Proven Realty | Brokered by eXp Realty View Listings
WEEKLY BAKKEN READ
Top 5 Takeaways
From eXpCon 2026
Last week I was in Salt Lake City for eXpcon with thousands of agents and leaders from around the world. I go every year for one reason: to bring back what's working and put it to work for you.
Erik Peterson with fellow panelists on stage at eXpcon 2026 in Salt Lake City
Erik Peterson speaking on stage at eXpcon 2026 A packed session room at eXpcon 2026 Celebrating with the eXp community at an eXpcon 2026 evening event
On stage, in the room, and after hours in Salt Lake City
Here's what stood out:
01
Two Times On Stage
I spoke twice on investing, including the "Winning WITH and AS an Investor" panel. My message: you build wealth one property at a time, and your agent should be able to underwrite a deal, not just unlock the door.
02
eXp Ready: Up to $50K
A new program that lets you borrow up to $50,000 from eXp to rehab your house before you sell. Paint, foundation cracks, flooring, staging. Most homes don't need $50K. Some need a weekend and a dumpster. I'll tell you which.
03
Leo Takes the Reins
Leo Pareja, CEO of eXp Realty, is now CEO of AGNT, eXp's parent company. Founder Glenn Sanford moves to Chairman. His focus is technology, AI and growth, which means more firepower behind your listing.
04
AI Behind Your Listing
The biggest theme of the week. We're using AI where it matters most for you: marketing. Sharper listing copy, targeted ads, faster video. It doesn't replace the relationship. It makes sure every serious buyer sees your home.
05
Experience Wins
The slowest market in roughly 30 years. Realtor ranks are down from 1.6 million to 1.3 million, and team agents are producing 30% to 40% more than solo agents. It's exactly why we built Proven Realty as a team.
In the full post I break down exactly what eXp Ready covers and why a slow market is the best time to have the right team behind you:
Read: My eXpcon 2026 Recap  →
My read: a slow market separates professionals from part-timers. If you're thinking about buying, selling or investing in the next 12 months, text me at (701) 369-3949 and let's talk strategy before you make a move.
Erik Peterson
Erik Peterson
Broker/Owner, Proven Realty brokered by eXp
(701) 369-3949
[email protected]
OCTOBER CONTRACTOR SPECIAL · ENDS OCT 31
Shops now starting at $300,000
Phase 1 is nearing completion, and Schauer Construction is offering special pricing through October. Choose from 1,500 to 2,280 SF, each with 14 foot overhead doors, 16 foot sidewalls, heat and A/C, a 3/4 bath with shower, and a one-year builder warranty.
SCHEDULE A SHOWING   CALL ERIK
313 60TH AVE NW, WILLISTON, ND · OFF HWY 2
SHOWINGS WITH ERIK PETERSON, PROVEN REALTY · 701-369-3949
61
TOTAL UNITS, 3 PHASES
1,500–2,280
SQUARE FEET
11
BUILDINGS ON SITE
Fall '26
PHASE 1 DELIVERY
Shop Condo Special: October only, $300K.

Bakken Real Estate Market Snapshot

WILLISTON
MEDIAN LIST
$475,000
▲ from $470,000
ACTIVE LISTINGS
65
▼ from 68
DAYS ON MARKET
93
▼ from 96
Prices firmed with inventory tightening and homes moving slightly faster.
WATFORD CITY
MEDIAN LIST
$426,000
▼ from $460,000
ACTIVE LISTINGS
27
▼ from 29
DAYS ON MARKET
65
▼ from 69
Prices dropped sharply but inventory tightened and homes are moving faster.
DICKINSON
MEDIAN LIST
$381,000
▼ from $384,900
ACTIVE LISTINGS
80
▲ from 77
DAYS ON MARKET
118
▼ from 126
Prices eased with inventory building, but homes are starting to move faster.
THE TAKEAWAY
Williston firmed up on all three metrics this week. Watford City saw a sharp price drop from $460K to $426K, but inventory tightened and homes are moving faster, which signals buyers are stepping in on the reset. Dickinson eased on price but days on market dropped notably. Across the Bakken, the pattern is clear: fall buyers are responding to right-priced listings. Sellers testing summer-peak numbers are the ones watching October slip away.

We Tried Miller Dough in Williston, ND… Here’s What We Thought!

We may have found Williston’s newest donut obsession.

We stopped by Miller Dough for a full-on taste test, and let’s just say… the donuts did not disappoint!!

North Dakota Events

Oct
14
Wed
McKenzie Health Cancer Center Grand Opening
Tour the new regional cancer care and prevention center, meet the medical team, and enjoy refreshments.
McKenzie Health, Watford City · 3–7 PM · Free
Oct
15
Wed
Ceramic: Sculpt a Ghost or Mummy
A two-part Halloween workshop — hand-build your ghost or mummy Oct 15, then glaze it Oct 22.
Long X Arts Gallery · Oct 15 & 22, 6–8 PM · $45
Oct
17
Sat
Red Rocktober Festival
A fall community festival hosted by Red Rock in Williston.
1801 2nd Ave W, Williston · 2–5 PM
Oct
18
Sun
Cottonwood Forest Pumpkin Patch
Pick pumpkins and play — zip line, corn box, hay bale mountain, and a tire obstacle course.
Cottonwood Forest, Williston · Sat & Sun 12–7 PM · thru Oct 22

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