Market Conditions
The following information was obtained through REALTOR® Association of the Sioux Empire, Inc. It does not include private sales outside the system, and reflects all residential activity for the past two weeks ending 10/15/2026.
Updates are made bi-monthly.
Comments from Tony
Inventories are moving up slightly with more homes coming on the market.
Pending sales are down slightly as well, yet prices seem to be holding for most price ranges. Albeit more seller concessions and buyer expectation on pristine condition. All other categories are mostly unchanged including mortgage rates of 7.25% for a 30-year loan.
Forecast
October and early November will see a final push for selling and buying, getting in front of the holiday season.
We might see more new listings and an equal number of sales. Inventories will start to fall by December, prices a little soft. It’s anyone guess on mortgage rates, yet I’ll bet no change for some time. It would be good to end the wars. Prices could fall helping with...
Sioux Falls Real Estate Market Conditions
Numbers include all residential properties, single family, twin-homes, townhomes, and condos.
Total Area Real Estate Market Conditions
Numbers include all residential properties, single family, twin-homes, townhomes, and condos.