As of today, there are 1080 homes on the market with an average list price of $250,813 with an average time on market of 170 days.
Despite the wintery weather, the market is in full swing with many out of town buyers already purchasing homes and people transitioning within the city. Rochester usually sees a large increase in home sales during the Spring and Summer months with Medical & Technology professionals beginning new jobs and training at Rochester's largest employers, Mayo Clinic and IBM.
Interest rates continue to hover around 6%, still historically low, which makes it a great time to make that move.
If you are planning on making a move this Spring/Summer, now is the perfect time to contact your Realtor to get started on the process.
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