Reported by Duane Hosek, REALTOR, ABR, SRES, REALTOR-Associate
Updated February 2, 2012.
Current Market Rating: 2
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Current Price Trend: 3
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The average price of a single family home sold in the Rapid City area is $193,322 which is up from $163,533, with an average of 75 days on the market, down from 81 days this time last year. Sellers have been receiving 93.14% of current listing price which is down from 97.15% in January 2012. During the month of January 2012 there were 69 new residential listings in Rapid City. The total number of homes for sale was 286 as compared to 295 last month. 40 homes have sold compared to 44 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 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.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
