{"id":286,"date":"2025-04-03T15:51:05","date_gmt":"2025-04-03T19:51:05","guid":{"rendered":"https:\/\/www.victorianewhomesgroup.com\/blog\/?p=286"},"modified":"2025-04-03T15:51:34","modified_gmt":"2025-04-03T19:51:34","slug":"march-2025-victoria-real-estate-market-stable-amid-uncertainty","status":"publish","type":"post","link":"https:\/\/www.victorianewhomesgroup.com\/blog\/2025\/04\/03\/march-2025-victoria-real-estate-market-stable-amid-uncertainty\/","title":{"rendered":"March 2025: Victoria Real Estate Market Stable Amid Uncertainty"},"content":{"rendered":"<p class=\"\" data-start=\"69\" data-end=\"338\">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.<\/p>\n<p class=\"\" data-start=\"340\" data-end=\"598\">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.<\/p>\n<p class=\"\" data-start=\"600\" data-end=\"878\">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.<\/p>\n<p class=\"\" data-start=\"880\" data-end=\"1051\">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.<\/p>\n<p data-start=\"880\" data-end=\"1051\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-287 size-full\" src=\"https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2.png\" alt=\"\" width=\"1700\" height=\"2200\" srcset=\"https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2.png 1700w, https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2-232x300.png 232w, https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2-791x1024.png 791w, https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2-768x994.png 768w, https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2-1187x1536.png 1187w, https:\/\/www.victorianewhomesgroup.com\/blog\/wp-content\/uploads\/2025\/04\/VREBNewsReleaseAndSummary-2-1583x2048.png 1583w\" sizes=\"auto, (max-width: 1700px) 100vw, 1700px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &hellip;<\/p>\n","protected":false},"author":2,"featured_media":289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>March 2025: Victoria Real Estate Market Stable Amid Uncertainty - Victoria Real Estate Updates and Trends<\/title>\n<meta name=\"description\" content=\"A total of 613 properties sold in the Victoria Real Estate Board region this March, 4.3 per cent more than the 588 properties sold in March 2024 and 16.1 per cent more than in February 2025. Sales of condominiums were up 14.1 per cent from March 2024 with 202 units sold. Sales of single family homes increased by 2.1 per cent from March 2024 with 292 sold.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.victorianewhomesgroup.com\/blog\/2025\/04\/03\/march-2025-victoria-real-estate-market-stable-amid-uncertainty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"March 2025: Victoria Real Estate Market Stable Amid Uncertainty - Victoria Real Estate Updates and Trends\" \/>\n<meta property=\"og:description\" content=\"A total of 613 properties sold in the Victoria Real Estate Board region this March, 4.3 per cent more than the 588 properties sold in March 2024 and 16.1 per cent more than in February 2025. Sales of condominiums were up 14.1 per cent from March 2024 with 202 units sold. 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