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Minot Real Estate Activity Week Ending 06/17/2017

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

Minot realestate

06/17/2017

 

There were only 4 homes sold in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 8 last week. This is the 2nd week that the number of sales have dropped (at a time they should be booming). Of the homes that closed this week the average days on market was 55, a huge decrease over last week's 112.

 Minot Real Estate picture

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

 

Be sure to note the line above as this is a very restrictive report. There were 4 homes sold in this limited category. The most expensive home sold for $298,700. and it was on the market for 52 days. The least expensive home sold for $113,490. and it was on the market for 43 days.  Average days on market for the 4 homes sold was 55. Of the homes sold the average price per square foot (total square footage) was $96.26 an decrease from last week’s $110.10.

This report is updated daily at MinotHome.com

 

Posted by

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Bob - it is a very imformative market report when you provide your additional context.

Jun 17, 2017 06:25 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. You are certainly on top tof this narrow market niche. Enjoy your day!

Jun 17, 2017 06:29 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thanks Wayne Martin , it is a narrow niche but it's my bread and butter.

Jun 17, 2017 06:35 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thank you for providing your local real estate information today for us to review

Jun 17, 2017 07:25 AM
Bob "RealMan" Timm

You are welcome @Harry. These weekly reports that I force myself to do keeps me focused on my niche.

Jun 17, 2017 12:03 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Narrow is correct....and is the report which your local folks will greatly appreciate !

Jun 17, 2017 08:00 AM
Bob "RealMan" Timm

They do Sally K. & David L. Hanson and I think that is why I've picked up several contractors over the past few years.

Jun 17, 2017 12:04 PM
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

As always, great info and thanks for sharing!

Jun 17, 2017 11:32 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thank you for stopping by Susie Kay I wish oil would pick up again and you and I would be a lot busier.

Jun 17, 2017 12:05 PM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us all posted and up to date. Best of luck!

Jun 17, 2017 12:09 PM