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Wednesday, November 27, 2024

Victoria home prices rise in May 2018

Realestate077

The median sale price of a home sold in May 2018 in Victoria rose by $7,550 while total sales decreased by 9.1%, according to BlockShopper.com.

In May 2018, there were 20 homes sold, with a median sale price of $422,000 - a 1.8% increase over the $414,450 median sale price for the same period of the previous year. There were 22 homes sold in Victoria in May 2017.

The median sales tax in Victoria for 2018 was $5,082. In 2017, the median sales tax was $4,808. This marks an increase of 5.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Victoria to other Carver County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Victoria2022-9.1%$422,000$414,4501.8%
Mayer27-71.4%$341,000$230,00048.3%
Chanhassen554912.2%$340,000$302,50012.4%
Carver14955.6%$311,000$312,500-0.5%
Waconia2339-41%$279,150$259,9007.4%
Cologne35-40%$261,000$211,00023.7%
Watertown316-81.3%$258,000$221,50016.5%
Chaska3249-34.7%$215,000$258,950-17%
New Germany110%$190,600$155,00023%
Norwood Young America612-50%$181,000$216,500-16.4%
Hamburg02-100%$0$152,750-100%

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