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Victoria

Why you'd want to live in Victoria

Located on the southern tip of Vancouver Island on the homelands of the Songhees and Esquimalt People, Victoria is a forward-thinking, active community. Victoria, the Capital City of BC, is home to a dynamic, thriving economy and vibrant arts and culture scene, with an unparalleled natural environment enjoyed by residents and visitors. It’s a place where sustainability, health and well-being are the cornerstones of creating a prosperous and inclusive future. via victoria.ca

Victoria Market Report

$1,035,016

AVERAGE PRICE OF 432 HOMES

$1,876,643

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$1,057,192

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$881,346

AVERAGE PRICE OF 13 HOMES WITH A POOL

$973,529

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $1,035,016
Avg Bedrooms 1.89 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $531,958
2 bedrooms $962,503
3 bedrooms $1,539,798
4 bedrooms $1,778,738
5 bedrooms $1,688,263
Victoria Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 401 377 331 300 280
Average Price $1,055,738 $1,054,731 $1,081,868 $1,018,175 $1,011,735
Avg Price Change +0.10% -2.57% +6.26% +0.64% +0.73%
Median Price $786,691 $775,858 $787,753 $739,867 $765,744
Med Price Change +1.40% -1.53% +6.47% -3.50% -0.82%
Avg Bedrooms 1.86 beds 1.91 beds 1.94 beds 1.88 beds 1.83 beds
Avg Bathrooms 1.72 baths 1.74 baths 1.74 baths 1.74 baths 1.7 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 432 $1,035,016 52 days
Multi-Million Dollar Homes 151 $1,876,643 55 days
Newly Built Homes 77 $1,057,192 79 days
Homes with a Pool 13 $881,346 32 days
Reduced Price Homes 23 $973,529 39 days