St. Louis Park home prices rise in March 2017

St. Louis Park home prices rise in March 2017
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The median sale price of a home sold in March 2017 in St. Louis Park rose by $30,400 while total sales decreased by 15%, according to BlockShopper.com.

In March 2017, there were 51 homes sold, with a median sale price of $269,900 – a 12.7% increase over the $239,500 median sale price for the same period of the previous year. There were 60 homes sold in St. Louis Park in March 2016.

The median sales tax in St. Louis Park for the most recent year with available data, 2015, was $3,210, approximately 1.2% of the median home sale price for March 2017.

The following table compares St. Louis Park to other Hennepin County cities with similar median sales prices in March 2017:

City Mar. 2017 Home Sales Mar. 2016 Home Sales % change (Total Home Sales) Mar. 2017 Median Sales Price Mar. 2016 Median Sales Price % change (Median Sales Price)
Plymouth 86 97 -11.3% $334,250 $326,000 2.5%
Orono 7 14 -50% $322,240 $575,000 -44%
Rogers 12 11 9.1% $316,500 $269,000 17.7%
Greenfield 3 6 -50% $300,000 $225,450 33.1%
Golden Valley 27 47 -42.6% $275,000 $266,450 3.2%
St. Louis Park 51 60 -15% $269,900 $239,500 12.7%
Maple Grove 85 112 -24.1% $265,000 $255,450 3.7%
Bloomington 81 84 -3.6% $254,000 $227,450 11.7%
Richfield 46 47 -2.1% $245,827 $217,500 13%
St. Anthony 6 5 20% $243,250 $240,500 1.1%
Champlin 32 24 33.3% $234,750 $203,988.50 15.1%


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