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Minot Real Estate Report, Week Ending 01/07/2017 by Bob Timm

We only had 4 closings this week, a drop the 9 last week in our very narrow category of stick-built single family homes within the City limits of Minot. Of the homes that closed this week the average days on market was 141, a big increase over the 117 days on market last week.
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.
Be sure to note the line above as this is a very restrictive report. There were 4 homes sold in this limited catagory. The most expensive home sold for only $185,435. and it was on the market 165 days. The least expensive home sold for $107,000. and it was on the market for 176 days.  Average days on market for the 4 homes sold was 141 days, a big increase over last week’s 117. Of the homes sold the average price per square foot (total square footage) was $82.31, a sizeable drop over last week which was $102.39.
This report is updated daily at MinotHome.com
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