We often hear homeowners ask, “What’s happening in the Rapid City real estate market, and should we wait to put our home on the market?” The answer to that depends on your situation, but today we want to update you on the market so you can make an informed decision.
The average sales price is up by $47,000 compared to this time last year, and the average contract price is up by $40,000. The average days on market is down to 16 days from 30. Think about how much more you’re getting for your home now and how quickly you’ll get it. It’s amazing!
If you have any questions about if you should put your home on the market, feel free to reach out to us by phone or email. We look forward to hearing from you.