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Minnesota State Wire

Thursday, November 7, 2024

Edina home prices fall in November 2020

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The median sale price of a home sold in November 2020 in Edina fell by $100,100 while total sales decreased by 83.6%, according to BlockShopper.com.

In November 2020, there were nine homes sold, with a median sale price of $499,900 - a 16.7% decrease over the $600,000 median sale price for the same period of the previous year. There were 55 homes sold in Edina in November 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 November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Deephaven27-71.4%$4,367,500$660,000561.7%
Tonka Bay110%$2,180,000$319,000583.4%
Medina212-83.3%$1,225,325$524,950133.4%
Dayton15-80%$632,500$265,000138.7%
Shorewood110-90%$530,000$690,925-23.3%
Edina955-83.6%$499,900$600,000-16.7%
Plymouth1466-78.8%$442,000$329,95034%
Corcoran16-83.3%$435,000$288,35050.9%
Golden Valley722-68.2%$415,000$312,50032.8%
Minnetonka740-82.5%$400,000$354,00013%
Richfield546-89.1%$350,000$264,00032.6%

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