Minot Real Estate Report Week Ending 04/21/2018

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Home Builder with Tivoli Custom Homes

Minot Real Estate

04/021/2018

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. A look at the Red chart below shows there were 21 closings overall to include all properties. Of the homes that closed this week the average days on market was just 74 compared to last weeks 171 days. Over all homes sold much faster and for a a lot less money per square foot this week.

 Minot Real Estate sales

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 ND weekly report

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 $575,000. and it was on the market for 30 days. The least expensive home sold for $45,001. and it was on the market for 25 days.  Average days on market for the 9 homes sold was 74 days. Of the homes sold the average price per square foot (total square footage) was $77.45 (compared to $95.54 last week)

This report is updated daily at MinotHome.com

 

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Rainmaker
2,745,913
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Bob and thanks for your Saturday report for your area.  We have snow in Denver, Hope it is sunny up there.

 

Apr 21, 2018 07:26 AM #1
Rainmaker
4,474,085
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Bob "RealMan" Timm buyers and sellers should appreciate the research you've done to prepare this market report.... good information....potential buyers and sellers would be wise to call you for guidance....

Apr 21, 2018 07:35 AM #2
Rainmaker
1,329,808
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Will Hamm yesterday was the 1st day that it's hit 60 degrees since November 2017. I think we had some sunlight but I was so happy with the temp out side I didn't care. Today is looking really good and Sunday may even hit 70.

Apr 21, 2018 07:59 AM #3
Rainmaker
1,329,808
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Thank you Barbara Todaro for those kind words. It used to be that it took most of Saturday morning to write this report but now with several years of preparing it I've got it down to about an hour and a half.

Apr 21, 2018 08:00 AM #4
Ambassador
1,756,709
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great report on Minot Real Estate Bob "RealMan" Timm  Buyers and sellers should contact you when looking to make a move

Apr 21, 2018 02:53 PM #5
Rainmaker
1,329,808
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

I hope they take your advice Hannah Williams as I really like that idea .

Apr 21, 2018 06:08 PM #6
Rainmaker
2,564,127
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Bob.

We recently switched from Matrix to Navica.  We are still in the learning process, most haven't figured out how to do a market report among other things.

Apr 22, 2018 02:52 AM #7
Rainmaker
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Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

I'm not familiar with those James Dray our MLS uses Paragon which I understand is kind of a budget software as far as MLS's are concerned.

Apr 22, 2018 05:08 AM #8
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Bob "RealMan" Timm

Bob Timm, Project Coordinator for Tivoli Homes
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