We backed off of the right direction this week with only 5 closings this week compared to 9 last week in our very narrow category of stick-built single family homes within the City limits of Minot. Of the homes that closed this week the average days on market was 78, about half of the days on market of last weeks 147.
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.
Be sure to note the line above as this is a very restrictive report. There were only 5 homes sold in this limited category. The most expensive home sold for $339,900 and it was on the market for 57 days. The least expensive home sold for $98,000. and it was on the market for 90 days. Average days on market for the 5 homes sold was 78. Of the homes sold the average price per square foot (total square footage) was $107.70. a pretty good jump up from last weeks but almost the same as two weeks ago when we had an average of $107.72.
This report is updated daily at MinotHome.com
1600 2nd Ave SW (The Arrowhead Shopping Center)
Minot North Dakota 58701
Call 701-852-1197 or text 701-720-8513