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http://www.realtor.org/topics/existing-home-sales/data
http://www.realtor.org/topics/existing-home-sales/data
kw Nobody Moves the Market Like kw | Rochester
1st 2nd 3rd 4th
MAR 2013 EDITION Rochester, MN
Residential Market Report Keller Williams Realty Is Now Real Estate Company in the United States
HIGHLIGHTS
YTD Sold homes are up 7% over 2012
YTD Sold Avg Days on Market Down 22% vs 2012
Inventory is down over 24% vs 2012
Months of inventory extremely low at 4.64 months
Sales Price % of List Price up 1% over 2012
Keller Williams Realty Ranked "Highest in Customer Satisfaction Among Home Buyer and Seller Segments" by J.D. Power and
Associates
Inventory is much needed as we head into the spring market
4.5% 7% (22%)
(2%) ####
(24.7%) 1.0% (36.9%)
`
Flex MLS Data! Created by Calvin Mergen ([email protected]) Residential Stats (Information is deemed to be reliable, but is not guaranteed)
636 845
$183
$182
$174
$158
$151
$147
$146
$145
$141
$140
Lake City
Rochester
Byron
Pine Island
Stewartville
Wabasha
Winona
Eyota
Kasson
Owatonna
Thousands Avg Sale Price
697
118
108
101
78
37
35
34
29
25
Rochester
Winona
Austin
Owatonna
Albert Lea
Kasson
Byron
Stewartville
Lake City
Wabasha
New Listing
109 139
98.0% 97.0%
$181,697 $173,911 331 309
0-3
0k
30
k-4
0k
40
k-5
0k
50
k-6
0k
60
k-7
0k
70
k-8
0k
80
k-9
0k
90
k-1
00
k
10
0k-
12
0k
12
0k-
14
0k
14
0k-
16
0k
16
0k-
18
0k
18
0k-
20
0k
20
0k-
25
0k
25
0k-
30
0k
30
0k-
40
0k
40
0k-
50
0k
50
0k+
0 5 3
7 7 8 9
16
30
43 38
35 30
46
19 23
5 7
| Report Rochester, MN Residential Through 2012 2013
(100%) 0% (67%) (36%) (46%) (11%) 0% 0% 36% 19% (3%) 35% 67% 12% (10%) 35% (38%) 17%
2012 Sales 2012 Sales
YTD Sold Homes Avg Sale Price Avg Days on Market
96% 98%
47% 65%
Inventory
7.4
5.3 4.1
3.0 4.1 4.3 4.3 4.3 4.5 4.8 5.0
6.1 4.6
Mar
-1
2
May
-1
2
Jul-
12
Sep
-12
No
v-1
2
Jan
-13
Mar
-1
3
Months of Inventory Last 13 months 6+ Months = Buyers Market
845 860 855 825 808 796 725 702
631 565
511 570
636
Mar
-12
Ap
r-1
2
May
-12
Jun
-12
Jul-
12
Au
g-1
2
Sep
-12
Oct
-12
No
v-1
2
Dec
-12
Jan
-13
Feb
-13
Mar
-13
Active Listings Sold Listings
Mar
-12
Ap
r-12
May
-12
Jun
-12
Jul-
12
Au
g-12
Sep
-12
Oct
-12
No
v-12
Dec
-12
Jan
-13
Feb
-13
Mar
-13
Avg Sold Days on Market Last 13 months
115 163
207
271
196 187 169 162 139 119 103 93
137
Sale Price % of List Price
3 5 9 11 13 9 9 16 22 36 39 26 18 41 21 17 8 6
4.64
7.35
Months of Inventory
0 5 9 4 14 11 21 24 51 91 79 55 32 89 50 68 25 26
Active Inventory
KEY NUMBERS
YTD 2013 VS YTD 2012 SOLD HOMES BY PRICE PT.
333
67
55
49
38
30
19
18
18
13
Rochester
Austin
Owatonna
Winona
Albert Lea
Kasson
Byron
Lake City
Pine Island
Stewartville
YTD Sold Homes
A LOOK AT THE SURROUNDING AREAS (TOP 10)
484
87
78
64
51
26
23
17
15
14
Rochester
Austin
Winona
Owatonna
Albert Lea
Kasson
Byron
Stewartville
Lake City
Pine Island
Pended Homes
73%
21%
18%
15%
14%
4%
0%
0%
0%
0%
0
Pine Island
Winona
Lake City
Austin
Albert Lea
Rochester
Owatonna
Byron
0
0
0
Sale Price % Incease
87%
50%
44%
42%
37%
7%
5%
5%
0%
0%
Kasson
Pine Island
Wabasha
Dodge Center
St. Charles
Rochester
Albert Lea
Lake City
Byron
Eyota
Sold home % Increase
12
93
12
28
11
89
11
76
11
38
10
81
10
06
93
7
90
3
86
1
92
3
10
76
11
37
10
96
10
77
10
92
10
89
11
02
10
58
95
1
90
1
91
2
1,0
31
1,2
09
1,3
46
12
64
12
78
12
46
12
26
1,1
66
1,0
91
99
8
90
6
85
4
90
1
1,0
80
1,1
43
1,0
99
10
52
10
02
95
5
90
0
85
5
79
3
71
0
65
4
70
3
84
5
86
0
85
5
82
5
80
8
79
6
72
5
70
2
63
1
56
5
51
1
57
0
63
6
Ap
r-0
8
May
-08
Jun
-08
Jul-
08
Au
g-0
8
Sep
-08
Oct
-08
No
v-0
8
Dec
-08
Jan
-09
Feb
-09
Mar
-09
Ap
r-0
9
May
-09
Jun
-09
Jul-
09
Au
g-0
9
Sep
-09
Oct
-09
No
v-0
9
Dec
-09
Jan
-10
Feb
-10
Mar
-10
Ap
r-1
0
May
-10
Jun
-10
Jul-
10
Au
g-1
0
Sep
-10
Oct
-10
No
v-1
0
Dec
-10
Jan
-11
Feb
-11
Mar
-11
Ap
r-1
1
May
-11
Jun
-11
Jul-
11
Au
g-1
1
Sep
-11
Oct
-11
No
v-1
1
Dec
-11
Jan
-12
Feb
-12
Mar
-12
Ap
r-1
2
May
-12
Jun
-12
Jul-
12
Au
g-1
2
Sep
-12
Oct
-12
No
v-1
2
Dec
-12
Jan
-13
Feb
-13
Mar
-13
PERSPECTIVE ACTIVE LISTINGS SOLD LISTINGS
22
%
16
%
20
%
21
%
22
%
23
%
23
%
23
%
24
% 3
3%
24
%
19
%
14
%
15
%
14
%
15
%
14
%
14
%
15
%
16
%
16
%
21
%
19
%
12
%
10
%
10
%
6%
12
%
10
%
10
%
10
%
8%
7%
20
%
16
%
12
%
9%
7%
6%
8%
17
%
16
%
12
%
15
%
15
%
26
%
18
%
12
%
11
%
10
%
8%
9%
11
%
12
%
14
%
15
%
16
% 22
%
23
%
12
%
SOLD % OF INVENTORY
MUST HAVE 5 SOLD HOMES TO QUALIFY
69%
76% 66%
81%
61% 52%
102% 78% 89% 96%
78% 93% 89% 91%
166%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Pend to List Ratio
2012 2013
http://www.realtor.org/topics/existing-home-sales/data
`
(24.7%)
0 2
7
3 1
6
12 11
16
22 23
11
3
11 10 7
3 0
0
205 237
117
35
89 87
144
66 87
57
263
48
184 184
255
56
0 0
50
100
150
200
250
300
0
5
10
15
20
25
0-3
0K
30
K-4
0K
40
K-5
0K
50
K-6
0K
60
K-7
0K
70
K-8
0K
80
K-9
0K
90
K-1
00
K
10
0K
-12
0K
12
0K
-14
0K
14
0K
-16
0K
16
0K
-18
0K
18
0K
-20
0K
20
0K
-25
0K
25
0K
-30
0K
30
0K
-40
0K
40
0K
-50
0K
50
0K
+
Active Listings Avg Days on Market
Condos
0 3 2 1 13
5 9 13
35
69
56 44
29
78
40
61
22 26
0
122
386
36
188 133 145
185
110 75 64 70 64 79 99 117 99
134
0
50
100
150
200
250
300
350
400
450
0
10
20
30
40
50
60
70
80
90
0-3
0K
30
K-4
0K
40
K-5
0K
50
K-6
0K
60
K-7
0K
70
K-8
0K
80
K-9
0K
90
K-1
00
K
10
0K
-12
0K
12
0K
-14
0K
14
0K
-16
0K
16
0K
-18
0K
18
0K
-20
0K
20
0K
-25
0K
25
0K
-30
0K
30
0K
-40
0K
40
0K
-50
0K
50
0K
+
Active Listings Avg Days on Market
Single Family
Townhomes
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
10
3
93
13
5
0 0 0 0 0 0 0 0 0
90 1
04
11
5
16
2 20
3
26
3
19
2
17
6
16
0
16
2
12
9
113
2013 2012
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
17
9 20
1
31
7
0 0 0 0 0 0 0 0 0
13
7
22
8
36
5
252
26
0
20
5
19
1
20
7
16
5
15
2
12
9
67
2013 2012
14% (11%) 17% 0% 0% 0% 0% 0% 0% 0% 0% 0%
31% (12%) (13%) 0% 0% 0% 0% 0% 0% 0% 0% 0%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
12
3 15
2
209
0
0
0
0
0
0
0
0 0
11
1
13
8 1
91
25
6
20
4
183
18
3
16
1
15
3
13
6
11
7
11
1
2013 2012
11% 10% 9% 0% 0% 0% 0% 0% 0% 0% 0% 0%
636 845
Active Homes
2012 2013
SOLD LISTINGS PER MONTH
PENDED LISTINGS PER MONTH
NEW LISTINGS PER MONTH
15% (7%) 9% (22%)
8% (23%) 3% (41%)
(3%) (10%) 11% (33%)
10% (27%) 28% (30%)1%11%
3%
(8%)
5%
(17%)
0%11%
73 66
222 216
69 64 78 94
$189,402
$179,960 $166,5
68 $161,2
00
58 60 $128,637
$115,884
222 216 346 375
3.07
5.24
98 125
2012 2013
155 142
YTD Sold Homes Avg Sale Price Avg Days on Market
New Listings
0-3
0k
30
k-4
0k
40
k-5
0k
50
k-6
0k
60
k-7
0k
70
k-8
0k
80
k-9
0k
90
k-1
00
k
10
0k-
12
0k
12
0k-
14
0k
14
0k-
16
0k
16
0k-
18
0k
18
0k-
20
0k
20
0k-
25
0k
25
0k-
30
0k
30
0k-
40
0k
40
0k-
50
0k
50
0k+
0 2 1 4
1 1 5 5
17 18 23 23
19 24
5 5 1 1
Pended Homes
4.02 5.25
98 125 47
41
YTD Sold Homes Avg Sale Price Avg Days on Market
New Listings Pended Homes
115 90 4.04
5.77
$251,019
$250,251
135
203
158 157
YTD Sold Homes Avg Sale Price Avg Days on Market
New Listings Absorption Rate Pended Homes
3.07
5.24
104 115
115 104
YTD Sold Homes Avg Sale Price Avg Days on Market
New Listings Pended Homes
(100%) 0% (75%) 33% (86%) (50%) 0% (17%) 89% 13% (4%) 44% 73% 14% (38%) 0% 0% 0%
0-3
0k
30
k-4
0k
40
k-5
0k
50
k-6
0k
60
k-7
0k
70
k-8
0k
80
k-9
0k
90
k-1
00
k
10
0k-
12
0k
12
0k-
14
0k
14
0k-
16
0k
16
0k-
18
0k
18
0k-
20
0k
20
0k-
25
0k
25
0k-
30
0k
30
0k-
40
0k
40
0k-
50
0k
50
0k+
0 1
0 1
2 2 2 2 3
8
2
4
2
6
4
6
0
2
(100%) 0% (100%) (50%) 100% 100% 0% (67%) 0% 60% (50%) 0% 0% 50% 100% 0% (100%) 0%
0-3
0k
30
k-4
0k
40
k-5
0k
50
k-6
0k
60
k-7
0k
70
k-8
0k
80
k-9
0k
90
k-1
00
k
10
0k-
12
0k
12
0k-
14
0k
14
0k-
16
0k
16
0k-
18
0k
18
0k-
20
0k
20
0k-
25
0k
25
0k-
30
0k
30
0k-
40
0k
40
0k-
50
0k
50
0k+
0 2 2 2 3 4
2
7 8 9 6
3 3 4
1 2 0 0
(100%) (33%) 100% (67%) (40%) 33% (50%) 133% (11%) 0% 0% 50% 200% (33%) 0% 0% 0% 0%
0-3
0k
30
k-4
0k
40
k-5
0k
50
k-6
0k
60
k-7
0k
70
k-8
0k
80
k-9
0k
90
k-1
00
k
10
0k-
12
0k
12
0k-
14
0k
14
0k-
16
0k
16
0k-
18
0k
18
0k-
20
0k
20
0k-
25
0k
25
0k-
30
0k
30
0k-
40
0k
40
0k-
50
0k
50
0k+
0 0 0 0 1 1 0 2 3
8 7 6 6
12 9 10
4 4
0% 0% (100%) 0% 0% (67%) 0% 100% (25%) 33% 40% 50% 50% 20% (10%) 67% (33%) (20%)
NE NW SE SW
47
155
58 73
Sold Homes
NE NW SE SW
$189,402 $166,568
$128,637
$251,019
Avg Sale Price
NE NW SE SW
112 98 104
135 Avg Sold Days on Market
NE NW SE SW
4.02 3.07
4.04 4.04
Absorbtion Rate
Absorption Rate
Absorption Rate Absorption Rate
0 0 0 1 0 0 4 8 12 10 9 9 6 8 11 11 6 5
0 0 0 0 0 3 2 4 2 16 7 7 9 23 13 31 23 26 0 0 2 4 7 5 7 12 20 15 12 5 3 9 7 7 0 1
0 2 5 3 6 7 6 8 17 32 42 31 26 40 12 25 0 2