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Rochester WA real estate market update April 2014
Here is the Rochester WA current real estate market update as of April 2014 (area 455 on the map below).
Rochester, WA is located in the southernmost part of Thurston County, and is best known for its Scandinavian heritage celebrations.  Rochester is also the home to the Great Wolf Lodge and the Lucky Eagle Casino operated by the Confederated Tribes of the Chehalis Reservation.  Rochester features farming parcels as well as vintage homes in the downtown area.  Many residents of these towns are in the Rochester School District.
Neighborhoods in Rochester include Applegate, Beaver Creek, Black River, Country Manor, Grand Mound, Independence and Littlerock.
 
 
 

 
MARKET SNAPSHOT:
 
Average home sales prices for Rochester remained stable with very little change.  The Rochester market is showing steady improvement, which is a good thing.  
The number of homes sold for Rochester has done quite well for the first quarter.  It beat out last year's first quarter by 31.6%! This is also a very good sign that the market is improving and heading for a healthy market.
The absorption rate saw a huge gain this quarter.  This examines the number of homes available for sale and the number of buyers able and ready to absorb the inventory.  Positive numbers!  
 

 
WHAT DOES ... more

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