Watertown (Carver County) home prices fall in May 2017

Watertown (Carver County) home prices fall in May 2017
0Comments

The median sale price of a home sold in May 2017 in Watertown in Carver County fell by $35,900 while total sales increased by 77.8%, according to BlockShopper.com.

In May 2017, there were 16 homes sold, with a median sale price of $221,500 – a 13.9% decrease over the $257,400 median sale price for the same period of the previous year. There were nine homes sold in Watertown in May 2016.

The median sales tax in Watertown for 2017 was $2,799. In 2016, the median sales tax was $2,787. This marks an increase of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Watertown to other Carver County cities in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Victoria 22 23 -4.3% $414,450 $407,000 1.8%
Carver 9 12 -25% $312,500 $247,500 26.3%
Chanhassen 49 57 -14% $302,500 $330,000 -8.3%
Waconia 39 33 18.2% $259,900 $230,000 13%
Chaska 49 51 -3.9% $258,950 $260,000 -0.4%
Mayer 7 11 -36.4% $230,000 $229,900 0%
Watertown 16 9 77.8% $221,500 $257,400 -13.9%
Norwood Young America 12 9 33.3% $216,500 $195,000 11%
Cologne 5 4 25% $211,000 $222,500 -5.2%
New Germany 1 0 – $155,000 $0 –
Hamburg 2 2 0% $152,750 $183,000 -16.5%

* This story only considers sales data for the part of Watertown that is in Carver County.



Related

Home vacancies in Minnesota up 0.2 percent in Q1

Home vacancies in Minnesota up 0.2 percent in Q1

Minnesota’s home vacancy rate was 1.1 percent in the first quarter of 2022, an increase of 0.2 percent over the previous quarter, according to a U.S. Census Bureau report.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in the nation throughout 2021 with a rental vacancy rate of 6.6 percent, according to the U.S. Census Bureau.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked fifth in nation with rental vacancy rate of 9% in Q3 2022

Minnesota ranked fifth in the nation in the third quarter with a rental vacancy rate of 9 percent, according to the U.S. Census Bureau.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Minnesota State Wire.