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Monday, November 25, 2024

What happened to the median home price in Watertown (Carver County) during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Watertown in Carver County fell by $26,500 while total sales increased by 36.4%, according to BlockShopper.com.

From January through March of 2021, there were 15 homes sold, with a median sale price of $275,000 - a 8.8% decrease over the $301,500 median sale price for the same period of the previous year. There were 11 homes sold in Watertown in the first quarter of 2020.

The median sales tax in Watertown for the most recent year with available data, 2019, was $3,115, approximately 1.1% of the median home sale price for the first quarter of 2021.

The following table compares Watertown to other Carver County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Victoria25238.7%$514,900$365,00041.1%
Chanhassen6372-12.5%$485,000$361,75034.1%
Carver191618.8%$415,000$320,00029.7%
Waconia3541-14.6%$348,000$326,5006.6%
Cologne47-42.9%$342,450$278,72022.9%
Mayer58-37.5%$329,000$255,74228.6%
Hamburg25-60%$314,500$200,00057.3%
Chaska6180-23.8%$288,000$286,1250.7%
Watertown151136.4%$275,000$301,500-8.8%
Norwood Young America10911.1%$235,450$186,00026.6%
New Germany21100%$50,000$385,000-87%
* This story only considers sales data for the part of Watertown that is in Carver County.

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