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Market Conditions in Rochester : Real Estate Advice

  • All66
  • Local Info9
  • Home Buying12
  • Home Selling6
  • Market Conditions2

Activity 4
Tue Oct 28, 2014
Derrick Guevremont answered:
Less than 10 minutes to the Mayo Clinic but Rochester also has a bus line running through the Meadow Park subdivision saving one the trouble of parking if they were to choose that option.. ... more
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Fri Apr 27, 2012
Daniel Hansmeier answered:
Hi Tim, too many variables to give you an actual price. If you're considering adding a bath for resale odds are you will not recapture you're total investment. If I could see your home and get specifics on the added bath I could give you a price.
Thanx, Dan
... more
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Thu Mar 11, 2010
Sara Guevremont answered:
Before you walk away...there is help out there. Go to this website- It is FREE and ANONYMOUS. You don't have to sign in with any of your information. From this main page, you will be taken to various local and state agencies that available to help Minnesota homeowners in crisis, whether you have already been through foreclosure, or are at the beginning and haven't even missed a payment yet. Just know there is help! I urge you to take a look at it. ... more
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Sat May 9, 2009
Lois Marris answered:
Tooter - Here is some data for the 55901 zip code area. This compares 2008 to 2007.

# Homes listed in 2008: 1309
# Homes listed in 2007: 1417
Change: -7%

Days on Market 2008: 134
Days on Market 2007: 154
Change: -12% (good news)

Number sold 2008:733
Number sold 2007:862
Change: -20%

Average Sale Price 2008: $180,374
Average Sale Price 2007: $197,785
Change: -6%

Medium Sale Price 2008: $169,000
Medium Sale Price 2007: $176,950
Change: -4%

It takes more work but the data can be broken down per neighborhood and price range.
... more
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