SD: Rapid City House Sales Fall But Prices Rise

The number of homes sold in the Rapid City area fell for the fourth straight year in 2010, but the average sale price crept up after two years of decline.

Annual indicators released by the Black Hills Association of Realtors show a mixed picture but one that Realtors in many markets still would envy.

“It was level, and that’s actually good news if you contrast it to the national picture,” said Linda Rausch, a broker associate at Prudential Kahler Realtors and president of the Black Hills Association of Realtors.

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Full Story from The Rapid City Journal

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