As 2025 came to a close, the Victoria real estate market eased into a quieter pace, reflecting the seasonal slowdown typical of December while still showing signs of overall stability.
December 2025 Sales Snapshot
The Victoria Real Estate Board region recorded 367 total sales in December, representing a 12.8% decrease year over year and an 18.6% drop from November. While activity slowed, performance varied across property types.
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Single-family homes: 186 sales, down just 2.6% year over year, indicating continued resilience
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Condos: 106 sales, a 21.5% year-over-year decline
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Townhomes: 44 sales, down 15.4% year over year
Prices Hold Steady
Despite fewer transactions, average prices across the Victoria Core remained firm, reinforcing a sense of balance rather than correction.
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Single-family homes: approximately $1,255,000
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Condominiums: around $549,900
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Townhomes: near $837,300
These stable price points suggest that motivated buyers and sellers are still finding alignment, even during slower months.
A Strong Finish to 2025
Looking at the full year, 2025 closed with 6,918 total sales, narrowly surpassing 2024 by 0.36%. While growth was modest, the consistency reflects a market that has adjusted to higher interest rates and shifting buyer expectations.
What This Means Heading Into 2026
December’s quieter activity does not point to weakness, but rather a market catching its breath. Inventory levels, pricing stability, and steady detached home sales suggest a foundation that could support renewed momentum as we move into a new market cycle.
For buyers, this environment may present opportunities to negotiate thoughtfully. For sellers, pricing and timing will be key in capturing serious demand.
If you’re considering a move in 2026, now is the time to start planning. A well-informed strategy can make all the difference in a balanced market.
