Tony Ratchford

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 3/15/2023.

Updates are made bi-monthly.

Comments from Tony

Forecast

Spring market is here.

We will see more new construction and existing homes hit the market within the next few weeks. There is still a strong demand for homes. Buyers are looking for lender creativity but will be happy with 5% loans. Inflation is not going away; home values will rise all...

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.