December Market Report For NW Rochester MN

Dated: 01/26/2017

Views: 371

Here's what happened in Real Estate in Northwest Rochester in DECEMBER:


  • As of December 2016 there were 102 Active Listings on the market in NW Rochester which is down slightly from last year's total of 99. There were 50 New Listings that went on the market last month - up almost twice as much as last year's total of 24. A total of 74 homes were sold in December this year compared to last year’s number of 66. 

  • The Average List Price in 55901 in December 2016 was $272,690which is up 12.15% from last year’s price of $243,155.

  • The Average Sale Price was $220,769which is up 22.37% from December 2015 at $180, 410.

  •  In December 2016 the average number of days on the market was 47 days at an absorption rate of 1.15 months. 

Rochester, MN home for sale



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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