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North Hennepin News

Tuesday, November 26, 2024

Wayzata home prices fall in November 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in November 2019 in Wayzata fell by $1,257,500 while total sales increased by 60%, according to BlockShopper.com.

In November 2019, there were eight homes sold, with a median sale price of $582,500 - a 68.3% decrease over the $1,840,000 median sale price for the same period of the previous year. There were five homes sold in Wayzata in November 2018.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 1% of the median home sale price for November 2019.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Minnetonka Beach220%$750,000$1,967,000-61.9%
Shorewood111010%$731,850$499,00046.7%
Orono12120%$705,875$791,946.25-10.9%
Deephaven715-53.3%$660,000$898,200-26.5%
Edina55525.8%$600,000$557,0007.7%
Wayzata8560%$582,500$1,840,000-68.3%
Independence67-14.3%$526,000$444,90018.2%
Medina12119.1%$475,000$683,705-30.5%
Minnetrista1021-52.4%$411,385$438,443-6.2%
Eden Prairie4068-41.2%$404,500$358,50012.8%
Long Lake220%$356,750$509,250-29.9%

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