May 1, 2026
Victoria Real Estate Market Report for April 2026
A total of 643 properties sold in the Victoria Real Estate Board region this April, 0.2 per cent more than the 642 properties sold in April 2025 and 11.1 per cent more than in March 2026. Sales of condominiums increased by 5.9 per cent from April 2025 with 198 units sold. Sales of single family homes decreased by 1.2 per cent from April 2025 with 331 sold.
“The overall market in Greater Victoria continues to remain in balance,” said Victoria Real Estate Board Chair Fergus Kyne. “Inventory levels are staying strong, and new listings coming onto market in recent weeks will help serve our traditionally busy spring season. The collective track record from the past several months of balance and stability in our market is likely underpinning the confidence of buyers and sellers this season.”
There were 3,710 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2026, an increase of 13.8 per cent compared to the previous month of March and an 8.3 per cent increase from the 3,425 active listings for sale at the end of April 2025.
“Current not-too-hot and not-too-cold conditions are setting the stage for a very reasonable spring market for consumers,” notes Chair Kyne. “It’s a Goldilocks real estate market leading into our busier months – and there is choice, inventory is diverse, there is a wide range of properties at different price points, and interest by buyers is also brisk. Of course, your experience can vary depending on where and what type of property you seek in our area, which consists of many different micro-markets. If you’re considering a move this spring season, it’s a great time to connect with your favourite local REALTOR® to weigh your options.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2025 was $1,354,800. The benchmark value for the same home in April 2026 decreased by 1.2 per cent to $1,339,100, up from March’s value of $1,330,200. The MLS® HPI benchmark value for a condominium in the Victoria Core area in April 2025 was $562,900, while the benchmark value for the same condominium in April 2026 decreased by 0.8 per cent to $558,300, up from the March value of $553,800.
Review the April statistics package here.
The release and the full statistics package will be posted to the VREB website at www.vreb.org/current-statistics later this afternoon.
