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 in our MLS. The chart below is very restrictive as explained below.
Be sure to note the line above as this is a very restrictive report. There were 12 homes sold in this limited category. The most expensive home sold for $344,400. and it was on the market for 96 days. The least expensive home sold for $35,000. and it was on the market for 77 days. Average days on market for the 12 homes sold was 137 days. Of the homes sold the average price per square foot (total square footage) was $101.48 (compared to $88.21 last week).
This will be my FINAL market report as I will be retiring at the end of the month. I appreciate all who have enjoyed these reports and want to say thank you. If you are curious as to what I will be doing just keep checking my blog and other social media posts. Thank you.