Bob Timm's "RealMan" Blog

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Minot Real Estate Market Report week ending 07/28/2018

07/28/2018

This week there were 7 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot (down from 12 last week). A look at the Red chart below shows there were 22 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 90 compared to last weeks 72 days. Over all homes sold slower but for more money per square foot this week.

 Minot Real Estate activity 07/28/2018

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.

Minot Homes for sale 07/28/2018

Be sure to note the line above as this is a very restrictive report. There were 7 homes sold in this limited category. The most expensive home sold for $610,000. and it was on the market for 49 days. The least expensive home sold for $139,900. and it was on the market for 182 days.  Average days on market for the 7 homes sold was 90 days. Of the homes sold the average price per square foot (total square footage) was $109.38 (compared to $103.60 last week).

This report is updated daily at MinotHome.com

 

BOB TIMM, Project Coordinator for Tivoli Custom Homes- MINOT

Our model home is located at 9 11th Ave NE

 Minot North Dakota 58703

Bob Timm,  Facebook

Call or text 701-720-8513

Comment balloon 4 commentsBob "RealMan" Timm • July 28 2018 03:47PM
Minot Real Estate Market Report week ending 07/28/2018
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