Victoria Real Estate Market Update – June 2026 | Stephen Foster

Victoria Real Estate  |  June 2026

Buyers Have the Wheel: More Choice, Softer Prices, and a Market That Rewards Patience

June 2026 MLS® Statistics, Greater Victoria Real Estate Board  |  Analysis by Stephen Foster, REALTOR®

Total sales 719 â–Ľ 5.5% vs Jun 2025 Active listings 4,054 â–˛ 7.3% vs Jun 2025 SFH benchmark (Core) $1,326,500 â–Ľ 0.6% vs Jun 2025 Condo benchmark (Core) $549,200 â–Ľ 1.9% vs Jun 2025

June is traditionally one of the busiest months in real estate, and while we did see 719 total sales across Greater Victoria, the pace has clearly moderated compared to last year. That total is 5.5 per cent below…

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Victoria Real Estate Market Update – June 2026 | Stephen Foster

Victoria Real Estate  |  June 2026

Spring Has Sprung — and So Has Inventory: What Record Supply Means for You

May 2026 MLS® Statistics, Greater Victoria Real Estate Board  |  Analysis by Stephen Foster, REALTOR®

Total sales 713 â–Ľ 5.9% vs May 2025 Active listings 4,029 â–˛ 8.4% vs May 2025 SFH benchmark (Core) $1,339,000 â–˛ 0.3% vs May 2025 Condo benchmark (Core) $551,400 â–Ľ 1.9% vs May 2025

May brought the spring market everyone was waiting for — but it arrived on buyers’ terms. A total of 713 properties sold across Greater Victoria, down 5.9% from the 758 that…

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Victoria Real Estate Market Update – May 2026 | Stephen Foster

Victoria Real Estate  |  May 2026

A Goldilocks Spring: Victoria's Market Finds Its Balance

April 2026 MLS® Statistics, Greater Victoria Real Estate Board  |  Analysis by Stephen Foster, REALTOR®

Total sales 643 â–˛ 0.2% vs Apr 2025 Active listings 3,710 â–˛ 8.3% vs Apr 2025 SFH benchmark (Core) $1,339,100 â–Ľ 1.2% vs Apr 2025 Condo benchmark (Core) $558,300 â–Ľ 0.8% vs Apr 2025

April delivered exactly what the spring market needed: steady activity, growing inventory, and prices holding firm without the pressure we saw during the frenetic years of 2021-2022. A total…

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Victoria Real Estate Market Report for March 2026

April 1, 2026  A total of 579 properties sold in the Victoria Real Estate Board region this March, 5.5 per cent fewer than the 613 properties sold in March 2025 and 24.5 per cent more than in February 2026. Sales of condominiums decreased by 18.8 per cent from March 2025 with 164 units sold. Sales of single family homes decreased by 2.4 per cent from March 2025 with 285 sold.

"Our market is following a fairly typical spring market trend," said Victoria Real Estate Board Chair Fergus Kyne. "With sales and listings both increasing from the previous month, we're tracking a seasonal pattern that generally builds to the peak of the market in May or June."

There were 3,261 active listings for sale on…

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Victoria Real Estate Market Report-February 2026



March 2, 2026  A total of 465 properties sold in the Victoria Real Estate Board region this February, 11.9 per cent fewer than the 528 properties sold in February 2025 and 37.2 per cent more than in January 2026. Sales of condominiums decreased by 19.8 per cent from February 2025 with 154 units sold. Sales of single family homes decreased by 12 per cent from February 2025 with 206 sold.

"February's sales definitely picked up the pace compared with sales from the previous month,” said Victoria Real Estate Board Chair Fergus Kyne. "Though our sales numbers are lower than they were in 2025, with an over 35 per cent increase month over month, and a very healthy amount of inventory currently…

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Victoria Real Estate Market Report for January 2026

A total of 339 properties sold in the Victoria Real Estate Board region this January, 19.7 per cent fewer than the 422 properties sold in January 2025 and 7.6 per cent fewer than in December 2025. Sales of condominiums decreased by 25.3 per cent from January 2025 with 109 units sold. Sales of single family homes decreased by 21.1 per cent from January 2025 with 153 sold.

“This year kicked off with sales in a similar pattern to what we observed in 2023 and ‘24,” said Victoria Real Estate Board Chair Fergus Kyne. “Those years signalled the return to more predictable, seasonal patterns after the intense pace of the pandemic-influenced market we saw earlier in the decade. Different this year is…

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Victoria Real Estate Board Market Report
- December 2025

January 2, 2026  A total of 367 properties sold in the Victoria Real Estate Board region this December, 12.8 per cent fewer than the 421 properties sold in December 2024 and 18.6 per cent fewer than in November 2025. Sales of condominiums were down 21.5 per cent from December 2024 with 106 units sold. Sales of single family homes decreased by 2.6 per cent from December 2024 with 186 sold.

There were 6,918 sales over the course of 2025, a 0.36 per cent increase from the 6,893 sales in 2024.

"2025 was another consistent year for local real estate," said 2026 Victoria Real Estate Board Chair Fergus Kyne. "Despite global economic uncertainty, property sales in the Victoria market were steady…

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Victoria Real Estate Market Report-November 2025

December 1, 2025  A total of 451 properties sold in the Victoria Real Estate Board region this November, 18.1 per cent fewer than the 551 properties sold in November 2024 and 26.9 per cent fewer than in October 2025. Sales of condominiums decreased by 36 per cent from November 2024 with 119 units sold. Sales of single family homes decreased by 8.4 per cent from November 2024 with 241 sold.

"We observed a slowing of the pace of sales this month that we didn't experience last year at this time," said 2025 Victoria Real Estate Board Chair Dirk VanderWal. "This year-over-year difference in sales does appear to be noteworthy, but it is because last year's sales were distributed differently than they…

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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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Victoria real estate market finds a healthy balance in autumn

October 1, 2025  A total of 554 properties sold in the Victoria Real Estate Board region this September, 3 per cent fewer than the 571 properties sold in September 2024 and 5.5 per cent more than in August 2025. Sales of condominiums decreased by 18.5 per cent from September 2024 with 154 units sold. Sales of single family homes increased by 6.3 per cent from September 2024 with 289 sold.

"September was another stable month for local real estate," said 2025 Victoria Real Estate Board Chair Dirk VanderWal. "Stability is a good thing; we don’t want to see huge fluctuations in price or number of sales in our market. A market like we currently are in, that experiences typical seasonality,…

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