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Minnesota State Wire

Wednesday, November 6, 2024

Chaska home prices fall in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Chaska fell by $23,750 while total sales decreased by 35.2%, according to BlockShopper.com.

From April through June of 2020, there were 83 homes sold, with a median sale price of $291,000 - a 7.5% decrease over the $314,750 median sale price for the same period of the previous year. There were 128 homes sold in Chaska in the second quarter of 2019.

The median sales tax in Chaska for the most recent year with available data, 2019, was $3,272, approximately 1.1% of the median home sale price for the second quarter of 2020.

The following table compares Chaska to other Carver County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Victoria2555-54.5%$430,000$484,000-11.2%
Chanhassen79157-49.7%$361,000$350,0003.1%
Carver2130-30%$344,000$328,5004.7%
Mayer1417-17.6%$299,950$283,0006%
Waconia6381-22.2%$299,000$307,500-2.8%
Chaska83128-35.2%$291,000$314,750-7.5%
Watertown2027-25.9%$285,877.50$252,50013.2%
Cologne820-60%$280,500$334,500-16.1%
New Germany24-50%$229,750$202,50013.5%
Hamburg23-33.3%$218,500$192,00013.8%
Norwood Young America23230%$218,000$210,0003.8%

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