Victoria Real Estate Market Report for June 2026

July 2, 2026. A total of 719 properties were sold in the Victoria Real Estate Board region this June, 5.5 per cent fewer than the 761 properties sold in June 2025 and 0.8 per cent more than sold in May 2026. Sales of condominiums decreased by 26.9 per cent from June 2025, with 182 units sold. Sales of single-family homes decreased by 3.5 per cent from June 2025, with 388 sold.

“The second quarter of 2026 continues the trend we’ve been reporting over the past months as inventory levels have gradually increased and created more choice for consumers,” said Victoria Real Estate Board Chair Fergus Kyne. “Our market remains active and balanced, but we’re no longer operating in the low-inventory environment that drove intense competition and pressure on pricing during the pandemic years. Today’s buyers have more options and more time to make informed decisions.”

There were 4,054 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of June 2026, an increase of 0.6 per cent compared to the previous month of May and a 7.3 per cent increase from the 3,778 active listings for sale at the end of June 2025.

“With inventory at levels we’ve not seen in several years, buyers are carefully comparing properties and looking for really strong value,” notes Chair Kyne. “Today’s market rewards preparation, pricing, and presentation. If you’re considering selling your home, your REALTOR® can help you understand the current market conditions, accurately assess your home’s present value, and position your property to stand out and compete in a market where buyers have plenty of choice. If you’re buying, your Realtor will help you identify your ideal property and lead you through your optimal negotiation strategy.”

 

Benchmark Pricing

The Multiple Listing Service® Home Price Index benchmark value for a single-family home in the Victoria Core in June 2025 was $1,334,500. The benchmark value for the same home in June 2026 decreased by 0.6 per cent to $1,326,500, down from May’s value of $1,339,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in June 2025 was $559,900, while the benchmark value for the same condominium in June 2026 decreased by 1.9 per cent to $549,200, down from the May value of $551,400.