In March 2025, 613 properties sold in the Victoria Real Estate Board region, a 4.3% increase from March 2024 and a 16.1% rise from February 2025. Condominium sales rose by 14.1%, with 202 units sold, while single-family home sales increased by 2.1%, totaling 292 homes.
Despite global economic uncertainty, the market remains stable and balanced, according to Victoria Real Estate Board Chair Dirk VanderWal. Inventory levels held steady at over 3,000 listings, offering buyers good selection and providing price predictability.
At the end of March 2025, active listings totaled 3,023, a 14.9% increase from February and a 14.2% rise from March 2024. VanderWal notes that the balanced market has softened demand-side pressures, allowing more time for decision-making, which benefits both buyers and sellers.
In terms of home prices, the benchmark for a single-family home in Victoria Core increased by 3.6% to $1,335,300, while the condominium benchmark rose by 0.4% to $560,400.
