How is the 2019 market doing? I’m a nerd for market data and stats and love to “dig” to give you the exact answers. The data I’m using was taken from the Minot Multiple Listing Service and is for all residential sales of single family homes or condo/townhomes in Minot only – for the period of January 1st 2019 thru January 31st 2019. Whew…now that the disclosure is out of the way, let’s talk about numbers!
Now let’s talk about the houses and prices! These homes are typically on the market an average of 100 days from the date the sign goes in the yard to a new buyer moving in. Still not too bad!
In January, 23 homes were sold with the average price of $205,172. There are currently 212 active listings and 39 pending listings.
On to condos/townhomes….Refer to above disclaimer again! This is for Minot only and from January 1st 2019 - January 31st 2019.
If you’re looking for a deal, according to past statistics, you should be able to negotiate harder on a condo or townhome. Don’t know the difference? Contact me and I would love to explain!
In January, 4 Condo/Townhouses were sold for an average price of $115,725. There are currently 65 condo/townhouses active listings on the market, and 11 pending sales!
Remember, these are all “average” data figures I gave you. If you’re curious about the specific market pertaining to your home – each home is different – and I would love to provide you with a complimentary market analysis. Even if you’re not interested in selling today, sometimes this is just good info to have for your personal balance sheet, if you’re considering refinancing, or even doing home improvement upgrades.