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Monday, November 25, 2024

Mahtomedi home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Mahtomedi rose by $10,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2020, there were 26 homes sold, with a median sale price of $346,000 - a 3.1% increase over the $335,500 median sale price for the same period of the previous year. There were 39 homes sold in Mahtomedi in the second quarter of 2019.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.1% of the median home sale price for the second quarter of 2020.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Scandia1112-8.3%$429,000$407,5005.3%
Marine on St. Croix310-70%$420,000$277,50051.4%
Willernie13-66.7%$390,000$244,90059.2%
Stillwater98142-31%$380,500$301,00026.4%
Woodbury271383-29.2%$347,000$320,0008.4%
Mahtomedi2639-33.3%$346,000$335,5003.1%
Pine Springs10-$323,500$0-
Dellwood14-75%$320,000$582,500-45.1%
Birchwood Village15-80%$307,000$363,974.99-15.7%
Cottage Grove112208-46.2%$283,950$266,7506.4%
Lakeland510-50%$274,900$280,000-1.8%

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