Greater Victoria, BC

Real Estate Market

Live market data and trends

November 2025

Single Family Home
$1,132,750
-1.0%vs last year
Condominium
$546,500
+0.5%vs last year
Monthly Sales
451
-18.1%vs last year
Months of Inventory
5.9
Sales to Listings
55.0%
New Listings
820
5-Year Rate
5.1%
Affordability
52.7%
Condos per SFH
2.1

Historical Trends

Price Trends
Median prices by property type over time
Sales Volume
Monthly sales by property type
Market Health
Sales-to-listings ratio and months of inventory

Sales/Listings: >60% Seller's Market · 40-60% Balanced · <40% Buyer's Market

Affordability Index
Housing affordability by property type (lower is more affordable)
Percentage of median income required for mortgage payments
Market Inventory
Active listings and new listings over time
Rising inventory typically indicates a shift toward a buyer's market
Price Index (MLS HPI)
Home Price Index - smoothed price trends over time
Home Price Index provides a smoothed view of price trends, less volatile than monthly medians
Mortgage Payment vs Income
Monthly mortgage payment on median SFH (20% down, 25yr)
Based on median SFH price with 20% down payment and 25-year amortization. Dashed line shows median household income for comparison.
Interest Rates
Bank of Canada rate, bond yields, and mortgage rates
BoC policy rate influences bond yields, which drive fixed mortgage rates