Excelsior home prices rise in January 2020

Medium realestate3

The median sale price of a home sold in January 2020 in Excelsior rose by $199,400 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $1,130,750 - a 21.4% increase over the $931,350 median sale price for the same period of the previous year. There were two homes sold in Excelsior in January 2019, as well.

The median sales tax in Excelsior for the most recent year with available data, 2015, was $5,453, approximately 0.5% of the median home sale price for January 2020.

The following table compares Excelsior to other Hennepin County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Excelsior220%$1,130,750$931,35021.4%
Medina31200%$940,000$170,000452.9%
Deephaven70-$785,000$0-
Edina2431-22.6%$750,403.14$600,00025.1%
Independence15-80%$725,000$252,500187.1%
Corcoran330%$570,000$347,50064%
Wayzata26-66.7%$566,500$551,4502.7%
Spring Park20-$534,950$0-
Minnetrista141216.7%$529,950$371,50042.7%
Shorewood58-37.5%$520,000$448,70015.9%
Dayton3250%$460,000$418,7509.9%

Blockshopper green logo