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Minnesota State Wire

Wednesday, November 6, 2024

Edina home prices rise in June 2020

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The median sale price of a home sold in June 2020 in Edina rose by $17,500 while total sales decreased by 59.4%, according to BlockShopper.com.

In June 2020, there were 39 homes sold, with a median sale price of $600,000 - a 3% increase over the $582,500 median sale price for the same period of the previous year. There were 96 homes sold in Edina in June 2019.

The median sales tax in Edina for the most recent year with available data, 2019, was $7,085, approximately 1.2% of the median home sale price for June 2020.

The following table compares Edina to other Hennepin County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Minnetonka Beach10-$1,905,000$0-
Wayzata29-77.8%$1,379,500$637,500116.4%
Excelsior330%$812,500$340,000139%
Shorewood417-76.5%$610,000$550,00010.9%
Edina3996-59.4%$600,000$582,5003%
Minnetrista716-56.3%$558,554$516,2508.2%
Medina712-41.7%$555,000$678,750-18.2%
Deephaven58-37.5%$545,000$674,450-19.2%
Greenfield440%$542,450$436,30024.3%
Tonka Bay12-50%$508,000$1,280,000-60.3%
Woodland12-50%$475,000$2,711,246-82.5%

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