Rochester MN Real Estate Market Update 7/30/12

Your Weekly Rochester, MN Real Estate Market Update

Week of July 22nd, 2012 through July 28th, 2012

 

  • MARKET MINUTES - JULY 2012
  • Handy Andy Realtor Team
  • REMAX Results Rochester, MN

 

ACTIVE LISTINGS:

There are currently 779 active residential listings in Rochester, MN. These active listings have an average asking price of $219,175 and an average time on market of 130 days.

NEW LISTINGS:

During the past week we saw 37 new listings hit the market. These new listings have an average list price of $208,575.

SIGNED CONTRACTS:

There were 39 listings see accepted offers on them during the past week. These pending sales have an average list price of $163,373 and an average time on market of 94 days.

CLOSINGS:

There were 25 homes that closed in the past week. These sold properties had an average sales price of $270,537 (99.79% of asking price/90.55% of original asking price), and an average time on market of 109 days.

 


Posted by Andy Mulholland on 07/30/2012
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