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Sunday, September 29, 2024

New Brighton home prices rise in the fourth quarter of 2018

Realestate5

The median sale price of a home sold in the fourth quarter of 2018 in New Brighton rose by $4,500 while total sales decreased by 17.4%, according to BlockShopper.com.

From October through December of 2018, there were 57 homes sold, with a median sale price of $239,500 - a 1.9% increase over the $235,000 median sale price for the same period of the previous year. There were 69 homes sold in New Brighton in the fourth quarter of 2017.

The median sales tax in New Brighton for 2018 was $3,317. In 2017, the median sales tax was $3,078. This marks an increase of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares New Brighton to other Ramsey County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
White Bear Township3033-9.1%$275,000$261,0005.4%
Shoreview6193-34.4%$269,900$260,0003.8%
Little Canada2737-27%$262,000$198,50032%
Roseville1168930.3%$257,177$245,0005%
White Bear Lake6668-2.9%$256,040$229,95011.3%
New Brighton5769-17.4%$239,500$235,0001.9%
Maplewood101107-5.6%$237,500$212,00012%
Mounds View282040%$232,500$235,000-1.1%
Lauderdale9812.5%$209,000$190,00010%
North St. Paul403321.2%$208,250$199,0004.6%
St. Paul1,00776232.2%$194,900$180,0008.3%

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