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 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.
Below are some statistics for July 2026 throughout the Greater Victoria region.
Listing Inventory:
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.
Sales:
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.
Average Victoria Real Estate Prices:
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.
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
For the full Victoria Real Estate Boards Statistical Package for 2026 click on the following link below
🌐 Visit: https://www.vreb.org/current-statistics#gsc.tab=0
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
📞 Call me at 250-744-0844
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:
4468 Autumnwood Lane, $1,559,800
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’s most sought-after neighbourhoods.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1044785-4468-autumnwood-lane-saanich-v8x-4v8.109484025
312-1535 Pandora Ave, $429,800
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.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1043228-312-1545-pandora-ave-victoria-v8r-6r1.109320611
2909 Cressida Crescent, $1,027,800
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 & 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.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1042277-2909-cressida-cres-langford-v8x-3×2.109309472
9394 Brookwood Drive, $579,800
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 & 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.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1043533-9394-brookwood-dr-sidney-v8l-4h3.109331395
6869 Laura’s Lane, Sooke, $549,800
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 & 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 & 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.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1041555-6869-laura-s-lane-sooke-v9z-0p8.109225567
203-938 Dunford Ave $509,800
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 – 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 & 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 & more.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1038401-203-938-dunford-ave-langford-v9b-0m2.109052927
485 Sturdee St $799,800
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.1034905-485-sturdee-st-esquimalt-v9a-6r2.108696657
7 199 Atkins Rd $799,800
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.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1033107-7-199-atkins-rd-view-royal-v9b-2z9.108582990
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
