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Victoria Real Estate Summer 2019 Outlook
Dated: June 5 2019
Victoria is a growing, family friendly community with great schools in the southwestern metro. Victoria is the City of "Lakes and Parks", and is located in Carver County which was ranked the #1 Happiest County in America.
Victoria home values have seen historic appreciation over the last few years with a 22% increase in average home prices since 2016!
Homes on the market in Victoria on average are currently receiving 98% of list price, indicating strong offers from buyers.
Victoria median home prices are up an impressive 37% just since January 2019!
Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Victoria to be a VERY strong sellers market, and an excellent time to buy as well!