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Minot ND Housing Report for the week ending 10/08/2016

By
Services for Real Estate Pros with Ward County Notary Services 607851

Minot's Finest Agents

We had 12 closings this week, a nice increase from the 9 of last week. Of the homes that closed this week the average days on market was 93.5 days (A little poorer than last week’s 89 days but not bad).

 Minot Housing states for 10/08/2016

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 Home Market 10/08/2016

Be sure to note the line above as this is a very restrictive report. There were only 12 homes sold in this limited category. The most expensive home sold for $384,695. and it was on the market for 45 days. The least expensive home sold for $139,900 and it was on the market for 73 days.  Average days on market for the 12 homes sold was 93.5. Of the homes sold the average price per square foot (total square footage) was $107.90. a $2.00 decline per square foot from last week.

This report is updated daily at MinotHome.com

Minot Real Estate Broker

 

Posted by

Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Very nice market update for Minot.  Looks like homes are still very affordable in this area.

Oct 08, 2016 02:43 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

They have dropped in price following the oil bust Belinda Spillman and I think a correction was inevitable anyway but I think if oil picks up again we will see the Minot Home sales market pick back up to.

Oct 08, 2016 07:02 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Bob.  Thanks for the update for the Minot ND real estate market.

Oct 11, 2016 09:18 PM
Bob "RealMan" Timm

You are welcome Gabe Sanders I appreciate your checking it out.

Oct 11, 2016 11:17 PM