Deephaven home prices fall in May 2017

Deephaven home prices fall in May 2017
0Comments

The median sale price of a home sold in May 2017 in Deephaven fell by $61,450 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In May 2017, there were six homes sold, with a median sale price of $328,750 – a 15.7% decrease over the $390,200 median sale price for the same period of the previous year. There were six homes sold in Deephaven in May 2016, as well.

The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 1.9% of the median home sale price for May 2017.

The following table compares Deephaven to other Hennepin County cities with similar median sales prices in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Minnetrista 34 28 21.4% $361,026 $377,830.50 -4.4%
Greenfield 10 3 233.3% $351,500 $177,000 98.6%
Minnetonka 85 106 -19.8% $345,000 $301,500 14.4%
Excelsior 3 1 200% $333,000 $250,000 33.2%
Plymouth 126 159 -20.8% $332,500 $339,000 -1.9%
Deephaven 6 6 0% $328,750 $390,200 -15.7%
Golden Valley 44 48 -8.3% $322,550 $281,500 14.6%
Maple Grove 138 155 -11% $300,250 $279,900 7.3%
Maple Plain 2 2 0% $293,500 $166,750 76%
St. Anthony 8 9 -11.1% $285,200 $310,000 -8%
St. Louis Park 84 113 -25.7% $275,000 $259,000 6.2%


Related

Home vacancies in Minnesota up 0.2 percent in Q1

Home vacancies in Minnesota up 0.2 percent in Q1

Minnesota’s home vacancy rate was 1.1 percent in the first quarter of 2022, an increase of 0.2 percent over the previous quarter, according to a U.S. Census Bureau report.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in the nation throughout 2021 with a rental vacancy rate of 6.6 percent, according to the U.S. Census Bureau.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked fifth in nation with rental vacancy rate of 9% in Q3 2022

Minnesota ranked fifth in the nation in the third quarter with a rental vacancy rate of 9 percent, according to the U.S. Census Bureau.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Minnesota State Wire.