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Minot Real Estate Report Week ending 04/08/2017

04/08/2017
 
We had a slight drop from last week's sales. We had 9 closings this week compared to 11 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 166, a slight increase of the days on market of last weeks 159.
 
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 9 homes sold in this limited category. The most expensive home sold for $318,000 and it was on the market for 203 days. The least expensive home sold for $18,900. and it was on the market for 57 days BUT I did not figure this home in on any of the factors above because it was a flood home.  Average days on market for the 9 homes sold was 166. Of the homes sold the average price per square foot (total square footage) was $104.93.
This report is updated daily at MinotHome.com
 
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