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Minot Real Estate Report week ending 03/04/2017

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

Bob Timm, National Marketing Realtors, Minot ND, Real Estate

We had 8 closings this week in our very narrow category of stick-built single family homes within the City limits of Minot which is a nice increase over 3 which is what we have seen each of the last two weeks. Of the homes that closed this week the average days on market was 115, down from last week's 198 (a nice improvement over last week's 198)

 Minot Real Estate activity 03/04/2017

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.

Homes currently for sale in Minot

Be sure to note the line above as this is a very restrictive report. There were 8 homes sold in this limited category. The most expensive home sold for $363,000. and it was on the market for 80 days. The least expensive home sold for $88,157. and it was on the market for 114 days.  Average days on market for the 8 homes sold was 115. Of the homes sold the average price per square foot (total square footage) was $96.31 (a big drop over last week).

This report is updated daily at MinotHome.com

Posted by

Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Thank you for a report about Minot that shows exactly what sngle family homes are for sale and what has sold. Buyers need to contact you as your market seems to be heating up and with rising interest rates on the not so distant horizon they need to take action now.

Mar 04, 2017 06:33 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thank you Nick & Trudy Vandekar I sure hope it's heating up, it's been a long cold winter (pun intended).

Mar 04, 2017 06:36 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

You're off to a big jump on the market, Bob. That's extraordinary, in a market as small as Minot that more than 50% of the number of your listings are pending.

Mar 04, 2017 09:21 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Oil is picking up again here Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents and the new administration is seeing that we can move it with the XL and DAPL pipelines. The last two years of the past administration almost killed all commerce in ND as we are also a big coal State.

Mar 04, 2017 09:25 AM
John Pusa
Glendale, CA

Bob "RealMan" Timm Thanks for the very good latest real estate report for Minot.

Mar 04, 2017 09:52 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

You are welcome John Pusa I appreciate your taking a look.

Mar 04, 2017 11:06 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That's valuable information for buyers and sellers in the Minot real estate market, Bob!

Mar 04, 2017 04:03 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thank you Myrl Jeffcoat , it's also important for me. 

Mar 04, 2017 05:14 PM