Bob Timm's "RealMan" Blog

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Minot Real Estate Report week ending 12/16/2017

Bob Timm, Alliance Real Estate

12/16/2017

This week there were 9 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 7 last week. A look at the Red chart below shows there were 19 closings overall to include all properties. Of the homes that closed this week the average days on market was 95 compared to last weeks 110 days. Over all homes sold faster and for more money per square foot this week.

 Minot Real Estate activity 12/16/2016

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 12/16/2017

Be sure to note the line above as this is a very restrictive report. There were 9 homes sold in this limited category. The most expensive home sold for $345,000. and it was on the market for 245 days. The least expensive home sold for $91,180. and it was on the market for 60 days.  Average days on market for the 9 homes sold was 120 days. Of the homes sold the average price per square foot (total square footage) was $112.43. (compared to $105.93 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 10 commentsBob "RealMan" Timm • December 16 2017 02:26PM

Comments

Thanks for sharing your market information...have a wonderful weekend!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) about 1 month ago

Good morning Bob - hope are having a good week.  Thanks for the update the real estate market in Minot ND.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 month ago

Happy Saturday Bob and thanks for sharing your report with us here in the rain.  Hope Santa is going to be good this year for you!

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) about 1 month ago

Thank you Kristin Johnston - REALTOR® , it has been a pretty good week.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) about 1 month ago

It was good Grant Schneider even though I'm still in the moving my office mode. Hope yours was good as well.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) about 1 month ago

Santa is always good to me Will Hamm . Merry Christmas to you and those you love as well.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) about 1 month ago

Bob, thanks for sharing what your market is doing on a weekly basis.

It looks like it is moving in the right direction.

Hope you get a chunk of the business.

Best wishes.

Posted by John Wiley, Lee County, FL Real Estate GRI, SRES,GREEN,PSA (Jones & Co. Realty) about 1 month ago

Very insightful information on your local market. Thank you for sharing!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) about 1 month ago

It's been good to me John Wiley . Business has slowly but steadily been moving up for about 9 months now.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) about 1 month ago

You are welocome Jeremy K. Frost , I really appreciate your stopping by.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) about 1 month ago

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