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Quarter Two Market Report For Rochester MN
Quarter Two Market Report For Rochester MN*
(*from April to June 2018)
Here's the market report between the months of April 2018 to June 2018 for the Rochester residential area:
From April to June of this year, there were 1,125 Active Listings on the market in the Rochester Residential area - up from last year's number of 1,056. New Listings for Quarter Two of this year AND last year both totalled 819 homes. A total of 708 homes were sold this year compared to last year’s number of 791.
The Average List Price in the Rochester Residential area from Quarter Two was $401,359 - up from last years price of $330,561. The Average Sale Price was $272,209 - also up from 2017's Second Quarter at $261,311.
Between April and June, the average number of days on the market was 38.3 days at an absorption rate of 1.93 months.
Every quarter, we send out a quarterly market report for the city of Rochester in our newsletter. If you'd like us to send you a copy of our newsletter, email: [email protected]