The median sale price of a home sold in the first quarter of 2017 in Deephaven fell by $316,500 while total sales increased by 20%, according to BlockShopper.com.
From January through March of 2017, there were six homes sold, with a median sale price of $458,500 – a 40.8% decrease over the $775,000 median sale price for the same period of the previous year. There were five homes sold in Deephaven in the first quarter of 2016.
The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 1.4% of the median home sale price for the first quarter of 2017.
The following table compares Deephaven to other Hennepin County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. – Mar. 2017 Home Sales | Jan. – Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2017 Median Sales Price | Jan. – Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wayzata | 14 | 27 | -48.1% | $551,622.50 | $485,000 | 13.7% |
| Edina | 138 | 139 | -0.7% | $499,000 | $447,500 | 11.5% |
| Shorewood | 29 | 31 | -6.5% | $497,500 | $365,000 | 36.3% |
| Excelsior | 11 | 10 | 10% | $495,000 | $315,900 | 56.7% |
| Tonka Bay | 6 | 3 | 100% | $489,500 | $299,900 | 63.2% |
| Deephaven | 6 | 5 | 20% | $458,500 | $775,000 | -40.8% |
| Minnetrista | 50 | 50 | 0% | $406,141.50 | $293,867.50 | 38.2% |
| Hanover | 4 | 1 | 300% | $404,996 | $158,500 | 155.5% |
| Corcoran | 22 | 12 | 83.3% | $392,734.50 | $333,500 | 17.8% |
| Dayton | 16 | 23 | -30.4% | $385,000 | $301,000 | 27.9% |
| Eden Prairie | 135 | 159 | -15.1% | $337,000 | $305,000 | 10.5% |
