Deephaven home prices rise in April 2017

Deephaven home prices rise in April 2017
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The median sale price of a home sold in April 2017 in Deephaven rose by $210,000 while total sales increased by 75%, according to BlockShopper.com.

In April 2017, there were seven homes sold, with a median sale price of $725,000 – a 40.8% increase over the $515,000 median sale price for the same period of the previous year. There were four homes sold in Deephaven in April 2016.

The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 0.9% of the median home sale price for April 2017.

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

City Apr. 2017 Home Sales Apr. 2016 Home Sales % change (Total Home Sales) Apr. 2017 Median Sales Price Apr. 2016 Median Sales Price % change (Median Sales Price)
Minnetonka Beach 1 2 -50% $7,250,000 $1,175,000 517%
Woodland 1 1 0% $1,175,000 $830,000 41.6%
Deephaven 7 4 75% $725,000 $515,000 40.8%
Wayzata 5 8 -37.5% $660,000 $628,750 5%
Shorewood 4 20 -80% $659,950 $390,200 69.1%
Medina 7 9 -22.2% $625,000 $634,990 -1.6%
Independence 9 4 125% $520,000 $413,750 25.7%
Edina 59 79 -25.3% $499,900 $460,000 8.7%
Greenwood 1 1 0% $475,000 $280,000 69.6%
Tonka Bay 3 3 0% $417,000 $599,900 -30.5%
Dayton 4 6 -33.3% $409,500 $394,200 3.9%


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