What happened to the median home price in Watertown (Carver County) during the first quarter of 2022?

What happened to the median home price in Watertown (Carver County) during the first quarter of 2022?
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The median sale price of a home sold in the first quarter of 2022 in Watertown in Carver County rose by $122,850 while total sales decreased by 73.3%, according to BlockShopper.com.

From January through March of 2022, there were four homes sold, with a median sale price of $397,850 – a 44.7% increase over the $275,000 median sale price for the same period of the previous year. There were 15 homes sold in Watertown in the first quarter of 2021.

The median sales tax in Watertown for the most recent year with available data, 2019, was $3,115, approximately 0.8% of the median home sale price for the first quarter of 2022.

The following table compares Watertown to other Carver County cities in the first quarter of 2022:

City Jan. – Mar. 2022 Home Sales Jan. – Mar. 2021 Home Sales % change (Total Home Sales) Jan. – Mar. 2022 Median Sales Price Jan. – Mar. 2021 Median Sales Price % change (Median Sales Price)
Victoria 19 25 -24% $635,000 $514,900 23.3%
Chanhassen 56 65 -13.8% $460,000 $485,000 -5.2%
Carver 12 19 -36.8% $439,000 $415,000 5.8%
Watertown 4 15 -73.3% $397,850 $275,000 44.7%
Cologne 7 5 40% $390,000 $290,000 34.5%
Waconia 37 35 5.7% $349,000 $348,000 0.3%
Mayer 6 5 20% $307,500 $329,000 -6.5%
Chaska 65 62 4.8% $300,000 $288,950 3.8%
Hamburg 1 2 -50% $250,000 $314,500 -20.5%
Norwood Young America 13 10 30% $222,000 $235,450 -5.7%
New Germany 3 2 50% $216,300 $50,000 332.6%

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



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