Bob Timm's "RealMan" Blog

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Minot Real Estate Report, Week Ending 12/09/2017

Bob Timm, Broker Associate, Alliance Real Estate - Minot

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, compared to 12 last week. A look at the Red chart below shows there were 23 closings overall to include all properties. Of the homes that closed this week the average days on market was 110 compared to last weeks 99 days. Over all homes sold slower but for more money per square foot this week.

 Minot Real Estate Activity 12/09/2017

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 by price

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 $335,000. and it was on the market for 138 days. The least expensive home sold for $166,448. and it was on the market for 57 days.  Average days on market for the 7 homes sold was 110 days. Of the homes sold the average price per square foot (total square footage) was $105.93. (compared to $103.83 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 6 commentsBob "RealMan" Timm • December 09 2017 08:20PM

Comments

Good afternoon Bob - even in the restricted catagory you have an availability in different price ranges.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 6 months ago

Well at least you have some homes to sell, we are still in a very tight inventory

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) 5 months ago

Things are still moving in Minot. Thanks for sharing.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, 914-419-0270, kat@thehousekat.com) 5 months ago

We do Grant Schneider , this is actually a very good time to buy in Minot ND.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 5 months ago

I kind of miss that tight market William Feela . I've always been good at finding listings.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 5 months ago

They are moving Kat Palmiotti and in the right direction too!

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 5 months ago

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