Author Archives: Admin

2009 Review – Market Time vs. Average Price for Homes Sold in Rochester, MN

Looking at the average sold price and average market time for homes that have sold in Rochester, Minnesota in the last two years, we can see a hopeful trend for improving market conditions.  While the chart clearly demonstrates the impact … Read more >

January Market Update

Happy New Year!  Hard to believe that we’re already a decade into this century.

It’s been well-established that 2009 was a difficult year for the economy, and the Rochester area real estate market was no exception with lower volumes, long … Read more >

Foreclosure Sales — Making it Worth the Effort

Even as the economy works to recover, foreclosure sales are still common.  Frequently these properties are appealing because they are priced to sell, often well below market value.  However, there are several obstacles and pitfalls that a buyer can expect … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

According to the MLS (Multiple Listing Service) there were 43 new listings last week  (January 11 to 17, 2010), an increase of 72% over the same time period last year, and 16 homes that went under contract (to … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

There were 12 homes that sold (closed) in Rochester, Minnesota last week (1/4/10 to 1/10/10) according to the Multiple Listing Service (MLS), just one more than the same time period last year.  The average sold price for these … Read more >

2835 17th Ave NW Rochester, MN 55901

I’ve taken a new listing at 2835 17th Ave NW Rochester, MN 55901.  It is a 4 bedroom, 2 bath ranch in Crescent Park.  The listing number is 4017265 and the home info line number is 397930.  You can … Read more >

Monday Morning Market Update for Rochester, MN

Good morning and happy 2010!

Given where the holidays fell last week (December 28, 2009 to January 3, 2010), it’s not surprising that the number of new listings, homes going to pending, and those which sold last week were all … Read more >

1301 4th Ave SE Rochester, MN 55904

I’ve taken a new listing at 1301 4th Ave SE Rochester, MN 55904. It’s a 3 bedroom, 1 bath 1 ¼ story in Irelands. The listing number is 4014313 and the home info line number is 396470. You can find … Read more >

Monday Morning Market Update for Rochester MN

Good morning!

There are currently 827 residential properties for sale in Rochester, MN with an average asking price of $229,803 (median $174,900) and an average of 186 days on the market. 

According to the MLS (Multiple Listing Service) there were … Read more >

900 Riverwood Ln SW Oronoco, MN 55960

I’ve taken a new listing at 900 Riverwood Ln SW Oronoco, MN 55960.  It is a 1.1 acre building site.  The listing number is 4013942 and the home info line number is 394470.  You can find all the details hereRead more >