CENTURY 21 Advantage

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February 2023 Sioux Falls, South Dakota Real Estate Market Update

David Shelton, the broker from Century 21 Advantage, shares the latest community update on the real estate market in Sioux Falls, South Dakota for February 2023. He highlights the significant change in the market, with a 30.7 percent decrease in new listings and a 26.5 percent decrease in closed sales. However, he also notes that the median sales price has increased by 4.8 percent, which is beneficial for those looking to sell their homes.

David emphasizes the importance of being aware of these changes in the market, whether you are a seller or a buyer. He encourages sellers to take advantage of the high demand and put their homes on the market, while buyers can use the resources on Century 21 Advantage's website to search for homes in specific communities or school districts.

Furthermore, David mentions that their service staff can assist buyers in finding their ideal home by helping them narrow down their search criteria. By keeping in touch with the community and staying up to date with the latest market trends, buyers and sellers alike can make informed decisions and achieve successful outcomes in their real estate transactions.