Bob Timm's "RealMan" Blog

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Minot Real Estate Report , Week ending 05/19/2018

Minot Real Estate

05/019/2018

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 (an improvement over last weeks 4). A look at the Red chart below shows there were 24 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was just 80 compared to last weeks 103 days. Over all homes sold faster and for a lot less money per square foot this week.

 Minot Real Estate Activity 05/19/2018

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 $289,900. and it was on the market for 91 days. The least expensive home sold for $21,050. and it was on the market for 37 days.  Average days on market for the 8 homes sold was 80 days. Of the homes sold the average price per square foot (total square footage) was $68.86 (compared to $116.84 last week)

This report is updated daily at MinotHome.com

 

BOB TIMM, BROKER ASSOCIATE, ALLIANCE REAL ESTATE - MINOT

1600 2nd Ave SW (The Arrowhead Shopping Center)

 Minot North Dakota 58701

Visit my website at www.MinotHome.com

Visit the Alliance RE wbsite at www.AllianceRE.net

Bob Timm, Realtor | Facebook

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

Comment balloon 8 commentsBob "RealMan" Timm • May 19 2018 01:32PM
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