Minot ND Housing Report for the week ending 10/30/2016

By
Services for Real Estate Pros with Ward County Notary Services

Minot Realtors

Minot area real estate activity 10/30/2016

We only had 6 closings this week (less than half of 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 85, a very nice improvement over last week’s 118 days. I omitted one sale in this report because it was a unrestored flood home that sold for $37,900 ($19.38 per square foot) after 269 days on market.

 

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.

 Homes for sale in Minot

Be sure to note the line above as this is a very restrictive report. There were only 6 homes sold in this limited category, a big decline over last week’s 16. The most expensive home sold for $308,223. and it was on the market for 52 days. The least expensive home sold for $154,900 and it was on the market for 78 days.  Average days on market for the 6 homes sold was 85. Of the homes sold the average price per square foot (total square footage) was $98.63, a pretty big drop from $105.37 last week and a continuation of an over-all downward slide.

This report is updated daily at MinotHome.com

Bob Timm, Realtor

Posted by

WARD COUNTY NOTARY SERVICES

ROBERT L. TIMM, OWNER

201 Main Street South, Suite 116

 Minot North Dakota 58701

Bob Timm,  Facebook

Call or text 701-720-8513

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Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bob

Thanks for sharing the weeky real estate market update for Minot North Dakota.

Good luck and success.

Lou Ludwig

Oct 29, 2016 01:03 PM #1
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

You are welcome Lou Ludwig I really appreciate your stopping by.

Oct 30, 2016 01:47 AM #2
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Rainmaker
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Bob "RealMan" Timm

Owner of Ward Co. Notary Services, retired Realtor
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