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Friday, November 22, 2024

Victoria home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Victoria rose by $69,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2018, there were four homes sold, with a median sale price of $357,000 - a 24.2% increase over the $287,500 median sale price for the same period of the previous year. There were six homes sold in Victoria in December 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 1.4%.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Chanhassen322339.1%$417,500$325,00028.5%
Victoria46-33.3%$357,000$287,50024.2%
Watertown550%$317,000$153,000107.2%
Chaska352540%$273,000$248,5009.9%
Carver56-16.7%$264,900$269,850-1.8%
Mayer4333.3%$246,950$195,00026.6%
Cologne440%$223,500$212,9005%
Waconia16160%$214,500$251,750-14.8%
Norwood Young America57-28.6%$201,500$170,00018.5%
Hamburg20-$119,750$0-
New Germany01-100%$0$167,000-100%

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