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Tuesday, November 26, 2024

Victoria home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Victoria rose by $242,500 while total sales increased by 125%, according to BlockShopper.com.

In October 2020, there were nine homes sold, with a median sale price of $519,900 - a 87.4% increase over the $277,400 median sale price for the same period of the previous year. There were four homes sold in Victoria in October 2019.

The median sales tax in Victoria for the most recent year with available data, 2019, was $5,260, approximately 1% of the median home sale price for October 2020.

The following table compares Victoria to other Carver County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Victoria94125%$519,900$277,40087.4%
Chanhassen2327-14.8%$385,000$363,0006.1%
Waconia201625%$357,000$310,00015.2%
Cologne7475%$340,000$319,4506.4%
Carver440%$332,500$242,50037.1%
Watertown5366.7%$322,000$278,00015.8%
Mayer330%$309,900$219,90040.9%
Chaska2130-30%$281,000$274,0002.6%
Norwood Young America42100%$200,250$322,500-37.9%
New Germany110%$167,000$625,000-73.3%
Hamburg02-100%$0$131,250-100%

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