Rochester MN real estate market stats for the end of July from our area MLS.
The absorption rate at the end of July was 8.56 months of inventory. We had 1219 active listings available at the end of July with 165 properties being added during the month. 86 listings sold in July.
The active median list price was just under $170k. The sold median list price was just under $160k. The sold median sale price was just under $159k. The new median list price was just under $155k. The average days on market for sold properties was 108 days.
Working with a professional Realtor in Rochester MN is the one of the most beneficial steps you can take on your journey towards finding a new home, or selling your old home. A local Realtor can also help you search the Rochester MN MLS.
If you would like to explore the possibilities of purchasing Rochester MN real estate, contact us at (507) 421-6845 or email us at info@soldbyjaredjacobs.com today!
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