Victoria Real Estate Board Reports April 2026 Composite Benchmark Price at $891,400 with 643 Sales; Price Down 0.6% Year-Over-Year

Victoria Real Estate Board — April 2026

The Victoria Real Estate Board reported a Composite Benchmark Price of $891,400 for April 2026, reflecting a 0.6 per cent decrease in price year-over-year. A total of 643 properties sold in the Victoria Real Estate Board region during April 2026.

Market Analysis

The Victoria Real Estate Board reported a Composite Benchmark Price of $891,400 for April 2026, which is a 0.6 per cent decrease in price year-over-year. Total sales for April 2026 reached 643 properties. Active listings at the end of April 2026 stood at 3,710. In the prior month, March 2026, the Composite Benchmark Price was $886,000, total sales were 579, and active listings were 3,261.

A total of 643 properties sold in the Victoria Real Estate Board region this April, 0.2 per cent more than the 642 properties sold in April 2025 and 11.1 per cent more than in March 2026. There were 3,710 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2026, an increase of 13.8 per cent compared to the previous month of March and an 8.3 per cent increase from the 3,425 active listings for sale at the end of April 2025. Victoria Real Estate Board Chair Fergus Kyne stated, “The overall market in Greater Victoria continues to remain in balance.” Chair Kyne also noted, “Inventory levels are staying strong, and new listings coming onto market in recent weeks will help serve our traditionally busy spring season. The collective track record from the past several months of balance and stability in our market is likely underpinning the confidence of buyers and sellers this season.”

Property Type Analysis

The benchmark price for a detached home in April 2026 was $1,177,700. For attached/townhouse properties, the benchmark price was $783,400, and for apartments, the benchmark price was $555,800. Sales of condominiums increased by 5.9 per cent from April 2025 with 198 units sold. Sales of single family homes decreased by 1.2 per cent from April 2025 with 331 sold. The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2025 was $1,354,800. The benchmark value for the same home in April 2026 decreased by 1.2 per cent to $1,339,100, up from March’s value of $1,330,200. The MLS® HPI benchmark value for a condominium in the Victoria Core area in April 2025 was $562,900, while the benchmark value for the same condominium in April 2026 decreased by 0.8 per cent to $558,300, up from the March value of $553,800.