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South Hennepin News

Saturday, November 2, 2024

Wayzata home prices rise in August 2020

Realestate5

The median sale price of a home sold in August 2020 in Wayzata rose by $70,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In August 2020, there were two homes sold, with a median sale price of $517,500 - a 15.6% increase over the $447,500 median sale price for the same period of the previous year. There were six homes sold in Wayzata in August 2019.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.5% of the median home sale price for August 2020.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Independence16-83.3%$975,000$586,50066.2%
Medina614-57.1%$692,500$610,52013.4%
Edina35100-65%$660,000$592,50011.4%
Excelsior23-33.3%$632,250$805,500-21.5%
Shorewood721-66.7%$520,000$460,00013%
Wayzata26-66.7%$517,500$447,50015.6%
St. Anthony16-83.3%$490,000$402,00021.9%
Minnetonka2493-74.2%$426,000$335,00027.2%
Plymouth30128-76.6%$415,750$402,5003.3%
Maple Grove49141-65.2%$407,200$325,00025.3%
Minnetrista1524-37.5%$407,000$414,995-1.9%

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