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Minot Real Estate Report Week Ending 03/31/2018

03/31/2018
This week there were 12 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot. A look at the Red chart below shows there were 27 closings overall to include all properties. Of the homes that closed this week the average days on market was 97 compared to last weeks 155 days. Over all homes sold much faster and for more money per square foot this 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 12 homes sold in this limited category. The most expensive home sold for $398,100. and it was on the market for 42 days. The least expensive home sold for $86,230. and it was on the market for 112 days.  Average days on market for the 12 homes sold was 97 days. Of the homes sold the average price per square foot (total square footage) was $106.58 (compared to $97.48 last week)
This report is updated ... more

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