Quantcast

West Twin Cities

Wednesday, November 27, 2024

Victoria home prices rise in the second quarter of 2018

Realestate5

The median sale price of a home sold in the second quarter of 2018 in Victoria rose by $15,000 while total sales decreased by 29.2%, according to BlockShopper.com.

From April through June of 2018, there were 51 homes sold, with a median sale price of $420,000 - a 3.7% increase over the $405,000 median sale price for the same period of the previous year. There were 72 homes sold in Victoria in the second quarter of 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 the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Victoria5172-29.2%$420,000$405,0003.7%
Chanhassen138147-6.1%$342,950$316,9008.2%
Carver2930-3.3%$320,000$320,500-0.2%
Waconia7498-24.5%$308,400$257,12519.9%
Mayer1021-52.4%$286,000$230,00024.3%
Cologne14137.7%$276,500$231,00019.7%
Watertown1137-70.3%$273,200$235,00016.3%
Chaska100141-29.1%$238,250$278,500-14.5%
Norwood Young America2427-11.1%$186,200$200,000-6.9%
New Germany220%$138,925$190,000-26.9%
Hamburg14-75%$118,500$152,750-22.4%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS