October 2016 Market Summary For Rochester MN

Dated: 11/03/2016

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Rochester MN

October 2016 Market Summary For Rochester MN

Rochester, MN Residential Area

  • As of October 2016 there were 402 Active Listings on the market in the city of Rochester which is down from last year's number of 455. There were 168 New Listings that went on the market last month - just slightly up from last year's number at 164 homes. A total of 163 homes were sold this October in Rochester - last year's number was 172.

  • The Average List Price in Rochester in October 2016 was $355,414 which is up 12.89% from last year’s $314,843

  • The Average Sale Price this October was $229,990 which increased - up 8.04% from October 2015 at $212,871.

  •  In October 2016 the average number of days on the market was 46 days at an absorption rate of 2.09 months.

If you'd like a detailed summary of your zip code or neighborhood, contact the Realty Edge Team at 507-218-9700. 

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Kyle Swanson

Kyle is a licensed realtor and co-owner of the Realty Edge Team, brokered by eXp Realty, LLC, at 300 1st Ave NW Rochester, MN. He founded the Realty Edge Team in 2011 along with Dan Kingsley. At age 2....

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