The median sale price of a home sold in April 2017 in Excelsior fell by $80,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.
In April 2017, there were three homes sold, with a median sale price of $350,000 – a 18.6% decrease over the $430,000 median sale price for the same period of the previous year. There were three homes sold in Excelsior in April 2016, as well.
The median sales tax in Excelsior for the most recent year with available data, 2015, was $5,453, approximately 1.6% of the median home sale price for April 2017.
The following table compares Excelsior 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) |
|---|---|---|---|---|---|---|
| Minnetrista | 27 | 24 | 12.5% | $405,962 | $316,713 | 28.2% |
| Greenfield | 8 | 6 | 33.3% | $401,950 | $150,500 | 167.1% |
| Orono | 25 | 26 | -3.8% | $381,900 | $580,000 | -34.2% |
| Corcoran | 5 | 6 | -16.7% | $360,000 | $520,495 | -30.8% |
| Minnetonka | 71 | 85 | -16.5% | $360,000 | $345,000 | 4.3% |
| Excelsior | 3 | 3 | 0% | $350,000 | $430,000 | -18.6% |
| Eden Prairie | 78 | 83 | -6% | $349,250 | $347,000 | 0.6% |
| Plymouth | 84 | 106 | -20.8% | $347,750 | $310,500 | 12% |
| Spring Park | 1 | 1 | 0% | $345,000 | $325,000 | 6.2% |
| Golden Valley | 33 | 52 | -36.5% | $340,000 | $268,850 | 26.5% |
| Long Lake | 6 | 3 | 100% | $332,900 | $381,000 | -12.6% |
