Minot Real Estate Market Report week ending 08/31/2018

By
Services for Real Estate Pros with Ward County Notary Services

This is my final market report as this is my final day as a licensed Realtor. I am going into semi retirement and will no longer have access to MLS market data to make these reports.

08/31/2018

This week there were 20 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 46 closings overall to include all properties in our MLS. Of the homes that closed this week the average days on market was 101 compared to last weeks 73 days. Over all homes much slower but for more money per square foot this week.

 Minot Real Estate 08/31/2018

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 20 homes sold in this limited category. The most expensive home sold for $510,000. and it was on the market for 55 days. The least expensive home sold for $35,000. and it was on the market for 77 days.  Average days on market for the 20 homes sold was 101 days. Of the homes sold the average price per square foot (total square footage) was $105.04 (compared to $88.21 last week).

 

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

Good afternoon Bob "RealMan" Timm - I know you will be fully successful and I will look forward to hearing about your success here in the Rain.

Aug 31, 2018 12:48 PM #1
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Thank you Grant Schneider your confidence in me is very helpful.

Aug 31, 2018 12:52 PM #2
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Bob, lucky you on semi retirement.,  will miss the reports on Saturdays.  Hope you will be here.

Sep 01, 2018 07:22 AM #3
Rainmaker
1,595,156
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I'll be sticking around for sure Will Hamm . I love Active Rain.

Sep 01, 2018 09:11 AM #4
Rainmaker
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Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

Semi-retirement? I didn't see that coming, Bob. Here's wishing you the very best as you transition into a more relaxed lifestyle. 

Sep 03, 2018 08:22 AM #5
Rainmaker
1,595,156
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

More relaxed is exactly my goal Pat Starnes-Front Gate Realty , I want to avoid heart attack number three and enjoy life more.

Sep 03, 2018 09:30 AM #6
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Bob "RealMan" Timm

Owner of Ward Co. Notary Services, retired Realtor
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