News & Insights

KW Newsletter March 2023

KW Newsletter March 2023

You’ll note in the year end 2022 statistics graphic that the number of transactions dropped 29% from 2021, and overall volume was down 12%. This is where statistics can be misleading. Like most businesses, 2021 was an anomaly on many levels.

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KW Newsletter August 2022

KW Newsletter August 2022

As the summer season is coming to close, we’ve had numerous conversations with investors, business owners and regional brokers and the feedback is consistent, fundamentals are trending down from the highs of 2021, but still ahead of pre-pandemic numbers. It’s safe to say that Rapid City’s market is stabilizing but the growth trends are still evident across the board.

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KW Newsletter March 2022

KW Newsletter March 2022

We might sound like a broken record, but Rapid City’s real estate market just continues to break records – record sales, shortest days on market, building permits issued and lowest inventory in recent history. Rapid City is booming.

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