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Sioux Falls Home Sales Down, Prices Up

April 7, 2014, 10:24 AM by Angela Kennecke

Sioux Falls Home Sales Down, Prices Up

They're not selling as well or as fast, but the prices on homes in Sioux Falls continued to rise in March.  

Overall, fewer homes were for sale with new home listings in the Sioux Falls region down nearly nine percent to 495 in March. Pending sales of homes were down 37 percent, with just 231 homes selling in the area last month. Closed home sales were down 14 percent from the same time period last year.  

But it's not all bad news for home sellers; the median sales price for a house is up more than two percent to $156,500.

Check out more information on the housing market in the attached PDF below.

March 2014 Housing Numbers.pdf

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