Monthly Update

April 2025 was one of the slowest real estate months in over 20 years for Victoria—but rising inventory and steady prices are creating fresh opportunities for buyers and savvy sellers.

Victoria maintains resiliency in the market with sales volume increasing, while Vancouver and Toronto are in a slump.

February 2025 Victoria real estate market update: Home sales surged by 12.3% year-over-year, with 528 properties sold. Inventory grew by 11.3%, while single-family home prices rose 3.7% to $1.31M. The market remains balanced, creating opportunities for both buyers and sellers. Read the full report.

The year started off strong with significant improvements in sales volume. Buyer's are taking advantage of lower interest rates, while homeowner's are more willing to put their homes on the market adding a healthy amount of inventory.