Duane Hosek

During the month of June, 2009 there were 22 new residential listings in and around the Black Hawk and Piedmont area compared to 18 last month. The total # of homes for sale is 68 compared to 98 last month. 8 homes have sold or are under contract compared to 13 last month. Avg. price of a single family home in the Black Hills is $192,293 down from $194,556 last month, with an average of 81 days on the market which is down from 85 days last month. Sellers have been receiving 97.71% of their asking price which is down from 996.51% last month.

During the month of June, 2009 there were 22 new residential listings in and around the Black Hawk and Piedmont area compared to 18 last month. The total # of homes for sale is 68 compared to 98 last month. 8 homes have sold or are under contract compared to 13 last month. Avg. price of a single family home in the Black Hills is $192,293 down from $194,556 last month, with an average of 81 days on the market which is down from 85 days last month. Sellers have been receiving 97.71% of their asking price which is down from 996.51% last month.

During the month of March, 2009 there were 7 new residential listings in and around the Hill City/Central Hills area. The total # of homes for sale is 49. And no homes have sold or were under contract. Avg. price of a home in the Black Hills since last month is $194,556 compared with $182,555 with an average of 85 days on the market compared to 95 last month. Sellers have been receiving 96.51% of their asking price as compared to 95.75% last month.

During the month of May, 2009 there were 104 new residential listings in and around the Rapid City area as compared to 73 last month. The total # of homes for sale is 416 as compared to 359 last month, which reflects single family homes only. And 61 homes have sold or are under contract as compared to 48 homes last month. Avg. price of a home in the Black Hills is $194,556 as compared to $182,555 last month with an average of 85 days on the market as compared to 95 last month. Sellers have been receiving 96.51% of their asking price as compared to 95.75%last month.

During the month of May, 2009 there were 11 new residential listings in and around the Ellsworth AFB/Box Elder area compared to 11 last month. The total # of homes for sale is 65 compared to 74 last month, which reflects single family homes only. And 12 homes have sold or are under contract compared to10 last month. Avg. price of a home in the Black Hills is $194,556 compared with $182,555 last month with an average of 85 days on the market compared to 95 last month. Sellers have been receiving 96.51% of their asking price compared with 95.75% last month.