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Saturday, September 21, 2024

Victoria home prices rise in January 2018

Realestate4

The median sale price of a home sold in January 2018 in Victoria rose by $60,675 while total sales decreased by 9.1%, according to BlockShopper.com.

In January 2018, there were 10 homes sold, with a median sale price of $445,675 - a 15.8% increase over the $385,000 median sale price for the same period of the previous year. There were 11 homes sold in Victoria in January 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 January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Norwood Young America25-60%$660,000$185,000256.8%
Victoria1011-9.1%$445,675$385,00015.8%
Carver62200%$375,000$217,378.5072.5%
Chanhassen2024-16.7%$317,500$297,5006.7%
Waconia147100%$263,200$240,0009.7%
Mayer21100%$255,950$243,9004.9%
Cologne440%$236,750$207,35014.2%
Watertown72250%$235,500$162,45045%
Chaska1920-5%$232,000$273,250-15.1%
Hamburg110%$149,900$253,500-40.9%
New Germany02-100%$0$129,500-100%

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