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Friday, November 22, 2024

Waconia home prices fall 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 Waconia fell by $1,633 while total sales increased by 21.4%, according to BlockShopper.com.

From October through December of 2018, there were 68 homes sold, with a median sale price of $252,368 - a 0.6% decrease over the $254,000 median sale price for the same period of the previous year. There were 56 homes sold in Waconia in the fourth quarter of 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 1.3%.

The following table compares Waconia to other Carver County cities 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)
Chanhassen1098725.3%$395,000$300,00031.7%
Victoria31296.9%$385,000$315,00022.2%
Carver241833.3%$290,250$332,450-12.7%
Cologne141216.7%$269,950$228,50018.1%
Mayer12120%$267,500$254,9004.9%
Watertown371994.7%$260,000$210,00023.8%
Waconia685621.4%$252,367.50$254,000-0.6%
Chaska998812.5%$252,350$254,500-0.8%
Norwood Young America19190%$199,000$210,000-5.2%
New Germany5366.7%$177,500$177,0000.3%
Hamburg3250%$154,999$234,000-33.8%

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