Minot Real Estate Report , Week ending 05/19/2018

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Home Builder with Tivoli Custom Homes

Minot Real Estate

05/019/2018

This week there were 8 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 24 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was just 80 compared to last weeks 103 days. Over all homes sold faster and for a lot less money per square foot this week.

 Minot Real Estate Activity 05/19/2018

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 8 homes sold in this limited category. The most expensive home sold for $289,900. and it was on the market for 91 days. The least expensive home sold for $21,050. and it was on the market for 37 days.  Average days on market for the 8 homes sold was 80 days. Of the homes sold the average price per square foot (total square footage) was $68.86 (compared to $116.84 last week)

This report is updated daily at MinotHome.com

 

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Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Bob - it look like you will be having a very active Spring. 

May 19, 2018 06:55 AM #1
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is good information to share with families on the move.

Have a lovely weekend.

May 19, 2018 07:34 AM #2
Rainmaker
1,326,657
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

I believe so too Grant Schneider . I'm excited to see my inventory move.

May 19, 2018 09:40 AM #3
Rainmaker
1,326,657
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Thank you Roy Kelley I appreciate your comments.

May 19, 2018 09:41 AM #4
Rainmaker
814,681
Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Great market update - easy for buyers and sellers to see and understand it. 

Good luck with sales! 

May 19, 2018 04:19 PM #5
Rainmaker
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Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Thank you Valeria Mola , I like to keep it simple. Even as a Realtor I see some market reports that are just to much. If a client wants to know more that what I provide they can call for details.

May 19, 2018 04:24 PM #6
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Bob "RealMan" Timm Thank you for taking the time to share this vital real estate information.  This is exactly the type of info buyers and sellers need to make informed decisions.

May 21, 2018 07:22 AM #7
Rainmaker
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Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Thanks Jim Crawford , I try to keep from info overload.  Many people just want a quick snapshot so that's what I go for.

May 21, 2018 08:07 AM #8
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Rainmaker
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Bob "RealMan" Timm

Bob Timm, Project Coordinator for Tivoli Homes
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