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Buying and selling in a fast-paced Sioux Falls housing market

February 18, 2021
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Buying and selling in a fast-paced Sioux Falls housing market
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SIOUX FALLS, S.D. (KELO) β€” John and Jan Schlueter had their Sioux Falls home sold in about 24 hours.

The quick sale didn’t really surprise them.

β€œNot actually, according to the realtor,” John said.

β€œHe said it would go fast,” Jan said.

According to the Realtor Association of the Sioux Empire (RASE), the sale of previously owned homes has been healthy. From January 2020 through this January, the price of previously owned homes increased by 7.2% to $225,000. Overall, days on the market decreased by 8.2% to 90 days in January.

The Schlueters said their house is in a nice neighborhood, but both of them are nearly 80 and it was time to move into a smaller place.

β€œWe’ve taken very good care of our house,” John said.

Not only did their house sell quickly, it also sold in a slightly unusual way.

β€œAll we know is the people have never been…

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