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Minnesota State Wire

Saturday, November 23, 2024

Edina home prices fall in July 2019

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The median sale price of a home sold in July 2019 in Edina fell by $70,050 while total sales increased by 22.4%, according to BlockShopper.com.

In July 2019, there were 82 homes sold, with a median sale price of $594,950 - a 10.5% decrease over the $665,000 median sale price for the same period of the previous year. There were 67 homes sold in Edina in July 2018.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.1% of the median home sale price for July 2019.

The following table compares Edina 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)
Wayzata57-28.6%$1,150,000$810,00042%
Greenwood30-$800,000$0-
Deephaven112450%$798,500$1,145,000-30.3%
Medina15887.5%$645,000$679,590-5.1%
Orono199111.1%$625,000$540,00015.7%
Edina826722.4%$594,950$665,000-10.5%
Woodland110%$550,000$5,000,000-89%
Independence6520%$434,514.53$605,000-28.2%
Dayton550%$424,500$352,00020.6%
St. Anthony105100%$400,000$332,50020.3%
Minnetonka955379.2%$400,000$370,0008.1%

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