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Rapid City Market Crash in 2022? | Rapid City Real Estate News 6/7/2022 with Christian Morrison

Jun 20, 2022

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.

Christian Morrison
Keller Williams Realty Black Hills
[email protected]

Originally published at https://www.youtube.com/watch?v=5uAhF5gSAJg

This news story originally appeared at Real Estate - Trend Magazine on 20 June 2022