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Sunday, November 24, 2024

How did home prices perform in Edina during February 2021?

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The median sale price of a home sold in February 2021 in Edina fell by $9,173 while total sales decreased by 72.5%, according to BlockShopper.com.

In February 2021, there were 11 homes sold, with a median sale price of $473,000 - a 1.9% decrease over the $482,173 median sale price for the same period of the previous year. There were 40 homes sold in Edina in February 2020.

The median sales tax in Edina for the most recent year with available data, 2019, was $7,085, approximately 1.5% of the median home sale price for February 2021.

The following table compares Edina to other Hennepin County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Rogers28-75%$1,077,500$397,500171.1%
Independence20-$950,000$0-
Deephaven21100%$712,500$390,00082.7%
Minnetonka1346-71.7%$506,000$429,00017.9%
Excelsior110%$505,000$658,500-23.3%
Edina1140-72.5%$473,000$482,172.50-1.9%
Minnetrista37-57.1%$424,670$485,000-12.4%
Tonka Bay110%$412,000$800,000-48.5%
St. Anthony220%$390,000$430,000-9.3%
Shorewood39-66.7%$390,000$490,000-20.4%
Plymouth1063-84.1%$385,000$361,0006.6%

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