Rochester Market Summary For March 2017

Dated: 04/04/2017

Views: 231

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 www.rochesterrealtyedgeteam.com. 

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 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

New Listing Home For Sale In NE Rochester MN

New Listing: Home for Sale in NE Rochester, MNCheck out this beautiful three bedroom/one bath home in NE Rochester, MN. New to the market, this gorgeous, conveniently located home is both pre

Read More