Tag Archives: housing market for Southeastern Minnesota
Monday Morning Market Update for Rochester, MN
Good morning!
In national news, mortgage rates dropped again last week (through July 7). Interest rates hit the lowest they’ve been in more than 50 years, with a 30-year fixed-rate loan falling to 4.74% (down from 5.59% a year ago) … Read more >
Monday Morning Market Update for Rochester, MN
Good morning!
Total active listings (1265) last week (June 25 to July 1, 2010) were up 14% over last year (1112). There are currently 1173 residential properties for sale in Rochester, MN with an average asking price of $228,552 (median … Read more >
Monday Morning Market Update for Rochester, MN
Good morning! Hard to believe that 2010 is already almost half over!
Total active listings (1264) last week (June 18 to 24, 2010) were up 16% over last year (1094). Average list price for these homes was $299,625 (median $174,900); … Read more >
Rochester, MN Area Real Estate Market Conditions Update
The 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 >
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 >
Rochester Area Market Conditions
Rochester area residential home sales had the highest volume of pending listings since last May with 208 homes going under contract in March, double the number in February and an increase of 27.6% over last March. It’s too soon to … Read more >
