The housing market continues to be robust in Sioux Falls, even in what is traditionally a slow time of year.
According to the Realtor Association of the Sioux Empire, home prices in Sioux Falls are now up 8.6 percent. The median sales price in the city is now $161,750. Close sales are up almost 15 percent and there were more homes on the market for November than the same time last year.
In the four-county area for December 2012 through November 2013, pending sales in the Sioux Falls region were up 14.6 percent overall. Homes priced $300,000 and above had the biggest gain in sales with an increase of 23.4 percent.