September 2026
The Victoria real estate market experienced an increase in Sales in August while prices and listing inventory levels remained relatively unchanged. Not much should change in the coming months as we near the Fall market. The economic situation South of the border is contributing to some market uncertainty across Canada and our region, so let’s hope it sorts itself out sooner than later.
Below are some statistics for August 2026 throughout the Greater Victoria region.
Listing Inventory:
There were 3,662 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of August 2026, a decrease of 4.8% compared to the previous month of July and a 1.7 % increase from the 3,600 active listings for sale at the end of August 2025. Listing inventory remains stable but still on the high side giving Buyers lots of choice.
Sales:
A total of 591 properties were sold in the Victoria Real Estate Board region this August, 12.6 % more than the 525 properties sold in August 2025 and 12.2 % fewer than July 2026. Sales of condominiums increased by 15.1 % from August 2025, with 175 units sold. Sales of single family homes increased by 15.3 % from August 2025, with 309 sold. While sales were down from July, they were up substantially from August 2025, so there is still some good activity. However, sellers must price there homes competitively to attract Buyers and offers. Still only about one in 6 homes are selling per month.
Average Victoria Real Estate Prices:
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in August 2025 was $1,317,200. The benchmark value for the same home in August 2026 decreased by 0.6 % to $1,301,800, down from July’s value of $1,311,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in August 2025 was $548,900, while the benchmark value for the same condominium in August 2026 increased by 0.9 % to $553,600, up from the July value of $548,600. Prices have remained stable over the last few months, and with the Bank of Canada’s overnight interest rate remaining the same, not much should change in the coming months.
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, $1,549,800
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, $409,800
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
1161 Newport Ave, $2,399,800
Desirable South Oak Bay location, across the street from Windsor Park, and a block from the ocean. Rarely does a C-2 commercial opportunity like this come up for sale. Original character home built in 1911, is nicely updated and has 3 bedrooms. The commercial section at the front facing Newport Ave was built later with great visibility. Lower level of home has 1 bedroom suite. Total size is approximately 4300 sq/ft. Commercial space currently leased to one tenant and is approximately 3550 sq/ft. which includes the original home and the front Commercial office space. The lower level suite is not part of the lease, and is about 760 sq/ft. Large 7200 sq/ft lot. Nice updates throughout the commercial space and house. Great future potential for a work/live arrangement as house could be separated from commercial building at front, and it has it’s own address and separate side entrance. Also a great future redevelopment property.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1048129-1161-newport-ave-oak-bay-v8s-5e6.109742107
1518 Dallas Rd, $2,095,800
Sought after Dallas Rd location in Fairfield. Almost waterfront with beautiful sweeping ocean views from this quality built 1/2 duplex built in 2009. Perfectly positioned directly across from the seawall and famous waterfront walkway. This sunny south-east-facing home has a nice front porch and features large windows enhancing the expansive views of the Juan de Fuca Strait and stunning Olympic Mountains. Highlights include a single-car garage, two spacious upstairs bedrooms with vaulted ceilings, large ensuite and view balcony in primary bedroom. Spacious walk-out basement with 3-piece bathroom and a large family room which could be a 3rd bedroom area. Features include Pella windows, fir doors, radiant floor heating, and a Rumford wood-burning fireplace. Enjoy outdoor living in the private northwest-facing backyard with relaxing patio and mature fruit trees. Large single garage. Located in highly desirable Fairfield close to Cook Street Village—an exceptional location and lifestyle!
View Listing here:https://dalesheppard.com/search-listings/featured-listings/#!listing.1047193-1518-dallas-rd-victoria-v8s-1a3.109651021
503-815 Orono Ave, $469,800
Welcome to Pacific Trilogy, a modern mid-rise in the heart of Langford built in 2021. This bright, north-facing, 835 sq. ft. unit offers 2 spacious and separated bedrooms, 2 full bathrooms, 9’ ceilings, large windows, laminate floors and a spacious private covered balcony. The stylish kitchen features two-tone European cabinetry, soft-close drawers, quartz countertops, and quality stainless steel appliances. Includes in-suite front-load washer/dryer, 1 secure parking stall plus plenty of visitor spots, and separate storage locker plus bike storage. Pet-friendly with no weight restrictions! Eco-friendly rooftop solar panels help keep strata costs low. Walk to shopping, recreation, trails, and entertainment. 10 minutes to Costco and Belmont Market and all Langford amenities.
View Listing here: https://dalesheppard.com/search-listings/featured-listings/#!listing.1046639-503-815-orono-ave-langford-v9b-2t9.109577124
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
