Rapid City Real Estate News 6/7/2022 with Christian Morrison
I get questions about the Real Estate market multiple times a day in Rapid City.
I decided to create a weekly show to discuss everything that is happening in the market here locally, and hopefully answer some of your questions!
Feel free to drop a comment on anything else you would like me to cover.
See a list of all new houses on the market here: https://bit.ly/3v8bipz
This weeks numbers:
49 new houses hit the market (med price $340,000)
11 of the new houses currently under contract (have an accepted offer)
43 houses sold (med sold price $389,000, med list price $379,900)
118 Total active houses (med price $389,900)
Average day on market (until offer is accepted) is 10 days
Today’s Interest rates 5.46%
Feel free to reach out to me anytime if you have any questions on the Real Estate side of things.