January 2020 Rochester Real Estate Market Report

Dated: 01/06/2020

Views: 122

January 2020 Rochester Real Estate Market Report

Happy New Year!! The January 2020 Rochester Real Estate Market Report is now available. For more details about the Rochester MN real estate market, please don't hesitate to contact one of our agents. We would love to answer any questions about the market or questions that you might have about buying or selling a home in the Rochester MN area.

Summary of Statistics:

Pending/Active Listings

  • 224 Active Listings
  • 113 Pending
  • Pending Ratio = 34%

Days on Market (Active Listings)

  • Average days = 103
  • Median days = 78

Days on Market (Sold/Closed in last 6 mo.)

  • Average days = 47
  • Median days = 24

Median Sold Price (Last 30 days)

  • $245,000
  • Days on market = 37

Median Sold Price (Last 6 mo.)

  • $252,000
  • Days on market = 24

Average/Median Active Price

  • Active average price = $449,862
  • Active median price = $378,650

List-to-sale Ratio (Price Paid)

  • 101.0%

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