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Saturday, September 21, 2024

Waconia home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Waconia fell by $40,000 while total sales increased by 12%, according to BlockShopper.com.

In July 2018, there were 28 homes sold, with a median sale price of $280,000 - a 12.5% decrease over the $320,000 median sale price for the same period of the previous year. There were 25 homes sold in Waconia in July 2017.

The median sales tax in Waconia for 2018 was $3,326. In 2017, the median sales tax was $3,172. This marks an increase of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Waconia to other Carver County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Victoria1226-53.8%$374,950$437,950-14.4%
Cologne42100%$345,000$223,665.5054.2%
Chanhassen4250-16%$334,000$324,0003.1%
Carver131118.2%$320,836$340,000-5.6%
Waconia282512%$280,000$320,000-12.5%
Chaska3539-10.3%$275,000$225,00022.2%
Mayer37-57.1%$275,000$239,00015.1%
Watertown1014-28.6%$235,000$234,0500.4%
Norwood Young America79-22.2%$194,000$224,900-13.7%
New Germany12-50%$183,000$162,45012.7%
Hamburg01-100%$0$171,500-100%

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