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Sunday, September 29, 2024

Shoreview home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Shoreview rose by $9,900 while total sales decreased by 34.4%, according to BlockShopper.com.

From October through December of 2018, there were 61 homes sold, with a median sale price of $269,900 - a 3.8% increase over the $260,000 median sale price for the same period of the previous year. There were 93 homes sold in Shoreview in the fourth quarter of 2017.

The median sales tax in Shoreview for 2018 was $3,962. In 2017, the median sales tax was $3,616. This marks an increase of 9.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Shoreview 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 Beach10-$410,000$0-
Arden Hills252025%$383,500$272,50040.7%
Falcon Heights171421.4%$294,000$251,75016.8%
Bellaire110%$284,000$299,900-5.3%
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%

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