The median sale price of a home sold in the third quarter of 2020 in New Germany fell by $14,750 while total sales increased by 100%, according to BlockShopper.com.
From July through September of 2020, there were eight homes sold, with a median sale price of $221,000 - a 6.3% decrease over the $235,750 median sale price for the same period of the previous year. There were four homes sold in New Germany in the third quarter of 2019.
The median sales tax in New Germany for the most recent year with available data, 2019, was $3,234, approximately 1.5% of the median home sale price for the third quarter of 2020.
The following table compares New Germany to other Carver County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 35 | 44 | -20.5% | $570,000 | $437,400 | 30.3% |
| Chanhassen | 100 | 153 | -34.6% | $390,000 | $369,000 | 5.7% |
| Hamburg | 1 | 4 | -75% | $381,000 | $201,500 | 89.1% |
| Carver | 29 | 26 | 11.5% | $369,900 | $372,950 | -0.8% |
| Waconia | 62 | 71 | -12.7% | $325,000 | $295,500 | 10% |
| Chaska | 83 | 162 | -48.8% | $315,000 | $279,750 | 12.6% |
| Mayer | 14 | 10 | 40% | $294,000 | $268,950 | 9.3% |
| Cologne | 14 | 15 | -6.7% | $285,007.50 | $267,500 | 6.5% |
| Watertown | 17 | 23 | -26.1% | $240,000 | $240,000 | 0% |
| New Germany | 8 | 4 | 100% | $221,000 | $235,750 | -6.3% |
| Norwood Young America | 19 | 14 | 35.7% | $200,000 | $202,750 | -1.4% |
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