MARKET STATS

Rochester MLS Stats: August

A busier August than normal It has been quite the busy summer for the Rochester MLS and it’s not slowing down.  Normally we see a small dip in the action during the late summer months of July and August but we continued to see offers roll in and sold signs pop up in Rochester, Minnesota […] Read more…

The Scoop: July’s Real Estate Market Stats

Days on market has stayed steady in Rochester with homes taking just over a month to sell.  July is typically a slower month for real estate sales in Rochester.  Some speculate that it’s due to an increase in summer activities. Home prices have edged up just a notch from June’s numbers but average sale prices […] Read more…

rent in rochester mn

The Scoop: June’s Real Estate Market Stats

June’s real estate market shows there is no slowing in site for home sales in Rochester, Minnesota.  Every quadrant in Rochester was in a dead heat for days on market, (how many days it takes a home to sell). 36 days is the longest, on average, it took a home to sell in Rochester last month.  That’s […] Read more…

The Scoop: May’s Real Estate Market Stats

May certainly lived up to the standard spring market expectations for Rochester Minnesota real estate.  This is a normal occurrence during the spring and early summer months to see the market heat up but an inventory level below normal created a feeding frenzy.  Many homes sold in days, even hours.  Sellers were dealing with offers in […] Read more…

The Scoop: April’s Real Estate Market Statistics

There’s no doubt that this has been the busiest Spring market we’ve experienced in a few years.  Demand continues to overcome supply, causing prices to rise. If you’re a buyer searching for a home in Rochester or surrounding areas, you may be experiencing multiple offer situations or you might have missed out on seeing a home […] Read more…