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Minnesota State Wire

Tuesday, November 5, 2024

Shorewood home prices rise in August 2019

Realestate1

The median sale price of a home sold in August 2019 in Shorewood rose by $10,000 while total sales increased by 23.5%, according to BlockShopper.com.

In August 2019, there were 21 homes sold, with a median sale price of $460,000 - a 2.2% increase over the $450,000 median sale price for the same period of the previous year. There were 17 homes sold in Shorewood in August 2018.

The median sales tax in Shorewood for the most recent year with available data, 2015, was $5,414, approximately 1.2% of the median home sale price for August 2019.

The following table compares Shorewood 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)
Medina14140%$610,520$584,2504.5%
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%

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