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South Hennepin News

Wednesday, November 6, 2024

Edina home prices rise in December 2019

Realestate077

The median sale price of a home sold in December 2019 in Edina rose by $45,550 while total sales decreased by 32.1%, according to BlockShopper.com.

In December 2019, there were 38 homes sold, with a median sale price of $553,750 - a 9% increase over the $508,200 median sale price for the same period of the previous year. There were 56 homes sold in Edina in December 2018.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.1% of the median home sale price for December 2019.

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

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Minnetonka Beach21100%$1,299,950$770,00068.8%
Spring Park10-$840,000$0-
Medicine Lake10-$738,000$0-
Wayzata8560%$594,800$435,00036.7%
Excelsior21100%$582,500$350,00066.4%
Edina3856-32.1%$553,750$508,2009%
Deephaven7540%$550,000$1,135,000-51.5%
Greenfield3250%$535,000$482,50010.9%
Shorewood914-35.7%$445,000$497,450-10.5%
Minnetrista21210%$437,500$432,0001.3%
Eden Prairie4464-31.3%$394,900$341,70015.6%

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