Reported by Duane Hosek, REALTOR, ABR, SRES, REALTOR-Associate
Updated August 8, 2008.
Current Market Rating: 2
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Current Price Trend: 3
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During the month of July, 2008 there were 102 new residential listings in and around the Rapid City area as compared to 114 last month. The total # of homes for sale is 406 as compared to 376 last month, which reflects single family homes only. And 50 homes have sold or are under contract as compared to 53 homes last month. Avg. price of a home in the Black Hills is $185,359 as compared to $186,288 last month with an average of 76 days on the market as compared to 75 last month. Sellers have been receiving 97.36% of their asking price as compared to 97.36% 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.
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 8am to 10pm 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, Sue Owen and I look forward to helping you find your own piece of the Hills.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
