Bob Timm's "RealMan" Blog

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Minot Real Estate Report week ending 12/16/2017

Bob Timm, Alliance Real Estate

12/16/2017

This week there were 9 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 7 last week. A look at the Red chart below shows there were 19 closings overall to include all properties. Of the homes that closed this week the average days on market was 95 compared to last weeks 110 days. Over all homes sold faster and for more money per square foot this week.

 Minot Real Estate activity 12/16/2016

The chart above is the total MLS activity for the week. This includes ALL types of properties as well as all cities in our MLS. The chart below is very restrictive as explained below.

Minot Homes for sale 12/16/2017

Be sure to note the line above as this is a very restrictive report. There were 9 homes sold in this limited category. The most expensive home sold for $345,000. and it was on the market for 245 days. The least expensive home sold for $91,180. and it was on the market for 60 days.  Average days on market for the 9 homes sold was 120 days. Of the homes sold the average price per square foot (total square footage) was $112.43. (compared to $105.93 last week)

This report is updated daily at MinotHome.com

 

BOB TIMM, BROKER ASSOCIATE, ALLIANCE REAL ESTATE - MINOT

1829 S Broadway, Suite 2, Minot North Dakota 58701

Visit my website at www.MinotHome.com

Bob Timm, Realtor | Facebook

Call 701-852-1197 or text 701-720-8513

Comment balloon 10 commentsBob "RealMan" Timm • December 16 2017 02:26PM
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