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Report | Gwaltney Group | RE|MAX Results Blog

Wednesday, March 14, 2018   /   by Brian Ness

5 Reasons School Ratings Matter (Whether You Have Kids or Not)





Schools can have a big impact on property value and quality of life. If you're buying a home, here are a few reasons local school ratings matter – even if you don't have kids.

1.The next buyer will consider school ratings, too

According to a recent National Association of REALTORS Profile of Home Buyers and Sellers, 25 percent of homebuyers listed school quality and 20 percent listed proximity to schools as deciding factors in their home purchase. Another survey conducted by Realtor.com showed that 91 percent of the people surveyed included school district boundaries in their decision-making process. You may be surprised to learn that not all of the shoppers involved in the studies had ki ...

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  first time buyers, first time home buyers, home buyers, rochester home value, home value, sell home, sell house, report

Monday, April 03, 2017   /   by Brian Ness

Rochester | March Real Estate Market Report

Rochester Market Report 




Lets take a look at the real estate market. Currently there are 340 sales pending in the market overall, leaving 301 listings still for sale. The resulting pending ratio is 53.0% (340 divided by 641). So you might be asking yourself, that's great... but what exactly does it mean? I'm glad you asked! 



The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply.



Taking a closer look, we notice that the $100K - $200K price range has a relatively large number of contracts pending sale.
We also notice that the $300K - $400K price range has a relatively large inventory of properties for sale at 66 listings. The median list price (or asking price) for all properties in this market is $338,375. ...

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  rochester market, report

Gwaltney Group of RE/MAX Results
Robin Gwaltney
4123 26th St. NW
Rochester, MN 55901
507-259-4926

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Gwaltney Group of RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated March 24, 2019
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