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Saturday, September 21, 2024

Mayer home prices fall in October 2018

Realestate2

The median sale price of a home sold in October 2018 in Mayer fell by $13,050 while total sales decreased by 71.4%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $258,950 - a 4.8% decrease over the $272,000 median sale price for the same period of the previous year. There were seven homes sold in Mayer in October 2017.

The median sales tax in Mayer for 2018 was $2,948. In 2017, the median sales tax was $2,844. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares Mayer to other Carver County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Victoria17988.9%$457,500$315,00045.2%
Chanhassen412657.7%$385,000$260,38247.9%
Carver126100%$305,250$403,500-24.3%
Watertown10911.1%$277,200$239,90015.5%
Waconia342161.9%$265,000$225,00017.8%
Mayer27-71.4%$258,950$272,000-4.8%
Cologne47-42.9%$258,250$295,000-12.5%
Chaska363212.5%$256,250$275,000-6.8%
Norwood Young America660%$212,500$240,500-11.6%
New Germany01-100%$0$177,000-100%
Hamburg01-100%$0$165,000-100%

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