Minot Real Estate Report Week Ending 06/16/2018

By
Home Builder with Tivoli Custom Homes

Minot Real Estate

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.

 Minot Real Estate Activity 06/16/2018

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.

minothomes for sale

Be sure to note the line above as this is a very restrictive report. There were 14 homes sold in this limited category. The most expensive home sold for $405,000. and it was on the market for 88 days. The least expensive home sold for $25,500. and it was on the market for 9 days.  Average days on market for the 14 homes sold was 75 days. Of the homes sold the average price per square foot (total square footage) was $92.30 (compared to $111.74 last week).

This report is updated daily at MinotHome.com

 

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North Dakota Ward County Minot
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Rainmaker
2,857,174
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Your pricing looks so good to me living in downtown Chicago! Thanks for the update. Enjoy your day!

Jun 16, 2018 06:15 AM #1
Rainmaker
1,359,222
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

It really is a pretty good value here Wayne Martin but locals are somewhat shocked because they remember prices being half of what they are just 10 years ago.

Jun 16, 2018 06:23 AM #2
Rainmaker
2,782,689
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bob,  Always look for your Saturday morning report of what is happening in your area.  Thanks.

 

Jun 16, 2018 10:08 AM #3
Rainmaker
1,462,770
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always appreciate the updates. Thank you for sharing and have a great weekend!

Jun 16, 2018 02:25 PM #4
Rainmaker
1,359,222
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Thank you Will Hamm I really appreciate it.

Jun 16, 2018 03:48 PM #5
Rainmaker
1,359,222
Bob "RealMan" Timm
Tivoli Custom Homes - Minot, ND
Bob Timm, Project Coordinator for Tivoli Homes

Jeremy K. Frost thanks for stopping by and I also hope you have a great weekend as well.

Jun 16, 2018 03:50 PM #6
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Rainmaker
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Bob "RealMan" Timm

Bob Timm, Project Coordinator for Tivoli Homes
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