In July 2017, there were 10 homes sold, with a median sale price of $515,000. There were 12 homes sold in Shorewood in July 2016, and the median sales price for the period was also $515,000.
The median sales tax in Shorewood for the most recent year with available data, 2015, was $5,414, approximately 1.1% of the median home sale price for July 2017.
The following table compares Shorewood to other Hennepin County cities with similar median sales prices in July 2017:
City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wayzata | 4 | 12 | -66.7% | $832,500 | $492,300 | 69.1% |
Deephaven | 8 | 14 | -42.9% | $780,000 | $670,500 | 16.3% |
Orono | 22 | 24 | -8.3% | $706,000 | $603,000 | 17.1% |
Independence | 3 | 6 | -50% | $687,000 | $387,500 | 77.3% |
Edina | 87 | 95 | -8.4% | $530,000 | $580,000 | -8.6% |
Shorewood | 10 | 12 | -16.7% | $515,000 | $515,000 | 0% |
Minnetrista | 19 | 26 | -26.9% | $420,000 | $476,000 | -11.8% |
Dayton | 5 | 10 | -50% | $401,974 | $317,190.05 | 26.7% |
Eden Prairie | 102 | 106 | -3.8% | $382,500 | $367,905 | 4% |
Plymouth | 104 | 141 | -26.2% | $370,000 | $370,000 | 0% |
Corcoran | 5 | 6 | -16.7% | $365,000 | $499,500 | -26.9% |