SW Rochester MN Local Real Estate Market Statistics
By Dan Kingsley, ePRO, CDPE-RANGER - Rochester MN
(Counselor Realty of Rochester)
SW Rochester MN Local Real Estate Market Statistics for February 2011: Summary Statistics Feb-11 Feb-10 % Chg 2011 YTD 2010 YTD % Chg Absorption Rate 8.35 8.86 -5.76 7.98 8.23 -3.04 Average List Price $326,336 $314,499 3.76 $304,439 $311,632 -2.31 Median List Price $259,900 $265,000 -1.92 $239,900 $259,000 -7.37 Average Sale Price $236,452 $233,629 1.21 $224,680 $241,981 -7.15 Median Sale Price $204,950 $214,750 -4.56 $193,000 $222,000 -13.06 Average DOM 201 161 24.84 203 148 37.16 Median DOM 179 162 10.49 172 133 29.32 SW Rochester MN Real Estate Market Statistics are getting better overall. SW Rochester MNhas always claimed a higher price per sqft than most other areas of Rochester MN. Even though the inventory is a bit high at eight months it has decreased from last year by 5.75%. ...
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