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Saturday, November 23, 2024

Circle Pines 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 Circle Pines rose by $33,400 while total sales increased by 237.5%, according to BlockShopper.com.

From October through December of 2018, there were 27 homes sold, with a median sale price of $209,900 - a 18.9% increase over the $176,500 median sale price for the same period of the previous year. There were eight homes sold in Circle Pines in the fourth quarter of 2017.

The median sales tax in Circle Pines for 2018 was $2,381. In 2014, the median sales tax was $2,148. This marks an increase of 10.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares Circle Pines to other Anoka 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)
Blaine25615466.2%$242,500$242,4500%
Columbus410-60%$236,500$308,750-23.4%
Bethel3250%$230,000$151,875.9351.4%
St. Francis372176.2%$222,000$197,15012.6%
Fridley1046657.6%$219,950$201,5009.2%
Coon Rapids26119533.8%$215,820$205,8504.8%
Anoka464112.2%$213,750$208,0002.8%
Circle Pines278237.5%$209,900$176,50018.9%
Spring Lake Park302330.4%$209,500$203,5002.9%
Columbia Heights988219.5%$195,000$183,9506%
Lexington8714.3%$184,550$240,000-23.1%

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