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Minnesota State Wire

Tuesday, November 5, 2024

Wayzata home prices fall in August 2019

Re 1

The median sale price of a home sold in August 2019 in Wayzata fell by $407,500 while total sales decreased by 25%, according to BlockShopper.com.

In August 2019, there were six homes sold, with a median sale price of $447,500 - a 47.7% decrease over the $855,000 median sale price for the same period of the previous year. There were eight homes sold in Wayzata in August 2018.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 1.4% of the median home sale price for August 2019.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Independence67-14.3%$586,500$520,00012.8%
Edina998713.8%$585,000$527,50010.9%
Hanover10-$560,000$0-
Greenfield612-50%$482,500$294,95063.6%
Shorewood211723.5%$460,000$450,0002.2%
Wayzata68-25%$447,500$855,000-47.7%
Dayton68-25%$438,500$300,50045.9%
Minnetrista2432-25%$414,995$439,000-5.5%
Plymouth1281188.5%$402,500$347,45015.8%
St. Anthony616-62.5%$402,000$332,50020.9%
Corcoran910-10%$400,000$431,250-7.2%

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