Duane Hosek

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.

During the month of May, 2009 there were 18 new residential listings in and around the Black Hawk and Piedmont area compared to 11 last month. The total # of homes for sale is 98 compared to 96 last month. 13 homes have sold or are under contract compared to 13 last month. Avg. price of a single family home in the Black Hills is $194,556, down from $182,500 last month, with an average of 85 days on the market which is up from 95 days last month. Sellers have been receiving 96.51% of their asking price which is down from 97.01% last month.

During the month of May, 2009 there were 18 new residential listings in and around the Black Hawk and Piedmont area compared to 11 last month. The total # of homes for sale is 98 compared to 96 last month. 13 homes have sold or are under contract compared to 13 last month. Avg. price of a single family home in the Black Hills is $194,556, down from $182,500 last month, with an average of 85 days on the market which is up from 95 days last month. Sellers have been receiving 96.51% of their asking price which is down from 97.01% last month.

Rapid City, SD

During the month of March, 2009 there were 73 new residential listings in and around the Rapid City area as compared to 13 last month. The total # of homes for sale is 359 as compared to 381 last month, which reflects single family homes only. And 48 homes have sold or are under contract as compared to 29 homes last month. Avg. price of a home in the Black Hills is $182,555 as compared to $162,488 last month with an average of 95 days on the market as compared to 112 last month. Sellers have been receiving 95.75% of their asking price as compared to 97.01%last month.

Central Black Hills, SD

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 41. And no homes have sold or were under contract. Avg. price of a home in the Black Hills since last month is $182,555 compared with $162,488 with an average of 95 days on the market compared to 112 last month. Sellers have been receiving 95.75% of their asking price as compared to 97.01%last month.