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		<title>Victoria Real Estate Market Update-August 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-august-2026-2/</link>
					<comments>https://dalesheppard.com/victoria-real-estate-market-update-august-2026-2/#respond</comments>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Tue, 11 Aug 2026 20:28:20 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2026]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
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					<description><![CDATA[<p>August 2026 The Victoria Real Estate market is in cruise control this summer. Sales numbers in July were typical for a summer month while there was some downward pressure on prices. The market remains in a slower phase this year with Interest rates remaining unchanged so there is no urgency in the market, leaving Buyers [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-august-2026-2/">Victoria Real Estate Market Update-August 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="wp-image-6737 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/08/pexels-ralph-407274-7458091-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/08/pexels-ralph-407274-7458091-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/08/pexels-ralph-407274-7458091-1-1024x682.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/08/pexels-ralph-407274-7458091-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/08/pexels-ralph-407274-7458091-1.jpg 1280w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>August 2026</h2>
<p>The Victoria Real Estate market is in cruise control this summer. Sales numbers in July were typical for a summer month while there was some downward pressure on prices. The market remains in a slower phase this year with Interest rates remaining unchanged so there is no urgency in the market, leaving Buyers with lots of time to shop around for the right home. Sellers must be well priced to attract offers. Not much should change over the coming months.</p>
<p class="mcePastedContent last-child">Below are some statistics for July 2026 throughout the Greater Victoria region.</p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 3,847 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of July 2026, a decrease of 5.1% compared to the previous month of June and a 3.9% increase from the 3,703 active listings for sale at the end of July 2025. While inventory is up from 2025, overall listing numbers are down from the previous month, but only slightly. The market is still tilted in the Buyers direction and should remain so throughout this year.</p>
<h3><strong><span style="text-decoration: underline;">Sales:</span></strong></h3>
<p>A total of 673 properties were sold in the Victoria Real Estate Board region this July, 1% fewer than the 680 properties sold in July 2025 and 6.4% fewer than sold in June 2026. Sales of condominiums decreased by 7.1% from July 2025, with 209 units sold. Sales of single family homes increased by 4.1% from July 2025, with 331 sold. These numbers are consistent with the 5-year seasonal average and have remained relatively unchanged compared to the last few summer markets. However, with only one in six homes selling in any given month due to the high listing inventory, Sellers must  price their homes correctly to attract showings and offers. Over priced homes are not selling.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in July 2025 was $1,348,400. The benchmark value for the same home in July 2026 decreased by 2.8% to $1,311,000, down from June’s value of $1,326,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in July 2025 was $561,200, while the benchmark value for the same condominium in July 2026 decreased by 2.2% to $548,600, down from the June value of $549,200. While prices dropped slightly from June of this year, the overall prices are also down almost 3% from 2025. This lower price trend could continue for the foreseeable future if inventory remains high and interest rates remain unchanged through 2026.</p>
<h6><strong>About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,609 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market</strong></h6>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below</strong></p>
<p style="text-align: center;">🌐 <a href="http://Visit: https://www.vreb.org/current-statistics#gsc.tab=0">Visit: https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>If you or any of your family or friends require any real estate related information, feel free to contact Dale at 250-744-0844, or email him through his website: www.dalesheppard.com</p>
<p>📞 Call me at 250-744-0844</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p><img decoding="async" class="wp-image-6819 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/08/10-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>4468 Autumnwood Lane, $1,559,800</strong></p>
<p><span class="wrapped-field d182m6">Private, quiet, and perfectly positioned, this exceptional Broadmead home is tucked away at the end of a peaceful cul-de-sac on a rare sun-soaked 0.49-acre property. Elevated above neighbouring homes and surrounded by mature trees, it offers nearly 2,500 sq.ft. of flexible living space with 3 spacious bedrooms, 3 bathrooms, multiple living areas, and a spa-inspired primary suite. Over 750 sq.ft. of wraparound decks let you enjoy the sun from morning to evening, while the fully fenced, park-like backyard is perfect for pets and entertaining. Bright, sunny interiors feature large windows, an updated kitchen and bathrooms with quartz counters, new appliances, new skylight, new vinyl flooring, recent paint, and partial window updates. Complete with a double garage, wood-burning fireplaces, ample storage, and good sized turnaround driveway, this is a private retreat in one of Victoria&#8217;s most sought-after neighbourhoods. </span></p>
<p style="text-align: center;">View Listing here: <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1044785-4468-autumnwood-lane-saanich-v8x-4v8.109484025">https://dalesheppard.com/search-listings/featured-listings/#!listing.1044785-4468-autumnwood-lane-saanich-v8x-4v8.109484025</a></p>
<p>&nbsp;</p>
<p><img decoding="async" class="wp-image-6590 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/07/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>312-1535 Pandora Ave, $429,800</strong></p>
<p style="text-align: center;"><span class="wrapped-field d182m6">Stadacona Centre is a sought after condo/commercial complex located in the heart of Fernwood, only minutes to downtown Victoria. Spacious 2 bed, 2 bath condo, almost 1000sq/ft, with a large east facing balcony, ideal to take advantage of the morning sun. Large primary bedroom with 2 piece ensuite. Cozy living room, separate dining area and nice functional kitchen. Long list of amenities include Indoor Pool, Sauna, Hot Tub, Recroom, Hobby Room, Gym, Reading Room, Bike area, Courtyard and a Common Garden. unit comes with 1 Secure underground Parking and a separate storage locker. Large shared laundry room. Local commercial stores on lower level. On bus route, and short walk to amenities, close to Oak Bay Village, and across from Stadacona Park with tennis courts. Easy access to UVic, Camosun, Royal Jubilee Hospital, and Downtown.</span></p>
<p style="text-align: center;">View Listing here: <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1044954-312-1545-pandora-ave-victoria-v8r-6r1.109465453">https://dalesheppard.com/search-listings/featured-listings/#!listing.1043228-312-1545-pandora-ave-victoria-v8r-6r1.109320611</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-6593 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>2909 Cressida Crescent, $1,027,800</strong></p>
<p style="text-align: center;">Welcome to this meticulously maintained one-owner family home in the desirable Goldstream neighbourhood in Langford. Built in 1982, this 2 level home is close to 2500 sq/ft and has an entry level above ground basement. 3 bedrooms up, 2 down. Lots of updates including laminate flooring, semi-ensuite bathroom, and a stylish kitchen w/stainless appliances and access to a large south facing deck, perfect for outdoor entertaining. The spacious living-dining area features a cozy gas fireplace, skylight and mountain views. Self-contained lower level includes separate entrance, private laundry, modern kitchen with eating bar, and beautifully updated bath with heated floors—ideal for extended family. Set on a Sunny South facing level rear yard, fenced &amp; nicely landscaped. Single garage plus offering ample parking for an RV or boat. Backs onto a popular public family play park and short walk to local schools, and 10 minute drive to Langford amenities at Belmont Centre. Measurements approximate.</p>
<p style="text-align: center;">View Listing here: <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1042277-2909-cressida-cres-langford-v8x-3x2.109309472">https://dalesheppard.com/search-listings/featured-listings/#!listing.1042277-2909-cressida-cres-langford-v8x-3&#215;2.109309472</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-6595 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/07/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>9394 Brookwood Drive, $579,800</strong></p>
<p>Welcome to the popular Summergate Village, a highly sought after 55+ bare land strata community offering easy, low maintenance living located within a beautiful tree lined community by Reay Creek Park with walking the trails that meander along the creek. Located on a quiet cul-de-sac, this home offers a bright interior with an excellent open layout, featuring a spacious kitchen, 2 large bedrooms, 2 full bathrooms, family room and a sunroom. Perfectly positioned to capture natural light, the home boasts large windows, skylight, new laminate floor and mini-split heat pump for air conditioning in the summer. Nicely landscaped, in-ground sprinkler system, ample parking. Reasonable strata fee contributes to many shared amenities including recreation center with indoor pool, hot tub, billiards, shuffleboard, library &amp; workshop. Close to the airport, ferries and transit. Secure, welcoming, and ideal for retirement living, this is one of the finest opportunities available in Summergate today.</p>
<p style="text-align: center;">View Listing here:<a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1043533-9394-brookwood-dr-sidney-v8l-4h3.109331395"> https://dalesheppard.com/search-listings/featured-listings/#!listing.1043533-9394-brookwood-dr-sidney-v8l-4h3.109331395</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-6492 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/07/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>6869 Laura&#8217;s Lane, Sooke, $549,800</strong></p>
<p style="text-align: center;">Enjoy easy, low-maintenance living in this well-cared for 3 bed, 3 bath half-duplex offering nearly 1,700 sq. ft. of functional living space. The 2 level layout features a bright, open-concept main floor with a modern kitchen with peninsula and pantry, spacious dining area, cozy living room with electric fireplace, plus a 2-pc bath &amp; laundry. Step onto the covered deck overlooking the fully fenced low-maintenance yard with large patio and gazebo area plus a detached storage shed, planter boxes, cherry tree &amp; under-deck storage. Downstairs features the generous primary suite with a walk-in closet and 3-pc ensuite, plus two additional bedrooms and a full 4-piece bath. 3 Mini split heat pumps offer air conditioning in the summer. An attached single garage provides extra storage. Leased security system with monthly monitoring. 2014 Hot water Tank. Conveniently located close to parks, shopping, schools, and transit, this move-in-ready home offers comfort, convenience, and exceptional value.</p>
<p style="text-align: center;">View Listing here: <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1045112-6869-laura-s-lane-sooke-v9z-0p8.109477701">https://dalesheppard.com/search-listings/featured-listings/#!listing.1041555-6869-laura-s-lane-sooke-v9z-0p8.109225567</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-6303 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/06/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>203-938 Dunford Ave $509,800</strong></p>
<p style="text-align: center;">Spacious and bright 2 bedroom, 2 bathroom condo ideally located within walking distance to many of Langford’s top amenities plus this condo comes with 2 parking spots. Vacant for Quick Possession. At almost 1000 sq/ft, this open-concept layout is one of the best in the complex with separate hallway at entrance plus larger dining area in front of kitchen. Very favourable layout and close to elevator. Balcony faces West &#8211; quiet side of building. Kitchen features stainless appliances, stone counters, seamlessly connecting to the main dining/living area, great for entertaining. Large windows, high ceilings, LED pot lights &amp; durable vinyl flooring. The generous primary bedroom includes walk-through closet and a private 4-piece ensuite with a relaxing soaker tub. In-suite laundry and separate storage locker. Pet friendly complex allows 2 pets. Located minutes from Westhills Stadium, Langford Lake, Belmont Market, Westshore Town Centre, the YMCA, bowling, ice rinks, soccer fields, trails &amp; more.</p>
<p style="text-align: center;">View Listing here: <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1038401-203-938-dunford-ave-langford-v9b-0m2.109052927">https://dalesheppard.com/search-listings/featured-listings/#!listing.1038401-203-938-dunford-ave-langford-v9b-0m2.109052927</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5512 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>485 Sturdee St  $799,800</strong></p>
<p style="text-align: center;">Situated in a Popular Esquimalt location, this well-maintained two-level 1/2 duplex family home offers bright southern exposure and is located on a fantastic quiet no thru road, just half a block to the ocean. Built in 1996 with 3 beds and 2 full baths, with 1686 Sq.ft. on 2 levels. The main floor offers a spacious living and dining areas, a generous primary bedroom with ensuite, and a beautiful European-style kitchen that opens to a large south-facing deck—perfect for entertaining and soaking up the sun. The lower level features a welcoming entry, two bedrooms, and a full bath—ideal for guests, family, or home office space. Outside, enjoy a fenced, private rear yard and garden, storage shed, and a separate single garage plus a large carport under the deck. Short walk to Esquimalt town centre for all local amenities, close to Saxe Point and 10 minutes to downtown Victoria.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1034905-485-sturdee-st-esquimalt-v9a-6r2.108696657">https://dalesheppard.com/search-listings/featured-listings/#!listing.1034905-485-sturdee-st-esquimalt-v9a-6r2.108696657</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5955 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>7 199 Atkins Rd  $799,800</strong></p>
<p style="text-align: center;">Creekside Glen is a small enclave of 14 townhouse tucked away in a quiet and private rural location backing onto Millstream Creek, close to Kelvin Grove. Beautiful setting to call home. Spacious 3 level townhouse at just over 2100 sq/ft, 4 bedrooms, 4 bathrooms, main floor with open concept living, kitchen and eating bar, dining area and living room with wood floors and a cozy gas F/P, all leading to a private rear deck over looking the greenspace. Upstairs has 3 spacious bedrooms, main bathroom and a 4 piece ensuite and walk-in closet in Primary bedroom. Lowest level has a large family room, 4th bedroom, full bathroom, den and lots of storage plus a walk-out lower private rear patio area. Single garage for parking. Well run complex. Great central location, surrounded by nature, minutes to Thetis Lake, Galloping goose Trail with quick access to the highway, 10 minutes to Costco, 30 minutes to downtown.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1037091-7-199-atkins-rd-view-royal-v9b-2z9.108774145">https://dalesheppard.com/search-listings/featured-listings/#!listing.1033107-7-199-atkins-rd-view-royal-v9b-2z9.108582990</a></p>
<p>&nbsp;</p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-august-2026-2/">Victoria Real Estate Market Update-August 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<title>Victoria Real Estate Market Update-May 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-may-2026-2/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Wed, 13 May 2026 16:23:13 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
		<guid isPermaLink="false">https://dalesheppard.com/?p=5952</guid>

					<description><![CDATA[<p>May 2026 Victoria Real Estate Board Market Report &#8211; May 2026 The Spring Market in Victoria is well underway with sales picking up moderately. April started off slow but ended with stronger sales numbers. Our market is very resilient as prices are remaining stable, but there are downward pressures due to global uncertainty, higher interest [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-may-2026-2/">Victoria Real Estate Market Update-May 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-5953 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/05/elin-melaas-1PcJuvMvcLg-unsplash-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>May 2026</h2>
<p>Victoria Real Estate Board Market Report &#8211; May 2026<br />
The Spring Market in Victoria is well underway with sales picking up moderately. April started off slow but ended with stronger sales numbers. Our market is very resilient as prices are remaining stable, but there are downward pressures due to global uncertainty, higher interest rates and higher listing inventory. Buyers are in a strong position to negotiate on prices, while Sellers must price sharply to attract offers.</p>
<p><em>Below are some statistics for April 2026 throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>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 % compared to the previous month of March and an 8.3 % increase from the 3,425 active listings for sale at the end of April 2025. Inventory is still rising which could eventually put some downward pressure on prices, while listings are currently sitting longer on the market.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 643 properties sold in the Victoria Real Estate Board region this April, 0.2 % more than the 642 properties sold in April 2025 and 11.1 % more than in March 2026. Sales of condominiums increased by 5.9 % from April 2025 with 198 units sold. Sales of single family homes decreased by 1.2 % from April 2025 with 331 sold. While sales numbers are up slightly this month compared to the previous month, overall sales are considerably lower than historical seasonal averages for this time of the year.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>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 % 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 % to $558,300, up from the March value of $553,800. While prices are up slightly from last month, overall averages remain below 2025 levels. With interest rates remaining unchanged this year, house prices should remain stable in the coming months.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5512 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>485 Sturdee St  $799,800</strong></p>
<p style="text-align: center;">Situated in a Popular Esquimalt location, this well-maintained two-level 1/2 duplex family home offers bright southern exposure and is located on a fantastic quiet no thru road, just half a block to the ocean. Built in 1996 with 3 beds and 2 full baths, with 1686 Sq.ft. on 2 levels. The main floor offers a spacious living and dining areas, a generous primary bedroom with ensuite, and a beautiful European-style kitchen that opens to a large south-facing deck—perfect for entertaining and soaking up the sun. The lower level features a welcoming entry, two bedrooms, and a full bath—ideal for guests, family, or home office space. Outside, enjoy a fenced, private rear yard and garden, storage shed, and a separate single garage plus a large carport under the deck. Short walk to Esquimalt town centre for all local amenities, close to Saxe Point and 10 minutes to downtown Victoria.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1034905-485-sturdee-st-esquimalt-v9a-6r2.108696657">https://dalesheppard.com/search-listings/featured-listings/#!listing.1034905-485-sturdee-st-esquimalt-v9a-6r2.108696657</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5954 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>426 Gamble Pl  $849,800</strong></p>
<p style="text-align: center;">Great Central Colwood location, minutes to shopping, recreation and walking trails. Tucked away on quiet no thru road on a large 14,300 sq/ft lot (.33acre), this inviting 3-bedroom family home backs directly onto a private, natural parklike setting—offering peace, privacy, and a beautiful treed outlook. The mature landscaping creates a safe, welcoming space perfect for kids and outdoor enjoyment. Inside, you’ll find a bright and functional layout featuring laminate flooring, skylights and 2 cozy gas fireplaces for added comfort. Two spacious sundecks provide ideal spots for relaxing or entertaining while taking in the serene surroundings. The full basement adds versatility with a self-contained extended family/in-law space. Updated windows, natural gas forced air furnace, on city sewer. Nicely landscaped, separate garden area, Lots of parking. A fantastic opportunity in a sought-after location close to nature, yet just minutes from all amenities.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1032029-426-gamble-pl-colwood-v9b-2r1.108533278">https://dalesheppard.com/search-listings/featured-listings/#!listing.1032029-426-gamble-pl-colwood-v9b-2r1.108533278</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5765 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1024x682.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1536x1023.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>803-2000 Hannington Rd  $749,800</strong></p>
<p style="text-align: center;"> Well Priced Luxury condominium in the beautiful &#8220;One Bear Mountain&#8221; complex, with wonderful South/West facing views towards the world renowned Bear Mountain Golf Resort Community. The exquisite interior spans over 1000 sq/ft and features 2 spacious bedrooms, 2 baths, hdwd floors, floor to ceiling windows that invite natural light leading out to the 291 sq/ft &#8211; 40&#8242; long expansive view balcony looking towards the 18 hole with sun all day long. Gourmet kitchen with Italian Cabinets, Bosch Appliances, gas cook top, wall oven &amp; microwave, Silestone counters. Spacious livingroom with cozy gas F/P. Primary Bdrm with walk-in closet &amp; 4 piece ensuite. Enjoy exclusive amenities including 15th floor heated pool with panoramic views, 16th floor sky lounge &amp; business Centre with concierge, 3rd floor gym &amp; Yoga room. 1 parking spot, bike storage &amp; separate storage locker. The perfect blend of luxury &amp; convenience surrounded by natural beauty, golf course, restaurants, hotel, bike &amp; walking trails.</p>
<p style="text-align: center;">View Listing here   <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1031678-803-2000-hannington-rd-langford-v9b-6r6.108480892">https://dalesheppard.com/search-listings/featured-listings/#!listing.1031678-803-2000-hannington-rd-langford-v9b-6r6.108480892</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5766 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1670 Burnside Rd W  $1,349,800</strong></p>
<p style="text-align: center;"> OPEN HOUSE SUNDAY, APRIL 19TH, 3:30PM-4:30PM. Beautiful 0.6 acres rural property in the sought after Burnside area of Saanich West. Incredible pastoral setting with lovely Olympic Mountain views! Spacious 3 level Lindal style family home with vaulted ceilings &amp; wood beams. Bright Open concept. Gourmet kitchen with eating island &amp; coffee nook. Office with gas F/p. 3 bdrms up, primary has deck &amp; large walk-in closet. Lowest level has 1 bed &amp; den self contained In-law. Outside is a gardeners paradise with level landscaped yard, greenhouse, vegetable gardens, mature perennial gardens, lots of fruit trees &amp; berries. Large entertaining patio with kitchen &amp; hot tub. Detached garage building with full bath, bdrm &amp; kitchenette. Large circular driveway with lots of parking, room for trailer &amp; boat. Great outdoor activities nearby including hiking &amp; biking trails, lakes and Galloping Goose Trail. Minutes to all local amenities at Eagle Creek, 10 minutes to Costco, 20 minutes to Downtown Victoria.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1033884-1670-w-burnside-rd-saanich-v8x-3x3.108611371">https://dalesheppard.com/search-listings/featured-listings/#!listing.1033884-1670-w-burnside-rd-saanich-v8x-3&#215;3.108611371</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5955 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/05/02-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>7 199 Atkins Rd  $819,800</strong></p>
<p style="text-align: center;">Creekside Glen is a small enclave of 14 townhouse tucked away in a quiet and private rural location backing onto Millstream Creek, close to Kelvin Grove. Beautiful setting to call home. Spacious 3 level townhouse at just over 2100 sq/ft, 4 bedrooms, 4 bathrooms, main floor with open concept living, kitchen and eating bar, dining area and living room with wood floors and a cozy gas F/P, all leading to a private rear deck over looking the greenspace. Upstairs has 3 spacious bedrooms, main bathroom and a 4 piece ensuite and walk-in closet in Primary bedroom. Lowest level has a large family room, 4th bedroom, full bathroom, den and lots of storage plus a walk-out lower private rear patio area. Single garage for parking. Well run complex. Great central location, surrounded by nature, minutes to Thetis Lake, Galloping goose Trail with quick access to the highway, 10 minutes to Costco, 30 minutes to downtown.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1033107-7-199-atkins-rd-view-royal-v9b-2z9.108582990">https://dalesheppard.com/search-listings/featured-listings/#!listing.1033107-7-199-atkins-rd-view-royal-v9b-2z9.108582990</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5769 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>820-822 Leslie Dr $1,349,800</strong></p>
<p style="text-align: center;">Great Saanich East location, next to Swan Lake and Galloping Goose Trail at the end of a no through road. Wonderful investment opportunity with this side by side duplex plus an extended family accommodation in the basement of one side. With just over 3000sq/ft, each side has 2 bedrooms, 1 bath, and lots of updates to floors, kitchens, bathrooms, windows, fixtures and paint so they all show very well. Separate hydro, gas, water, laundry, furnaces, hot water on demand systems (2021 and 2025 install) for each side. 822 side has new gas furnace &amp; heat pump for air conditioning in the summer. Large deck, and a nice fenced and private rear yard with some seasonal views of the lake. Large common storage room plus large stand-alone garden shed on cement platform. There is plenty of rear, side and front parking on the property. Enjoy Swan Lake Park &amp; Galloping Goose trail at your doorstep, and a short stroll to the Uptown Mall! 10 minutes to downtown. Excellent Revenue Property Opportunity.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1033612-820-822-leslie-dr-saanich-v8x-2y4.108600977">https://dalesheppard.com/search-listings/featured-listings/#!listing.1033612-820-822-leslie-dr-saanich-v8x-2y4.108600977</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5956 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/05/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>4348 Harder Rd  $1,099,800</strong></p>
<p style="text-align: center;">A rare opportunity to own a custom mid-century family home on a popular quiet no through road in Royal Oak. Thoughtfully designed with a versatile layout, offering a warm, inviting atmosphere with vaulted ceilings, and lots of hand built finishings with exposed cedar accents plus skylights and a cozy wood fireplace. Step out from the kitchen onto an expansive deck—perfect for entertaining or quiet relaxation. 2 bedrooms and 2 baths on main. The full walk-out lower level adds exceptional flexibility, complete with a spacious family room, 2nd wood fireplace, 3rd bedroom plus a 4-piece bath—ideal for guests or extended family with great in-law potential. Large hobby room/office space on lower level plus a storage room and attached garage. Wonderfully landscaped yard front and back, and bonus seasonal grape vines which are the talk of the neighbourhood! Short walk to Royal Oak Shopping Centre, Commonwealth Pool, &amp; top-rated schools. A home with outstanding appeal in a premier location.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1033712-4348-harder-rd-saanich-v8z-5l4.108663385">https://dalesheppard.com/search-listings/featured-listings/#!listing.1033712-4348-harder-rd-saanich-v8z-5l4.108663385</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-5771 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1.jpg 1800w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>308-835 View St $299,800</strong></p>
<p style="text-align: center;"> Immaculate 1 Bed condo in the highly sought after Metropolitan building. Investors and first-time buyers will see great value in this steel and concrete building only steps away from everything that Downtown Victoria has to offer. The apartment features a well-designed layout that maximizes space &amp; natural light with new flooring &amp; baseboards throughout. The living room is an inviting area for relaxation &amp; entertainment &amp; the kitchen provides ample space for your meal preparations. The bedroom is a peaceful retreat with enough room for a queen size bed and end tables! Ample storage space, convenient in-suite laundry, as well a spacious south-facing balcony offering a quiet, peaceful outdoor retreat &#8211; ideal for relaxing or enjoying your morning coffee. Pets allowed and unit is rentable! Close to transit. Easy access to an abundance of amenities, including trendy restaurants, vibrant shops, entertainment venues, cafes and picturesque parks. A real pleasure to show.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1033618-308-835-view-st-victoria-v8w-3w8.108600981">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354</a></p>
<p>&nbsp;</p>
<p>View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings">https://dalesheppard.com/search-listings/featured-listings</a></p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-may-2026-2/">Victoria Real Estate Market Update-May 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<item>
		<title>Victoria Real Estate Market Update-April 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-april-2026/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Thu, 16 Apr 2026 17:29:29 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
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					<description><![CDATA[<p>April 2026 Victoria Real Estate Board Market Report &#8211; April 2026 Victoria is now almost a month into the Spring market which tends to be the most active few months for listing and selling real estate in any given year. Sales are currently slower than previous spring markets, and homes must be well priced to [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-april-2026/">Victoria Real Estate Market Update-April 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-5772 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-300x188.jpg" alt="" width="300" height="188" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-300x188.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-1024x640.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-768x480.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-1536x960.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/elena-mozhvilo-ZxI297CmBPo-unsplash-2048x1280.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>April 2026</h2>
<p>Victoria Real Estate Board Market Report &#8211; April 2026<br />
Victoria is now almost a month into the Spring market which tends to be the most active few months for listing and selling real estate in any given year. Sales are currently slower than previous spring markets, and homes must be well priced to attract interest as the over all listing inventory is on the higher side. This bodes well for Buyers, as there is a lot of choice in most sectors of the market.</p>
<p><em>Below are some statistics for March 2026 throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 3,261 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of March 2026, an increase of 12.3 % compared to the previous month of February and a 7.9 % increase from the 3,023 active listings for sale at the end of March 2025. This higher inventory level is creating a buyers market, so if you are a Seller, make sure that your property is competitively priced to attract Buyers.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 579 properties sold in the Victoria Real Estate Board region this March, 5.5 % fewer than the 613 properties sold in March 2025 and 24.5 % more than in February 2026. Sales of condominiums decreased by 18.8 % from March 2025 with 164 units sold. Sales of single family homes decreased by 2.4 % from March 2025 with 285 sold. While sales were up from February, over all, the numbers are considerably slower than last year, which is contributing to the increase in listing inventory.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2025 was $1,344,900. The benchmark value for the same home in March 2026 decreased by 1.1 % to $1,330,200, up from February’s value of $1,307,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in March 2025 was $558,100, while the benchmark value for the same condominium in March 2026 decreased by 0.8 % to $553,800, up from the February value of $545,600. While prices were up slightly from February, overall prices are still lower than 2025, but over all, these numbers are quite stable. There does not seem to be any factors creating a significant market change, so the coming months will probably continue in this same direction of slower sales, higher listing inventory, and not much change to over all prices.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5512 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>485 Sturdee St  $869,800</strong></p>
<p style="text-align: center;">Situated in a Popular Esquimalt location, this well-maintained two-level 1/2 duplex family home offers bright southern exposure and is located on a fantastic quiet no thru road, just half a block to the ocean. Built in 1996 with 3 beds and 2 full baths, with 1686 Sq.ft. on 2 levels. The main floor offers a spacious living and dining areas, a generous primary bedroom with ensuite, and a beautiful European-style kitchen that opens to a large south-facing deck—perfect for entertaining and soaking up the sun. The lower level features a welcoming entry, two bedrooms, and a full bath—ideal for guests, family, or home office space. Outside, enjoy a fenced, private rear yard and garden, storage shed, and a separate single garage plus a large carport under the deck. Short walk to Esquimalt town centre for all local amenities, close to Saxe Point and 10 minutes to downtown Victoria.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1026151-485-sturdee-st-esquimalt-v9a-6r2.108066181">https://dalesheppard.com/search-listings/featured-listings/#!listing.1026151-485-sturdee-st-esquimalt-v9a-6r2.108066181</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5513 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1975 Jeffree Rd  $949,800</strong></p>
<p style="text-align: center;">Situated in a sought-after family neighbourhood in Saanichton, this spacious 2,495 sq. ft. two-level home sits on a generous 8,400 sq. ft. lot, great for a growing family. Built in 1975 and thoughtfully designed, the main level features 3 generous bedrooms, primary bedroom with a walk-in closet &amp; two-piece ensuite. The bright and welcoming living room with a cozy fireplace, separate dining area flows seamlessly into a well-appointed kitchen leading to a large entertainment-sized deck — perfect for summer BBQs &amp; gatherings. Downstairs, you’ll find a family room with plenty of space for movie nights, hobbies, or play area. Fully self-contained one-bedroom in-law or extended family space, ideal for multigenerational living. Laundry facilities on both levels. Heat Pump. Fenced backyard offers plenty of room for kids and pets to play. Single garage, extra driveway parking, and dedicated space for your RV or boat. Located only 15 minutes to Victoria, BC Ferries and the Airport.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025781-1975-jeffree-rd-central-saanich-v8m-1k1.108034989">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025781-1975-jeffree-rd-central-saanich-v8m-1k1.108034989</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5514 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>3370 Alfred Pl  $949,800</strong></p>
<p style="text-align: center;"> Sought after Wishart South area of Colwood, located on a quiet cul-de-sac in, just minutes to the Ocean and all local amenities in Royal Bay. Built in 2004, this well-maintained 2-level home offers 1,800 sq/ft with 4 bedrooms plus a den and 3 baths. The main floor features an open-concept kitchen, dining, and living area with a cozy gas fireplace, opening to patio with gas BBQ hookup, and a level, fenced backyard perfect for kids and pets. A spacious office/den completes the main. Upstairs offers 4 bedrooms, including a primary bedroom with walk-in closet and 4-piece ensuite with soaker tub. Double garage, Built-in Vacuum, detached workshop with power, landscaped yard with garden beds, new gas hot water tank, crawl space. Short walk to all level of schools, close to parks Colwood Lagoon. Note: Shared cost with neighbour to maintain common property insurance &amp; common property septic system hydro and maintenance.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025401-3370-alfred-pl-colwood-v9c-3j4.108044370">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025401-3370-alfred-pl-colwood-v9c-3j4.108044370</a></p>
<p>&nbsp;</p>
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<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5765 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1024x682.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1536x1023.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>803-2000 Hannington Rd  $749,800</strong></p>
<p style="text-align: center;"> Well Priced Luxury condominium in the beautiful &#8220;One Bear Mountain&#8221; complex, with wonderful South/West facing views towards the world renowned Bear Mountain Golf Resort Community. The exquisite interior spans over 1000 sq/ft and features 2 spacious bedrooms, 2 baths, hdwd floors, floor to ceiling windows that invite natural light leading out to the 291 sq/ft &#8211; 40&#8242; long expansive view balcony looking towards the 18 hole with sun all day long. Gourmet kitchen with Italian Cabinets, Bosch Appliances, gas cook top, wall oven &amp; microwave, Silestone counters. Spacious livingroom with cozy gas F/P. Primary Bdrm with walk-in closet &amp; 4 piece ensuite. Enjoy exclusive amenities including 15th floor heated pool with panoramic views, 16th floor sky lounge &amp; business Centre with concierge, 3rd floor gym &amp; Yoga room. 1 parking spot, bike storage &amp; separate storage locker. The perfect blend of luxury &amp; convenience surrounded by natural beauty, golf course, restaurants, hotel, bike &amp; walking trails.</p>
<p style="text-align: center;">View Listing here   <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1031678-803-2000-hannington-rd-langford-v9b-6r6.108480892">https://dalesheppard.com/search-listings/featured-listings/#!listing.1031678-803-2000-hannington-rd-langford-v9b-6r6.108480892</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5766 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1670 Burnside Rd W  $1,439,800</strong></p>
<p style="text-align: center;"> OPEN HOUSE SUNDAY, APRIL 19TH, 3:30PM-4:30PM. Beautiful 0.6 acres rural property in the sought after Burnside area of Saanich West. Incredible pastoral setting with lovely Olympic Mountain views! Spacious 3 level Lindal style family home with vaulted ceilings &amp; wood beams. Bright Open concept. Gourmet kitchen with eating island &amp; coffee nook. Office with gas F/p. 3 bdrms up, primary has deck &amp; large walk-in closet. Lowest level has 1 bed &amp; den self contained In-law. Outside is a gardeners paradise with level landscaped yard, greenhouse, vegetable gardens, mature perennial gardens, lots of fruit trees &amp; berries. Large entertaining patio with kitchen &amp; hot tub. Detached garage building with full bath, bdrm &amp; kitchenette. Large circular driveway with lots of parking, room for trailer &amp; boat. Great outdoor activities nearby including hiking &amp; biking trails, lakes and Galloping Goose Trail. Minutes to all local amenities at Eagle Creek, 10 minutes to Costco, 20 minutes to Downtown Victoria.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1030379-1670-w-burnside-rd-saanich-v8x-3x3.108415002">https://dalesheppard.com/search-listings/featured-listings/#!listing.1030379-1670-w-burnside-rd-saanich-v8x-3&#215;3.108415002</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone size-medium wp-image-5767" src="https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/06-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>2336 Nicklaus Dr  $1,649,800</strong></p>
<p style="text-align: center;">This immaculate two-story residence on Bear Mountain offers exceptional quality throughout and wonderful Views towards Mt. Baker with an open-concept floorplan perfect for modern living. Bright and roomy from the moment you enter the grand entrance and into the elegant living room to the spacious gourmet chef’s kitchen featuring custom cabinetry, high-end Jenn Air appliances, large eating island and a hidden pantry. Large office on main. Upstairs offers 5 bedrooms, including a luxurious primary retreat with private balcony, oversized walk-in closet, spa-like ensuite with jetted tub, dual sinks, and luxury glassed shower. Two cozy fireplaces, radiant in-floor heating, and heat pump elevate comfort and efficiency. Large double garage plus extra driveway parking along side. Legal 1 bdrm suite above garage. The private level backyard is an entertainer’s dream with barbeque area, gazebo with gas fire pit and wonderful views. 10 Minutes to Costco &amp; Millstream Market, 30 minutes to Victoria.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1030172-2336-nicklaus-dr-langford-v9b-0l2.108346573">https://dalesheppard.com/search-listings/featured-listings/#!listing.1030172-2336-nicklaus-dr-langford-v9b-0l2.108346573</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5769 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>820-822 Leslie Dr $1,399,800</strong></p>
<p style="text-align: center;">Great Saanich East location, next to Swan Lake and Galloping Goose Trail at the end of a no through road. Wonderful investment opportunity with this side by side duplex plus an extended family accommodation in the basement of one side. With just over 3000sq/ft, each side has 2 bedrooms, 1 bath, and lots of updates to floors, kitchens, bathrooms, windows, fixtures and paint so they all show very well. Separate hydro, gas, water, laundry, furnaces, hot water on demand systems (2021 and 2025 install) for each side. 822 side has new gas furnace &amp; heat pump for air conditioning in the summer. Large deck, and a nice fenced and private rear yard with some seasonal views of the lake. Large common storage room plus large stand-alone garden shed on cement platform. There is plenty of rear, side and front parking on the property. Enjoy Swan Lake Park &amp; Galloping Goose trail at your doorstep, and a short stroll to the Uptown Mall! 10 minutes to downtown. Excellent Revenue Property Opportunity.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1030162-820-822-leslie-dr-saanich-v8x-2y4.108346544">https://dalesheppard.com/search-listings/featured-listings/#!listing.1030162-820-822-leslie-dr-saanich-v8x-2y4.108346544</a></p>
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<p><img loading="lazy" decoding="async" class="size-medium wp-image-5770" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-primary-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1002-777 Herald St $534,800</strong></p>
<p style="text-align: center;">Enjoy Downtown living at the Luxurious Hudson Place One, a 25 story steel and concrete building with 7 day Concierge service. This 1 bedroom suite is in immaculate condition and is very bright facing West to enjoy the city and mountain views and fabulous afternoon and evening sun from the balcony. Well designed layout with quality built-in appliances, modern finishes and bright open layout from kitchen, eating area to living room. Spacious bedroom with walk-in closet, in suite laundry, separate storage and 1 secure parking spot. Exception list of building amenities includes: fully equipped gym, yoga studio, sauna with showers, hobby/craft room, games room, business centre, guest suite, dog wash area, dedicated dog park, and a stylish lounge/event room complete with kitchen and BBQ deck. Grocery Store across the street, and all downtown amenities within minutes. 2 blocks from Save-On Memorial Centre. A superb lifestyle opportunity offering comfort, convenience, and community all in one.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1029664-1002-777-herald-st-victoria-v8t-0c7.108317543">https://dalesheppard.com/search-listings/featured-listings/#!listing.1029664-1002-777-herald-st-victoria-v8t-0c7.108317543</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-5771 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/04/01-common-exterior-1.jpg 1800w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>308-835 View St $339,800</strong></p>
<p style="text-align: center;"> Immaculate 1 Bed condo in the highly sought after Metropolitan building. Investors and first-time buyers will see great value in this steel and concrete building only steps away from everything that Downtown Victoria has to offer. The apartment features a well-designed layout that maximizes space &amp; natural light with new flooring &amp; baseboards throughout. The living room is an inviting area for relaxation &amp; entertainment &amp; the kitchen provides ample space for your meal preparations. The bedroom is a peaceful retreat with enough room for a queen size bed and end tables! Ample storage space, convenient in-suite laundry, as well a spacious south-facing balcony offering a quiet, peaceful outdoor retreat &#8211; ideal for relaxing or enjoying your morning coffee. Pets allowed and unit is rentable! Close to transit. Easy access to an abundance of amenities, including trendy restaurants, vibrant shops, entertainment venues, cafes and picturesque parks. A real pleasure to show.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354</a></p>
<p>&nbsp;</p>
<p>View Listing here  https://dalesheppard.com/search-listings/featured-listings/#!listing.1030379-1670-w-burnside-rd-saanich-v8x-3&#215;3.108415002</p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-april-2026/">Victoria Real Estate Market Update-April 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<title>Victoria Real Estate Market Update-March 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-march-2026/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 17:24:38 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
		<guid isPermaLink="false">https://dalesheppard.com/?p=5510</guid>

					<description><![CDATA[<p>March 2026 Victoria Real Estate Board Market Report &#8211; March 2026 The Victoria real estate market has held steady through the early months of 2026. With plenty of outside factors keeping both buyers and sellers sidelined, sales numbers have slowed this year, but home prices have remained resilient and continue to hold their ground. That [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-march-2026/">Victoria Real Estate Market Update-March 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-5511 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/anders-jilden-O85h02qZ24w-unsplash-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>March 2026</h2>
<p>Victoria Real Estate Board Market Report &#8211; March 2026<br />
The Victoria real estate market has held steady through the early months of 2026. With plenty of outside factors keeping both buyers and sellers sidelined, sales numbers have slowed this year, but home prices have remained resilient and continue to hold their ground. That said, the market is beginning to tilt in favour of buyers. With more listings available, Buyers have greater choice than we’ve seen in recent months. For Sellers, this means pricing your home correctly is more important than ever to stand out and attract serious interest.</p>
<p><em>Below are some statistics for February 2026 and Year end throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 2,903 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February 2026, an increase of 10.6 % compared to the previous month of January and a 10.4 % increase from the 2,630 active listings for sale at the end of February 2025. This increased inventory bodes well for Buyers, resulting in lots of choice and allowing extra time to make Buying decisions.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 465 properties sold in the Victoria Real Estate Board region this February, 11.9 % fewer than the 528 properties sold in February 2025 and 37.2 % more than in January 2026. Sales of condominiums decreased by 19.8 % from February 2025 with 154 units sold. Sales of single-family homes decreased by 12 % from February 2025 with 206 sold. Sales numbers always pick up as we near the spring market but the current drop in sales from 2025 numbers a bit concerning. While higher listing inventory is good for Buyers, if sales do not keep pace with the increased inventory levels, this excess supply eventually leads to price drops in the market. The next few months will be interesting to see how these imbalances play out.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in February 2025 was $1,319,100. The benchmark value for the same home in February 2026 decreased by 0.9 % to $1,307,400, up from January’s value of $1,265,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in February 2025 was $549,600, while the benchmark value for the same condominium in February 2026 decreased by 0.7 % to $545,600, up from the January value of $537,800. Both single family home and condo prices have jumped up slightly in February, but remain relatively unchanged from 1 year ago. Prices are remaining stable in our region which is a good thing for our market. However, continued increasing inventory levels, combined with a lot of outside distractions keeping Buyers sidelined, may create a prolonged slower market in Victoria, so it is hard to predict where prices will end up in the coming months.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5512 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/02-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>485 Sturdee St  $949,800</strong></p>
<p style="text-align: center;">Situated in a Popular Esquimalt location, this well-maintained two-level 1/2 duplex family home offers bright southern exposure and is located on a fantastic quiet no thru road, just half a block to the ocean. Built in 1996 with 3 beds and 2 full baths, with 1686 Sq.ft. on 2 levels. The main floor offers a spacious living and dining areas, a generous primary bedroom with ensuite, and a beautiful European-style kitchen that opens to a large south-facing deck—perfect for entertaining and soaking up the sun. The lower level features a welcoming entry, two bedrooms, and a full bath—ideal for guests, family, or home office space. Outside, enjoy a fenced, private rear yard and garden, storage shed, and a separate single garage plus a large carport under the deck. Short walk to Esquimalt town centre for all local amenities, close to Saxe Point and 10 minutes to downtown Victoria.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1026151-485-sturdee-st-esquimalt-v9a-6r2.108066181">https://dalesheppard.com/search-listings/featured-listings/#!listing.1026151-485-sturdee-st-esquimalt-v9a-6r2.108066181</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5513 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1975 Jeffree Rd  $999,800</strong></p>
<p style="text-align: center;">Situated in a sought-after family neighbourhood in Saanichton, this spacious 2,495 sq. ft. two-level home sits on a generous 8,400 sq. ft. lot, great for a growing family. Built in 1975 and thoughtfully designed, the main level features 3 generous bedrooms, primary bedroom with a walk-in closet &amp; two-piece ensuite. The bright and welcoming living room with a cozy fireplace, separate dining area flows seamlessly into a well-appointed kitchen leading to a large entertainment-sized deck — perfect for summer BBQs &amp; gatherings. Downstairs, you’ll find a family room with plenty of space for movie nights, hobbies, or play area. Fully self-contained one-bedroom in-law or extended family space, ideal for multigenerational living. Laundry facilities on both levels. Heat Pump. Fenced backyard offers plenty of room for kids and pets to play. Single garage, extra driveway parking, and dedicated space for your RV or boat. Located only 15 minutes to Victoria, BC Ferries and the Airport.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025781-1975-jeffree-rd-central-saanich-v8m-1k1.108034989">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025781-1975-jeffree-rd-central-saanich-v8m-1k1.108034989</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5514 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>3370 Alfred Pl  $998,800</strong></p>
<p style="text-align: center;"> Sought after Wishart South area of Colwood, located on a quiet cul-de-sac in, just minutes to the Ocean and all local amenities in Royal Bay. Built in 2004, this well-maintained 2-level home offers 1,800 sq/ft with 4 bedrooms plus a den and 3 baths. The main floor features an open-concept kitchen, dining, and living area with a cozy gas fireplace, opening to patio with gas BBQ hookup, and a level, fenced backyard perfect for kids and pets. A spacious office/den completes the main. Upstairs offers 4 bedrooms, including a primary bedroom with walk-in closet and 4-piece ensuite with soaker tub. Double garage, Built-in Vacuum, detached workshop with power, landscaped yard with garden beds, new gas hot water tank, crawl space. Short walk to all level of schools, close to parks Colwood Lagoon. Note: Shared cost with neighbour to maintain common property insurance &amp; common property septic system hydro and maintenance.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025401-3370-alfred-pl-colwood-v9c-3j4.108044370">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025401-3370-alfred-pl-colwood-v9c-3j4.108044370</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-3116 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg" alt="" width="300" height="169" srcset="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1024x575.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-768x432.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1536x863.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-2048x1151.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong> Lot A 265 Trans Canada Hwy  $3,999,800</strong></p>
<p style="text-align: center;">Moon Water Lodge is a beautiful west coast designed boutique Hotel situated on a special 9.58acre parcel with spectacular panoramic ocean and mountain views of Finlayson Arm and Mt. Finlayson. The business is running very well and is quite self sufficient. 8400 sq/ft on 4 levels with 14 rooms with potential to expand as lowest level is unfinished. Sale includes the business, building and land. The large acreage has great potential as well. Hotel was built in 2002. The rooms are all positioned to take advantage of the views, with kitchenettes, propane fireplaces, soaker tubs. Real Estate and Business are included in sale. All Business equipment, supplies and web site are included. Serviced by septic treatment plant and drilled well. Located next door to the Malahat Chalet restaurant. Call for appointment.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197">https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone size-medium wp-image-5123" src="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>933 Turnstone Ridge  $598,800</strong></p>
<p style="text-align: center;">Popular Turnstone Ridge Development in the Happy Valley area of South Langford. 3 Story Modern Townhouse offering 2 spacious Bedrooms &amp; 2 Bathrooms. You will Love the Open Living Concept main floor with Designer Kitchen &amp; Quartz Counters, Stainless Appliances, Gas Fireplace, Gas On Demand Hot Water, Gas Cooktop on Oven, Gas Line to Patio for BBQ. Updated Ductless Heat Pump for Cool Summers and Warm Winters. This unit will impress with its Quality Finishes, includes Laminate Flooring, Ceramic Tiles, Luxury Carpets, Closet Organizers, some updated hardware and fixtures. Large Tandem Double Car Garage with roughed in EV Charger, and extra storage! This unit has a Private Rear Patio off the Kitchen. Unfinished space is storage at back of the garage which other units have finished as a bedroom. Located a short walking distance to Happy Valley Elementary and the Galloping Goose Trail. 10 minutes to Belmont Market and Royal Bay. 2-5-10 New Home Warranty.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024631-933-turnstone-ridge-langford-v9c-0j4.107740859">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024631-933-turnstone-ridge-langford-v9c-0j4.107740859</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5515 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/03/01-common-exterior.jpg 1800w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>308 835 View St  $339,800</strong></p>
<p style="text-align: center;">Immaculate 1 Bed condo in the highly sought after Metropolitan building. Investors and first-time buyers will see great value in this steel and concrete building only steps away from everything that Downtown Victoria has to offer. The apartment features a well-designed layout that maximizes space &amp; natural light with new flooring &amp; baseboards throughout. The living room is an inviting area for relaxation &amp; entertainment &amp; the kitchen provides ample space for your meal preparations. The bedroom is a peaceful retreat with enough room for a queen size bed and end tables! Ample storage space, convenient in-suite laundry, as well as a large south facing balcony providing a cozy outdoor space, perfect for enjoying a cup of coffee or soaking up the city views. Pets allowed and unit is rentable! Close to transit. Easy access to an abundance of amenities, including trendy restaurants, vibrant shops, entertainment venues, cafes and picturesque parks. A real pleasure to show.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354">https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354</a></p>
<p>&nbsp;</p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-march-2026/">Victoria Real Estate Market Update-March 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<item>
		<title>Victoria Real Estate Market Update-February 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-february-2026/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Wed, 11 Feb 2026 18:54:30 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
		<guid isPermaLink="false">https://dalesheppard.com/?p=5306</guid>

					<description><![CDATA[<p>February 2026 Victoria Real Estate Board Market Report &#8211; February 2026 While some large markets across Canada have experienced significant price drops over the last year, the Victoria Real Estate Market has remained quite resilient. Overall sales have slowed in recent months, and listing inventory remains on the higher side, but prices have only dropped [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-february-2026/">Victoria Real Estate Market Update-February 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-5307 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/02/valentines-300x213.jpg" alt="" width="300" height="213" srcset="https://dalesheppard.com/wp-content/uploads/2026/02/valentines-300x213.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/02/valentines-1024x726.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/02/valentines-768x544.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/02/valentines-1536x1089.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/02/valentines.jpg 1920w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>February 2026</h2>
<p>Victoria Real Estate Board Market Report &#8211; February 2026<br />
While some large markets across Canada have experienced significant price drops over the last year, the Victoria Real Estate Market has remained quite resilient. Overall sales have slowed in recent months, and listing inventory remains on the higher side, but prices have only dropped slightly. Interest rates remain stable so not much should change in the market in the coming months.</p>
<p><em>Below are some statistics for January 2026 and Year end throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 2,624 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2026, an increase of 3.1 % compared to the previous month of December and a 9.6 % increase from the 2,395 active listings for sale at the end of January 2025. This higher inventory is great for Buyers, increasing their choice and allowing more time to make Buying decisions.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 339 properties sold in the Victoria Real Estate Board region this January, 19.7 % fewer than the 422 properties sold in January 2025 and 7.6 % fewer than in December 2025. Sales of condominiums decreased by 25.3 % from January 2025 with 109 units sold. Sales of single family homes decreased by 21.1 % from January 2025 with 153 sold. Overall sales were quite low in January. With the current higher inventory levels, only about 1 in 7 homes are selling per month. Therefore, Sellers must price there homes correctly to attract showings and offers.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index* benchmark value for a single family home in the Victoria Core in January 2025 was $1,297,300. The benchmark value for the same home in January 2026 decreased by 2.5 % to $1,265,500, up from December&#8217;s value of $1,255,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in January 2025 was $545,900, while the benchmark value for the same condominium in January 2026 decreased by 1.5 % to $537,800, down from the December value of $549,900. Year over year, prices are down in most sectors of the Greater Victoria market. This is to be expected as inventory levels increase while sales drop. Victoria is a desirable city that continues to attract new residents, allowing the market to remain buoyant even in slower economic times.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-5308 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-Copy-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>6885 Laura&#8217;s Lane  $739,800</strong></p>
<p style="text-align: center;">This great valued Rancher is located on a quiet cul-de-sac in a popular Family Neighbourhood in Sooke, only minutes to all local amenities in the Sooke town core. Quality built in 2015, this one level home is elegantly designed with 3 bedrooms, 2 baths and just over 1600 sq.ft. The open-concept layout offers 10’ ceilings, bleached wood-style laminate flooring, bright living room with picture windows and a modern gas fireplace. Stylish kitchen with quartz counters, tile backsplash, stainless appliances &amp; gas cooktop. Dining with slider to sunny back patio. Spacious bedrooms, including a primary with huge walk-in closet &amp; spa-like 5pc ensuite. Hot water on demand, quality finishes throughout. Fully fenced, irrigated &amp; beautifully landscaped with pear trees, grapevines &amp; Japanese maple. Large over sized garage. A perfect blend of comfort &amp; style! Well priced! Listed below BC Assessed value.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024973-6885-laura-s-lane-sooke-v9z-0p8.107974345">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024973-6885-laura-s-lane-sooke-v9z-0p8.107974345</a></p>
<p>&nbsp;</p>
<figure id="attachment_5309" aria-describedby="caption-attachment-5309" style="width: 300px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-5309 size-medium" src="https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /><figcaption id="caption-attachment-5309" class="wp-caption-text">default</figcaption></figure>
<p style="text-align: center;"><strong>PH2 103 Gorge Rd E  $424,800</strong></p>
<p style="text-align: center;"> Top Floor Penthouse suite at the popular Treelane Estates. Waterfront Living on the Gorge Waterway! Bright one-bedroom suite with stunning southwest water, city and mountain views. Treelan Estates is comprised of two steel &amp; concrete buildings that are quietly set back from the road on the Gorge Waterway. This suite boasts a spacious living/dining area, galley kitchen, large bedroom, and a storage room. Great views from all windows plus a large view balcony. Laundry is conveniently located on same floor. The building itself is known for its strong amenities, including a rooftop patio and lounge, kayak and bike storage, workshop, guest suite. Located along the scenic Gorge Waterway with walking trails and water access nearby, this central location provides easy access to downtown Victoria, Tillicum Centre, and major transit routes. Affordable entry into a waterfront complex in a desirable, established community.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024971-ph2-103-e-gorge-rd-victoria-v9a-6z2.107974344">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024971-ph2-103-e-gorge-rd-victoria-v9a-6z2.107974344</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-4879 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1954 Polo Park Crt  $819,800</strong></p>
<p style="text-align: center;">This well designed and quality built townhouse offers over 1,600 sq ft on 2 levels. One of Saanichton’s most convenient &amp; desirable locations. Main level living with primary bedroom on main for those looking for no stairs. The kitchen features a corner island &amp; breakfast area, perfect for casual mornings, while the spacious open living and dining area lead to a private garden patio. The main-floor primary bedroom offers a spa-inspired ensuite with a soaker tub and separate shower and walk-in closet. Upstairs has two more spacious bedrooms and a main bathroom, ideal for guests or caretaker. Double garage and large private driveway with room for 2 more vehicles complete the package. Lots of storage. Walking distance to groceries, banking, pharmacy, hardware store, post office, cafés and eateries, centrally located for easy commute to both Sidney and Victoria. This exceptional home blends comfort, lifestyle, and location in perfect harmony.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024120-1954-polo-park-crt-central-saanich-v8m-2k1.107709923">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024120-1954-polo-park-crt-central-saanich-v8m-2k1.107709923</a></p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-3116 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg" alt="" width="300" height="169" srcset="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1024x575.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-768x432.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1536x863.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-2048x1151.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong> Lot A 265 Trans Canada Hwy  $3,999,800</strong></p>
<p style="text-align: center;">Moon Water Lodge is a beautiful west coast designed boutique Hotel situated on a special 9.58acre parcel with spectacular panoramic ocean and mountain views of Finlayson Arm and Mt. Finlayson. The business is running very well and is quite self sufficient. 8400 sq/ft on 4 levels with 14 rooms with potential to expand as lowest level is unfinished. Sale includes the business, building and land. The large acreage has great potential as well. Hotel was built in 2002. The rooms are all positioned to take advantage of the views, with kitchenettes, propane fireplaces, soaker tubs. Real Estate and Business are included in sale. All Business equipment, supplies and web site are included. Serviced by septic treatment plant and drilled well. Located next door to the Malahat Chalet restaurant. Call for appointment.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197">https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone size-medium wp-image-5123" src="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>933 Turnstone Ridge  $598,800</strong></p>
<p style="text-align: center;">Popular Turnstone Ridge Development in the Happy Valley area of South Langford. 3 Story Modern Townhouse offering 2 spacious Bedrooms &amp; 2 Bathrooms. You will Love the Open Living Concept main floor with Designer Kitchen &amp; Quartz Counters, Stainless Appliances, Gas Fireplace, Gas On Demand Hot Water, Gas Cooktop on Oven, Gas Line to Patio for BBQ. Updated Ductless Heat Pump for Cool Summers and Warm Winters. This unit will impress with its Quality Finishes, includes Laminate Flooring, Ceramic Tiles, Luxury Carpets, Closet Organizers, some updated hardware and fixtures. Large Tandem Double Car Garage with roughed in EV Charger, and extra storage! This unit has a Private Rear Patio off the Kitchen. Unfinished space is storage at back of the garage which other units have finished as a bedroom. Located a short walking distance to Happy Valley Elementary and the Galloping Goose Trail. 10 minutes to Belmont Market and Royal Bay. 2-5-10 New Home Warranty.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024631-933-turnstone-ridge-langford-v9c-0j4.107740859">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024631-933-turnstone-ridge-langford-v9c-0j4.107740859</a></p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-5124 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>109 797 Tyee Rd  $649,800</strong></p>
<p style="text-align: center;"> The Gateyard is a quality-built Vic West complex in the Railyards community fronting the Selkirk Waterway and close to the Galloping Goose Trail. Spacious 2 bedroom, 2 bath condo with 2 parking spots, separate storage and 2 pets allowed! 973 sq/ft plus a 309 sq.ft private and part covered garden patio. Cozy electric fireplace in the spacious livingroom, large kitchen with stainless appliances and wood floors. Nice open layout to the spacious livingroom and dining area with a cozy electric fireplace and leading to the entertaining sized patio. Primary bedroom has 4 piece ensuite and large closet space, in-suite laundry, 2 in ground secure parking spots. Short walk to amenities, and minutes to downtown Victoria. Pet friendly.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024215-109-797-tyee-rd-victoria-v9a-7r4.107717024">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024215-109-797-tyee-rd-victoria-v9a-7r4.107717024</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5310 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/02/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>521 Pamela Pl  $1,399,800</strong></p>
<p>OPEN HOUSE SUNDAY, FEB 15TH, 1:30PM-3:00PM. Spacious 2 level family home in desirable Northridge area of Saanich located on a quiet cul-de-sac. Built in 1996, with 3200+ sq/ft on 2 levels, 5 bedrooms, 4 baths. The main level features large formal livingroom with gas f/p, brand new kitchen with stainless appliances, quartz counters, under cabinet lighting, dining area and familyroom with 2nd gas f/p, plus 3 spacious bedrooms, 2 full bathrooms, updated vanities. Primary with large ensuite, soaker tub, separate shower, walk-in closet. 2 large decks for entertaining. Downstairs offers 2 bedrooms, 2 baths, and great options for extended or multi-generational living with perfect flex area with own bathroom, ideal for teenager or home office. 3rd gas F/p down, 2 laundry areas, heat pump with electric furnace, nicely landscaped with fenced yard, great for kids &amp; pets. Double garage plus large driveway. Close to Royal Oak Shopping, excellent schools, 15 minutes to downtown, Airport &amp; Ferries.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024957-521-pamela-pl-saanich-v8z-4h1.107961013">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024957-521-pamela-pl-saanich-v8z-4h1.107961013</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-5311 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/02/01-common-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>4 933 Meares St  $1,249,800</strong></p>
<p>Enjoy luxurious downtown Victoria living at the award winning Terra Rose, built by Abstract Developments. A private enclave of 6 townhomes overlooking heritage greenspace. An oasis within the city. Enter through a private breezeway surrounded by mature landscaping &amp; custom walkway lighting. Over 2000 sq. ft. of elegant living with 3 bedrooms and 4 bathrooms. Quality finishings including 10&#8242; ceilings, cherry wood floors, custom wood &amp; stainless appliances, granite counters, wine fridge, built in cabinetry, in-floor radiant heat, gas f/p. Primary bedroom has vaulted ceilings, Juliet park view Balcony, spa inspired ensuite w/separate shower &amp; soaker tub. Lowest level offers 3rd bedroom or office with murphy bed. Entertain on your 200 sq/ft private garden terrace w/BBQ hookup. 2 underground parking spots with EV charger, separate storage plus a heated storage attic. 5-10 minute walk to most downtown shopping, restaurants, theatres, cinemas, and cultural venues.</p>
<p style="text-align: center;">View Listing here<a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1024894-4-933-meares-st-victoria-v8v-3j5.107951749">https://dalesheppard.com/search-listings/featured-listings/#!listing.1024894-4-933-meares-st-victoria-v8v-3j5.107951749</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-february-2026/">Victoria Real Estate Market Update-February 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<item>
		<title>Victoria Real Estate Market Update-January 2026</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-january-2026/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Wed, 14 Jan 2026 20:36:36 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
		<guid isPermaLink="false">https://dalesheppard.com/?p=5120</guid>

					<description><![CDATA[<p>January 2026 Victoria Real Estate Board Market Report &#8211; December 2025 The Greater Victoria and Westshore markets were quite resilient in 2025. While the news headlines were geared towards the distractions from South of the border, our region registered a slight increase in overall sales for the year compared to 2024, and prices in most [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-january-2026/">Victoria Real Estate Market Update-January 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-5122 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/hans-bQTVoJHrkO0-unsplash-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>January 2026</h2>
<p>Victoria Real Estate Board Market Report &#8211; December 2025<br />
The Greater Victoria and Westshore markets were quite resilient in 2025. While the news headlines were geared towards the distractions from South of the border, our region registered a slight increase in overall sales for the year compared to 2024, and prices in most areas remained stable. Listing inventory was up, so Buyers had a lot of choice, and the market remained balanced with slight favour to Buyers. 2026 will most likely remain the same, unless there are large global interruptions affecting our market.</p>
<p><em>Below are some statistics for December 2025 and Year end throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 2,544 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2025, a decrease of 19.3 % compared to the previous month of November but an 11.1 % increase from the 2,290 active listings for sale at the end of December 2024. Overall inventory is up from a year ago, but marginally. Buyers will continue to have good options as the year progresses.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 367 properties sold in the Victoria Real Estate Board region this December, 12.8 % fewer than the 421 properties sold in December 2024 and 18.6 % fewer than in November 2025. Sales of condominiums were down 21.5 % from December 2024 with 106 units sold. Sales of single family homes decreased by 2.6 % from December 2024 with 186 sold. There were 6,918 sales over the course of 2025, a 0.36 % increase from the 6,893 sales in 2024. While the overall sales numbers have remained consistent over the last 2 years, the last few months have shown lower sales numbers, so 2026 could have fewer sales than 2025 if this trend continues. The Bank of Canada’s pause on interest rate changes is predicted to remain for the next 6 months, so not much should change in the market between now and then.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2024 was $1,316,700. The benchmark value for the same home in December 2025 decreased by 4.7 % to $1,255,000, down 1.7 per cent from November&#8217;s value of $1,276,700. The MLS® HPI benchmark value for a condominium in the Victoria Core area in December 2024 was $546,100 while the benchmark value for the same condominium in December 2025 increased by 0.7 % to $549,900, a decrease of 0.6 % from the November value of $533,100. Prices have softened over the last few months for single family homes, and condos are remaining about same. However, with the recent lower monthly sales numbers and rising inventory levels that occur in the first half of the year, the stable prices might soften somewhat. This will depend on the Bank of Canada’s interest rate policy and the long term economic effects from the policies South of the border. All in all it should be a decent year for the Greater Victoria markets.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2025 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values for 2026. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-4271 size-medium" src="https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>113 1201 Nova Crt $699,800</strong></p>
<p style="text-align: center;"> Step into contemporary elegance with this beautifully appointed 3-bedroom, 2-bath modern townhome — a perfect blend of design, comfort, and functionality. The open-concept layout is filled with natural light, featuring a sleek fireplace as the centerpiece of the living area. 14&#8242; vaulted ceilings, quartz counters in kitchen, wide plank ,aminate flooring, natural gas stove and tankless hot water heater. Primary bedroom has ensuite and large walk-in closet. Enjoy seamless indoor-outdoor living with a private balcony and a spacious 267 sq/ft roof top deck with electrical, water and gas hookup, perfect for morning coffee or evening entertaining with sweeping forest and mountain views. The large carport offers convenient covered parking for 2 vehicles, and additional storage. Bonus 4&#8217;10&#8221; full crawlspace for storage. Thoughtfully designed with quality finishes throughout, this home delivers effortless modern living in a desirable location close to shopping, parks, and vibrant local amenities.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1018597-113-1201-nova-crt-langford-v9b-0t7.107266465">https://dalesheppard.com/search-listings/featured-listings/#!listing.1018597-113-1201-nova-crt-langford-v9b-0t7.107266465</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-4878 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>216-1375 Bear Mountain PKWY  $529,800</strong></p>
<p style="text-align: center;"> Located on Bear Mountain in the popular St. Andrew&#8217;s Walk. Quietly tucked away overlooking the 9th fairway, this beautifully updated 2 bed condo offers a rare blend of privacy and effortless living. Covered south-facing deck invites you to unwind as the afternoon sun shines bright into the suite, and enjoy the tranquil golf course views &amp; the gentle flutter of hummingbirds. The gourmet kitchen, featuring granite counters &amp; a comfortable eating island, flows effortlessly into the Living and Dining areas, creating a bright, open-concept space with a cozy electric fireplace. Updates includes quality wood floors, newer appliances, built-in cupboard organizers that maximize function and style, Murphy bed in 2nd bedroom. Lots of storage, bike area, and secure underground parking. A truly inviting home in a peaceful natural setting. Just Steps away from the Village, Westin Hotel &amp; Spa, Athletic Club, &amp; restaurants. Secure parking, Pets allowed</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1020510-216-1375-bear-mountain-pkwy-langford-v9b-0c9.107348919">https://dalesheppard.com/search-listings/featured-listings/#!listing.1020510-216-1375-bear-mountain-pkwy-langford-v9b-0c9.107348919</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-4879 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1954 Polo Park Crt  $849,800</strong></p>
<p style="text-align: center;"> Impeccably presented and thoughtfully designed, this three-bedroom residence offers over 1,600 sq ft of refined living in one of Saanichton’s most convenient &amp; desirable settings. Soaring ceilings &amp; abundant natural light create an airy sense of space throughout. The gourmet kitchen features a corner island &amp; breakfast area, perfect for casual mornings, while the spacious living and dining areas open seamlessly and lead to a private garden patio. The main-floor primary bedroom offers a spa-inspired ensuite with a soaker tub and separate shower and walk-in closet. Upstairs has two more spacious bedrooms and a main bathroom. A double garage and private driveway for 2 more cars complete the package. Lots of storage. Located just steps from shopping, cafés, and local amenities, and centrally located for easy commute to both Sidney and Victoria, this exceptional home blends comfort, lifestyle, and location in perfect harmony.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1020418-1954-polo-park-crt-central-saanich-v8m-2k1.107348968">https://dalesheppard.com/search-listings/featured-listings/#!listing.1020418-1954-polo-park-crt-central-saanich-v8m-2k1.107348968</a></p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-3116 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg" alt="" width="300" height="169" srcset="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1024x575.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-768x432.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1536x863.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-2048x1151.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong> Lot A 265 Trans Canada Hwy  $3,999,800</strong></p>
<p style="text-align: center;">Moon Water Lodge is a beautiful west coast designed boutique Hotel situated on a special 9.58acre parcel with spectacular panoramic ocean and mountain views of Finlayson Arm and Mt. Finlayson. The business is running very well and is quite self sufficient. 8400 sq/ft on 4 levels with 14 rooms with potential to expand as lowest level is unfinished. Sale includes the business, building and land. The large acreage has great potential as well. Hotel was built in 2002. The rooms are all positioned to take advantage of the views, with kitchenettes, propane fireplaces, soaker tubs. Real Estate and Business are included in sale. All Business equipment, supplies and web site are included. Serviced by septic treatment plant and drilled well. Located next door to the Malahat Chalet restaurant. Call for appointment.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197">https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone size-medium wp-image-5123" src="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/01-primary-exterior-1-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>933 Turnstone Ridge  $619,800</strong></p>
<p style="text-align: center;">Popular Turnstone Ridge Development in the Happy Valley area of South Langford. 3 Story Modern Townhouse offering 2 spacious Bedrooms &amp; 2 Bathrooms. You will Love the Open Living Concept main floor with Designer Kitchen &amp; Quartz Counters, Stainless Appliances, Gas Fireplace, Gas On Demand Hot Water, Gas Cooktop on Oven, Gas Line to Patio for BBQ. Updated Ductless Heat Pump for Cool Summers and Warm Winters. This unit will impress with its Quality Finishes, includes Laminate Flooring, Ceramic Tiles, Luxury Carpets, Closet Organizers, some updated hardware and fixtures. Large Tandem Double Car Garage with roughed in EV Charger, and extra storage! This unit has a Private Rear Patio off the Kitchen. Located a short walking distance to Happy Valley Elementary and the Galloping Goose Trail. 10 minutes to Belmont Market and Royal Bay. 2-5-10 New Home Warranty.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1022997-933-turnstone-ridge-langford-v9c-0j4.107640114">https://dalesheppard.com/search-listings/featured-listings/#!listing.1022997-933-turnstone-ridge-langford-v9c-0j4.107640114</a></p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-5124 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2026/01/01-common-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>109 797 Tyee Rd  $698,800</strong></p>
<p style="text-align: center;">The Gateyard is a quality-built Vic West complex in the Railyards community fronting the Selkirk Waterway and close to the Galloping Goose Trail. Spacious 2 bedroom, 2 bath condo with 2 parking spots, separate storage and 2 pets allowed! 973 sq/ft plus a 309 sq.ft private and part covered garden patio. Cozy electric fireplace in the spacious livingroom, large kitchen with stainless appliances and wood floors. Nice open layout to the spacious livingroom and dining area with a cozy electric fireplace and leading to the entertaining sized patio. Primary bedroom has 4 piece ensuite and large closet space, in-suite laundry, 2 in ground secure parking spots. Short walk to amenities, and minutes to downtown Victoria. Pet friendly.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1022397-109-797-tyee-rd-victoria-v9a-7r4.107575446">https://dalesheppard.com/search-listings/featured-listings/#!listing.1022397-109-797-tyee-rd-victoria-v9a-7r4.107575446</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-january-2026/">Victoria Real Estate Market Update-January 2026</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<item>
		<title>Victoria Real Estate Market Update-December 2025</title>
		<link>https://dalesheppard.com/victoria-real-estate-market-update-december-2025-2/</link>
		
		<dc:creator><![CDATA[Dale Sheppard]]></dc:creator>
		<pubDate>Tue, 09 Dec 2025 21:49:19 +0000</pubDate>
				<category><![CDATA[Victoria Real Estate News]]></category>
		<category><![CDATA[2025]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[Market Trends]]></category>
		<category><![CDATA[realtor real estate victoria bc dale sheppard]]></category>
		<category><![CDATA[victoria bc]]></category>
		<guid isPermaLink="false">https://dalesheppard.com/?p=4876</guid>

					<description><![CDATA[<p>December 2025 December is here, and the holiday season is rapidly approaching. I wish you and your family all the best over the holidays, and a prosperous New Year! The Victoria Real Estate market has remained stable over the last few months. Sales numbers dropped in November but that is typical as we near the [&#8230;]</p>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-december-2025-2/">Victoria Real Estate Market Update-December 2025</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="wp-image-4877 size-medium aligncenter" title="Stay cool this Summer." src="https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-300x225.jpeg" alt="" width="300" height="225" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-300x225.jpeg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-1024x768.jpeg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-768x576.jpeg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-1536x1153.jpeg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/processed-D3B60198-49A7-4A66-8C36-4C2704E65CD3-2048x1537.jpeg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<h3 style="text-align: center;"></h3>
<h2>December 2025</h2>
<p>December is here, and the holiday season is rapidly approaching. I wish you and your family all the best over the holidays, and a prosperous New Year!<br />
The Victoria Real Estate market has remained stable over the last few months. Sales numbers dropped in November but that is typical as we near the end of the year. While interest rates are poised to remain unchanged in the coming months, and listing inventory on the higher side, prices continue to remain stable, which shows the resilience of the Victoria market. Not much is expected to change in the Greater Victoria market for the remainder of the year, and into 2026.</p>
<p><em>Below are some statistics for November 2025 throughout the Greater Victoria region</em></p>
<h3><strong><u>Listing Inventory:</u></strong></h3>
<p>There were 3,152 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of November 2025, a decrease of 7.9 % compared to the previous month of October and an 11.1 % increase from the 2,836 active listings for sale at the end of November 2024. Today’s elevated inventory is giving buyers exceptional selection, but it also puts pressure on sellers to price sharply to stand out. With roughly one in seven properties selling each month, proper pricing is essential for Sellers to attract viewings and offers.</p>
<h3><strong><u>Sales:</u></strong></h3>
<p>A total of 451 properties sold in the Victoria Real Estate Board region this November, 18.1 % fewer than the 551 properties sold in November 2024 and 26.9 % fewer than in October 2025. Sales of condominiums decreased by 36 % from November 2024 with 119 units sold. Sales of single-family homes decreased by 8.4 % from November 2024 with 241 sold. The sales numbers decreased considerable in November. Declining numbers towards the end of a year are not unusual, but with interest rates lower today than in 2024, this is unusual. The effects of the global and Canadian economic picture might be catching up with our local markets. The coming months should remain relatively unchanged, but it is hard to predict outcomes in these uncertain times.</p>
<h3><strong><u>Average Victoria Real Estate Prices:</u></strong></h3>
<p>The Multiple Listing Service® Home Price Index* benchmark value for a single family home in the Victoria Core in November 2024 was $1,313,900. The benchmark value for the same home in November 2025 decreased by 2.8 % to $1,276,700, down from October’s value of $1,280,100. The MLS® HPI benchmark value for a condominium in the Victoria Core area in November 2024 was $542,100, while the benchmark value for the same condominium in November 2025 increased by 2 % to $553,100, up from the October value of $549,000. Single-family home prices are not only lower than in 2024, but they also dipped slightly compared to October of this year. With inventory remaining high, sellers need to price accurately to capture buyer interest. Condo prices saw a small month-over-month increase, but condos continue to be more challenging to sell due to oversupply. Overall, prices across Greater Victoria have been relatively stable and are expected to remain this way for the foreseeable future.</p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>For the full Victoria Real Estate Boards Statistical Package for 2025 click on the following link below</strong></p>
<p style="text-align: center;"><a href="https://www.vreb.org/current-statistics#gsc.tab=0">https://www.vreb.org/current-statistics#gsc.tab=0</a></p>
<p>&nbsp;</p>
<p style="text-align: center;"><strong>The BC Tax Assessment Values are now out for 2025. </strong><br />
You can click on the link below to confirm your current assessed value. If you have any questions about these values, please reach out to me and I can do some research to verify if they are inline with the neighborhoods values.</p>
<p style="text-align: center;"><a href="https://www.bcassessment.ca/">https://www.bcassessment.ca/</a></p>
<p>&nbsp;</p>
<h1 style="text-align: center;">Featured Listings:</h1>
<p>&nbsp;</p>
<p style="text-align: center;"><img loading="lazy" decoding="async" class="alignnone wp-image-4271 size-medium" src="https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/11/03-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>113 1201 Nova Crt $749,800</strong></p>
<p style="text-align: center;"> Step into contemporary elegance with this beautifully appointed 3-bedroom, 2-bath modern townhome — a perfect blend of design, comfort, and functionality. The open-concept layout is filled with natural light, featuring a sleek fireplace as the centerpiece of the living area. 14&#8242; vaulted ceilings, quartz counters in kitchen, wide plank ,aminate flooring, natural gas stove and tankless hot water heater. Primary bedroom has ensuite and large walk-in closet. Enjoy seamless indoor-outdoor living with a private balcony and a spacious 267 sq/ft roof top deck with electrical, water and gas hookup, perfect for morning coffee or evening entertaining with sweeping forest and mountain views. The large carport offers convenient covered parking for 2 vehicles, and additional storage. Bonus 4&#8217;10&#8221; full crawlspace for storage. Thoughtfully designed with quality finishes throughout, this home delivers effortless modern living in a desirable location close to shopping, parks, and vibrant local amenities.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1018597-113-1201-nova-crt-langford-v9b-0t7.107266465">https://dalesheppard.com/search-listings/featured-listings/#!listing.1018597-113-1201-nova-crt-langford-v9b-0t7.107266465</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-4878 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/01-common-common-primary-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>216-1375 Bear Mountain PKWY  $529,800</strong></p>
<p style="text-align: center;">OPEN HOUSE SAT, DEC 13TH, 10:00AM-11:30AM. Located on Bear Mountain in the popular St. Andrew&#8217;s Walk. Quietly tucked away overlooking the 9th fairway, this beautifully updated 2 bed condo offers a rare blend of privacy and effortless living. Covered south-facing deck invites you to unwind as the afternoon sun shines bright into the suite, and enjoy the tranquil golf course views &amp; the gentle flutter of hummingbirds. The gourmet kitchen, featuring granite counters &amp; a comfortable eating island, flows effortlessly into the Living and Dining areas, creating a bright, open-concept space with a cozy electric fireplace. Updates includes quality wood floors, newer appliances, built-in cupboard organizers that maximize function and style, Murphy bed in 2nd bedroom. Lots of storage, bike area, and secure underground parking. A truly inviting home in a peaceful natural setting. Just Steps away from the Village, Westin Hotel &amp; Spa, Athletic Club, &amp; restaurants. Secure parking, Pets allowed</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1020510-216-1375-bear-mountain-pkwy-langford-v9b-0c9.107348919">https://dalesheppard.com/search-listings/featured-listings/#!listing.1020510-216-1375-bear-mountain-pkwy-langford-v9b-0c9.107348919</a></p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="wp-image-4879 size-medium aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg" alt="" width="300" height="200" srcset="https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-1536x1024.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/12/01-exterior-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong>1954 Polo Park Crt  $849,800</strong></p>
<p style="text-align: center;">OPEN HOUSE SUNDAY, DECEMBER 14TH, 1-3PM. Impeccably presented and thoughtfully designed, this three-bedroom residence offers over 1,600 sq ft of refined living in one of Saanichton’s most convenient &amp; desirable settings. Soaring ceilings &amp; abundant natural light create an airy sense of space throughout. The gourmet kitchen features a corner island &amp; breakfast area, perfect for casual mornings, while the spacious living and dining areas open seamlessly and lead to a private garden patio. The main-floor primary bedroom offers a spa-inspired ensuite with a soaker tub and separate shower and walk-in closet. Upstairs has two more spacious bedrooms and a main bathroom. A double garage and private driveway for 2 more cars complete the package. Lots of storage. Located just steps from shopping, cafés, and local amenities, and centrally located for easy commute to both Sidney and Victoria, this exceptional home blends comfort, lifestyle, and location in perfect harmony.</p>
<p style="text-align: center;">View Listing here <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1020418-1954-polo-park-crt-central-saanich-v8m-2k1.107348968">https://dalesheppard.com/search-listings/featured-listings/#!listing.1020418-1954-polo-park-crt-central-saanich-v8m-2k1.107348968</a></p>
<p><img loading="lazy" decoding="async" class="size-medium wp-image-3116 aligncenter" src="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg" alt="" width="300" height="169" srcset="https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-300x169.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1024x575.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-768x432.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-1536x863.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/09/smaller-3-2048x1151.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p style="text-align: center;"><strong> Lot A 265 Trans Canada Hwy  $3,999,800</strong></p>
<p style="text-align: center;">Moon Water Lodge is a beautiful west coast designed boutique Hotel situated on a special 9.58acre parcel with spectacular panoramic ocean and mountain views of Finlayson Arm and Mt. Finlayson. The business is running very well and is quite self sufficient. 8400 sq/ft on 4 levels with 14 rooms with potential to expand as lowest level is unfinished. Sale includes the business, building and land. The large acreage has great potential as well. Hotel was built in 2002. The rooms are all positioned to take advantage of the views, with kitchenettes, propane fireplaces, soaker tubs. Real Estate and Business are included in sale. All Business equipment, supplies and web site are included. Serviced by septic treatment plant and drilled well. Located next door to the Malahat Chalet restaurant. Call for appointment.</p>
<p style="text-align: center;">View Listing here  <a href="https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197">https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197</a></p>
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<p>We closely monitor the Victoria BC real estate market. If you or any of your family or friends require related information, feel free to contact Dale at <a title="Victoria BC real estate market advice" href="tel:+1250-744-0844">250-744-0844</a>, or email him through his website: <a href="http://www.dalesheppard.com">www.dalesheppard.com</a></p>
<h6>The information contained in this blog is for general information purposes only. The information is provided by Dale Sheppard and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog.</h6>
<p>The post <a href="https://dalesheppard.com/victoria-real-estate-market-update-december-2025-2/">Victoria Real Estate Market Update-December 2025</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<title>1954 Polo Park Crt in Central Saanich</title>
		<link>https://dalesheppard.com/1954-polo-park-crt-in-central-saanich/</link>
		
		<dc:creator><![CDATA[Shawn]]></dc:creator>
		<pubDate>Mon, 24 Nov 2025 22:05:08 +0000</pubDate>
				<guid isPermaLink="false">https://dalesheppard.com/?page_id=4697</guid>

					<description><![CDATA[<p>The post <a href="https://dalesheppard.com/1954-polo-park-crt-in-central-saanich/">1954 Polo Park Crt in Central Saanich</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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										<content:encoded><![CDATA[<p><iframe id="mrplistings" name="mrplistings" scrolling="no" src="https://idx.myrealpage.com/wps/-/tmpl~v2,sliders~no,collapse_sliders~yes,noframe~true/recip/52728/search-1396399.def/listing.1020418-1954-polo-park-crt-central-saanich-v8m-2k1.107348968" style="height: 6453px; width: 100%; border: none;"></iframe></p>
<p>The post <a href="https://dalesheppard.com/1954-polo-park-crt-in-central-saanich/">1954 Polo Park Crt in Central Saanich</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<title>Victoria Home Selling Guide</title>
		<link>https://dalesheppard.com/sellers/victoria-home-selling-guide/</link>
		
		<dc:creator><![CDATA[Shawn]]></dc:creator>
		<pubDate>Fri, 31 Oct 2025 04:32:00 +0000</pubDate>
				<guid isPermaLink="false">https://dalesheppard.com/?page_id=4028</guid>

					<description><![CDATA[<p>Langford BC is a growing, sough after community. In real estate, timing influences your home's selling price. Work with Dale Sheppard and his team. We can make timing work for you.</p>
<p>The post <a href="https://dalesheppard.com/sellers/victoria-home-selling-guide/">Victoria Home Selling Guide</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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									<h3 data-start="433" data-end="504">Selling Your Victoria BC Home &amp; How Dale Sheppard Can Help</h3><p data-start="506" data-end="808"><img loading="lazy" decoding="async" class="alignright wp-image-3073" src="https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc.jpg" alt="" width="600" height="400" srcset="https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc.jpg 1600w, https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc-300x200.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc-1024x683.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc-768x512.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/08/scenic-waterfront-view-of-victoria-homes-in-autumn-2025-03-16-00-59-29-utc-1536x1024.jpg 1536w" sizes="(max-width: 600px) 100vw, 600px" /><br />The Westshore is growing! Langford is one of the fastest-growing cities in British Columbia. Likewise, Colwood, Sooke, and Metchosin are attracting new residents from around Canada and elsewhere in Victoria.</p><p data-start="506" data-end="808">New schools, shopping centres, and family-friendly neighbourhoods, are springing up to keep up with demand in the most in-demand communities in Greater Victoria.</p><p data-start="506" data-end="808">If you’re a homeowner here, there has never been a better time to list your house for sale. Westshore is a sought after community for people looking for a high quality of life close to amenities: shopping, recreation, dining and some great schools opened to satisfy the population influx.</p><h3 data-start="810" data-end="857">Why Now is the Right Time for You to Sell</h3><ul data-start="858" data-end="1218"><li data-start="858" data-end="955"><p data-start="860" data-end="955"><strong data-start="860" data-end="882">Peak Market Values</strong>: Your Victoria home is worth more now than almost any time in history.</p></li><li data-start="956" data-end="1074"><p data-start="958" data-end="1074"><strong data-start="958" data-end="979">High Buyer Demand</strong>: Families and professionals who can’t find space in Victoria’s core will pay a premium to live in the most sought after region of Canada.</p></li><li data-start="1075" data-end="1218"><p data-start="1077" data-end="1218"><strong data-start="1077" data-end="1102">Competition is Coming</strong>: Homeowners with valuable Victoria properties are mulling over this prospect, just as you may be, selling now means your home can stand out before more listings enter the market.</p></li></ul><h2>What Buyers Love About Victoria</h2><p>When you sell your Victoria home, you&#8217;re offering buyers much more than a house — you&#8217;re offering a lifestyle steeped in history, culture, and natural beauty:</p><ul><li><strong>Iconic Inner Harbour:</strong> The heart of the city, featuring the BC Legislature, Royal BC Museum, Empress Hotel, and year-round festivals and events</li><li><strong>Dallas Road Waterfront Trail:</strong> Nearly 6 km of spectacular oceanfront pathway with views of the Olympic Mountains, perfect for walking, running, and cycling</li><li><strong>Heritage Architecture:</strong> Beautiful Victorian and Edwardian homes, many lovingly restored and designated heritage properties</li><li><strong>Walkable Neighbourhoods:</strong> Tree-lined streets with local shops, cafés, schools, and parks all within walking distance</li><li><strong>Beacon Hill Park:</strong> 200 acres of gardens, walking trails, playgrounds, ocean access, and recreational facilities</li><li><strong>Cultural Attractions:</strong> Museums, galleries, theatres, and year-round festivals make Victoria a cultural hub</li><li><strong>Cook Street Village &amp; Village Centers:</strong> Charming neighbourhood shopping districts with local boutiques, restaurants, and community character</li><li><strong>Ocean Views:</strong> From Fairfield to James Bay, many Victoria homes offer stunning views of the Strait of Juan de Fuca and the Olympic Mountains</li></ul><h2>Victoria&#8217;s Most Desirable Neighbourhoods</h2><h3>James Bay</h3><p>Often described as a funky heritage beach village, James Bay is surrounded by water on three sides and is Victoria&#8217;s oldest residential neighbourhood. Home to the BC Legislature, Beacon Hill Park, Fisherman&#8217;s Wharf, and the iconic Ogden Point Breakwater, James Bay offers an unbeatable combination of historic charm and oceanfront lifestyle. Character homes line leafy streets, and the walkability to downtown Victoria makes this one of the city&#8217;s most prestigious addresses.</p><h3>Fairfield</h3><p>Victoria&#8217;s largest neighbourhood by population and area, Fairfield is known for its grand heritage homes, tree-lined streets, and proximity to the ocean. The neighbourhood features Cook Street Village — one of Victoria&#8217;s most beloved shopping and dining districts — as well as Ross Bay Cemetery and easy access to Dallas Road&#8217;s spectacular waterfront pathway. From historic estates to modern condos, Fairfield offers exceptional quality of life with parks, schools, and the ocean all within walking distance.</p><h3>Oaklands</h3><p>A central, walkable neighbourhood located between Hillside-Quadra, Jubilee, and Saanich, Oaklands offers a suburban feel with urban convenience. Streets lined with mature Garry Oaks and Chestnut trees create a beautiful canopy over well-maintained homes from the early 1900s to present day. With Hillside Shopping Centre, excellent schools, parks, recreation centres, and close proximity to downtown and UVic, Oaklands is perfect for families and professionals seeking an established community.</p><h3>Jubilee</h3><p>Known as Victoria&#8217;s &#8220;Hospital District,&#8221; Jubilee is home to Royal Jubilee Hospital and attracts healthcare professionals, families, and anyone seeking a quiet residential neighbourhood near Oak Bay and Saanich. The area features a mix of character homes and more modern residences, excellent schools, parks, and convenient access to Fort Street and Oak Bay Avenue&#8217;s shopping and dining. Jubilee offers peaceful, tree-lined streets with all the amenities of urban living.</p><h3>Dallas Road</h3><p>While technically a street rather than a neighbourhood, Dallas Road properties are in a category of their own. Homes along or near Dallas Road enjoy unobstructed ocean views, direct beach access, and proximity to the world-famous Dallas Road Waterfront Trail. With panoramic views of the Strait of Juan de Fuca and Washington&#8217;s Olympic Mountains, Dallas Road represents some of the most prestigious and valuable real estate in all of Greater Victoria. These properties rarely come on the market and command premium prices.</p><p> </p><h3 data-start="1505" data-end="1538">Why Work With Dale Sheppard?</h3><p data-start="1539" data-end="1668">Dale knows the Westshore communities inside and out. He’ll make sure your home is marketed to the right buyers and positioned to get top dollar.</p><ul data-start="1082" data-end="1346"><li data-start="1082" data-end="1125"><p data-start="1084" data-end="1125"><strong data-start="1084" data-end="1123">Top 10% Realtor in Greater Victoria</strong></p></li><li data-start="1126" data-end="1156"><p data-start="1128" data-end="1156"><strong data-start="1128" data-end="1154">1,600+ families served</strong></p></li><li data-start="1157" data-end="1277"><p data-start="1159" data-end="1277"><strong data-start="1159" data-end="1184">Award-winning results</strong> — including RE/MAX Lifetime Achievement, Diamond Club, and 25+ consecutive Gold MLS Awards</p></li><li data-start="1278" data-end="1346"><p data-start="1280" data-end="1346"><strong data-start="1280" data-end="1313">Victoria-born, Saanich-raised</strong> — local knowledge you can’t fake</p></li></ul><p data-start="1348" data-end="1552">Dale isn’t just selling homes — he’s building futures. His expert pricing strategy, proven marketing systems, and skilled negotiation deliver <strong data-start="1490" data-end="1507">the best value</strong> for sellers who want results without stress.</p><p style="text-align: center;" data-start="1670" data-end="1772"><strong>Ready to sell your Victoria home?</strong></p>								</div>
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		<p>The post <a href="https://dalesheppard.com/sellers/victoria-home-selling-guide/">Victoria Home Selling Guide</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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		<title>Saanich Home Selling Guide</title>
		<link>https://dalesheppard.com/sellers/saanich-home-selling-guide/</link>
		
		<dc:creator><![CDATA[Shawn]]></dc:creator>
		<pubDate>Fri, 31 Oct 2025 04:08:33 +0000</pubDate>
				<guid isPermaLink="false">https://dalesheppard.com/?page_id=4022</guid>

					<description><![CDATA[<p>Langford BC is a growing, sough after community. In real estate, timing influences your home's selling price. Work with Dale Sheppard and his team. We can make timing work for you.</p>
<p>The post <a href="https://dalesheppard.com/sellers/saanich-home-selling-guide/">Saanich Home Selling Guide</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
]]></description>
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									<h3 data-start="433" data-end="504">Sell Your Saanich Home With Confidence — Work With Dale Sheppard</h3><p data-start="506" data-end="808"><img loading="lazy" decoding="async" class="alignright wp-image-4024" src="https://dalesheppard.com/wp-content/uploads/2025/10/saanich-1024x745.jpg" alt="" width="640" height="465" srcset="https://dalesheppard.com/wp-content/uploads/2025/10/saanich-1024x745.jpg 1024w, https://dalesheppard.com/wp-content/uploads/2025/10/saanich-300x218.jpg 300w, https://dalesheppard.com/wp-content/uploads/2025/10/saanich-768x559.jpg 768w, https://dalesheppard.com/wp-content/uploads/2025/10/saanich-1536x1117.jpg 1536w, https://dalesheppard.com/wp-content/uploads/2025/10/saanich-2048x1489.jpg 2048w" sizes="(max-width: 640px) 100vw, 640px" /></p><p>Saanich is one of Greater Victoria&#8217;s most desirable communities, and for good reason. With more parks per capita than any other municipality in British Columbia, top-rated schools, and a perfect blend of urban convenience and natural beauty, Saanich offers an unmatched quality of life.</p><p>Whether your home is in Gordon Head, Royal Oak, Broadmead, Cadboro Bay, or any of Saanich&#8217;s diverse neighbourhoods, now is an excellent time to capitalize on strong market demand and position your property for maximum value.</p><h2>What Buyers Love About Saanich</h2><p>When you sell your Saanich home, you&#8217;re selling much more than a property. You&#8217;re offering a lifestyle that buyers actively seek out:</p><ul><li><strong>170+ Parks and Trails:</strong> More parks per capita than anywhere else in BC, including Mount Douglas Park with its 188 hectares of forests and 21 kilometers of trails</li><li><strong>Lakes and Waterfront:</strong> Beaver Lake, Elk Lake, and ocean access for swimming, boating, and year-round recreation</li><li><strong>Top-Rated Schools:</strong> Highly regarded elementary and secondary schools throughout the district</li><li><strong>Urban Conveniences:</strong> Excellent shopping at Broadmead Village, Uptown, Tillicum Centre, and Shelbourne Plaza</li><li><strong>Safe, Family-Friendly Communities:</strong> Established neighbourhoods with strong community connections</li><li><strong>Recreation Facilities:</strong> Saanich Commonwealth Place, Pearkes Recreation Centre, and numerous community centers</li><li><strong>Location:</strong> Minutes to downtown Victoria, UVic, the airport, and the BC Ferries terminal</li><li><strong>Natural Beauty:</strong> From the Gorge Waterway to Mount Tolmie&#8217;s summit views, nature is woven into daily life</li></ul><h3>Why This Is The Right Time To Sell</h3><ul><li><strong>Strong Market Fundamentals:</strong> Saanich homes continue to attract buyers seeking quality of life, excellent schools, and proximity to both nature and urban amenities.</li><li><strong>Limited Inventory:</strong> Buyer demand outpaces available listings in Saanich&#8217;s most sought-after neighbourhoods, creating competitive conditions that favor sellers.</li><li><strong>University Proximity:</strong> With the University of Victoria nearby, there&#8217;s steady demand from faculty, staff, and families who value Saanich&#8217;s academic community and safe, family-friendly environment.</li><li><strong>Lifestyle Appeal:</strong> Today&#8217;s buyers are prioritizing outdoor access, green spaces, and community amenities — and Saanich delivers all of this better than anywhere else in Greater Victoria.</li></ul><h3 data-start="1505" data-end="1538">Why Work With Dale Sheppard?</h3><p data-start="1539" data-end="1668">Dale grew up in Saanich. He knows Saanich and its neighbourhoods inside and out. He’ll make sure your home is marketed to the right buyers and positioned to get top dollar.</p><ul data-start="1082" data-end="1346"><li data-start="1082" data-end="1125"><p data-start="1084" data-end="1125"><strong data-start="1084" data-end="1123">Top 10% Realtor in Greater Victoria</strong></p></li><li data-start="1126" data-end="1156"><p data-start="1128" data-end="1156"><strong data-start="1128" data-end="1154">1,600+ families served</strong></p></li><li data-start="1157" data-end="1277"><p data-start="1159" data-end="1277"><strong data-start="1159" data-end="1184">Award-winning results</strong> — including RE/MAX Lifetime Achievement, Diamond Club, and 25+ consecutive Gold MLS Awards</p></li><li data-start="1278" data-end="1346"><p data-start="1280" data-end="1346"><strong data-start="1280" data-end="1313">Victoria-born, Saanich-raised</strong> — local knowledge you can’t fake</p></li></ul><p data-start="1348" data-end="1552">Dale isn’t just selling homes — he’s building futures. His expert pricing strategy, proven marketing systems, and skilled negotiation deliver <strong data-start="1490" data-end="1507">the best value</strong> for sellers who want results without stress.</p><p style="text-align: center;" data-start="1670" data-end="1772"><strong>Ready to sell your Saanich home?</strong></p>								</div>
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		<p>The post <a href="https://dalesheppard.com/sellers/saanich-home-selling-guide/">Saanich Home Selling Guide</a> appeared first on <a href="https://dalesheppard.com">Dale Sheppard</a>.</p>
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