Market Summary May 2018

Dated: 06/11/2018

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Market Summary Rochester MN


Rochester MN Residential Area // Market Summary for May 2018

  • As of May 2018 there were 353 Active Listings on the market in the Rochester Residential area which was down a bit from last year's total of 366. There were 289 New Listings that went on the market last month - up from last year's number of 279 homes. The total number of homes sold in May of this year was 235 compared to last year’s number of 242.

  • The Average List Price in the Rochester Residential area last month was $407,400 which is up 10.4% from last year’s $370,213. The Average Sale Price was $284,086 up 10.18% from May 2017 at $257,845.

  •  In May 2018 the average number of days on the market was 43 days at an absorption rate of 1.83 months. 


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

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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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