Market Summary For NW Rochester January 2017

Dated: 02/23/2017

Views: 547

Here's the Market Summary for NW Rochester for the first month of the 2017 calendar year:


55901 Residential Area


  • As of January 2017 there were 87 Active Listings on the market in the 55901 zip code area which is down just slightly from last year's total of 89. There were 48 New Listings that went on the market last month - down from last year's number of 66 homes.  A total of 49 homes were sold in January compared to last year’s similar number of 45.

  • The Average List Price in NW Rochester in January 2017 was $274,486 which is up 14.82% from last year’s $239,057. The Average Sale Price was $200,907 - up 9.54% from January 2016 at $183,405.

  •  In January 2017 the average number of days on the market was 36 days at an absorption rate of 0.97 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. 

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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....

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