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Monday, November 25, 2024

The first quarter of 2021: Home prices in Victoria increased

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The median sale price of a home sold in the first quarter of 2021 in Victoria rose by $149,900 while total sales increased by 8.7%, according to BlockShopper.com.

From January through March of 2021, there were 25 homes sold, with a median sale price of $514,900 - a 41.1% increase over the $365,000 median sale price for the same period of the previous year. There were 23 homes sold in Victoria in the first quarter of 2020.

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 the first quarter of 2021.

The following table compares Victoria to other Carver County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Victoria25238.7%$514,900$365,00041.1%
Chanhassen6372-12.5%$485,000$361,75034.1%
Carver191618.8%$415,000$320,00029.7%
Waconia3541-14.6%$348,000$326,5006.6%
Cologne47-42.9%$342,450$278,72022.9%
Mayer58-37.5%$329,000$255,74228.6%
Hamburg25-60%$314,500$200,00057.3%
Chaska6180-23.8%$288,000$286,1250.7%
Watertown151136.4%$275,000$301,500-8.8%
Norwood Young America10911.1%$235,450$186,00026.6%
New Germany21100%$50,000$385,000-87%

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