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Monday, November 25, 2024

Rising home prices in Scandia in the second half of 2021

Realestate2

The median sale price of a home sold in the second half of 2021 in Scandia rose by $154,500 while total sales increased by 9.1%, according to BlockShopper.com.

From July through December of 2021, there were 24 homes sold, with a median sale price of $532,000 - a 40.9% increase over the $377,500 median sale price for the same period of the previous year. There were 22 homes sold in Scandia in the second half 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 second half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Dellwood52150%$750,000$1,581,000-52.6%
Hastings8633.3%$703,350$515,50036.4%
Grant272412.5%$620,000$441,00040.6%
Lake Elmo633865.8%$580,000$499,95016%
Pine Springs20-$567,500$0-
Scandia24229.1%$532,000$377,50040.9%
Afton2224-8.3%$507,500$534,500-5.1%
Stillwater22913470.9%$425,000$362,50017.2%
Marine on St. Croix81700%$389,950$374,6054.1%
Mahtomedi613764.9%$387,000$381,0001.6%
Woodbury67647741.7%$385,000$342,00012.6%

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