SF Invest and Commercial RE

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Sioux Falls South Dakota Real Estate June 2008 Monthly Reports

Information Courtesy of RASE (Realtor Association of the Sioux Empire)

June 2008

New listings down 5.1% from a year ago and down 7.2% from 2 years ago

Pending Sales down 7.4% from a year ago and down 8.6% from 2 years ago

Closed sales down 8.9% from last year and 5.1% from 2 years ago

Average days on market 107 up 20.5 days from last year and 48.2 days from 2 years ago

Median Sales Price $135,000

- Down 6.6% from last year but even with the market from 2 years prior

Average Sales Price $157,945

- down 6.2% from last year but up 1.1% from 2 years ago

Sales price compared to origional list price = 96.3%

- down .6% from the last two years

Mortgage Rate Average 6.9%

Comment balloon 0 commentsJames C. Johnson • July 24 2008 11:39AM

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