Rochester MN Homes for Sale

Tuesday Morning Market Update June 27, 2006

There are 1165 current active listings in the Rochester Residential Housing Market with an average price of $253,805 and average market time of 139 days.
In Rochester last week (June 19-June 25) 61 homes went to pending (under contract) with … Read more >

Quadrant Information May 2005/2006

Northwest Rochester

New Listings May 2005 May 2006
# 178 179
Avg. Price $183,654 $195,150
Avg. Days on Mkt 50 52
To Pending May 2005 May 2006
# 136 128
Avg. Price $172,073 $185,300
Avg. Days on Mkt 63 95
Read more >

Rochester Area Real Estate Update June 16, 2006

The Rochester area housing market began its seasonal slowdown in May with 380 new and back on the market listings, a decrease of 5% from the previous month. There were 245 homes going to pending (under contract) in May, down … Read more >

Twin Cities real estate sales drop 9%

Home sales in the Twin Cities, Minnesota area tumbled for the second straight month in May, while median home-price growth continued to slow, according to three metro Twin Cities Realtor associations.

Realtors reported 5,039 closed home sales last month, down … Read more >

Real estate refinancings hit 4-year low

Overall mortgage applications tumbled 1.4 percent last week on a seasonally adjusted basis from the week before, as refinancings fell for the third consecutive week, the Mortgage Bankers Association reported today.

The seasonally adjusted purchase index increased slightly to 395.6 … Read more >

Real estate rates retreat on jobs report

Today’s news of slowing job and wage growth has mortgages in retreat from another run towards 7 percent, and the 10-year T-note down to 5.01 percent from a 5.2 percent May high. A Fed pause at its June 29 meeting … Read more >