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Home > Home Buying > Inventory Challenges Continue! [INFOGRAPHIC]

Inventory Challenges Continue! [INFOGRAPHIC]

housing inventory

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

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Jim Whittaker

Rapid City Real Estate Agent

Jim-Whittaker

Broker Associate

Contact Info

RE/MAX Advantage
1331 W Omaha St Suite 200
Rapid City, SD 57701

Phone Numbers
Direct: 605-858-0775

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