Sioux Falls Housing Statistics & Real Estate Blog

Sioux Falls Housing Statistics & Real Estate Blog

Current Sioux Falls home market conditions, local real estate market statistics, trends and other thoughts by Brandt Williams.

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July 2014 Sioux Falls Housing Market Statistics

July 2014 Sioux Falls Housing Market Statistics

August 07, 2014 by

Although low supply and tight credit standards are still hurdles to recovery, prices continue to rise in most local areas. Job growth has strengthened lately, but wage growth has not kept pace with the price gains we have seen. Buoyed by stable and continuously lower interest rates, affordability is still historically high yet below its all-time peak. Rising inventory levels will lead to more choices for qualified buyers, but as the summer reaches toward fall, the prospect of more homes coming on the market begins to wane. Read More
June 2014 Sioux Falls Housing Market Statistics

June 2014 Sioux Falls Housing Market Statistics

July 09, 2014 by

Housing seemed to have a slow start to the spring selling season, but appearances deceive. Dig into that spring soil and you begin to unearth differences in individual areas and market segments. Inventory is slowly rising in some areas. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. And interest rates are generally lower than a year ago, to the surprise of some and the delight of others. Read More
May 2014 Sioux Falls Housing Market Statistics

May 2014 Sioux Falls Housing Market Statistics

June 09, 2014 by

Some have noted a slight pause in the housing recovery this year. The American Dream of homeownership is alive and well, but it must still contend with market fluctuations. Buyers need homes for sale if they're expected to buy said homes. They also need reliable financing, better jobs and stronger wage growth. The opportunities are out there. Now we need people to take advantage of them. Read More
April 2014 Sioux Falls Housing Market Statistics

April 2014 Sioux Falls Housing Market Statistics

May 30, 2014 by

The public has finally grown used to talk of a real estate market in recovery. With prices going up, people are starting to wonder if a new bubble is forming. Most metropolitan markets are somewhere between recovery and normalization. Supply is still tight but improving in some areas. What housing really needs is further job and wage growth to support healthy demand levels fueled by new household formations.

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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.

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