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Minnesota State Wire

Saturday, November 23, 2024

St. Louis Park home prices fall in July 2019

Realestate5

The median sale price of a home sold in July 2019 in St. Louis Park fell by $14,000 while total sales increased by 29.9%, according to BlockShopper.com.

In July 2019, there were 87 homes sold, with a median sale price of $306,000 - a 4.4% decrease over the $320,000 median sale price for the same period of the previous year. There were 67 homes sold in St. Louis Park in July 2018.

The median sales tax in St. Louis Park for the most recent year with available data, 2015, was $3,210, approximately 1% of the median home sale price for July 2019.

The following table compares St. Louis Park to other Hennepin County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Golden Valley543174.2%$366,700$330,00011.1%
Shorewood9728.6%$365,000$450,000-18.9%
Maple Grove1428273.2%$362,000$305,00018.7%
Excelsior31200%$333,000$129,900156.4%
Rogers171154.5%$325,000$311,0004.5%
St. Louis Park876729.9%$306,000$320,000-4.4%
Hopkins251566.7%$301,000$270,00011.5%
Bloomington1399349.5%$299,900$277,0008.3%
Champlin372927.6%$295,000$284,9003.5%
Mound221822.2%$295,000$266,00010.9%
Long Lake5366.7%$293,500$273,0007.5%

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