From April through June of 2020, there were eight homes sold, with a median sale price of $280,500 - a 16.1% decrease over the $334,500 median sale price for the same period of the previous year. There were 20 homes sold in Cologne in the second quarter of 2019.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 1% of the median home sale price for the second quarter of 2020.
The following table compares Cologne to other Carver County cities in the second quarter of 2020:
| City | Apr. - June 2020 Home Sales | Apr. - June 2019 Home Sales | % change (Total Home Sales) | Apr. - June 2020 Median Sales Price | Apr. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 25 | 55 | -54.5% | $430,000 | $484,000 | -11.2% |
| Chanhassen | 79 | 157 | -49.7% | $361,000 | $350,000 | 3.1% |
| Carver | 21 | 30 | -30% | $344,000 | $328,500 | 4.7% |
| Mayer | 14 | 17 | -17.6% | $299,950 | $283,000 | 6% |
| Waconia | 63 | 81 | -22.2% | $299,000 | $307,500 | -2.8% |
| Chaska | 83 | 128 | -35.2% | $291,000 | $314,750 | -7.5% |
| Watertown | 20 | 27 | -25.9% | $285,877.50 | $252,500 | 13.2% |
| Cologne | 8 | 20 | -60% | $280,500 | $334,500 | -16.1% |
| New Germany | 2 | 4 | -50% | $229,750 | $202,500 | 13.5% |
| Hamburg | 2 | 3 | -33.3% | $218,500 | $192,000 | 13.8% |
| Norwood Young America | 23 | 23 | 0% | $218,000 | $210,000 | 3.8% |
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