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South Hennepin News

Wednesday, November 6, 2024

Deephaven home prices fall in December 2019

Realestate077

The median sale price of a home sold in December 2019 in Deephaven fell by $585,000 while total sales increased by 40%, according to BlockShopper.com.

In December 2019, there were seven homes sold, with a median sale price of $550,000 - a 51.5% decrease over the $1,135,000 median sale price for the same period of the previous year. There were five homes sold in Deephaven in December 2018.

The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 1.2% of the median home sale price for December 2019.

The following table compares Deephaven 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)
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%
Minnetonka5359-10.2%$392,000$365,0007.4%

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