Top Small Teams in South Dakota – Ranked By Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1Forrest Thompson TeamRE/MAX AdvantageRapid City, SD 159.0View Profile
2Kelly Howie TeamRE/MAX AdvantageRapid City, SD 145.0View Profile
3Matthew Fisher HomesKeller WilliamsSioux Falls, SD 121.7View Profile
4Stuart Martin TeamRE/MAX ResultsRapid City, SD 114.0View Profile
5Tim Allex TeamKeller WilliamsSioux Falls, SD 95.2View Profile
6The Yanni Georgas TeamRE/MAX ResultsRapid City, SD 77.5View Profile
7Anderson Real EstateKeller WilliamsSioux Falls, SD 75.3View Profile
8Brookings Home TeamCENTURY 21 Krogman & CompanyBrookings, SD 74.0View Profile
9InRealty GroupBetter Homes and Gardens Real Estate BeyondSioux Falls, SD 71.0View Profile
10Watson Hennessey GroupKeller WilliamsSpearfish, SD 63.8View Profile
11Shawn and Mandra TeamBerkshire Hathaway HomeServices Midwest RealtySioux Falls, SD 60.0View Profile

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2023 South Dakota Housing Market Summary

South Dakota started 2023 with a total of 1,517 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $219. By the end of the year, inventory had decreased to 1,494 homes on the market (-1%), with a median home price of $395,000 (-1%) and an average price per square foot of $227 (+3%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had remained the same at 91 days.

South Dakota started the year with 21% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 25% of South Dakota homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that South Dakota started 2023 as a seller’s market, with an MAI score of 36; by the end of the year, the MAI had held steady at 36 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

Real Estate News

Opinion: How real estate will come back stronger 

Oct 14, 2024By

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.

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