Currently in the Rochester Minnesota we have 216 active listings in NW Rochester, while we have 77 active listings in NE Rochester. The SE quadrant of Rochester has 108 active listings and SW Rochester has 82 listings active. In the last 24 hours we have seen 9 new listings, 6 listings calcelled and 5 have closed. One lsiting has expired and 8 have gone pending. In Rochester 71 listing contracts were extended, 8 came back on the market while 33 had price changes. We have seen an upturn in our local market with more buyers ready to write offers on homes.
The recent $7500 tax incentive for first time home buyers has helped our market sales. Buyers should consult their lenders and tax advisors for more information.