase of 72% over the same time period last year, and 16 homes that went under contract (to … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

There were 12 homes that sold (closed) in Rochester, Minnesota last week (1/4/10 to 1/10/10) according to the Multiple Listing Service (MLS), just one more than the same time period last year.  The average sold price for these … Read more >