Bob Timm's "RealMan" Blog

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Minot Real Estate Report Week Ending 01/06/2018

Minot

01/07/2018

This week there were 6 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 11 last week. A look at the Red chart below shows there were 6 closings overall to include all properties. Of the homes that closed this week the average days on market was 209 compared to last weeks 122 days. Over all homes sold MUCH slower and for considerably LESS money per square foot this week.

Minot RE activity 01/06/2018

 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 01/06/2018

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 $410,000. and it was on the market for 578 days. The least expensive home sold for $78,200. and it was on the market for 308 days.  Average days on market for the 6 homes sold was 209 days. Of the homes sold the average price per square foot (total square footage) was $76.28. (compared to $101.57 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 8 commentsBob "RealMan" Timm • January 06 2018 02:00PM

Comments

Good morning Bob. Always interesting to get your market update. Thanks! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 11 months ago

Thank you Wayne Martin . Minot is poised to boom again with the price of oil on the rise.

Posted by Bob "RealMan" Timm, Bob Timm, Project Coordinator for Tivoli Homes (Tivoli Custom Homes) 11 months ago

Always good to be in the loop. Thank you for sharing and best of luck!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) 11 months ago

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 ) 11 months ago

Good Morning Bob "RealMan" Timm,  Another great Saturday report of what is happening up in your area.  Thanks

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 11 months ago

You are welcome Will Hamm . It appears that the oil field is coming back to life here so I'm looking to report some FABULOUS reports this year! 

Posted by Bob "RealMan" Timm, Bob Timm, Project Coordinator for Tivoli Homes (Tivoli Custom Homes) 11 months ago

Happy New Year, Bob "RealMan" Timm and good luck in 2018. Great market report for Minot. Also, hope your weather is okay. 

Posted by Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate) 11 months ago

Thank you Mary Yonkers and best of luck to you too for a prosperous 2018.

Posted by Bob "RealMan" Timm, Bob Timm, Project Coordinator for Tivoli Homes (Tivoli Custom Homes) 11 months ago

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