In May 2020, there were 41 homes sold, with a median sale price of $522,500 - a 3.2% decrease over the $539,900 median sale price for the same period of the previous year. There were 77 homes sold in Edina in May 2019.
The median sales tax in Edina for the most recent year with available data, 2019, was $7,085, approximately 1.4% of the median home sale price for May 2020.
The following table compares Edina to other Hennepin County cities with similar median sales prices in May 2020:
City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Woodland | 1 | 2 | -50% | $1,325,000 | $390,000 | 239.7% |
Wayzata | 4 | 8 | -50% | $952,500 | $478,750 | 99% |
Orono | 5 | 17 | -70.6% | $575,000 | $1,010,000 | -43.1% |
Greenfield | 3 | 3 | 0% | $570,000 | $386,000 | 47.7% |
Medina | 6 | 17 | -64.7% | $559,500 | $450,000 | 24.3% |
Edina | 41 | 77 | -46.8% | $522,500 | $539,900 | -3.2% |
Minnetrista | 6 | 21 | -71.4% | $508,153.50 | $370,000 | 37.3% |
Tonka Bay | 1 | 1 | 0% | $500,000 | $350,000 | 42.9% |
St. Anthony | 4 | 9 | -55.6% | $457,000 | $315,000 | 45.1% |
Shorewood | 7 | 17 | -58.8% | $450,000 | $587,500 | -23.4% |
Minnetonka | 29 | 95 | -69.5% | $422,000 | $407,000 | 3.7% |