Click on the link below to view the Coldwell Banker Black Hills Legacy real estate market report for Rapid City and the Black Hills. The Black Hills home market remains very strong and average days on the market is very low. Year over year inventory is running over 23% lower for all areas. Home prices are pacing higher than the same time last year. Right now interest rates remain very low—just a shade above 3% for a 30 year fixed mortgage.
The newsletter also includes information on the pros and cons of buying a house with cash, how long a house should stay on the market, redecorating ideas on a budget, must know tips for finding and decorating with architectural salvage, and more.
As always, if you are looking at buying or selling a home and looking for the best Rapid City Realtor, give me a call at (605) 593-3759 and I will gladly help you.
Click here to read the Real Estate Market Report for July 2021