SE Rochester MN Local Real Estate Market Statistics
By Dan Kingsley, ePRO, CDPE-RANGER - Rochester MN
(Counselor Realty of Rochester)
SE Rochester MN Real Estate Market Statistics for February 2001: Summary Statistics Feb-11 Feb-10 % Chg 2011 YTD 2010 YTD % Chg Absorption Rate 8.85 6.34 39.59 8.65 5.98 44.65 Average List Price $131,803 $136,954 -3.76 $128,901 $133,714 -3.60 Median List Price $115,000 $124,850 -7.89 $117,900 $122,900 -4.07 Average Sale Price $87,364 $109,144 -19.96 $90,495 $102,874 -12.03 Median Sale Price $56,000 $102,000 -45.10 $70,000 $104,000 -32.69 Average DOM 70 141 -50.35 105 123 -14.63 Median DOM 68 40 70.00 85 51 66.67 SE Rochester MN Real Estate continue to decline. Both listing and sale prices have continued to lower from last year, but the average days on the market have been reduced by 50% which means last year listing prices were too high for the market and by sellers reducing prices to...
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