St. Paul Park home prices rise in the first quarter of 2017

St. Paul Park 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 St. Paul Park rose by $14,000 while total sales decreased by 42.9%, according to BlockShopper.com.

From January through March of 2017, there were 12 homes sold, with a median sale price of $162,000 – a 9.5% increase over the $148,000 median sale price for the same period of the previous year. There were 21 homes sold in St. Paul Park in the first quarter of 2016.

The median sales tax in St. Paul Park for the most recent year with available data, 2015, was $2,097, approximately 1.3% of the median home sale price for the first quarter of 2017.

The following table compares St. Paul Park to other Washington 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)
Forest Lake 48 67 -28.4% $248,000 $179,000 38.5%
Bayport 9 3 200% $239,900 $187,000 28.3%
Oak Park Heights 19 15 26.7% $238,500 $160,000 49.1%
Lakeland 3 5 -40% $235,000 $272,400 -13.7%
Willernie 1 3 -66.7% $235,000 $220,000 6.8%
Cottage Grove 109 104 4.8% $226,000 $216,000 4.6%
Hugo 52 59 -11.9% $213,750 $192,579 11%
Oakdale 86 104 -17.3% $176,750 $183,500 -3.7%
St. Marys Point 2 1 100% $167,750 $35,000 379.3%
St. Paul Park 12 21 -42.9% $162,000 $148,000 9.5%
Newport 13 9 44.4% $152,500 $168,000 -9.2%


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