Rapid City and the Black Hills of South Dakota Market Activity - April 23, 2009

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Real Estate Agent

For several years I have been doing this analysis on a weekly basis to determine market conditions.  My full report has more details on it.  It is really helpful to determine what price ranges buyers are looking at.  I also compare activity for this year with the past several years.  If you would like to see a copy of the complete report, or would like for me to help explain how to read this info, just send me a note.  I'd be happy to help!

PRICE RANGE ACTIVE PENDING TOTAL %PENDING 
$1-$79,999 21 14 35 40.00
$80,000-$99,999 40 11 51 21.57
$100,000-$119,999 57 11 68 16.18
$120,000-$139,999 87 35 122 28.69
$140,000-$159,999 101 21 122 17.21
$160,000-$179,999 119 27 146 18.49
$180,000-$199,999 95 21 116 18.10
$200,000-$224,999 69 18 87 20.69
$225,000-$249,999 79 26 105 24.76
$250,000-$274,999 44 15 59 25.42
$275,000-$299,999 38 9 47 19.15
$300,000-$349,999 30 6 36 16.67
$350,000-$399,999 42 5 47 10.64
$400,000-$499,999 31 5 36 13.89
$500,000-$599,999 17 1 18 5.56
$600,000 + 44 5 49 10.20
TOTAL 914 230 1144 20.10

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Location:
South Dakota Pennington County Rapid City
Groups:
Effective Farming
Marketing 101
MIDWEST REALTORS
Small Town Rural Marketing
Tags:
market activity
rapid city
south dakota

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Rainer
165,651
Sharon Senger
Licensed Transaction Coordinator
The British Virtual Assistant

Hi Dave,

Great information.  Another useful statistic is the absorption rate, this always catches sellers attention.

Happy Friday

Sharon

May 29, 2009 09:40 AM
Rainer
165,651
Sharon Senger
Licensed Transaction Coordinator
The British Virtual Assistant

Oops sorry Randy, not sure where I got Dave from :)

Sharon

May 29, 2009 09:41 AM
Anonymous
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Rainer
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Randy Eide

Black Hills, SD
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