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North Hennepin News

Wednesday, November 6, 2024

Wayzata home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Wayzata rose by $20,500 while total sales increased by 11.1%, according to BlockShopper.com.

From October through December of 2018, there were 20 homes sold, with a median sale price of $745,000 - a 2.8% increase over the $724,500 median sale price for the same period of the previous year. There were 18 homes sold in Wayzata in the fourth quarter of 2017.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.8% of the median home sale price for the fourth quarter of 2018.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Minnetonka Beach61500%$1,329,500$3,400,000-60.9%
Greenwood52150%$1,250,000$1,635,825-23.6%
Deephaven261752.9%$1,067,500$590,00080.9%
Woodland62200%$879,750$955,000-7.9%
Wayzata201811.1%$745,000$724,5002.8%
Orono4245-6.7%$723,750$470,00054%
Tonka Bay125140%$635,000$447,65041.9%
Medina332626.9%$615,000$635,000-3.1%
Edina1721607.5%$520,630$543,500-4.2%
Excelsior9650%$480,000$495,000-3%
Greenfield111010%$477,500$351,70035.8%

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