Are Rapid City Home Prices Going ⏬ Down in 2024?

How did the Rapid City real estate market hold up in the first quarter of 2024?
Certainly with those high interest rates and sellers staying in their homes with a low interest rate, those prices should start coming down right?
Right?
Well - they did for one month...
What should you expect heading into the spring market if you are a buyer or a seller?
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CONTACT INFO:
Tristan Emond
📞 605-391-7086
📧 [e-mail]
🖱 www.rapidhomes...
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I am Tristan Emond a Rapid City, SD Real Estate Agent with The Emond Team, Mindful Living Realty. Schedule a free coffee with easy chat conversation with us for your home buying and selling dreams!
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❤ At The Emond Team, our clients are more than just business. They are family and friends. We do business from our hearts. Looking to buy a home? We’ll find you the one that resonates with YOU - not just a house to live in. It’s where you’ll be creating memories…we want to make sure you always smile when you walk through the door. Looking to sell your home? With our proprietary 6 week online marketing program, we know how to get your home showcased to as many eyeballs as possible…with the utmost care and concern for your situation and property. And we’ll tell you the truth about the market. Not what we think you want to hear.
With over 14 years of real estate experience in the Rapid City and Black Hills area, let our family take care of you. Communication. Experience. With a bit of geek and a smile.
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Mindful Living Realty
4447 South Canyon Road, Suite 1
Rapid City, SD 57702
Mindful Living Realty is an Equal Housing Opportunity provider.

[@ewetoob137]

Omgoodness that's a great shirt! 😁

[@TristanEmond]

🤣🤣 if it don't make you laugh it's no fun.

[@richmyklebust9160]

I'm waiting for the price building materials to go down. We want to build on our property, but not at $300 per sq. ft.

[@TristanEmond]

Oof yes. Glad they came down some from early 2021, but still a bit nuts for sure. Here's hoping for better prices for you soon!