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27321 Adrianna Pl., Tea, SD

Open House: Sat., 1-4 PM

Awesome acreage in a great development just outside of Tea. Minutes from Sioux Falls. Three bedrooms, three baths and a triple attached garage is found in this multiple-level house. Located on a one-acre lot that is fenced, with a composite deck that includes a hot tub. High-end finishes include granite countertops, hardwood floors, solid oak 6 panel doors and solid oak cabinets.

3 Bed | 3 Bath | 1,800-Sq.Ft.

3-Car Attached Garage

$405,000

(605) 759-5109 |

sally@exitisgreat.com

408 HYDEN DR., ALCESTER, SD

3 Beds | 2 Baths | $262,500

Three bedroom, 2 bath custom-built cedar sided home is over 2,200-sq.ft. and is located in a quiet cul-de-sac. Wood-burning fireplace in the living room with built-in bookcases, vaulted ceilings, and a front deck. The master bedroom with a large walk-in closet, the 2nd bedroom, bath, and laundry are all on the first floor. There is a 35 x 15 family room, bath, and 3rd bedroom with egress window in the basement. The attached 2-car garage has access to the basement mudroom. Nicely landscaped oversized lot with mature trees. Garden shed located on the property. $3,000 flooring and paint allowance.

605-231-1867

siouxempire57004@gmail.com

Woody Houser | Agent

LUXURY LISTINGS

25463 473rd Ave., Baltic, SD

Escape to the country, to a home designed to entertain in class. The formal entry meets the formal dining and stunning living room with 18’ ceilings to one side. The other side has the recently renovated kitchen, open to the bar and family room with patio doors to the heated pool and outdoor entertainment area. The upper level primary bedroom has ample space, laundry and a nearby den with fireplace. The main floor has four generous sized bedrooms and a huge laundry room off the mudroom from the 4-stall heated garage. This spectacular, one-of-a-kind property, offers privacy with mature trees and two barns for animal lovers. The main barn was designed by Kentucky architect David Hanes and built to sustain 125 mph winds, has 32 stalls with window openings, two wash bays, a second floor viewing balcony, room for 2nd arena, bathrooms, office, tack room, and much more!

7208 S. Waterstone Cir., Sioux Falls, SD

Location, location, location! Walk in to beautiful maple floors, bathed in light from the celestial windows. The kitchen is exquisite with granite countertops, large island, birch cabinetry and 12’ ceilings. The living room features a fireplace, walk-out patio doors and bedroom/office with built-in cabinetry. In the basement, there is a room with a bar that is perfect for entertaining. Three bedrooms are located upstairs, with the primary featuring a Whirlpool tub, large walk-in closet and double vanities. The 3-stall garage is heated, with water hook ups, drain and epoxy floors.

605.929.4093

5 Bed | 4 Bath | 2 Barns | $5,000,000

4 Bed | 3 Bath | 3,446-Sq.Ft. | $689,900

712 E. 6TH ST., DELL RAPIDS, SD

Spacious 2-story home with 4 bedrooms, 2 baths, hardwood floors on main floor, tall ceilings, wide woodwork, bay window, and main floor laundry. New roof in 2015, new water heater in 2021, updated electric panel with breakers, all Pex water supply lines, floor insulated under main floor bedroom and kitchen. Large 22 x 40 garage, 12 x 16 storage shed in backyard, private backyard area and covered side porch with newer decking.

The perfect spot for a builder to build a home. Close to 20 acres, beautiful rolling hills and gorgeous trees overlooking the Palisades state park. You’ll love the beautiful little creek that runs between the two parcels. Wild game will enhance that country setting, as well as the song birds that follow the gulch. This property is just minutes from Brandon. You can purchase 20 arcres, with one building eligibility! The gulch, trees, and horses are across the road. You’re sure to enjoy the beautiful colors of every season; you’ll never want to leave home!

Todd Nelson // Broker // toddnelsonrealtor.com // todd@toddnelsonrealtor.com

NEW LISTING!

horses with fence around entire property and pens set up. Newer roof. Home has two mini splits to maximize energy efficiency. Property has private well. Kingbrook rural water is available with $100 app fee and $1,500 hook up charge to the system.

with large walk-in closets and in-floor heat on upper level. Hickory trim and 3 panel hickory doors throughout. 9000 watt generator hooked up to home. Water and sewer on 3 of the 4 lots which provides plenty of room for expansion. Forty feet of beached shoreline to enjoy those summer sunsets with a bonfire and making memories with your family. Sale includes more than 60 feet of dock. (2) 110 amp outlets and (2) 220 amp outlets for campers on the property. Back two lots have a metal storage/workshop building with propane heat and another oversized double garage.

ROLLING HILL DR., RUNNING WATER, SD - $55,000 & $65,000

ONLY TWO LOTS LEFT! Own your own slice of heaven near the village of Running Water. Beautiful Missouri River views with public access nearby. If you are a hunting enthusiast there are public hunting grounds close by filled with deer, turkey and waterfowl.

Looking for a peaceful setting with wonderful wildlife habitat and cover for deer and pheasants? Look no further than this 24.96-acre parcel with building eligibility. Only 30 minutes from Sioux Falls and includes pasture land, shelter belts, creek and 6 +/- tillable acres. Must see the layout of this property to appreciate its beauty. Part of parcel in the flood plain because of the creek running through pastureland. Big Sioux Rural Water, Sioux Valley Electric and Goldenwest Communications all available at the site.

*Detached garage not included

3625 E. BREWSTER ST.

Sioux Falls, SD • 4 Bed • 3 Bath • $410,000

Four bedrooms, 3 bathrooms, 3-stall garage with main floor and basement laundry. Recent 2020 new build. The must-haves: laundry and 3 bedrooms on the main floor! Primary suite boasts a walk-in closet and walk-in tiled shower. Finishes include stainless steel appliances, luxury vinyl plank, tile, carpet, and custom cabinets. Walking distance to Harrisburg Horizon Elementary School and Great Life Fitness Center.

1815 N. OBERG CIRCLE

Sioux Falls, SD • 2 Bed • 1 Bath • $260,000

Twinhome on a brand new paved cul-de-sac - 2 bedrooms, 1 bath. Attached 2-stall garage. Landscape rock and grass included. Unfinished daylight basement with potential of 2 bedrooms and 1 bathroom. Luxury vinyl plank, carpet, and custom cabinets. Black appliances. Comfortable back deck to relax on shaded by mature trees. Brand new cul-de-sac with all new homes. Neighborhood boasts mature trees and river-bottom with wildlife. Broker is related to seller.

Jake Prins

605.520.2524

LOTS IN BRANDON AND TEA AVAILABLE FOR BUILT-TO-SUIT OPPORTUNITIES!

This zero entry 1,357-sq.ft., 3 bedroom, 2 bath home features easy living and design sure to please. Large inviting entrance with high ceilings and accents throughout. Painted cabinets, granite countertops and kitchen back splash tile accents with eat-in island. There is plenty of room in the master suite which includes walk-in shower, heated tile floors and large walk-in closet. Oversized 3 stall heated garage. Mechanical room doubles as a storm shelter with 8” thick fully reinforced concrete walls poured with 4’ footings below and double doors for worry-free storm protection. Covered front patio for sitting as well as a larger outdoor concrete patio in back with overhead cedar pergola. Located in Boulder Addition in Tea just South of new Hy-Vee.

This zero entry 1,543-sq.ft., 3 bedroom, 2 bath plan features easy living and design sure to please. High inviting entrance with always warm in-floor heat throughout entire home. Quartz countertops and kitchen backsplash tile accents with eat-in island. There is plenty of room in the master suite which includes walk-in tiled shower with large walk-in closet. Oversized 3-stall heated garage. Mechanical room doubles as a storm shelter with 8” thick fully reinforced concrete walls poured with 4’ footings below and double doors for worry-free storm protection. Large covered front and back patios for sitting. Located in Boulder Addition in Tea just south of new Hy-Vee.

500 S. QUARTZITE AVE. TEA, SD • $435,000

Sally Solum 605-759-5109

Exit Realty - Great Plains

7312 E. Twin Pines Ct. - $805,000 5 Beds, 3 Baths 605-336-2121

Century 21 Advantage

SATURDAY - 2:00 - 3:30 PM

408 W. Wildcat Dr. - $775,000 5 Beds, 3 Baths 605-336-2121

Century 21 Advantage

SIOUX FALLS

OPEN HOUSE: SUNDAY 1:00-2:30 PM

This is a beautiful 5 bedroom, 4 bathroom home. Includes main floor 1/2 bath and laundry room. Kitchen and dining area have LVP flooring, cupboard space galore, and a slider glass door to a paver patio, hot tub, huge backyard, privacy fence, and corner lot. The living room has a gas fireplace, bay window, shiplap wall, vaulted ceilings, and the entry way is large, tiled, and has a generous sized coat closet. Large master bedroom has master ensuite 3/4 bath and walk-in closet. Three bedrooms on the same level along with a second tiled full bath. The lower level has a family room with garden level windows, another 2 bedrooms, and full bathroom. There is also a second family room with a bar, and egress window. It boasts another storage room separate from the mechanical room. The 3-stall garage completes this fantastic home and includes a gas heater, water drain, and hot/cold water. 2020 roof!

117 W. Elm St., Brandon, SD | $499,900

KRISTEN

Chief Executive Officer

RASE 2023 HOUSING MARKET STATISTICAL REPORTING

The U.S. housing market began the year in a state of rebalance, with many buyers and sellers remaining cautious while they wait to see where the market is headed. Nationally, pending sales rose 2.5% month-to-month, marking the first increase since May, while sales of existing homes fell 1.5% as of last measure, according to the National Association of REALTORS® (NAR). Demand for housing persists, but higher mortgage interest rates have cut into housing affordability, with total home sales down 17.8% last year compared to 2021.

New Listings in the Sioux Falls region increased 9.5 percent to 393. Pending Sales were up 3.2 percent to 288. Inventory levels rose 1.0 percent to 945 units.

Prices continued to gain traction. The Median Sales Price increased 3.1 percent to $278,500. Days on Market was down 12.5 percent to 77 days. Buyers felt empowered as Months Supply of Homes for Sale was up 20.0 percent to 2.4 months.

As sales slow, time on market is increasing, with the average home spending 26 days on market as of last measure, according to the NAR. Seller concessions have made a comeback, giving buyers more time and negotiating power when shopping for a home. Although home prices remain high, mortgage rates declined steadily throughout January, falling to their lowest level since September, sparking a recent surge in mortgage demand. Lower rates should aid in affordability and may soon lead to an uptick in market activity ahead of the spring selling season.

For the first time in a year, homebuilder confidence has increased, rising 4 points to 35 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Elevated sales prices, coupled with a surge in mortgage rates, caused demand for new homes to plummet in 2022, with builder sentiment declining throughout the year. The recent rise in builder optimism may be due in part to new home sales, which increased 2.3% month-to-month as of last measure, according to the U.S. Census Bureau. For the 12-month period spanning February 2022 through January 2023, Pending Sales in the Sioux Falls region were down 15.0 percent overall. The price range with the largest gain in sales was the $800K to $900K range, where they increased 85.7 percent.

The overall Median Sales Price was up 13.8 percent to $295,950. The construction type with the largest price gain was the New Construction segment, where prices increased 18.0 percent to $350,000. The price range that tended to sell the quickest was the $200K to $250K range at 63 days; the price range that tended to sell the slowest was the $1M and Above range at 98 days.

Market-wide, inventory levels were up 1.0 percent. The construction type that gained the most inventory was the New Construction segment, where it increased 14.8 percent. That amounts to 2.3 months supply for Single-Family homes and 3.0 months supply for Condos.

GULSON

12-MONTH PERIOD SPANNING 3/2021 THROUGH 2/2022

604 Brannon Dr., Harrisburg, SD - $639,900

Quality built 6 bedroom, 3 bath garden level ranch with oversized heated triple garage. Open floor plan with vault ceilings in the kitchen/living/dining area. Kitchen features quartz tops, backsplash, custom hickory cabinets, gray stainless appliances and corner pantry. Gorgeous floor-to-ceiling stone Mendota fireplace in living room. The dining area has a slider to covered patio, privacy fenced backyard and sprinkler system front and back. Primary suite includes walk-in closet, double vanity and tiled shower. Spacious family room in the basement with wet bar that has hidden door that leads to utility room and 8 x 12 concrete storm shelter or safe. Both 2nd and 3rd baths have Whirlpool tubs with tiled surrounds. For your convenience, the main floor laundry is near the bedrooms with a second hook up in the basement. To help with the energy bills, you will find an energy-efficient furnace, on-demand water heater and spray foam used throughout the house and garage.

Todd Nelson // Broker // 605.321.9147 toddnelsonrealtor.com // todd@toddnelsonrealtor.com