Duane Hosek

During the month of September, 2009 there were 3 new residential listings in and around the Hill City/Central Hills area. The total # of homes for sale is 53. And 3 homes have sold or were under contract. Avg. price of a home in the Black Hills since last month is $175,139 compared with $186,095 with an average of 76 days on the market compared to 83 last month. Sellers have been receiving 96.79% of their asking price as compared to 96.66% last month.

ZIP Code: 57745

During the month of September, 2009 there were 20 new residential listings in and around the Black Hawk and Piedmont area compared to 13 last month. The total # of homes for sale is 84 compared to 84 last month. 18 homes have sold or are under contract compared to 12 last month. Avg. price of a single family home in the Black Hills is $175,139 down from $186,095 last month, with an average of 76 days on the market which is down from 83 days last month. Sellers have been receiving 96.79% of their asking price which is up from 96.66% last month.

ZIP Code: 57769

During the month of September, 2009 there were 96 new residential listings in and around the Rapid City area as compared to 78 last month. The total # of homes for sale is 443 as compared to 419 last month, which reflects single family homes only. And 58 homes have sold or are under contract as compared to 55 homes last month. Avg. price of a home in the Black Hills is $175,139 as compared to $186,095 last month with an average of 76 days on the market as compared to 83 last month. Sellers have been receiving 96.79% of their asking price as compared to 96.66% last month.

ZIP Codes: 57701, 57702, 57703, 57709

During the month of August, 2009 there were 78 new residential listings in and around the Rapid City area as compared to 84 last month. The total # of homes for sale is 419 as compared to 429 last month, which reflects single family homes only. And 55 homes have sold or are under contract as compared to 54 homes last month. Avg. price of a home in the Black Hills is $186,095 as compared to $172,676 last month with an average of 83 days on the market as compared to 83 last month. Sellers have been receiving 96.66% of their asking price as compared to 97.66% last month.

During the month of August, 2009 there were 13 new residential listings in and around the Black Hawk and Piedmont area compared to 27 last month. The total # of homes for sale is 84 compared to 102 last month. 12 homes have sold or are under contract compared to 8 last month. Avg. price of a single family home in the Black Hills is $186,095 down from $172,676 last month, with an average of 83 days on the market which is down from 83 days last month. Sellers have been receiving 96.66% of their asking price which is down from 97.66% last month.