Victoria (BCREA)
Market Data & Trends
Overview
British Columbia Real Estate Association (BCREA) published a composite benchmark price of $887,300 for the Victoria board area in August 2026, up 0.8% year over year and down 0.2% on the month.
Across the 31 months with a published benchmark — January 2024 to August 2026 — the benchmark for the Victoria board area rose 5.0%, from $845,000 to $887,300.
The high over that window was $896,600 in April 2025; the benchmark now sits 1.0% below it.
Published benchmarks for the Victoria board area were $1,163,100 for detached homes in August 2026, $792,800 for townhouses in August 2026 and $547,500 for apartments in August 2026.
The segments have not moved together: townhouses gained 5.0%, detached homes gained 3.5% and apartments lost 0.3% over the window — a spread of 5.3 percentage points between townhouses and apartments.
British Columbia Real Estate Association (BCREA) reported 438 sales in the Victoria board area in September 2026, down 17.2% from a year earlier.
Across the 33 months on record, monthly sales in the Victoria board area ran from a high of 740 in May 2024 to a low of 321 in January 2024. Added together, those months come to 18,136 sales, an average of 550 a month.
In the Victoria board area, the last three months (July 2026 to September 2026) averaged 549 sales a month against 561 in the same three months a year earlier, a decrease of 2.2%.
Months of supply in the Victoria board area stood at 6.9 in September 2026.
A year earlier, in September 2025, it stood at 5.5 months, so supply has loosened by 1.4 months.
These are figures published by British Columbia Real Estate Association (BCREA) for the Victoria board area. The comparisons above — the change over the window, the distance from the high, the spread between property types, the sales total and monthly average, the three-month comparison and the change in months of supply — are arithmetic compiled by this publication from 33 monthly releases, January 2024 through September 2026.
Months of supply is not printed in these releases: this publication calculated it as active listings divided by that month's sales, both as published.
Market Balance
Months of supply is not printed in these releases: this publication calculated it as active listings divided by that month's sales, both as published.
Source: Victoria (BCREA) via its published market report
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.