September 2008 Real Estate Market Statistics Black Hawk, South Dakota in the Black Hills

By
Real Estate Agent with Coldwell Banker - Lewis-Kirkeby-Hall

During the month of September, 2008 there were 30 new residential listings in and around the Black Hawk and Piedmont area compared to 15 last month. The total # of homes for sale is 115 compared to 103 last month. 10 homes have sold or are under contract compared to 30 last month. Avg. price of a single family home in the Black Hills is $173,855, down from $187,325 last month, with an average of 82 days on the market which is up from 80 days last month. Sellers have been receiving 96.74% of their asking price which is down from 97.37% last month.

Black Hawk is located in the beautiful Black Hills of South Dakota just 5 miles west of Rapid City on I-90. 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. Black Hawk is nestled into the pine trees and is a very nice peaceful small community which you will feel right at home in. Please visit, enjoy, and live here in the tranquil beauty of the Black Hills.

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