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 the Victoria Real Estate Board Multiple Listing Service® at the end of March 2026, an increase of 12.3 per cent compared to the previous month of February and a 7.9 per cent increase from the 3,023 active listings for sale at the end of March 2025.
“We continue to observe a market which offers plentiful opportunity for both buyers and sellers. The current conditions of good supply and a reasonable level of consumer demand have created fewer high-pressure transactions and allowed time for both sides of the sale to make decisions and undertake due diligence,” notes Chair Kyne. “Every listing is unique in our market. Greater Victoria is a relatively small area which consists of many micro markets with varying conditions and demand. It’s a good time to connect with your favourite local REALTOR® to ensure your property or your purchase gets the correct analysis and strategy it deserves.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2025 was $1,344,900. The benchmark value for the same home in March 2026 decreased by 1.1 per cent to $1,330,200, up from February’s value of $1,307,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in March 2025 was $558,100, while the benchmark value for the same condominium in March 2026 decreased by 0.8 per cent to $553,800, up from the February value of $545,600.
About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,625 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.
*Editor’s note
1. Areas covered by the Victoria Real Estate Board include: Victoria, Vancouver Islands
April 2025 Victoria Real Estate Board Statistics – Victoria real estate activity tempered by political and economic uncertainty A total of 642 properties sold in the Victoria Real Estate Board region this April, 5.3 per cent fewer than the 678 properties sold in April 2024 but 4.7 per cent more than in March 2025. Sales…
November 2024 Victoria Real Estate Board Statistics – A warm start to winter sales in the Victoria real estate market A total of 551 properties sold in the Victoria Real Estate Board region this November, 39.8 per cent more than the 394 properties sold in November 2023 and a 15.7 per cent decrease from October…
Fraser Valley real estate market sees busiest year in 100-year history SURREY, BC – Fueled by the consumer response to the COVID‐19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021 shattered the previous annual record last set in 2016. The FVREB processed 27,692 sales its Multiple…
Metro Vancouver home sales return to more traditional levels in April VANCOUVER, BC – May 3, 2022 – Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. T The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022,…
July 2025 Fraser Valley Real Estate Board Statistics – Fraser Valley real estate sales activity levels off as market enters seasonal slowdown SURREY, BC – Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent gap between buyers’ and sellers’ price expectations continues to suppress sales. The Fraser Valley Real Estate…
1. Areas covered by the Association of Interior REALTORS® Market Statistics include: Central/North Okanagan, Shuswap/ Revelstoke, South Okanagan/ South Peace River Statistics for Related Areas Vancouver Real Estate Stats Fraser Valley Real Estate Stats Victoria Real Estate Stats Statistics from Recent Months September 2022 Okanagan Real Estate Stats August 2022 Okanagan Real…
