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Victoria
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Market statistics

Track condo market trends in Greater Victoria

Monthly market stats for freehold strata condominiums across Greater Victoria

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greater victoria, capital region

Condo Market Statistics & Analysis

We provide data analysis of freehold strata condominiums. The geographic coverage area includes the following 13 municipalities: Victoria, Esquimalt, Oak Bay, Saanich, Central Saanich, North Saanich, Sidney, Colwood, Langford, View Royal, Metchosin, Sooke, Highlands

Greater Victoria condo market, October 2026

The median sold price for a condo apartment in Greater Victoria was $515,000 in October 2026, from 131 sales. In October 2026 there were 131 condo sales against 863 active listings, a sales-to-active-listings ratio of 15.2%. That is a balanced market. In October 2025 the median was $535,000 from 147 sales. The October 2026 median of $515,000 is 3.7% lower.

By unit type, October 2026
Unit typeMedian sold priceSalesActive listingsSales-to-activeMarketMedian days on marketSale-to-list
All condos$515,00013186315.2%Balanced market3597.3%
1 bedroom$436,0003129610.5%Buyer's market3697.7%
2 bedroom$557,5009451518.3%Balanced market3397.3%
Monthly, last 12 complete months (all condo apartments)
MonthMedian sold priceSalesActive listingsSales-to-activeMarket
Oct 2026$515,00013186315.2%Balanced market
Sep 2026$535,00012788814.3%Balanced market
Aug 2026$515,00016083819.1%Balanced market
Jul 2026$525,00022090124.4%Seller's market
Jun 2026$524,89518898619.1%Balanced market
May 2026$550,0001761,01417.4%Balanced market
Apr 2026$538,00020489422.8%Seller's market
Mar 2026$539,95016484019.5%Balanced market
Feb 2026$555,00015374420.6%Seller's market
Jan 2026$536,50011863918.5%Balanced market
Dec 2025$545,0009957917.1%Balanced market
Nov 2025$550,00012376616.1%Balanced market

Source: Freehold strata condo apartments sold on the VREB MLS® system in 13 municipalities: Victoria, Saanich, Oak Bay, Esquimalt, View Royal, Langford, Colwood, Sooke, Metchosin, Highlands, Sidney, North Saanich and Central Saanich. Townhouses and leasehold units are excluded. Medians are pooled across all sales in the month. Active listings are counted at month end. Complete months only; the current month is added once it closes. Compiled by 8X Real Estate. Updated 2026-11-10.

Condo market questions

What is the median condo price in Victoria BC?

The median sold price for a condo apartment in Greater Victoria was $515,000 in October 2026, from 131 sales. In October 2025 the median was $535,000 from 147 sales. The October 2026 median of $515,000 is 3.7% lower.

How much does a 1-bedroom condo cost in Victoria BC?

The median sold price for a 1-bedroom condo in Greater Victoria was $436,000 in October 2026, from 31 sales, with 296 1-bedroom condos for sale at month end.

How much does a 2-bedroom condo cost in Victoria BC?

The median sold price for a 2-bedroom condo in Greater Victoria was $557,500 in October 2026, from 94 sales, with 515 2-bedroom condos for sale at month end.

Is Victoria a buyer's or seller's market for condos?

In October 2026 there were 131 condo sales against 863 active listings, a sales-to-active-listings ratio of 15.2%. That is a balanced market. Below 12% is a buyer's market, 12% to 20% is balanced, and above 20% is a seller's market.

How many condos are for sale in Greater Victoria?

863 condo apartments were listed for sale across Greater Victoria at the end of October 2026.

Are condo prices in Victoria going up or down?

In October 2025 the median was $535,000 from 147 sales. The October 2026 median of $515,000 is 3.7% lower. Over the last 12 complete months the monthly median ranged from $515,000 (Aug 2026, 160 sales) to $555,000 (Feb 2026, 153 sales).

How long does it take to sell a condo in Victoria BC?

The median condo in Greater Victoria sold in 35 days in October 2026, at 97.3% of its list price (131 sales).

What does this condo data cover?

Freehold strata condo apartments sold on the VREB MLS® system in 13 municipalities: Victoria, Saanich, Oak Bay, Esquimalt, View Royal, Langford, Colwood, Sooke, Metchosin, Highlands, Sidney, North Saanich and Central Saanich. Townhouses and leasehold units are excluded. Medians are pooled across all sales in the month. Active listings are counted at month end. Complete months only; the current month is added once it closes.

Building by building: Victoria condo building directory. By area: Victoria, Saanich, Langford, Esquimalt, Sidney.

Median Sale Price and Sales Volume last 24 months

Condo Market Stats
Greater Victoria · Freehold Strata Condominiums
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Total Sales
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Median Price
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Sales Volume
Median Price
Source: MLS® via Repliers
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Condo Market Stats
Sales Volume
Median Price
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Median Sale Price 8 Year by Bedroom Type
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Stats by bedroom count / unit type

Median sale price is our preferred metric to track pricing trends.
‍
Sales to Active Listing Ratio informs us about the status of the market:
Buyers' Market: Sales / Active Listings < 12%
Balanced Market: Sales / Active Listings between 12% - 20%
Sellers' Market: Sales / Active Listings >20%
‍
Sales-to-active listings ratio measures supply and demand by looking at the total supply of homes for sale compared to sales during the month. Buyers’, sellers’, and balanced markets are terms that describe whether the market is putting upward, downward, or no pressure on home prices. Buyers’ markets typically occur when the sales-to-active listings ratio dips below the 12 per cent mark, while sellers’ markets tend to occur when it surpasses 20 per cent for sustained periods.

Condo Market Statistics

Greater Victoria — Freehold & Strata Condominiums

Bedrooms
Region
Sales
Active Listings
Sellers >20%
Balanced 12–20%
Buyers <12%
Loading market data…
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Source: VREB via Repliers (sales, median) & 8X Market Intelligence (end-of-month active inventory)
Condo apartments only, freehold/strata — Victoria Core, Westshore, Peninsula (13 municipalities)
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Find your perfect condo to call home

01
Property Selection

We promptly filter through the noise and search for the perfect match. Your 'must have' criteria is weighed with the 'nice to have'.
We hunt for on-market and off-market opportunities.

02
Market Analysis

Beyond finding the right property—we also ensure you pay a fair price. Our comprehensive market analysis provides you with an in-depth understanding of current market conditions, recent sales, and property values. With our expert insights, you can confidently make informed decisions and secure the best possible deal.

03
Offer Negotiation

We safeguard your interests by expertly negotiating offers to secure the best price and terms for your property purchase. As seasoned negotiators we understand the nuances of the market and use strategic approaches to advocate for you, ensuring you receive the most favourable deal possible.

04
Turnover and Move-in

We make your transition into your new home smooth and hassle-free. Our comprehensive turnover services include professional cleaning and meticulous preparation, ensuring your new property is move-in ready. We handle every detail, so you can focus on settling in and enjoying your new space.

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Please feel free to contact us at any time for further information about content on this site, or to discuss any matters pertaining to residential or commercial real estate.

‍8X specializes in the acquisition and disposition of real estate assets including single family homes, downtown condominiums, retail, office and apartment properties, as well as land with development potential.

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