March 2023 Hartford, SD Real Estate Market Update | Century 21 Advantage

In his latest update, David Shelton, broker at Century 21 Advantage, provides insights into the March 2023 real estate market in Hartford, South Dakota. Compared to the previous year, there has been a notable increase in new listings by 33.3%, while closed sales have declined by 66%. However, the most significant change is seen in the median sales price, which has surged by a remarkable 221.7%.

Breaking down the numbers, last year saw three new listings and closed sales, while this year, there were four new listings and only one closed sale. The median sales price, based on the one home sold, stands at $700,000, reflecting a 100% price received versus the list price and a swift average of 44 days on the market.

With only nine homes currently for sale in Hartford, South Dakota, and a maximum of 2.1 months' supply of inventory, now is an opportune time for sellers to prepare their homes for sale. For buyers, staying vigilant and working with David Shelton and his team at Century 21 Advantage can help land the perfect home in Hartford.