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South Hennepin News

Tuesday, November 5, 2024

Minnetrista home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Minnetrista fell by $1,750 while total sales decreased by 18.3%, according to BlockShopper.com.

From July through December of 2019, there were 103 homes sold, with a median sale price of $415,000 - a 0.4% decrease over the $416,750 median sale price for the same period of the previous year. There were 126 homes sold in Minnetrista in the second half of 2018.

The median sales tax in Minnetrista for the most recent year with available data, 2015, was $3,747, approximately 0.9% of the median home sale price for the second half of 2019.

The following table compares Minnetrista to other Hennepin County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Medina6569-5.8%$573,015$615,000-6.8%
Spring Park12933.3%$572,450$371,50054.1%
Tonka Bay1020-50%$484,500$665,000-27.1%
Independence2736-25%$469,500$499,000-5.9%
Shorewood6683-20.5%$456,300$450,0001.4%
Minnetrista103126-18.3%$415,000$416,750-0.4%
Minnetonka4174170%$390,000$368,0006%
Eden Prairie435528-17.6%$386,000$362,7506.4%
Plymouth5895890%$381,265$357,0006.8%
Long Lake231464.3%$365,000$337,7508.1%
Dayton3536-2.8%$350,000$286,82522%

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