April 2026
Victoria Real Estate Board Market Report – 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 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.
Below are some statistics for March 2026 throughout the Greater Victoria region
Listing Inventory:
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.
Sales:
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.
Average Victoria Real Estate Prices:
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.
For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below
https://www.vreb.org/current-statistics#gsc.tab=0
The BC Tax Assessment Values for 2026.
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.
Featured Listings:
485 Sturdee St $869,800
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.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1026151-485-sturdee-st-esquimalt-v9a-6r2.108066181
1975 Jeffree Rd $949,800
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 & 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 & 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.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1025781-1975-jeffree-rd-central-saanich-v8m-1k1.108034989
3370 Alfred Pl $949,800
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 & common property septic system hydro and maintenance.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1025401-3370-alfred-pl-colwood-v9c-3j4.108044370
803-2000 Hannington Rd $749,800
Well Priced Luxury condominium in the beautiful “One Bear Mountain” 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 – 40′ 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 & microwave, Silestone counters. Spacious livingroom with cozy gas F/P. Primary Bdrm with walk-in closet & 4 piece ensuite. Enjoy exclusive amenities including 15th floor heated pool with panoramic views, 16th floor sky lounge & business Centre with concierge, 3rd floor gym & Yoga room. 1 parking spot, bike storage & separate storage locker. The perfect blend of luxury & convenience surrounded by natural beauty, golf course, restaurants, hotel, bike & walking trails.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1031678-803-2000-hannington-rd-langford-v9b-6r6.108480892
1670 Burnside Rd W $1,439,800
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 & wood beams. Bright Open concept. Gourmet kitchen with eating island & coffee nook. Office with gas F/p. 3 bdrms up, primary has deck & large walk-in closet. Lowest level has 1 bed & den self contained In-law. Outside is a gardeners paradise with level landscaped yard, greenhouse, vegetable gardens, mature perennial gardens, lots of fruit trees & berries. Large entertaining patio with kitchen & hot tub. Detached garage building with full bath, bdrm & kitchenette. Large circular driveway with lots of parking, room for trailer & boat. Great outdoor activities nearby including hiking & biking trails, lakes and Galloping Goose Trail. Minutes to all local amenities at Eagle Creek, 10 minutes to Costco, 20 minutes to Downtown Victoria.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1030379-1670-w-burnside-rd-saanich-v8x-3×3.108415002
2336 Nicklaus Dr $1,649,800
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 & Millstream Market, 30 minutes to Victoria.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1030172-2336-nicklaus-dr-langford-v9b-0l2.108346573
820-822 Leslie Dr $1,399,800
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 & 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 & Galloping Goose trail at your doorstep, and a short stroll to the Uptown Mall! 10 minutes to downtown. Excellent Revenue Property Opportunity.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1030162-820-822-leslie-dr-saanich-v8x-2y4.108346544
1002-777 Herald St $534,800
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.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1029664-1002-777-herald-st-victoria-v8t-0c7.108317543
308-835 View St $339,800
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 & natural light with new flooring & baseboards throughout. The living room is an inviting area for relaxation & entertainment & 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 – 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.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1025387-308-835-view-st-victoria-v8w-3w8.108025354
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1030379-1670-w-burnside-rd-saanich-v8x-3×3.108415002
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 250-744-0844, or email him through his website: www.dalesheppard.com
