Market Report - November 2025
Posted by Stephen Foster on
A balanced Victoria real estate market continues to provide consumers with options
November 3, 2025 A total of 617 properties sold in the Victoria Real Estate Board region this October, 5.7 per cent fewer than the 654 properties sold in October 2024 and 11.4 per cent more than in September 2025. Sales of condominiums decreased by 15 per cent from October 2024 with 159 units sold. Sales of single family homes increased by 2.9 per cent from October 2024 with 350 sold.
"The local real estate market remains reasonably balanced," said 2025 Victoria Real Estate Board Chair Dirk VanderWal. "Single family homes are currently seeing the strongest demand, and this month we saw the highest number of October sales since 2020. However, condo sales were…
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