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West Twin Cities

Wednesday, November 27, 2024

Mayer home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Mayer fell by $1,175 while total sales decreased by 60%, according to BlockShopper.com.

In August 2018, there were two homes sold, with a median sale price of $245,825 - a 0.5% decrease over the $247,000 median sale price for the same period of the previous year. There were five homes sold in Mayer in August 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 1.2%.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Victoria201811.1%$435,000$441,000-1.4%
Carver11837.5%$389,900$340,00014.7%
Waconia322339.1%$328,750$264,00024.5%
Chanhassen624731.9%$328,700$329,400-0.2%
Cologne50-$274,900$0-
Watertown126100%$251,000$244,9002.5%
Mayer25-60%$245,825$247,000-0.5%
Chaska645125.5%$243,950$308,000-20.8%
Norwood Young America1014-28.6%$206,000$206,450-0.2%
Hamburg20-$132,750$0-
New Germany00-$0$0-

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