market report: April Showers, Minot Marketing Report 04/17/2019 - 04/16/19 11:03 AM
DISMAL
Nobody likes to be the bearer of bad news but that one word, dismal, is the way to summarize the Minot Area Chamber of Commerce report labeled "Economy at a Glance" released this month (April 2019).
No longer being part of the Minot MLS I could only judge by what I could see around me until I received a copy of this quarters "Economy at a Glance". I recently described our market as sluggish when asked in the Q & A section of the Active Rain Real Estate blogging site. I may have been more accurate to say comatose.
There are a few … (8 comments)

market report: Minot ND Property Report - 04/05/19 08:43 AM
What is the current housing market in Minot North Dakota?
Minot has seen a very turbulent market ever since the oil boom of 2009 and what many people consider the bust of 2015. I myself am eager to see what happens later this spring. Western ND cities like Williston and Watford City have been experiencing crazy growth do to high oil production over the last 12 to 18 months BUT it has not hit here just 100 miles to the East like it did in 2009.
The Google map above is of North Dakota and what I perceive to be the hottest spot in North Dakota … (2 comments)

market report: Minot Real Estate Market Report week ending 08/26/2018 - 08/26/18 02:16 PM
08/26/2018
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 28 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 137 compared to last weeks 73 days. Over all homes sold slower and for less 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 … (0 comments)

market report: Minot Real Estate Market Report week ending 07/14/2018 - 07/14/18 01:29 PM

07/14/2018
This week there were 17 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 in our MLS. Of the homes that closed this week the average days on market was 81 compared to last weeks 65 days. Over all homes sold slower and for slightly 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 … (6 comments)

market report: Minot Real Estate Report Week Ending 06/30/2018 - 06/30/18 06:02 AM

06/30/2018
This week there were 15 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 44 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 62 compared to last weeks 107 days. Over all homes much faster and 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 … (6 comments)

market report: Minot Real Estate Report, Week Ending 06/23/2018 - 06/23/18 06:00 AM

06/23/2018
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 24 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 107 compared to last weeks 75 days. Over all homes much slower and for slightly 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 … (8 comments)

market report: Minot Real Estate Report Week Ending 06/16/2018 - 06/16/18 06:03 AM

06/016/2018
This week there were 14 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 30 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 75 compared to last weeks 110 days. Over all homes much faster and for less 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 … (6 comments)

market report: Minot Real Estate Report, Week ending 06/09/2018 - 06/09/18 06:23 AM

06/09/2018
This week there were 13 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 24 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 110 compared to last weeks 92 days. Over all homes sold slower 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 … (4 comments)

market report: Minot Real Estate Activity week ending 05/26/2018 - 05/26/18 07:00 AM

05/026/2018
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 (an improvement over last weeks 4). A look at the Red chart below shows there were 15 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 98 compared to last weeks 80 days. Over all homes sold slower 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 … (4 comments)

market report: Minot Real Estate Activity Week Ending 05/12/2018 - 05/12/18 05:50 AM

05/012/2018
This week there were 4 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 13 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was just 103 compared to last weeks 92 days. Over all homes sold a little slower and for a 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 … (4 comments)

market report: Minot Condo & Townhouse Report 05/06/2018 - 05/06/18 11:22 AM

What is the difference between a Condo and a Townhouse? The main difference in Minot ND is the Zoning and that a Condo association only has 1 water main feeding the entire property (that is why your water bill is part of the condo fees) and the same applies for City sewer and water.
 
(4 comments)

market report: Minot Real Estate Report, Week Ending 04/07/2018 - 04/07/18 06:13 AM

04/07/2018
This week there were 10 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 15 closings overall to include all properties. Of the homes that closed this week the average days on market was 165 compared to last weeks 97 days. Over all homes sold much slower and for less 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 … (12 comments)

market report: Minot Condo and Townhouse Report 03/25/2018 - 03/24/18 07:06 AM

What is the difference between a Condo and a Townhouse? The main difference in Minot ND is the Zoning and that a Condo association only has 1 water main feeding the entire property (that is why your water bill is part of the condo fees) and the same applies for City sewer and water.
 
 
(6 comments)

market report: Minot Real Estate Report for Week Ending 03/03/2018 - 03/03/18 06:29 AM

03/03/2018
This week there were 13 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 20 closings overall to include all properties. Of the homes that closed this week the average days on market was 158 compared to last weeks 80 days. Over all homes sold incredibly slower 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 … (6 comments)

market report: Minot Real Estate Report Week Ending 02/24/2018 - 02/24/18 05:27 AM

02/24/2018
This week there were 4 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 19 closings overall to include all properties. Of the homes that closed this week the average days on market was 80 compared to last weeks 105 days. Over all homes sold at a faster pace 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 … (2 comments)

market report: Minot Real Estate Report Week Ending 02/02/2018 - 02/03/18 06:12 AM

02/02/2018
This week there were 6 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 19 closings overall to include all properties. Of the homes that closed this week the average days on market was 117 compared to last weeks 143 days. Over all homes sold at a much faster pace and for slightly 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 … (4 comments)

market report: Minot Real Estate Report Week Ending 01/20/2018 - 01/20/18 06:34 AM

01/20/2018
Things are going the right direction again but not on track yet. This week there were 5 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 3 last week. A look at the Red chart below shows there were 14 closings overall to include all properties. Of the homes that closed this week the average days on market was 95 compared to last weeks 149 days. Over all homes sold a much faster and for slightly less money per square foot this week.
 
The chart above is the … (5 comments)

market report: Minot Real Estate Report, Week Ending 01/13/2018 - 01/13/18 07:26 AM

01/13/2018
No sugar coating this report… IT WAS SLOW! This week there were 3 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 6 last week. A look at the Red chart below shows there were 12 closings overall to include all properties. Of the homes that closed this week the average days on market was 149 compared to last weeks 209 days. Over all homes sold a bit faster and for considerably MORE money per square foot this week.
 
The chart above is the total MLS activity for … (4 comments)

market report: Minot Real Estate Report Week Ending 01/06/2018 - 01/06/18 06:00 AM

01/07/2018
This week there were 6 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 11 last week. A look at the Red chart below shows there were 6 closings overall to include all properties. Of the homes that closed this week the average days on market was 209 compared to last weeks 122 days. Over all homes sold MUCH slower and for considerably LESS money per square foot this week.
 The chart above is the total MLS activity for the week. This includes ALL types of properties as … (8 comments)

market report: Minot Real Estate Report week ending 12/16/2017 - 12/16/17 06:26 AM

12/16/2017
This week there were 9 homes sold (closed) in this very narrow category of stick built, single family homes located in the City limits of Minot, compared to 7 last week. A look at the Red chart below shows there were 19 closings overall to include all properties. Of the homes that closed this week the average days on market was 95 compared to last weeks 110 days. Over all homes sold 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 … (10 comments)

 
Bob "RealMan" Timm, Owner of Ward Co. Notary Services, retired Realtor (Ward County Notary Services) Rainmaker large

Bob "RealMan" Timm

Owner of Ward Co. Notary Services, retired Realtor

Minot, ND

More about me…

Ward County Notary Services

Address: Tivoli Custom Homes, 9 11th Ave NE, Minot, ND, 58703

Office: (701) 720-8513

Mobile: (701) 720-8513

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog