From July through September of 2017, there were 217 homes sold, with a median sale price of $530,000. There were 215 homes sold in Edina in the third quarter of 2016, and the median sales price for the period was also $530,000.
The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.2% of the median home sale price for the third quarter of 2017.
The following table compares Edina to other Hennepin County cities with similar median sales prices in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Orono | 54 | 54 | 0% | $633,713.62 | $630,500 | 0.5% |
| Independence | 8 | 16 | -50% | $586,000 | $532,450 | 10.1% |
| Medina | 28 | 36 | -22.2% | $582,722.50 | $562,479.50 | 3.6% |
| Tonka Bay | 9 | 6 | 50% | $580,000 | $765,000 | -24.2% |
| Wayzata | 19 | 25 | -24% | $562,000 | $609,000 | -7.7% |
| Edina | 217 | 215 | 0.9% | $530,000 | $530,000 | 0% |
| Shorewood | 26 | 42 | -38.1% | $435,000 | $419,000 | 3.8% |
| Excelsior | 6 | 9 | -33.3% | $430,000 | $428,900 | 0.3% |
| Corcoran | 15 | 22 | -31.8% | $395,000 | $390,000 | 1.3% |
| Eden Prairie | 278 | 258 | 7.8% | $369,000 | $358,102.50 | 3% |
| Loretto | 3 | 3 | 0% | $367,000 | $225,000 | 63.1% |
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