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Friday, November 29, 2024

Birchwood Village home prices rise in the third quarter of 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in the third quarter of 2020 in Birchwood Village rose by $15,000 while total sales decreased by 70.6%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $390,000 - a 4% increase over the $375,000 median sale price for the same period of the previous year. There were 17 homes sold in Birchwood Village in the third quarter of 2019.

The median sales tax in Birchwood Village for the most recent year with available data, 2015, was $2,842, approximately 0.7% of the median home sale price for the third quarter of 2020.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Afton13128.3%$509,000$530,500-4.1%
Lake Elmo1330-56.7%$499,900$477,4354.7%
St. Marys Point10-$450,000$0-
Bayport916-43.8%$438,500$272,00061.2%
Grant1420-30%$419,950$535,000-21.5%
Birchwood Village517-70.6%$390,000$375,0004%
Mahtomedi1935-45.7%$383,000$388,375-1.4%
Marine on St. Croix14-75%$374,605$600,000-37.6%
Stillwater67150-55.3%$370,000$347,4506.5%
Scandia1112-8.3%$355,000$325,0009.2%
Woodbury236440-46.4%$331,000$320,0003.4%

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