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Saturday, November 23, 2024

Q2: Home prices in Scandia fell

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The median sale price of a home sold in the second quarter of 2022 in Scandia fell by $166,000 while total sales decreased by 57.1 percent, according to BlockShopper.com.

From April through June, there were six homes sold, with a median sale price of $393,500 - a 29.7 percent decrease from the $559,500 median sale price for the same period of the previous year. There were 14 homes sold in Scandia in the second quarter of 2021.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately one percent of the median home sale price for the second quarter of 2022.

The following table compares Scandia to other Washington County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Pine Springs20-$532,500$0-
Marine on St. Croix4333.3$505,000$490,0003.1
Stillwater95115-17.4$481,000$410,00017.3
Mahtomedi2936-19.4$408,000$423,750-3.7
Woodbury292371-21.3$403,500$380,0006.2
Scandia614-57.1$393,500$559,500-29.7
Lakeland12933.3$355,000$310,59814.3
Cottage Grove117135-13.3$355,000$330,0007.6
Willernie36-50$355,000$194,00083
Oak Park Heights241833.3$340,000$276,50023
Bayport10100$335,500$356,600-5.9

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