Victoria Real Estate Board
Real Estate Board — Market Data & Trends
Overview
The segments have not moved together: townhouses gained 1.8%, apartments gained 0.8% and detached homes lost 1.9% over the window — a spread of 3.7 percentage points between townhouses and detached homes.
As of August 2026 the benchmark stands at $1,301,800 for detached homes, $856,300 for townhouses and $553,600 for apartments.
Victoria Real Estate Board reported 591 sales in August 2026, up 12.6% from a year earlier.
Inventory stands at 6.2 months of supply, which the board's own thresholds classify as a buyers' market.
These are figures published by Victoria Real Estate Board. The period-over-period comparisons above — the spread between property types — are arithmetic compiled by this publication from 3 monthly releases, June 2026 through August 2026.
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
With 6.2 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Source: Victoria Real Estate Board via CREA MLS
Period: August 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.