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Monday, November 25, 2024

How did home prices perform in Scandia during the fourth quarter of 2021?

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The median sale price of a home sold in the fourth quarter of 2021 in Scandia rose by $152,500 while total sales decreased by 27.3%, according to BlockShopper.com.

From October through December of 2021, there were eight homes sold, with a median sale price of $567,500 - a 36.7% increase over the $415,000 median sale price for the same period of the previous year. There were 11 homes sold in Scandia in the fourth quarter of 2020.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately 0.7% of the median home sale price for the fourth quarter of 2021.

The following table compares Scandia to other Washington County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Dellwood51400%$750,000$462,00062.3%
Grant78-12.5%$635,000$549,17515.6%
Lake Elmo22214.8%$600,000$500,00020%
Scandia811-27.3%$567,500$415,00036.7%
Afton10911.1%$537,500$500,0007.5%
Hastings52150%$525,000$330,00059.1%
Pine Springs10-$450,000$0-
Woodbury28119544.1%$375,000$350,0007.1%
Stillwater1055494.4%$365,000$354,2503%
Mahtomedi221637.5%$348,000$383,000-9.1%
Birchwood Village52150%$345,000$583,750-40.9%

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