Lilydale home prices rise in the first quarter of 2017

Lilydale home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Lilydale rose by $22,550 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2017, there were three homes sold, with a median sale price of $275,000 – a 8.9% increase over the $252,450 median sale price for the same period of the previous year. There were four homes sold in Lilydale in the first quarter of 2016.

The median sales tax in Lilydale for the most recent year with available data, 2014, was $1,874, approximately 0.7% of the median home sale price for the first quarter of 2017.

The following table compares Lilydale to other Dakota 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)
Mendota Heights 27 27 0% $347,000 $350,000 -0.9%
Randolph 3 5 -40% $315,000 $210,000 50%
Eureka Center 2 4 -50% $301,000 $289,525 4%
Northfield 7 6 16.7% $290,000 $197,500 46.8%
Nininger 2 0 – $282,500 $0 –
Lilydale 3 4 -25% $275,000 $252,450 8.9%
Empire 11 9 22.2% $275,000 $195,000 41%
Lakeville 154 249 -38.2% $273,450 $262,500 4.2%
Vermillion 4 3 33.3% $269,000 $145,000 85.5%
Eagan 158 162 -2.5% $241,000 $232,750 3.5%
Rosemount 70 74 -5.4% $230,000 $246,000 -6.5%


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