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Saturday, November 23, 2024

May 2021: Home prices in Victoria fell

Realestate2

The median sale price of a home sold in May 2021 in Victoria fell by $40,000 while total sales increased by 57.1%, according to BlockShopper.com.

In May 2021, there were 11 homes sold, with a median sale price of $520,000 - a 7.1% decrease over the $560,000 median sale price for the same period of the previous year. There were seven homes sold in Victoria in May 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 May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Victoria11757.1%$520,000$560,000-7.1%
Carver58-37.5%$500,000$345,75044.6%
Chanhassen25238.7%$415,000$349,90018.6%
Mayer47-42.9%$304,000$320,000-5%
Waconia1422-36.4%$298,500$304,250-1.9%
Watertown8633.3%$295,000$248,75018.6%
Chaska24240%$281,500$281,950-0.2%
New Germany30-$280,000$0-
Norwood Young America410-60%$245,000$236,2503.7%
Hamburg00-$0$0-
Cologne03-100%$0$271,000-100%

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