November, 2010 Market Conditions for Piedmont, South Dakota

Market Conditions for Piedmont, South Dakota Reported by Duane Hosek, REALTOR, ABR, SRES, REALTOR-Associate As of December 3, 2010.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 4 1 2 3 4 5 Falling Rising

During the month of November, 2010 there were 1 new residential listings in and around the Piedmont area compared to 13 last month. The total # of homes for sale is 107 compared to 111 last month. 7 homes have sold or are under contract compared to 4 last month. The average price of a single family home in the Black Hills is $184,893 which is up from $175,018 last month, with an average of 95 days on the market which is up from 83 days last month. Sellers have been receiving 96.44% of their asking price which is down from 97.60% last month.

ZIP Code: 57769

Location Characteristics: Piedmont is located in the beautiful Black Hills of South Dakota just 5 miles west of Rapid City on I-90. We are famous for the Mount Rushmore National Monument and for the millions of pine trees that make the Hills look Black. Crazy Horse Memorial is also being carved into a mountain in this area. Piedmont is nestled into the pine trees and is a very nice, small peaceful community which you will feel right at home in. Please visit, enjoy, and live here in the tranquil beauty of the Black Hills.

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About Duane Hosek:
MLS Listings: Black Hills Board of Realtors
Web Listings: We have over 22 websites.
First of all I am a full time Realtor and you can contact me from 8 am to 10 pm 7 days a week.
Our company, Coldwell Banker - Lewis-Kirkeby-Hall has maintained the title of the #1 Real Estate Company in the Black Hills 35 years in a row! My work ethic is very strong and I will help you through the entire process of buying real estate.

My real estate team and I can provide the following for you:
Provide a counseling session with you to discuss your needs and goals.
Provide you with a copy of the Homebuyer Guidebook.
Offer a pre-qualification or pre-approval appointment with a reputable lender.
Show you properties that meet the criteria you have selected.
Contact you after the closing to follow up on any remaining details or service needs.

There are several other services we offer and will do everything we can to make this process go smoothly and worry-free. Again, I look forward to helping you find your own piece of the Hills.

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