The median sale price of a home sold in May 2017 in Wayzata rose by $180,646 while total sales decreased by 30%, according to BlockShopper.com.
In May 2017, there were seven homes sold, with a median sale price of $656,000 – a 38% increase over the $475,355 median sale price for the same period of the previous year. There were 10 homes sold in Wayzata in May 2016.
The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.9% of the median home sale price for May 2017.
The following table compares Wayzata to other Hennepin County cities with similar median sales prices 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) |
|---|---|---|---|---|---|---|
| Minnetonka Beach | 2 | 2 | 0% | $1,510,625 | $2,705,000 | -44.2% |
| Greenwood | 2 | 2 | 0% | $1,093,500 | $438,450 | 149.4% |
| Medicine Lake | 1 | 0 | – | $1,030,000 | $0 | – |
| Spring Park | 3 | 0 | – | $675,000 | $0 | – |
| Medina | 12 | 21 | -42.9% | $672,625 | $485,000 | 38.7% |
| Wayzata | 7 | 10 | -30% | $656,000 | $475,354.50 | 38% |
| Edina | 80 | 101 | -20.8% | $573,250 | $490,000 | 17% |
| Orono | 23 | 23 | 0% | $457,000 | $507,000 | -9.9% |
| Shorewood | 12 | 18 | -33.3% | $454,000 | $478,700 | -5.2% |
| Corcoran | 7 | 4 | 75% | $415,000 | $282,000 | 47.2% |
| Independence | 6 | 9 | -33.3% | $389,750 | $296,400 | 31.5% |
