During the month of December, 2007 there were 10 new residential listings in and around the Black Hawk and Piedmont area compared to 27 in November. The total # of homes for sale is 103 compared to 129 in November. And 27 homes have sold or are under contract compared to 18 in November. Avg. price of a single family home in the Black Hills since the last report is $184,031, down from $190,000 in November, with an average of 90 days on the market which is up from 71 days in November. Sellers have been receiving 96.62% of their asking price which is down from 97.18% in November.
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