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Saturday, September 21, 2024

Falling home prices in Watertown (Carver County) in May

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The median sale price of a home sold in May in Watertown in Carver County fell by $15,562 while total sales decreased by 50 percent, according to BlockShopper.com.

In May, there were four homes sold, with a median sale price of $279,438 - a 5.3 percent decrease from the $295,000 median sale price for the same period of the previous year. There were eight homes sold in Watertown in May 2021.

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

The following table compares Watertown to other Carver County cities in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Victoria191435.7$575,000$512,55012.2
Waconia1215-20$495,050$310,00059.7
Chanhassen2832-12.5$435,000$415,0004.8
Chaska3238-15.8$430,000$285,50050.6
Carver7616.7$395,000$415,000-4.8
Mayer14-75$390,000$304,00028.3
Norwood Young America46-33.3$316,500$245,00029.2
Cologne40-$292,500$0-
Watertown48-50$279,438$295,000-5.3
New Germany14-75$164,000$284,950-42.4
Hamburg00-$0$0-
* This story only considers sales data for the part of Watertown that is in Carver County.

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