rapid city real estate: Rapid City SD Real Estate Stats - February 2012
- 03/21/12 07:34 AM
Rapid City SD Real Estate Stats - February 2012
So what happened in the month of February in Rapid City, SD? Did the buyers continue to scoop up the move in ready homes that were ready to go? Did sellers realize Spring was starting early with awesome temps in March for South Dakota?
Here's a quick look at one of the graphs showing the Rapid City real estate market...
See the rest of the Rapid City Real Estate Market story on my blog.
It's South Dakota. And I went golfing in March in a T-shirt. That is … (0 comments)
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rapid city real estate: Rapid City Real Estate Market Holding Its own in January.
- 02/22/12 08:13 AM
Rapid City real estate market holding its own in January 2012.
Usually, everyone is indoors. It's cold outside. January seems to me to be the coldest month of the year. But this year, with unusually moderate temperatures, I think brought a great start to real estate in Rapid City!
With the average single family home price up from $154,505 in January of 2011 to $195,903 in January this year, you can't complain about too much. (Unless you are a buyer looking for a steal...)
Except the inventory. More good stuff is needed...especially in the $130,000 to $200,000 sweet spot.
Granted, a … (0 comments)
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rapid city real estate: State of the Market Report - Rapid City 2011
- 02/14/12 10:30 AM
The Rapid City Real Estate Market Report for the year 2011
Yes. I know. It’s February. We done gave up on New Years stuff, the awesome and notable happenings for the year, and probably most of our resolutions already. But I wanted to get the report out there on how the Rapid City Real Estate Market fared in 2011.
Good stuff all around, average sold price up, sold residential listings up, days on maket up a bit and active listings way low. Need some more inventory!!
Grab more details on my blog!
It has been a great year for real esate … (0 comments)
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rapid city real estate: Rapid City Real Estate - the market stats for Septmeber 2011
- 11/04/11 09:15 AM
Rapid City continues to hold its own.
Many things remained the same from last month - decreases in number of homes on the market, BUT and increase in number of single family home sales and average sold price on single family homes.
To see the complete breakdown and the struggle of new construction to catch up, take a look at my post: Rapid City Real Estate - market stats for September 2011
Search for Homes near Ellsworth Air Force Base!
We'll see how the activity happens as the Holiday season draws near. (I mean really?? Thanksgiving in … (0 comments)
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rapid city real estate: How are them thar homes selling in Rapid City, South Dakota - August 2011
- 11/03/11 11:18 AM
How did things fair way back in August? End of the summer, families out on vacation, getting ready for school….
(Yes – I know…it’s after Halloween and that was a LONG time ago, but data is forever on this here internet!)
In August, it was an interesting mix of ups and downs...single family homes holding their own while new construction struggling to find its way amid tighter lender regulations and uncertain economic times. (that sounded almost poetic!)
Check out full Rapid City Real Estate Market report on my website!
Never a dull moment,
- Tristan
Prudential Kahler REALTORSRapid … (0 comments)
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rapid city real estate: The fun one - graphs by price - how things sold in Rapid City SD so far in 2011...
- 08/11/11 06:16 AM
The fun one - graphs by price - how things sold in Rapid City SD so far in 2011...
I really like these graphs - they show really quickly and clearly what price ranges are selling the best in Rapid City. As usual, the $125,000 to $200,000 price range takes the prize. What I found was also interesting was the uptick in homes sold over $300,000 in June. 20 units sold compared to the under 10 the previous months.
Enough blabber. Here are the charts!
1st Quarter 2011
2nd Quarter 2011
There we have it!
As … (0 comments)
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rapid city real estate: Rapid City Real Estate - the market stats for July 2011
- 08/11/11 05:48 AM
Rapid City Real Estate Market - for July 2011...
Did things continue to hold during the month of July? We finally had some warm temps, but typically July tends to be the summer doldrums as people are out vacationing and enjoying the few months of summer we have up here. But this year things were more happenin'.
Across the board, we had 21 more units sell than last year (up 2.6%) and a 10% growth of homes under contract.
Things keep rolling in single family homes - number of sold homes up 7.5%...with days on market being slightly longer - … (0 comments)
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rapid city real estate: Rapid City Real Estate Market Report - June 2011
- 08/10/11 12:12 PM
Rapid City Real Estate market report and stats for June 2011:
June was a crazy month! I personally had the best month of my career, closing on 5 properties. Hence, catching up on my market stats has been pushed off until...well, now!
June saw some amazing stats in the Rapid City area. As an office, we filled up our sale and listing boards 3 months in a row...resulting in an office party, of course. Since May was really cold, and we were wondering in April if Spring was ever gonna come, the spring time "let's go buy a home" hit a … (0 comments)
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rapid city real estate: Rapid City Real Estate Market Report - May 2011
- 08/10/11 11:51 AM
Yikes! It's been a busy summer. August and I'm finally catching up on my market report blogs. Oh well - at least the data is getting out there...late as it may be.
Rapid City real estate continues to hummmmmm right along.
In single family homes, we had 9% fewer listings than last year at the same time, BUT sold just 3 units less. There was an increase in days on market from 76 days to 92 days, but it all turned out OK in the long run....average home prices were UP about 4% from last year.
New construction continues to adjust … (0 comments)
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rapid city real estate: Stats for the month of April in Rapid City, South Dakota
- 05/19/11 11:24 AM
Finally - the report is in! Rapid City Real Estate stats for the month of April!
We are seeing some activity! At our company, we have a board to enter listings and one for sales - 30 lines each. We get a party if we fill up both boards in the month. Well, so far we have had 2 parties for the past 2 months, and we are in line to get a 3rd!
Interesting numbers this month...
Across the board, sold residential Rapid City listings are down 7%, and the under contracts are down 32% from last year. As … (0 comments)
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rapid city real estate: Possibilities on this Commercial Land and Building Package near Interstate 90, Rapid City,SD
- 05/09/11 11:04 AM
Lots of Potential! And lots of Possibilities abound for this commercial land and building package just off Deadwood Avenue in Rapid City, South Dakota.
1411, 1441, and 1523 Deadwood AvenueRapid City, SD
Investment - Owner/user - Development
Included on the property:
8.86 total acres
5.82 acres of this land is ready for development
5 total buildings:
1 office (with spaces available for tenants or owner-user) 3 storage buildings 1 building with an office/shop in front and storage units in the back
Light Industrial Zoning.
Located near Interstate 90 along Deadwood Avenue (Rapid City's industrial area). Just south of … (0 comments)
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rapid city real estate: Rapid City real estate Market - stats and graphs for March 2011
- 04/14/11 11:29 AM
Rapid City real estate market - stats and graphs March 2011
What? April already?? Some of you have probably been planting gardens and all sorts of stuff like that. We are having a hard time getting Spring to stick around. Couple inches of snow today. But you don't care about that...on to stats.
Interesting data this month.
In the preowned residential sector, more properties have been sold, but the days on market have been longer. My guess on that is the cold, snowy weather we have been having...not as many people want to jump out and look at houses. … (0 comments)
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rapid city real estate: New Rapid City listing - 3 bedroom starter home with 1 car garage
- 03/10/11 04:35 AM
… (2 comments)
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rapid city real estate: Rapid City real estate market - The stats for February 2011
- 03/09/11 09:56 AM
Rapid City real estate - the market report for February 2011...
It's been cold. And snowy. And everyone is really ready for Spring! Today gave us a breather with a snow melting 40 degree day. But how long is that going to last?? And the Southerners are saying "Why on earth are you living up there??!!"
I complain about the snow, but I certainly can't complain about the market! It seems to be slow as we are still in the deep freeze, but when it lets up with spring like temps for a few days, things get a bit … (0 comments)
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rapid city real estate: New Rapid City listing - Nice little home on large lot with 4+ car garage!
- 11/04/10 10:04 AM
… (0 comments)
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rapid city real estate: September 2010 Rapid City Homes market report - It's in!
- 10/18/10 04:03 PM
September 2010 Rapid City Homes market report - It's in!
Things are lookin' good. Summer ended and everyone got back into their regular schedules. And showings picked up! Lots of homes on the market (almost 200 more than this time last year) matched with just over 20 more homes sold this month versus last year. Fewer under contract, showing the stagnant August month we had.
All in all, things chug right along. Days on market remains about the same, prices continue to edge up, and new construction continues to slowly rebound.
And that's how … (1 comments)
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rapid city real estate: How did Rapid City homes sell in May? Market Stats...now!
- 06/23/10 12:19 PM
How did Rapid City homes sell in May? Market Stats...now!
Yes, I know. Late. It's almost July for goodness sake. I took a commercial real estate course the beginning of the month (CCIM 102), and have since been catching up and keeping up with the new listings and business that has been jumping out of the woodwork. Not that I am complaining - may it continue!!
Excuses aside, here is what we got:
Looks like May treated us pretty well. Residential Real Estate continues to plug away in good ol' Rapid City and the Black Hills. The number of homes sold has increased … (2 comments)
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rapid city real estate: Rapid City Real Estate Market Stats - April 2010
- 05/18/10 11:02 AM
Real Estate Market Stats - April 2010
Spring time has finally hit. With a late snow in May and cloudy and rainy days since, we have been looking for some warm sun! This week looks to show us some warmer temps. It needs to stay dry for more than one day so I can get my back deck painted!
Along with Spring came the buyers. We started out the year with plenty of activity, but as we got into March and the tax credit started winding down, the fence started to empty. The graphs below show the price ranges of … (0 comments)
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rapid city real estate: And here I thought I wasn't gonna have to go to college...
- 10/02/09 05:32 AM
So I have been working on a commercial real estate designation called CCIM - Certified Commercial Investment Member. It is a national designation that covers the analyzing of commercial and investment properties for many different applications. My desire for the designation is to have the knowledge to price Rapid City commercial real estate for sellers and determine what is the best investment for buyers. It is also great to have for the networking and referrals. All kinds of fun stuff such as Internal Rate of Return, Cap Rate, Gross Rent Multipliers, Annual Debt Service, Debt to Credit Ratio and other fun … (0 comments)
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rapid city real estate: Rapid City Market Report - July 2009
- 08/14/09 06:07 AM
July was a great month for me, anyway. I was top sales agent for my company for the month. I was quite surprised at the honor since it takes 2 sales of mine to equal one of some of the more seasoned agents in my office. It's pretty exciting.
The market continues to move right along. Sales are still down from last year, but they are down 17% this month versus 32% last month year to date. (referring to the "total residential" graph) The average sold prices on preowned homes remain stable, and new construction prices are down 8%. All in all, I see things remaining fairly … (2 comments)
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Rapid City SD Real Estate Stats - February 2012
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