Mayfair Real Estate

Shopping hub with family-friendly homes and excellent transit links

Mayfair

Victoria

Shopping hub with family-friendly homes and excellent transit links
$885K
Median SOLD price
3 month
12
active now
35
avg. day on market
N/A
Yoy median price change
Explore all of
Victoria

Mayfair is Victoria's shopping hub, with family-friendly homes and excellent transit links radiating from Mayfair Shopping Centre and the Douglas Street corridor. Topaz Park, the Galloping Goose connector, and the Save-On-Foods Memorial Centre are all minutes away, making the area a practical pick for buyers who want errands on foot. Mayfair real estate mixes 1940s and 1950s bungalows on residential side streets with a growing pocket of new townhomes and mid-rise condos near Douglas. There are 6 homes for sale at a median of $985K. Houses move in 33 days, with prices year-over-year. Browse every Mayfair listing below with sold data and live market stats. Explore the live Mayfair market dashboard for 24-month price trends, inventory and days-on-market.

Mayfair

Market Pulse

Live Data
$604
Avg Price per Sqft
Jun–Aug 2026
35
Avg. Days on Market
Jun–Aug 2026
103.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
97.0%
Avg. Sale-to-List Ratio
Below list · Jun–Aug 2026

Months of Inventory (MOI)

The time it would take to sell all current listings at the current sales pace. Responsive to filters.

— MOI
Seller's (< 4) Balanced (4-6) Buyer's (> 6)
Current Status
From live data
Sales Volume 12 months
22 Sales · Apr 2025
Monthly Sales Trend
12-month rolling · Updated live
22 Sales · Apr 2025
Median Sale Price 12 months
$1.2M Median · Apr 2025
Median Price Trend
12-month rolling · Updated live
$1.2M Median · Apr 2025
market analysis

How the Mayfair market is moving

Median sold prices in Mayfair are down 11.7% compared with a year ago, and homes trade at a median of $579 per square foot. By property type, Mayfair sees single-family homes around $985K, condos around $543K, townhomes around $785K. Recently, 16% of sales closed above the asking price, with homes averaging 37 days on market. Sale prices have been running near 103% of BC Assessment value. Sales activity tends to peak around July and is quietest around October, a useful signal for timing a purchase or sale.

Questions about

Mayfair

?

Get the inside scoop on off-market listings and upcoming inventory from our local specialist.

778.678.9815
DUSTIN MILLER
Contact Me
on the market

Active Listings

Browse current properties for sale in this municipality

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

transaction history

Recently Sold in

Mayfair

log out (VOW Account)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

by property type

Mayfair homes by type

Mayfair Townhomes for Sale

1 for sale
median $785K

Mayfair townhomes sold prices & stats →
listings

Mayfair homes for sale

12 homes for sale in Mayfair
explore

More Victoria neighbourhoods

All Victoria homes for sale →
questions & answers

Mayfair real estate FAQ

Is Mayfair a buyer's or seller's market right now?
Mayfair is currently a seller's market with 3.6 months of inventory (MOI). There are 12 active listings and approximately 2 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Mayfair?
The current median home price in Mayfair is $895K. This is down 11.7% compared to the same period last year. This is based on 69 sales over the past 12 months.
How should I price my home in Mayfair?
Homes in Mayfair are currently selling at 98.0% of their list price, with an average of 37 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 16% sold above list price and 74% sold below.
How long do homes take to sell in Mayfair?
Homes in Mayfair currently take an average of 37 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Mayfair?
The median price per square foot in Mayfair is $579. This metric is useful for comparing value across different property sizes and types.
Are homes in Mayfair selling above or below assessed value?
Homes in Mayfair are selling at an average of 103.0% of their BC Assessment value (based on 8 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.
How many homes are selling in Mayfair?
In the last 30 days, 2 homes sold in Mayfair. Over the past 12 months, 69 properties have sold. There are currently 12 active listings on the market.
Are real estate sales increasing or decreasing in Mayfair?
Sales volume in Mayfair has been decreasing over the last 3 months: Jun 2026 (3 sales), Jul 2026 (5 sales), Aug 2026 (2 sales). Over the full 12-month period, there were 69 total sales.
How many homes, condos, and townhomes are for sale in Mayfair?
There are currently 12 properties for sale in Mayfair, including 6 single family homes, 5 condos, 1 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Mayfair?
The median single family home price in Mayfair is $985K. The single family market is currently a seller's market with 2.6 months of inventory. Houses take an average of 33 days to sell. The median price per square foot is $597. Browse all 6 houses currently for sale in Mayfair to see what is on the market.
What is the condo market like in Mayfair?
The median condo price in Mayfair is $543K. The condo market is currently a balanced market with 5 months of inventory. Condos take an average of 63 days to sell. The median price per square foot for condos is $548. There were 10 condo sales in the past 12 months. There are 5 condos for sale in Mayfair right now.
What homes have recently sold in Mayfair and for how much?
There have been 69 homes sold in Mayfair over the past 12 months, with 2 selling in the last 30 days. The median sold price is $895K. Recent median sold prices: Jun 2026: $885K, Jul 2026: $800K, Aug 2026: $1.10M. Every sale is listed in the recently sold section on this page, with photos, sold prices, and days on market.
What houses have recently sold in Mayfair?
46 houses have sold in Mayfair over the past 12 months, with 2 selling in the last 30 days. The median sold price for houses is $985K. Recent median prices: Jun 2026: $1.09M, Jul 2026: $882K, Aug 2026: $1.10M. Individual house sales are listed in the recently sold section on this page.
What condos have recently sold in Mayfair?
10 condos have sold in Mayfair over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $543K. Recent median prices: Mar 2026: $550K, Apr 2026: $392K, May 2026: $508K. Individual condo sales are listed in the recently sold section on this page.
12 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate