Rochester Market Summary For March 2017

Dated: 04/04/2017

Views: 144

Here's the Market Summary for Rochester from March of 2017:

853 8th Ave SW Rochester MN 55902

Rochester MN Residential Area

  • As of March 2017 there were 315 Active Listings on the market in the Rochester Residential area which was down significantly from last year's total of 392. There were 315 New Listings that went on the market last month - down from last year's number of 332 homes. A total of 175 homes were sold in March of this year compared to last year’s number of 140.

  • The Average List Price in the Rochester Residential area last month was $361,599 which is up 10.71% from last year’s $326,627. The Average Sale Price was $267,662 - up a good 29.54% from March 2016 at $206,622.

  •  In March 2017 the average number of days on the market was 63 days at an absorption rate of 1.59 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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