Bob Timm's "RealMan" Blog

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Minot Real Estate Market Report week ending 08/18/2018

08/18/2018

This week there were 8 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot. A look at the Red chart below shows there were 18 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 73 compared to last weeks 63 days. Over all homes sold slower and for less money per square foot this week.

Minot Real Estate activity week ending 08/18/2018

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.

Homes for sale in Minot

Be sure to note the line above as this is a very restrictive report. There were 8 homes sold in this limited category. The most expensive home sold for $248,310. and it was on the market for 72 days. The least expensive home sold for $124,330. and it was on the market for 67 days.  Average days on market for the 8 homes sold was 73 days. Of the homes sold the average price per square foot (total square footage) was $88.21 (compared to $100.79 last week).

 

BOB TIMM, Project Coordinator for Tivoli Custom Homes- MINOT

Our model home is located at 9 11th Ave NE

 Minot North Dakota 58703

Visit my website at www.MinotHome.com

Bob Timm,  Facebook

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

Comment balloon 4 commentsBob "RealMan" Timm • August 18 2018 01:30PM
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