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Minot Real Estate Report for week ending 02/11/2017

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

Bob Timm, National Marketing Realtors, Minot ND

We had 7 closings this week in our very narrow category of stick-built single family homes within the City limits of Minot (a slight improvement over 5 closings last week). Of the homes that closed this week the average days on market was 131, up from last weeks 116.

 Minot Real Estate activity 02112017

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 on 02112017

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 $318,100. and it was on the market for 83 days. The least expensive home sold for $65,010. and it was on the market for 24 days.  Average days on market for the 7 homes sold was 131. Of the homes sold the average price per square foot (total square footage) was $83.90, a large drop from last weeks $122.41.

This report is updated daily at MinotHome.com

Posted by

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Keep getting your fair share! Thanks for the update! Enjoy your day!

Feb 11, 2017 06:13 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thank you Wayne Martin , I'm fighting for my slice of the pie every day .

Feb 11, 2017 06:16 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Is there still an Air Force base in Minot Bob "RealMan" Timm?

You folks had more closed sales in 1-week than we did in 1-month.

Feb 11, 2017 06:24 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Yes Sir Doug Dawes the Minot Air Force Base is doing well and continues to expand as well as contribute GREATLY to our economy. Come Spring I'm sure the military will move some personal around and that is always a boost to Real Estate sales.

Feb 11, 2017 06:32 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Bob

You've shared a great update on the Minot housing market that should be of interest to buyers and sellers interested in making a purchase or selling their home. NBext step is to call you for expert guidance,

Jeff

Feb 11, 2017 06:49 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I 2nd that thought Jeff Dowler 

Feb 11, 2017 08:53 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Bob - you have done a great job here and buyers and sellers in Minot will see you are the knowledge source.

Feb 11, 2017 09:40 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Grant Schneider hopefully they opt for knowledge over a pretty face. 

Feb 11, 2017 01:11 PM