May 2012 Housing Market Statistical Reporting

May 2012 Housing Market Statistical Reporting

June 12, 2012 by

Sioux Falls, SD – June 7th, 2012: A few quick observations: closed sales volumes are flirting with tax credit levels, the number of active listings are back around 2007 counts, sellers have seen a greater share of their list price than the year prior for five consecutive months and prices have enjoyed three consecutive months of year-over-year gains for the median and five consecutive gains for the average.

We’re seeing similar changes taking hold locally in the Twin Cities.  The landscape is definitely shifting and agents are finding multiple offer situations to be commonplace.

–David Arbit, 10k Research & Marketing

Attached are copies of the monthly housing market statistics for the Sioux Falls, Sioux Falls Metro Region and RASE MLS. Similar statistics are available for the following communities on our RASE Member Website

Baltic, Beresford, Brandon, Canton, Dell Rapids, Garretson, Hartford, Harrisburg, Lennox, Luverne Minnesota, Madison, Northwest Iowa, Parker, Pipestone MN, Tea, Valley Spring, Worthing

Sioux Falls, Sioux Falls Metro Region (Minnehaha, Lincoln, Turner, McCook, & Lake Counties) and RASE MLS statistics (Minnehaha, Lincoln, Turner, McCook, Lake & Union Counties) will be available on a monthly basis and uploaded to our Member Website. Any member can access these, or the above mentioned communities, by going to our Member Website and logging in with their user information.

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The REALTOR® Association of the Sioux Empire, Inc. is a non-profit trade association comprised of more than 700 members associated with the real estate industry. RASE promotes homeownership and positive relationships between members and potential home buyers and sellers. RASE has been serving the Sioux Empire since 1920.

Posted in: Sioux Falls Housing Stats

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