Tag Archives: market conditions
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 >
Rochester, MN Area Monthly Market Update
The June 30 closing deadline for the home buyer tax credit certainly boosted the market with the total volume of homes that closed in June approaching $45 million, a 34% increase over May’s volume of $34 million, but down 13.5% … 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 >
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 >
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!
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 >
Paying for a Pre-inspection Can Save You Money
For years now, we’ve been recommending that home sellers pay for a professional home inspection when they list their home for sale so that both parties know the home’s strengths and weaknesses before an offer is ever made. Savvy home … 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 >
Monday Morning Market Update for Rochester, MN
According to the Multiple Listing Service (MLS) there are currently 1167 homes for sale in Rochester, Minnesota with an average list price of $222,709 (median $172,900) and an average of 147 days on the market. The volume of homes for … Read more >