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DECEMBER MARKET REPORT - SIOUX FALLS, SD
 GREAT NEWS FOR SIOUX FALLS!!!  The Realtors Association of the Sioux Empire reported this week that 2007 was a record setting year.  For the past 5 years, Sioux Falls has seen a marked increase in new construction and existing home sales.  Despite the trends facing much of the nation, there doesn't appear to be a downside in Sioux Falls or South Dakota. 
Affordable Housing, Dropping Unemployment Rates, Favorable Business Climate - All are contributing factors making Sioux Falls a GREAT PLACE TO LIVE!
Single Family home sales remain steady in Sioux Falls, South Dakota.  As of December 31, 2007 there were 1090 Active and Pending single family home listings in the city of Sioux Falls, South Dakota.  The median price of active listings was $154,900 and have been on the market an average of 79 days. 
During December 142 Homes were Sold.  The average Listing Price on these was $139,900 with an average Sales Price of $138,900 indicating that sale to list price at 99.3%.  The days on market averaged 56 days.
Further, average price per finished square foot is as follows:  Active Listings = $98.73/sf; Listings Sold = $89.94/sf.
Looking to buy or sell in this Sioux Falls or surrounding area?  For more information, contact me by ... more

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