Quantcast

South Hennepin News

Wednesday, November 6, 2024

Minnetonka Beach home prices rise in 2019

Re 5

The median sale price of a home sold in 2019 in Minnetonka Beach rose by $401,500 while total sales decreased by 47.6%, according to BlockShopper.com.

From January through December of 2019, there were 11 homes sold, with a median sale price of $1,610,000 - a 33.2% increase over the $1,208,500 median sale price for the previous year. There were 21 homes sold in Minnetonka Beach in 2018.

The median sales tax in Minnetonka Beach for the most recent year with available data, 2015, was $14,271, approximately 0.9% of the median home sale price for 2019.

The following table compares Minnetonka Beach to other Hennepin County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Minnetonka Beach1121-47.6%$1,610,000$1,208,50033.2%
Woodland1213-7.7%$1,075,000$1,300,000-17.3%
Greenwood1121-47.6%$960,000$1,020,000-5.9%
Medicine Lake7475%$875,000$273,500219.9%
Orono178211-15.6%$697,000$670,0004%
Deephaven84805%$655,500$675,000-2.9%
Tonka Bay2230-26.7%$635,000$675,000-5.9%
Wayzata7791-15.4%$607,000$720,000-15.7%
Medina122149-18.1%$591,151.50$650,000-9.1%
Spring Park161323.1%$572,450$300,00090.8%
Edina733804-8.8%$555,000$520,0006.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS