“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
Home November, 2010 Market Conditions for Rapid...

November, 2010 Market Conditions for Rapid City, South Dakota



 Market Conditions for Rapid City, 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 66 new residential listings in and around the Rapid City area compared to 78 last month. The total # of homes for sale is 393 compared to 416 last month. 47 homes have sold or are under contract compared to 50 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 Codes: 57701, 57702, 57703, 57709

Location Characteristics: Rapid City is located in the beautiful Black Hills of South Dakota. 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. Our city of 72,000 people has alot of big city amenities with a small time feel. Please visit, enjoy, and live here in the tranquil beauty of the Black Hills.

For More Information:
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.




Copyright © 2010 Realty Times. All Rights Reserved.
Posted Friday Dec 03