Supply of Homes on the Market

Supply of Homes on the Market

 

 

SUPPLY OF HOMES ON THE MARKET

August 2016 and August 2017

 

    This shows how many months supply of houses are on the market.  These numbers reflect an average length of time a home was on the market before selling.     

                                                                                      

Price Range

August 2016

August 2017

Change

$1,000-$100,000

5.1 Months

2.9 Months

-43.1%

$100,000-$150,000

3.6 Months

2.8 Months

-22.2%

$150,000-$200,000

3.8 Months

2.6 Months

-31.6%

$200,000-$250,000

4.9 Months

3.4 Months

-30.6%

$250,000-$300,000

6.3 Months

3.1 Months

-50.8%

$300,000-$350,000

6.6 Months

4.3 Months

-34.8%

$350,000-$400,000

8.1 Months

7.3 Months

-9.9%

$400,000-$450,000

11.8 Months

9.6 Months

-18.6%

$450,000-$500,000

8.8 Months

6.4 Months

-27.3%

All Price Ranges

 

5.1 Months

3.6 Months

-29.4%

 

If you ever wanted to sell, now would be an excellent time, we would be thrilled to help you discover the value of your home today! 

 

Yes, it is a great time to buy and sell!

The Solus Real Estate Group is here to serve in all of your Real Estate needs.

 Give us a call to see how these low mortgage rates could benefit you!!

 
 

 

 

 

Harlan TenNapel-harlan@solusrealestategroup.com

Mark Youngberg- mark@solusrealestategroup.com

605-336-9600

       

Contact Information

Photo of Solus Real Estate Group Real Estate
Solus Real Estate Group
Ameri/Star Real Estate
5900 S Western Ave
Sioux Falls SD 57108
(605) 274-7273
605-336-9600
Fax: (605) 336-7749

Solus Real Estate Group Specializes in Selling or

Buying Homes and other Real Estate or Property in the Sioux Falls, South Dakota Region.