Enjoy this Sioux Falls Real Estate Market Report for this month. You can also do a home search and save your favorite properties. Set up a search and be alerted as soon as a matching property hits our database. It’s Exclusive.
Sioux Falls Housing Market Sees Strong Inventory
At the end of the month, there were 738 homes listed with no offer. The inventory trend continues with 2.6 months of inventory available for potential home buyers. This number is down from December of last year when the inventory supply was 3.1 months. For the real estate market to be considered balanced, there must be a 6-month supply of inventory. Still, there is a light ahead when we consider that last year’s new listings for December were 140, while this December they increased 15.7% to 162.
December had a total of 249 condominiums and single-family homes sell. When you compare last year’s 234 homes sold during the month of December, you’ll see an increase in sales of 6.4%. The median price range of homes sold in Sioux Falls during the month of December was $195,000. Read More
Market Reports from 2018
Market Reports from 2017
|March 2017||July 2017|
|August 2017||September 2017|
|October 2017||November 2017|
Sioux Falls Homes by Price
Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.
Here’s the most recent home listings just added to the database in the average price range for Sioux Falls. All homes here are priced at $189,900 or less.