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Monday, November 25, 2024

March 2021: Home prices in Victoria increased

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The median sale price of a home sold in March 2021 in Victoria rose by $160,000 while total sales increased by 36.4%, according to BlockShopper.com.

In March 2021, there were 15 homes sold, with a median sale price of $525,000 - a 43.8% increase over the $365,000 median sale price for the same period of the previous year. There were 11 homes sold in Victoria in March 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 March 2021.

The following table compares Victoria to other Carver County cities in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Victoria151136.4%$525,000$365,00043.8%
Chanhassen2737-27%$450,000$400,00012.5%
Carver12119.1%$418,000$342,00022.2%
Cologne16-83.3%$394,900$254,36055.3%
Waconia1416-12.5%$382,000$333,95014.4%
Mayer31200%$329,000$276,00019.2%
Watertown7540%$280,000$301,500-7.1%
Chaska353112.9%$275,000$310,000-11.3%
Norwood Young America440%$219,250$252,300-13.1%
New Germany21100%$50,000$385,000-87%
Hamburg03-100%$0$158,500-100%

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