Your Weekly Rochester, MN Real Estate Market Update

Week of April 15th, 2012 through April 21st, 2012

ACTIVE LISTINGS:

here are currently 838 active residential listings in Rochester, MN. These active listings have an average asking price of $216,317 and an average time on market of 129 days.

NEW LISTINGS:

During the past week we saw 58 new listings hit the market. These new listings have an average list price of $193,227.

SIGNED CONTRACTS:

There were 60 listings see accepted offers on them during the past week. These pending sales have an average list price of $185,191 and an average time on market of 94 days.

CLOSINGS:

There were 17 homes that closed in the past week. These sold properties had an average sales price of $176,620 (97.75% of asking price/92.21% of original asking price), and an average time on market of 183 days.