Here’s an inside look at the Sioux Falls real estate market statistics for March 2017. March completes the first quarter of real estate in Sioux Falls. Sellers are in a good position as real estate trends continue to improve in the right direction. Interest rates have risen slightly, however they still remain at an all time low. Sioux Falls did experience a decrease in new listings for the month of March. But, pending house sales are up which speaks well across the market. Home prices continue to steadily increase as the economy and growth strengthens within the community and nationwide.

🏚️A Look at the Housing Stats

New Listings – 597 | Down 13.6%
Pending Sales – 534 | Up 78.6 %
Closed Sales – 364 | Up 22.6%
Days on Market until Sale – 92 | Down 8.0%
Medium Sales Price – $185,000 | Up 10.1%
Average Sales Price – $208,569 | Up 6.3%
Percent of Original List Price Received – 99.0% | Up 0.4%

 

 

Summary
Article Name
Sioux Falls Real Estate Market Report - March [2017]
Description
Here's an inside look at the Sioux Falls real estate market statistics for March 2017. March completes the first quarter of real estate in Sioux Falls. Sellers are in a good position as real estate trends continue to improve in the right direction.
Author
Publisher Name
RL Real Estate Group
Publisher Logo
Facebooktwitterpinterestlinkedin
View All Sioux Falls Real Estate Market Report Posts

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.