median sales price

The real estate market in southeastern Minnesota continues to be driven demand outstripping the supply of home for sale.

Sellers continue to hold the upper-hand in the region’s real estate marketplace.

A monthly report on southeastern Minnesota’s real estate marketplace shows home prices continued to rise at a steady clip last month.

Rochester, MN (KROC-AM News) - Home prices continued to rise across the region last month as the number of homes for sale continued to drop.

Rochester, MN (KROC-AM News) -  Strong demand combined with a limited supply pushed home prices higher across the region last month.

Rochester, MN (KROC-AM News) - The arrival of Spring boosted southeastern Minnesota’s real estate market, despite an ongoing shortage of homes for sale.

Rochester, MN (KROC-AM News) - A tight supply of homes for sale has pushed the median sales price for an existing home in Rochester above $200,000.

Rochester, MN (KROC AM News) - A monthly report on the region’s real estate market shows existing home prices continue to rise as the number of homes for sale continues to shrink.

Minnesota’s residential real estate market experienced a slight slow down in December, but home values continued to rise.