Core house market — prices, sold data & trends
trend explorer
How the market moved
interactive 24-mo series
market state
The current Core snapshot
single family
- Active listings
- 516−5.7% 1YAug '25–Jul '26
- Sales · period
- 1,533−4.7% 1YAug '25–Jul '26
- New listings
- 2,942+13.2% 1YAug '25–Jul '26
- Median days on market
- 26days+14.5% 1Yn = 1,533 sales · Aug '25–Jul '26
- Sale-to-list ratio
- 97.5%−0.7 pts 1Yn = 1,533 sales · Aug '25–Jul '26
- Over-asking rate
- 17.5%−4.8 pts 1Yn = 1,533 sales · Aug '25–Jul '26268 of 1533 salesmedian +$25k over asking
- Sale-to-assessed
- 102.0%−1.4 pts 1Yn = 1,531 sales · Aug '25–Jul '26
- Months of inventory
- 3.0mo−0.3% 1YAug '25–Jul '26
- Median price
- $1.25M−1.0% 1Yn = 1,533 sales · Aug '25–Jul '26
- Average price
- $1.45M−0.4% 1Yn = 1,533 sales · Aug '25–Jul '26
- Price per sq ft
- $582/sqft−2.1% 1Yn = 1,531 sales · Aug '25–Jul '26
- Price reductions
- 20.3%+1.6 pts 1YAug '25–Jul '26
Repliers MLS · BC Assessment · 8X derived · pooled over · figures below 10 sales carry no percentage change
by municipality
Across the region
13 municipalities median detached
median detached · pooled 3 months · May 2026 – Jul 2026 · change vs prior 3 months · 1 area below 10 sales shown without a trend
macro context
The backdrop
always at native resolution
- 5-yr posted mortgageCanada
- 6.09%unch WoWBoC Valet ·
- 5-yr GoC bond yieldCanada
- 3.17%+1 bp WoWBoC Valet ·
- BC CPI · YoYBritish Columbia
- 2.2%coolingStatCan 18-10-0004 ·
- Victoria unemploymentVictoria CMA
- 4.6%+0.2 ptsStatCan LFS 14-10-0459 ·
- Net non-perm. residentsVictoria CMA
- +8,4002025StatCan 17-10-0014 ·
- Victoria CMA populationVictoria CMA
- 432.1K+2.1% YoYStatCan 17-10-0148 ·
The posted rate is an administered benchmark — it prices penalties and stress tests, not mortgages. Real 5-yr fixed money is ~2.0 points cheaper.
victoria lens · The typical detached purchase here — $1M+ with 20% down — prices in the 20% or more down(uninsured) column, and $1M+ files can’t be bulk-insured, so a real quote can land a touch above it. A sub-$1M condo with 20% down can price a touch below it.
| 5-yr fixed | 5-yr variable | |||
|---|---|---|---|---|
| lender | under 20% | 20%+ | under 20% | 20%+ |
| Coast Capital | 4.04 (lowest) | 4.44 (lowest) | 3.79 | 3.94 (lowest) |
| Vancity | 4.44 | 4.54 | 3.95 | 3.95 |
| First National | 4.49 | 4.54 | 3.70 (lowest) | 3.95 |
| CIBC | 4.59 | 4.94 | 3.95 | 4.10 |
| BMO | 4.74 | 4.84 | 4.10 | 4.10 |
| TD | 4.84 | 4.84 | 4.29 | 4.29 |
| RBC | 4.89 | 4.89 | 3.95 | 3.95 |
5-yr fixed with under 20% down runs 4.04 (Coast Capital) to 4.89 (RBC) — 85 bp between banks on the same borrower.
Green = lowest in column. Tracked lenders without a published BC quote today are not shown.
First capture — the line draws in as weekly captures accumulate.
Rates via WOWA.ca · advertised rates from lenders 8X clients can be placed with · captured
From registration to completion
sequential stages · Greater VictoriaStage vintages differ from the MLS figures above and from each other — each stage carries its own as-of date. Source bundle refreshed 12 Jul 2026.
rental market
What it rents for
Victoria CMA asking rents
Asking rents & vacancy (Victoria CMA) · coming soon
Methodology — sources and resolution contract
Full methodology & metric definitionsWhat buyers & sellers ask about the Core market
Answers update with the market · data as of
Is Core a buyer's or seller's market?
How much does a house cost in Core?
Are houses in Core selling over asking?
How long do houses take to sell in Core?
Are home prices going up or down in Core?
Is now a good time to buy or sell in Core?
What is the best time of year to sell a home in Core?
How many houses are for sale in Core?
Do houses in Core sell for more than their assessed value?
Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.