Days on Market for Buyers and Sellers

Average days on market has been a little bit of an issue in the Black Hills area. We’re seeing 20 more days on market—an increase of over 50% from last year. What does this mean for you?

Sellers can still take advantage of a tailing market because homes are still going for 98% or more of list price. The time to act is now, before things in the market change too much further. Contact us today to get your home on the market while you can still get the most bang for your buck.

Buyers are seeing more of a plateauing market and can pick and choose from an expanded inventory. It’s good to note that we are heading into a very busy winter-AirBNB season, which means that you should take advantage and be looking to diversify your portfolio with more assets that produce cash flow during the winter months.

If you have any questions about the market and how it is shifting, please feel free to reach out and give us a call. We’d love to help!