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Saturday, November 16, 2024

Scandia home prices rise in March 2020

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The median sale price of a home sold in March 2020 in Scandia rose by $71,843 while total sales decreased by 75%, according to BlockShopper.com.

In March 2020, there were two homes sold, with a median sale price of $368,750 - a 24.2% increase over the $296,908 median sale price for the same period of the previous year. There were eight homes sold in Scandia in March 2019.

The median sales tax in Scandia for the most recent year with available data, 2015, was $3,173, approximately 0.9% of the median home sale price for March 2020.

The following table compares Scandia to other Washington County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Grant12-50%$515,000$684,262.50-24.7%
Lake Elmo57-28.6%$467,500$450,0003.9%
Hastings20-$427,930$0-
Afton30-$415,000$0-
Scandia28-75%$368,750$296,907.5024.2%
Mahtomedi68-25%$356,250$310,50014.7%
Woodbury6268-8.8%$341,000$290,75017.3%
Hugo1724-29.2%$329,000$264,00024.6%
Birchwood Village20-$326,250$0-
Forest Lake201533.3%$318,250$270,00017.9%
Lakeland31200%$315,000$258,22522%

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