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Wednesday, November 27, 2024

Victoria home prices rise in March 2018

Realestate4

The median sale price of a home sold in March 2018 in Victoria rose by $10,010 while total sales increased by 36.4%, according to BlockShopper.com.

In March 2018, there were 15 homes sold, with a median sale price of $435,000 - a 2.4% increase over the $424,990 median sale price for the same period of the previous year. There were 11 homes sold in Victoria in March 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 March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Victoria151136.4%$435,000$424,9902.4%
Carver770%$319,900$327,499-2.3%
Chanhassen37355.7%$294,235$310,000-5.1%
Waconia231464.3%$269,900$201,00034.3%
Cologne35-40%$240,000$230,4004.2%
Mayer25-60%$226,000$256,500-11.9%
Chaska35336.1%$211,150$247,000-14.5%
New Germany30-$185,900$0-
Watertown14-75%$172,000$221,500-22.3%
Norwood Young America69-33.3%$170,000$220,000-22.7%
Hamburg02-100%$0$261,000-100%

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