Rochester Market Summary For January 2017

Dated: 02/16/2017

Views: 406

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

Rochester MN Residential Area

  • As of January 2017 there were 282 Active Listings on the market in the Rochester Residential area which is down from last year's total of 300. There were 106 New Listings that went on the market last month - down from last year's number of 131 homes.  A total of 106 homes were sold in January compared to last year’s similar number of 105.

  • The Average List Price in the Rochester Residential area in January 2017 was $349,172 which is up 10.79% from last year’s $315,170. The Average Sale Price was $221,267 - down 3.46% from January 2016 at $229,201.

  •  In January 2017 the average number of days on the market was 50 days at an absorption rate of 1.44 months. 

If you'd like a report for your neighborhood, contact the Realty Edge Team at 507-722-1107 or go to 

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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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