Proven Realty | Brokered by eXp Realty View Listings
WEEKLY BAKKEN READ
3 Pricing Rules
I'm giving every seller this fall
Why 45% of Williston listings cut price, and how to skip that step
45% of Williston listings have cut their price this fall, and the homes selling fastest are the ones priced right on day one.
Here are the three rules I am giving every seller I talk to:
01
Price Off Sales
Price off what sold in the last 90 days, not what's listed. Active listings sit at a $475,000 median, but new ones are arriving at $395,000, and those are the homes going pending.
02
Win First Two Weeks
Win your first two weeks. That is when your listing gets the most attention, and homes that miss it are averaging 97 days on market.
03
Winter Works
Do not fear a winter listing. Fewer showings, but more serious buyers, so a November listing works if the price is right.
In the full post I break down why a price cut costs you far more than the reduction itself, and how 7% rates split Williston into two markets by price:
Read: The Two Williston Markets  →
Want to know what homes like yours actually sold for? Text me at (701) 369-3949 and I will send your neighborhood's last 90 days of sales.
Erik Peterson
Erik Peterson
Broker/Owner, Proven Realty brokered by eXp
(701) 369-3949
[email protected]

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Bakken Real Estate Market Snapshot

WILLISTON
MEDIAN LIST
$475,000
▲ from $460,000
ACTIVE LISTINGS
65
▼ from 69
DAYS ON MARKET
97
▲ from 90
Prices climbed and inventory tightened but homes are taking longer to move.
WATFORD CITY
MEDIAN LIST
$470,000
▲ from $466,640
ACTIVE LISTINGS
27
▼ from 29
DAYS ON MARKET
69
▲ from 67
Prices firmed with inventory tightening. Homes are moving slightly slower.
DICKINSON
MEDIAN LIST
$369,450
▼ from $375,000
ACTIVE LISTINGS
82
▲ from 80
DAYS ON MARKET
120
▼ from 121
Prices continued to drift lower with inventory building. Still the slowest Bakken market.
THE TAKEAWAY
Williston and Watford City both firmed on price as inventory tightened this week. Dickinson keeps drifting lower. Days on market are stretching across the Bakken, which tells us fall buyers are being deliberate. What we're seeing on the ground: right-priced listings are still closing. Everyone else is watching September wrap up.

North Dakota Events

Oct
01
Thu
Where Can Music Take You?
Irish composer and violinist Emer Kinsella performs and shares her path from classical violin to scoring film and TV.
WSC Stevens Hall, Williston · 5:30–8:30 PM · $15, students free
Oct
02
Fri
Badlands Gymnastics Open Gym
Every-Friday open gym for kids at the Rough Rider Center, with morning and evening sessions.
Rough Rider Center · Fri 10–11 AM & 6–7 PM · $10 ($5 sibling)
Oct
03
Sat
Pumpkin Pickin’ Palooza
Four weekends of fall fun at the Ag Expo with a pumpkin patch, kids activities, and photo ops.
McKenzie County Ag Expo · Weekends in Oct · Opens Oct 3
Oct
05
Mon
Williston Restaurant Week
Two weeks of special menus and deals at restaurants across Williston.
Citywide, Williston · Oct 5–19

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