Quantcast

South Hennepin News

Wednesday, November 6, 2024

Wayzata home prices fall in the fourth quarter of 2019

Re 12

The median sale price of a home sold in the fourth quarter of 2019 in Wayzata fell by $145,000 while total sales increased by 10%, according to BlockShopper.com.

From October through December of 2019, there were 22 homes sold, with a median sale price of $600,000 - a 19.5% decrease over the $745,000 median sale price for the same period of the previous year. There were 20 homes sold in Wayzata in the fourth quarter of 2018.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 1% of the median home sale price for the fourth quarter of 2019.

The following table compares Wayzata 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)
Minnetonka Beach46-33.3%$967,500$1,329,500-27.2%
Orono3342-21.4%$829,000$723,75014.5%
Deephaven2126-19.2%$675,000$1,067,500-36.8%
Medicine Lake21100%$661,500$162,000308.3%
Shorewood2937-21.6%$606,000$439,90037.8%
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%

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