The Sioux Falls market saw an increase in home sales and a drop in prices in November.

Home sales took a fairly significant drop in October in Sioux Falls, falling 16 percent compared with the same time last year.

The average house in Sioux Falls sold five days faster and for $9,000 more in August compared with the same time last year.

More new homes were put on the market in Sioux Falls in July, but not enough to boost sales or inventory growth compared with last year.

Home sales are slowing across the country, including a bit in the Sioux Falls area.

In a continued tight housing market, sellers received 99.9 percent of their original list price in May.

It’s definitely a seller’s market in Sioux Falls.