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
 
This post has been included in South Dakota Real Estate News Pennington County, SD Real Estate News Rapid City, SD Real Estate News
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2 Comments on Rapid City and the Black Hills of South Dakota Market Activity - April 23, 2009

MAY
29
2009
135,816 Points 2 Featured Posts Outside Blog Called Shot Master

Hi Dave,

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

Happy Friday

Sharon
9:40am • #1
135,816 Points 2 Featured Posts Outside Blog Called Shot Master

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

Sharon
9:41am • #2


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Randy Eide, Black Hills, SD

Rapid City, SD

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Address: Rapid City, SD, 57702

Cell Phone: (605) 390-5634

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Real estate in Rapid City, gateway to the Black Hills and only 30 minutes from Mt Rushmore.


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