September 2025
As we enter the fall season, the Victoria real estate market continues to remain in balance. September’s numbers reveal a steady flow of activity, with both sales and inventory adjusting to seasonal and economic trends. Prices must be sharp to attract Buyers, as there are more homes currently for sale than in previous fall markets.
Below are some of the statistics for September 2025
Listing Inventory:
There were 3,694 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2025, an increase of 2.6 % compared to the previous month of August and a 9% increase from the 3,361 active listings for sale at the end of September 2024. The increase in listings is making it harder to sell homes, so Sellers must price their homes well to attract Buyers.
Sales:
A total of 554 properties sold in the Victoria Real Estate Board region this September, 3 % fewer than the 571 properties sold in September 2024 and 5.5 % more than in August 2025. Sales of condominiums decreased by 18.5 % from September 2024 with 154 units sold. Sales of single family homes increased by 6.3 % from September 2024 with 289 sold. Condo sales numbers continue to trail single family sales.
Average Victoria Real Estate Prices:
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in September 2024 was $1,279,700. The benchmark value for the same home in September 2025 increased by 1.2 % to $1,294,800, down from August’s value of $1,308,100. The MLS® HPI benchmark value for a condominium in the Victoria Core area in September 2024 was $553,400, while the benchmark value for the same condominium in September 2025 decreased by 1.1 % to $547,500, down from the August value of $551,300. Prices softened slightly in September, and mostly as a result of the increased listing inventory at this time.
For the full Victoria Real Estate Boards Statistical Package for 2025 click on the following link below
https://www.vreb.org/current-statistics#gsc.tab=0
The BC Tax Assessment Values are now out for 2025.
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 neighbourhood values.
Featured Listing:
1375 Neild Rd $499,800
| Stunning Metchosin location with panoramic Mountain & Ocean Views on this large 10.45 Acre lot nestled on a beautiful scenic mountainside with Complete Privacy, and views of both the rugged coastal terrain, Olympic Mountains and ocean views to the South. A true sanctuary, this property delivers total seclusion while still being within easy reach of town amenities, as it is only 10-15 minutes from Belmont Market and all local Langford amenities. The elevated setting ensures breathtaking sunrises, vivid sunsets, and an ever-changing vista of natural beauty. The gently sloping and level areas provide versatile building site options. Whether you envision a peaceful retreat, an outdoor adventure base, or a legacy property to enjoy for generations, this rare offering combines unmatched scenery, privacy, and potential. There is a drilled well on the property and Hydro on Neild Rd. |
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1011124-1375-neild-rd-metchosin-v9c-4h4.106643248
627 Rason Rd $1,229,800
| Great Thetis Heights family area in Langford. Spacious 5 Bedroom, 4 Bathroom family home with 2 bedroom legal suite. Featuring hardwood floors, stainless steel appliances, and a stunning double-sided fireplace, this home blends comfort and style. Both living areas are bright and welcoming, with plenty of room for family gatherings. Upstairs offers generous bedrooms, walk in closet and ensuite with jetted tub, Ample cabinet space and lots of natural light, while the lower-level suite—with its own private entrance—provides excellent flexibility for extended family or rental income. Enjoy outdoor living with a sunny deck, shaded sitting areas, and a fully fenced yard. Heat pumps for air conditioning in the summer. The crawl space is full height with room for more development and great storage, an office area is set up in this space. A double garage plus ample parking make this property ideal for families on the go. Conveniently located near schools, parks, and amenities. |
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1014390-627-rason-rd-langford-v9b-6c3.106983061
106 2049 Country Club Way $624,800
| Welcome to The Lofts, one of Bear Mountain’s most sought after residences. This spacious & light-filled industrial designed 1-bed, 1-bath ground level corner unit offers 957 sqft of living space plus a 270 sqft patio. Features include soaring 15 ft ceilings, powered blinds & modern concrete flooring throughout, styled to perfection with no detail overlooked. Kitchen features top of the line stainless appliances with gas range stove. Relax by the fireplace in the adjacent living room which seamlessly connects to the walk-out patio, ideal for year-round indoor/outdoor entertaining with gas BBQ outlet. The primary bedroom is cozy & well laid out, with plenty of storage & the bathroom features a double vanity, heated floor, and an oversized shower. Underground parking & storage included, 2 pets allowed. Offering both luxury & practicality, you are just steps away from all of the amazing amenities on Bear Mountain, including world-class golf courses, fitness centre with pool and restaurants |
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1003729-106-2049-country-club-way-langford-v9b-0h8.106165778
6885 Laura’s Lane $749,800
| Well priced family home in a popular Family Neighbourhood in Sooke, only minutes to all local amenities in the town core. Quality built in 2015, this one level rancher styled home is elegantly designed with 3 bedrooms, 2 baths 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 & gas cooktop. Dining with slider to sunny back patio. Spacious bedrooms, including a primary with huge walk-in closet & spa-like 5pc ensuite. Hot water on demand, quality finishes throughout. Fully fenced, irrigated & beautifully landscaped with pear trees, grapevines & Japanese maple. Large over sized garage. A perfect blend of comfort & style! Well priced! Listed below BC Assessed value. |
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1011348-6885-laura-s-lane-sooke-v9z-0p8.106706462
1124 Colville Rd $899,800
Great Esquimalt location, backing onto the Gorge Vale Golf Course. Zoning is RS-6, but Esquimalt indicated Small Scale Multi Family (RSM-2) Medium Density is permitted in this area. Charming 3 Bedroom rancher with loads of potential! This cozy home offers comfortable one-level living with a bright, functional layout. The inviting living room features a woodstove for warmth and character, while the kitchen with pantry provides plenty of space for your ideas. 3 bedrooms plus a potential 4th bedroom make this a great fit for families, downsizers, or investors. Step outside to enjoy the private, part fenced yard – perfect for kids, pets, or gardening with a huge entertaining deck with hot tub. Single garage plus parking in driveway for 2 cars. Conveniently located close to schools, parks, shopping, and transit. Only 10 minutes to downtown Victoria.
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1014997-1124-colville-rd-esquimalt-v9a-4p7.106959610
2744 Forbes Rd $949,800
| Great Oaklands family location in Victoria, across the street from David Spencer Park, and a block from Oaklands Elementary, Park and Community Centre. Spacious 2 story home with lots of potential but needs updating. Over 2400 sq/ft, 4 bedrooms, 2 baths, large living room with cozy wood fireplace, spacious and bright kitchen leading to a large utility laundry room and a rear covered deck with an exterior elevator. Lower level is awaiting your ideas with loads of potential. Large singe garage attached plus a huge bonus 838 sq/ft detached workshop/garage building. Sunny west facing rear yard, level and mostly fenced. Updated windows and 3 wall mounted heat pumps for comfortable year round temperatures and air conditioning. Vacant for quick possession. Great central location, and Only 10 minutes to downtown Victoria. Vacant, so quick possession available. |
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1015742-2744-forbes-st-victoria-v8r-4c3.107100194
Lot A 265 Trans Canada Hwy $3,999,800
| 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. |
View Listing here https://dalesheppard.com/search-listings/featured-listings/#!listing.1015717-lot-a-265-trans-canada-hwy-malahat-v0r-2l0.107100197
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
