December 2016 Market Report

Dated: 01/16/2017

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Here's the Market Report from December in the Rochester Residential Area:


  • As of December 2016 there were 326 Active Listings on the market in the Rochester Residential area which is down from last year's total at 347. There were 93 New Listings that went on the market last month - up from last year's numbers at 71 homes. A total of 150 homes were sold in December compared to last year’s number of 160. 

  • The Average List Price in the Rochester Residential area in December 2016 was $346,966 which is up 9.14% from last year’s $317,916. The Average Sale Price was $250,360 which is up 11.73% from December 2015 at $224,076.

  •  In December 2016 the average number of days on the market was 57 days at an absorption rate of 1.66 months. 

Home for sale Rochester MN

If you'd like a market summary of your city or neighborhood, contact the Realty Edge Team at 507-722-1107 or at www.rochesterrealtyedgeteam.com.  And find us on Facebook!

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Dan Kingsley

Dan is a licensed realtor in Minnesota. Since 2011, Dan has been a co-owner of the Realty Edge Team with Kyle Swanson, at eXp Realty, at 300 1st Ave NW in Rochester, MN. He shares his life with his so....

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