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South Hennepin News

Wednesday, November 6, 2024

Minnetrista home prices fall in the fourth quarter of 2019

Realestate4

The median sale price of a home sold in the fourth quarter of 2019 in Minnetrista fell by $28,568 while total sales decreased by 25.8%, according to BlockShopper.com.

From October through December of 2019, there were 46 homes sold, with a median sale price of $431,378 - a 6.2% decrease over the $459,946 median sale price for the same period of the previous year. There were 62 homes sold in Minnetrista in the fourth quarter 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 fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Wayzata222010%$600,000$745,000-19.5%
Edina145172-15.7%$565,000$520,6308.5%
Excelsior69-33.3%$550,000$480,00014.6%
Medina2733-18.2%$501,000$615,000-18.5%
Independence1118-38.9%$487,000$457,0006.6%
Minnetrista4662-25.8%$431,378$459,945.50-6.2%
Hanover23-33.3%$429,190$320,00034.1%
Greenfield611-45.5%$400,000$477,500-16.2%
Minnetonka170191-11%$388,000$355,0009.3%
Eden Prairie148224-33.9%$385,000$350,00010%
Long Lake9650%$365,000$307,50018.7%

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