Market Conditions for Black Hawk, South Dakota as of May 5, 2010

During the month of April, 2010 there were 25 new residential listings in and around the Black Hawk and Piedmont area compared to 37 last month. The total # of homes for sale is 127 compared to 111 last month. 16 homes have sold or are under contract compared to 10 last month. Avg. price of a single family home in the Black Hills is $162,825, down from $188,608 last month, with an average of 84 days on the market which is down from 104 days last month. Sellers have been receiving 97.10% of their asking price which is up from 96.70% last month.