Tag Archives: residential real estate market

Monday Morning Market Update for Rochester, MN

Good morning!

It’s the last week of July, we’re heading into the last month of the summer, and it shows.  The Rochester area housing market continued along at a slower pace, with 37% fewer homes under contract last week compared … Read more >

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 >

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 >

Timing the Market: To Sell or Not to Sell in a Down Market

Every book I have read on trying to time the stock market says don’t. Most financial advisors recommend getting in and staying in with the proper asset allocation for your particular risk tolerance. When the market is up you’re 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 are currently 1250 residential properties for sale in Rochester, Minnesota with an average asking price of $222,060 (median $174,900) and an average of 142 days on the market, according to the Multiple Listing Service (MLS). 

Last week … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

According to the MLS (Multiple Listing Service) there are 1199 residential properties for sale in Rochester, Minnesota with an average list price of $222,133 (median $172,900) and an average market time of 146 days.

Last week (March 15 … Read more >

March Market Update for Rochester, MN

The spring market is heating up quickly and there is the potential for greater sales volume than we’ve seen in quite a while as the deadline for taking advantage of the home buyer tax credit looms.  First-time home buyers purchasing … Read more >