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Minnesota State Wire

Saturday, November 23, 2024

Shorewood home prices fall in July 2019

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The median sale price of a home sold in July 2019 in Shorewood fell by $85,000 while total sales increased by 28.6%, according to BlockShopper.com.

In July 2019, there were nine homes sold, with a median sale price of $365,000 - a 18.9% decrease over the $450,000 median sale price for the same period of the previous year. There were seven homes sold in Shorewood in July 2018.

The median sales tax in Shorewood for the most recent year with available data, 2015, was $5,414, approximately 1.5% of the median home sale price for July 2019.

The following table compares Shorewood 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)
Plymouth15266130.3%$395,752.50$377,9504.7%
Eden Prairie1077150.7%$388,000$400,000-3%
Corcoran62200%$380,500$494,950-23.1%
Minnetrista191090%$368,000$267,11237.8%
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%

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