Top Medium Teams in South Dakota – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Kahler TeamKeller Williams Realty Black HillsRapid City, SD$147,561,712View Profile
    2Christians Team Real EstateKeller Williams Realty Black HillsRapid City, SD$64,793,740View Profile
    3The Tony Ratchford GroupKeller Williams Realty Sioux Falls, SDSioux Falls, SD$58,224,489View Profile
    4Faith Lewis RealtyKeller Williams Realty Black HillsRapid City, SD$48,603,515View Profile
    5Kelly Howie TeamRE/MAX AdvantageRapid City, SD$46,701,672View Profile
    6BB RealtyKeller Williams Realty Sioux Falls, SDSioux Falls, SD$29,906,530View Profile
    7Greg Doohen Realty GroupKeller Williams Realty Sioux Falls, SDSioux Falls, SD$29,491,321View Profile
    8Dave Mettler TeamKeller Williams Realty Sioux Falls, SDSioux Falls, SD$25,286,112View 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.

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    South Dakota News

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    The Real Brokerage enters South Dakota with top-performing team 

    May 25, 2023By

    It’s clear that The Real Brokerage is in growth mode. The firm announced its entrance into South Dakota on Thursday, less than two weeks after announcing the addition of two mega teams. With this launch, Real now has operations in 47 states and four Canadian provinces. The South Dakota operation will be led by Josh […]

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