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Rochester MN Real Estate Market Update - May 6, 2009

Wednesday, May 6, 2009:

Rochester MN Housing Market UpdateThere are currently 812 single family homes available for sale in Rochester, 6 fewer than last week.

263 of these homes are vacant, 9 fewer than last week.

An astounding 42 homes accepted contracts this past week.

We continue to decrease our availability of both existing and new construction homes. Twenty-nine new home construction permits were issued in April compared to just 20 total for the months of January-March.

If you are considering selling your home, now is a good time to be on the market. Contact us for a detailed marketing plan for your home.

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David and Lois Marris are top producing REALTORS at Edina Realty of Rochester, MN. Edina Realty is the top real estate brokerage in Minnesota. For more information regarding Rochester MN Real Estate visit our web page at www.DavidAndLoisMarris.com. Contact information: DavidMarris@EdinaRealty.com, LoisMarris@EdinaRealty.com, 507-398-3251.

Posted Wednesday May 06