Quarter One 2018 Market Report For Rochester

Dated: 04/16/2018

Views: 448

2018 Q1 Market Report Rochester MN

Here's the Quarter One 2018 Market Report for the city of Rochester, MN 

Rochester Q1 2018 Market Report*  
(*from January to March 2018)

  • From January to March of this year, there were 874 Active Listings on the market in the Rochester Residential area which is down from last year's total of 896. There were 612 New Listings that went on the market this past quarter - also down from last year's number of 647 homes. A total of 391 homes were sold compared to last year’s similar number of 388.

  • The Average List Price in the Rochester Residential area in Quarter one was $397,533 - up from last years price of $349,262. The Average Sale Price was $265,006 up from 2017's first quarter at $239,917.

  •  From January to March, the average number of days on the market was 54 days at an absorption rate of 1.48 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

New Listing Home For Sale In SE Rochester MN

New Listing: Home for Sale in SE Rochester, MNCheck out this beautiful two bedroom/one bathroom home in SE Rochester, MN. Located at 120 11th St SE Rochester, this recently renovated house 

Read More

New Listing Spacious Home For Sale In SW Rochester MN

New Listing: Spacious Home for Sale in SW Rochester, MNCheck out this stunning five bedroom/three and a half bathroom home in SW Rochester, MN. Built in 2014, this home features a large, open

Read More

Follow Our New Realty Edge LinkedIn Page

Follow Our New Realty Edge LinkedIn PageAre you on LinkedIn? If so, you should follow our new Realty Edge Team company page! You can look to our LinkedIn page for real estate news and

Read More

February 2019 Rochester MN Real Estate Market Report

February 2019 Rochester MN Real Estate Market ReportFor more information about the Rochester MN real estate market, please feel free to contact me at 507-218-1930 or  justin@therealtyedge

Read More