Rapid City and the Black Hills of South Dakota Market Activity - January 14, 2010

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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 38 6 44 13.64
$80,000-$99,999 32 7 39 17.95
$100,000-$119,999 42 11 53 20.75
$120,000-$139,999 71 16 87 18.39
$140,000-$159,999 99 17 116 14.66
$160,000-$179,999 117 15 132 11.36
$180,000-$199,999 53 13 66 19.70
$200,000-$224,999 56 5 61 8.20
$225,000-$249,999 62 8 70 11.43
$250,000-$274,999 41 5 46 10.87
$275,000-$299,999 48 9 57 15.79
$300,000-$349,999 31 8 39 20.51
$350,000-$399,999 34 10 44 22.73
$400,000-$499,999 42 3 45 6.67
$500,000-$599,999 13 2 15 13.33
$600,000 + 38 2 40 5.00
TOTAL 817 137 954 14.36

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Anonymous
Christopher

Randy,

 

I have been searching for a total sum of homes sold in the rapid city and out lying area for some time now and cant find it.  Your chart is very helpful but wondering if you have done an analisys for all of 2009 and a forecast for 2010.  I am opening an home inspection business based out of Hill city and thus and interestred in the stitisics for my business plan.  any help would be greatly appriciated.

Foundations Home Inspection Inc

Christopher Verbeck

 

Jan 19, 2010 03:09 PM #1
Anonymous
Christopher

Randy,

 

I have been searching for a total sum of homes sold in the rapid city and out lying area for some time now and cant find it.  Your chart is very helpful but wondering if you have done an analisys for all of 2009 and a forecast for 2010.  I am opening an home inspection business based out of Hill city and thus and interestred in the stitisics for my business plan.  any help would be greatly appriciated.

Foundations Home Inspection Inc

Christopher Verbeck

 

Jan 19, 2010 03:09 PM #2
Anonymous
Christopher

Randy,

 

I have been searching for a total sum of homes sold in the rapid city and out lying area for some time now and cant find it.  Your chart is very helpful but wondering if you have done an analisys for all of 2009 and a forecast for 2010.  I am opening an home inspection business based out of Hill city and thus and interestred in the stitisics for my business plan.  any help would be greatly appriciated.

Foundations Home Inspection Inc

Christopher Verbeck

 

Jan 19, 2010 03:09 PM #3
Rainer
65,679
Randy Eide
Rapid City, SD
Black Hills, SD

Christopher,

Give me a call, I'll go over with you what I have.  In the meantime, I'll see if I can find statistics for the past year/years.  And good luck in your new business!

Jan 19, 2010 03:15 PM #4
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Rainer
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Randy Eide

Black Hills, SD
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