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 9/15/2023.

Updates are made bi-monthly.

Comments from Tony

Inventories are growing.

All categories of type and price range have more houses today than a month ago. Price changes are increasing and beginning to soften a little in some brackets. There have been fewer sales this past month, and it’s taken a few days longer to sell. Mortgage rates are...

Forecast

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.