Sold Statistics Report
Lynette
        Bates
This chart covers all homes in Southeastern Minnesota including Rochester and the surrounding areas.
It gives a historical perspective on the market and can be used measure the strength of the current market, and roughly how well home values have appreciated. In Rochester some homes have proven to be very good investments, increasing at a rate of over 10% a year.

 

Count on me to effectively and efficiently handle your real estate transactions.

Lynette Bates


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SE MN Association of REALTORS®
Year End Sold Statistics Report

Year Total Sales Avg List Price Avg Sale Price Days on Market Median Sold Price
1989 1966 $77307 $75400 83 $66500
1990 1839 $80170 $78509 75 $69900
1991 1953 $84128 $82276 73 $73000
1992 2145 $90668 $88711 80 $77000
1993 2433 $93350 $91235 77 $79900
1994 2126 $92634 $90315 83 $79900
1995 2440 $95673 $93096 96 $82500
1996 2299 $100891 $98450 89 $88300
1997 3307 $106,420 $104,368 79 $89,900
1998 2805 $113,666 $111,978 73 $97,900
1999 2887 $127,820 $126,302 56 $114,228
2000 2887 $141613 $140,351 48 $127,900
2001 4694 $140,424 $138,338 66 $128,000
2002 4983 $146,623 $144,837 79 $130,000
2003 5459 $155,813 $153,800 86 $138,500


SE MN Association of REALTORS®
Year End Sold Report 2003
Area Name # of Sales $ Volume % Mrkt Avg. List Avg. Sale %L P Rcvd Median S P DOM
NW Rochester 1,169 $192,940,550 21.4% $164,908 $165,048 100.1% $151,900 72
NE Rochester 304 $58,479,795 5.6% $194,679 $192,368 98.8% $165,900 76
SW Rochester 451 $113,325,161 8.3% $257,950 $251,275 97.4% $195,000 110
SE Rochester 391 $50,993,603 7.2% $131,448 $130,481 99.2% $122,900 71
Stewartville Area 114 $17,613,560 2.1% $155,130 $154,505 99.6% $152,500 77
Elgin/Millville/Plainview 87 $11,686,758 1.6% $137,406 $134,331 97.8% $135,000 104
Chatfield Area 51 $7,470,065 0.9% $151,488 $146,472 96.7% $134,000 82
Dodge Cntr/W.Concord/Claremnt 88 $10,146,642 1.6% $116,167 $115,303 99.3% $116,888 100
Dover/Eyota/St.Charles/Elba 108 $15,933,613 2.0% $150,452 $147,533 98.1% $134,700 99
Byron/Kasson/Mantorville 252 $41,658,016 4.6% $165,554 $165,310 99.9% $154,450 100
Pine Island/Oronoco 78 $15,596,462 1.4% $201,499 $199,955 99.2% $182,425 109
Spring Valley/Grand Meadow/LeRoy 111 $11,971,313 2.0% $110,376 $107,850 97.7% $100,000 127
Zumbrota/Goodhue 80 $12,795,202 1.5% $160,284 $159,940 99.8% $141,250 88
Winona/Goodview/MN City/Homer 437 $60,456,682 8.0% $141,152 $138,345 98.0% $124,900 62
Preston/Rushford/Houston 111 $11,373,454 2.0% $105,803 $102,464 96.8% $92,400 108
Hayfield 43 $4,701,541 0.8% $111,251 $107,338 98.3% $100,800 112
Kenyon/Cannon Falls/Red Wing 47 $8,230,016 9.0% $180,811 $175,107 96.8% $149,900 104
Stockton/Lewiston/Rollingstone 28 $3,681,450 0.5% $135,036 $131,480 97.4% $127,250 88
Out of Area - Minnesota 26 $3,427,900 0.5% $137,081 $131,840 96.2% $129,950 76
Pickwick/LeMoille/Ridgeway/Nodine/etc 7 $889,000 0.1% $135,886 $127,000 93.5% $115,000 76
LaCrescent/Brownsville/Dresbach 3 $326,000 0.1% $110,600 $108,667 98.3% $109,000 68
LakeCity/MiissRvr/Wabasha/Kellogg,etc 143 $23,076,198 2.6% $166,653 $161,379 96.8% $153,260 121
Austin/Mapleview 136 $12,627,921 2.5% $96,003 $92,852 96.7% $72,250 81
TwinLakes/Emmons/Glenville/Myrtle,etc 23 $1,954,215 0.4% $88,339 $84,966 96.2% $75,500 145
Albert Lea - City 301 $28,483,243 5.5% $97,964 $94,629 96.6% $80,500 115
Albert Lea - Rural 14 $2,054,460 0.3% $151,243 $146,747 97.0% $144,900 116
ClarksGrove/Geneva/Hollandale/MapleI 29 $3,122,525 0.5% $109,521 $109,673 98.3% $96,900 114
Alden/Conger/Freeborn/Hartland/Manch 19 $1,437,250 0.3% $78,426 $75,645 96.5% $69,000 89
Ellendale/Hope/Meridan 22 $2,416,240 0.4% $110,441 $109,829 99.4% $96,200 108
BloomingPrairie/Bixby/Pratt 28 $2,746,905 0.5% $103,114 $98,104 95.1% $85,250 110
Owatonna - City 478 $71,023,697 8.8% $148,620 $148,585 100.0% $140,000 66
Steele Co. NE 6 $1,470,469 0.1% $244,188 $145,078 100.4% $215,535 74
Medford/ClintonFalls/Deerfield 27 $4,428,714 0.5% $164,036 $164,026 100.0% $149,000 77
Faribault 106 $16,402,912 1.9% $157,022 $154,744 98.5% $139,900 72
Waseca/Otisco/New Richland 76 $7,834,185 1.4% $104,883 $103,081 98.3% $99,500 85
Morristown/Waterville/Elysian 12 $1,761,990 0.2% $149,983 $146,833 97.9% $136,000 248
Wells/Easton/MN Lake 4 $150,200 0.1% $40,450 $37,550 92.8% $38,850 41
Bricelyn/Kiester/Walters/Frost 4 $207,595 0.1% $53,175 $51,899 97.6% $48,550 65
Out of Area - Iowa 16 $1,113,550 0.3% $72,750 $69,597 95.7% $58,325 169
Out of Area - Wisconsin 27 $3,195,694 0.5% $126,833 $118,359 93.3% $115,000 94

 
 
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