Sioux Falls Real Estate Market Report

Real Estate Agent with R3 REALTY, LLC

Single Family home sales remain steady in Sioux Falls, South Dakota.  As of November 30, 2007 there were 925 Active single family home listings in the city of Sioux Falls, South Dakota.  The median price of active listings was $216,705 and have been on the market an average of 97 days. 

On November 30th there were 59 Sales Pending with an average price of $154,292 and had been on the market for an average 103 days. 

During November 138 Sales were completed.  The average Listing Price on these was $168,762 with an average Sales Price of $164,840 indicating that sale to list price at 98%.  The days on market averaged 80 days.

Further, average price per finished square foot is as follows:  Active Listings = $110.23/sf; Listings Sold = $90.18/sf.

Looking to buy or sell in this Sioux Falls or surrounding area?  For more information, contact me by phone (605)376-4400, e-mail:, or stop by my website ( to browse.

Rita Narragon, Broker Associate, EXIT Realty Group, Inc. Sioux Falls, South Dakota


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