Sioux Falls just posted a record home sale average, but sellers should read the fine print before adding another zero to their expectations. September’s average sale price reached $456,855, up 19.4% from a year earlier, according to an October 8 report by SiouxFalls.Business citing the Realtor Association of the Sioux Empire. The month included several expensive transactions, including a $6 million estate along South Minnesota Avenue. That makes the record real. It also makes the explanation more interesting than a…
MarketNational
Sioux Falls Just Hit a Home Price Record. The 19.4% Jump Isn’t What It Looks Like.
Sioux Falls just posted a record home sale average, but sellers should read the fine print before adding another zero to their expectations.
