Top Small Teams in South Dakota – Ranked By Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Forrest Thompson TeamRE/MAX AdvantageRapid City, SD$48,540,738View Profile
2Kelly Howie TeamRE/MAX AdvantageRapid City, SD$43,100,450View Profile
3The Yanni Georgas TeamRE/MAX ResultsRapid City, SD$39,992,521View Profile
4Tim Allex TeamKeller WilliamsSioux Falls, SD$37,999,622View Profile
5Stuart Martin TeamRE/MAX ResultsRapid City, SD$37,619,487View Profile
6Matthew Fisher HomesKeller WilliamsSioux Falls, SD$36,361,855View Profile
7InRealty GroupBetter Homes and Gardens Real Estate BeyondSioux Falls, SD$27,640,502View Profile
8Anderson Real EstateKeller WilliamsSioux Falls, SD$26,250,420View 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

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 […]