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Saturday, November 23, 2024

Home prices increased in St. Marys Point during the first half of 2022

Realestate4

The median sale price of a home sold in the first half of 2022 in St. Marys Point rose by $13,500 while total sales increased by 50 percent, according to BlockShopper.com.

From January through June, there were three homes sold, with a median sale price of $587,500 - a 2.4 percent increase over the $574,000 median sale price for the same period of the previous year. There were two homes sold in St. Marys Point in the first half of 2021.

The median sales tax in St. Marys Point for the most recent year with available data, 2020, was $2,659, approximately 0.5 percent of the median home sale price for the first half of 2022.

The following table compares St. Marys Point to other Washington County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Hastings3250$780,000$444,00075.7
Grant1822-18.2$730,450$486,00050.3
Lake Elmo3040-25$680,000$553,50022.9
Lakeland Shores42100$612,500$1,447,500-57.7
Afton1215-20$598,000$680,000-12.1
St. Marys Point3250$587,500$574,0002.4
Pine Springs42100$551,000$638,500-13.7
Marine on St. Croix46-33.3$505,000$520,000-2.9
Stillwater171182-6$452,500$400,00013.1
Birchwood Village56-16.7$419,000$435,000-3.7
Scandia920-55$402,000$508,250-20.9

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