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Minnesota State Wire

Wednesday, November 6, 2024

Victoria home prices fall in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Victoria fell by $54,000 while total sales decreased by 54.5%, according to BlockShopper.com.

From April through June of 2020, there were 25 homes sold, with a median sale price of $430,000 - a 11.2% decrease over the $484,000 median sale price for the same period of the previous year. There were 55 homes sold in Victoria in the second quarter of 2019.

The median sales tax in Victoria for the most recent year with available data, 2019, was $5,260, approximately 1.2% of the median home sale price for the second quarter of 2020.

The following table compares Victoria to other Carver County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Victoria2555-54.5%$430,000$484,000-11.2%
Chanhassen79157-49.7%$361,000$350,0003.1%
Carver2130-30%$344,000$328,5004.7%
Mayer1417-17.6%$299,950$283,0006%
Waconia6381-22.2%$299,000$307,500-2.8%
Chaska83128-35.2%$291,000$314,750-7.5%
Watertown2027-25.9%$285,877.50$252,50013.2%
Cologne820-60%$280,500$334,500-16.1%
New Germany24-50%$229,750$202,50013.5%
Hamburg23-33.3%$218,500$192,00013.8%
Norwood Young America23230%$218,000$210,0003.8%

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