January 2018 Market Report

Dated: 02/20/2018

Views: 447

Image title

Rochester MN Residential Area Market Report from January 2018

  • As of January 2018 there were 274 Active Listings on the market in the Rochester Residential area which was down just a bit from last year's total of 285. There were 134 New Listings that went on the market last month - up from last year's number of 109 homes. This year, we were just one home shy of last years Sold Homes number: in 2018, there were 106 sold compared to last year’s number of 107.

  • The Average List Price in the Rochester Residential area last month was $381,069 which is up 11.15% from January 2017's number at $342,851. The Average Sale Price was $269,750- up 21.84% from last year which was $221,400.

  •  In January 2018 the average number of days on the market was 50 days at an absorption rate of 1.4 months. 

If you'd like a report for your neighborhood, contact the Realty Edge Team at 507-722-1107 or go to www.rochesterrealtyedgeteam.com. And be sure to like us on Facebook! 

Blog author image

Nate Cunningham

Nate grew up and graduated high school in Osage, Iowa. He served in the US Army and Iowa Army National Guard right out of high school and went on to complete one tour in Northeast Afghanistan. Nate th....

Latest Blog Posts

The Pill Hill Pioneer Harold H Crawford

The Pill Hill Pioneer: Harold H. CrawfordWe told you that our most recent listing at 932 9th Ave SW Rochester was a MUST SEE, and it was. Here’s why!In 1941, famous Rochester architect

Read More

New Listing MUST SEE SW Rochester Home For Sale

New Listing MUST SEE SW Rochester MN Home for SaleThe Realty Edge Team and I are excited to share this unique, new listing in the Historic Southwest neighborhood of Rochester. Located at 932

Read More

New Home Move In Checklist

New Home Move In ChecklistYou've just moved in to a new home and you know there are a million things you need to do before you relax! Check out this list of things to accomplish after moving in to

Read More

New Listing SE Rochester Home For Sale

New Listing SE Rochester Home for Sale The Realty Edge Team and I are excited to share that there's a new home for sale in SE Rochester! This 3 bed/ 2 bath manufactured home is PRE-INSPECTED

Read More