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North Hennepin News

Tuesday, December 24, 2024

How did home prices perform in Wayzata during the second quarter of 2021?

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The median sale price of a home sold in the second quarter of 2021 in Wayzata fell by $586,500 while total sales increased by 18.2%, according to BlockShopper.com.

From April through June of 2021, there were 13 homes sold, with a median sale price of $598,500 - a 49.5% decrease over the $1,185,000 median sale price for the same period of the previous year. There were 11 homes sold in Wayzata in the second quarter of 2020.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.3% of the median home sale price for the second quarter of 2021.

The following table compares Wayzata to other Hennepin County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Excelsior48-50%$754,950$693,5008.9%
Edina130158-17.7%$712,763.50$566,00025.9%
Orono2428-14.3%$712,500$590,00020.8%
Tonka Bay5425%$670,000$555,25020.7%
Medina923-60.9%$605,000$545,00011%
Wayzata131118.2%$598,500$1,185,000-49.5%
Corcoran16160%$549,500$347,50058.1%
Minnetrista2733-18.2%$537,201$485,76010.6%
Independence812-33.3%$529,875$357,90048.1%
Shorewood1633-51.5%$499,950$450,00011.1%
Dayton816-50%$493,000$340,40044.8%

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