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North Hennepin News

Wednesday, November 6, 2024

Wayzata home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Wayzata rose by $260,400 while total sales decreased by 36%, according to BlockShopper.com.

From July through September of 2019, there were 16 homes sold, with a median sale price of $992,500 - a 35.6% increase over the $732,100 median sale price for the same period of the previous year. There were 25 homes sold in Wayzata in the third quarter of 2018.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.6% of the median home sale price for the third quarter of 2019.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Minnetonka Beach59-44.4%$1,682,500$1,700,000-1%
Woodland4333.3%$1,137,500$1,407,000-19.2%
Greenwood5425%$1,070,000$2,073,000-48.4%
Wayzata1625-36%$992,500$732,10035.6%
Medicine Lake110%$935,000$138,000577.5%
Tonka Bay68-25%$739,000$871,000-15.2%
Deephaven282133.3%$672,500$875,000-23.1%
Spring Park7616.7%$668,000$335,75099%
Orono5966-10.6%$666,000$577,45015.3%
Medina38365.6%$618,652.50$624,722-1%
Excelsior9650%$600,000$475,00026.3%

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