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Wednesday, November 27, 2024

Victoria home prices rise in February 2018

Realestate077

The median sale price of a home sold in February 2018 in Victoria rose by $140,738 while total sales decreased by 66.7%, according to BlockShopper.com.

In February 2018, there were three homes sold, with a median sale price of $470,738 - a 42.6% increase over the $330,000 median sale price for the same period of the previous year. There were nine homes sold in Victoria in February 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 1.1%.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Victoria39-66.7%$470,738$330,00042.6%
Chanhassen1219-36.8%$423,750$267,50058.4%
Chaska921-57.1%$318,900$181,40075.8%
Mayer23-33.3%$286,200$189,90050.7%
Carver42100%$279,950$374,960.50-25.3%
Waconia811-27.3%$262,000$245,0006.9%
Cologne4333.3%$199,350$133,90048.9%
Watertown25-60%$195,750$210,000-6.8%
Norwood Young America46-33.3%$182,500$159,377.5014.5%
New Germany20-$160,650$0-
Hamburg01-100%$0$179,900-100%

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