Bob Timm's "RealMan" Blog

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Minot Real Estate Report, Week Ending 12/30/2017

Minot Realtors

12/30/2017

This week there were 11 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 10 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 122 compared to last weeks 121 days. Over all homes sold at about the same pace and for more money per square foot this week.

 Minot Real Estate activity

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.

minothomes for sale 12/30/2017

Be sure to note the line above as this is a very restrictive report. There were 11 homes sold in this limited category. The most expensive home sold for $423,269. and it was on the market for 50 days. The least expensive home sold for $35,000. and it was on the market for 46 days.  Average days on market for the 11 homes sold was 122 days. Of the homes sold the average price per square foot (total square footage) was $101.57. (compared to $77.44 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 9 commentsBob "RealMan" Timm • December 30 2017 02:06PM

Comments

Interesting market report - how much does your sales level cool off when the weather gets really cold? 

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) 7 months ago

Thanks for sharing and I hope you have a happy New Year too!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) 7 months ago

I guess we are really going to find out today Lise Howe because our high temp today is supposed to be -15 and that does NOT include the wind chill .

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 7 months ago

Happy New Year to you as well Kristin Johnston - REALTOR® . I sure appreciate you taking a look every week.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 7 months ago

Good morning Bob "RealMan" Timm - I think people were trying to get closed before the end of the year. 

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 7 months ago

It ended up being a pretty good year Grant Schneider although here it started out really slow.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 7 months ago

I hope you survived today - I watched a very funny movie this evening on Netflix called "Being Canadian" - someone made the point of why did people live in such cold climates - the immigrants could have turned left and gone a few more weeks and ended up in Arizona! It made me think of you too! All the best and Happy New year! 

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) 7 months ago

Your Minot real estate market report is valuable information for home buyers and sellers in your area, Bob.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 7 months ago

I sure hope I'm helping people out Myrl Jeffcoat and it helps me keep up on what our market has to offer.

Posted by Bob "RealMan" Timm, Bob Timm, Broker Associate, Alliance Real Estate (Alliance Real Estate - Minot) 7 months ago

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