Victoria Real Estate Board Reports Balanced Market with 719 Sales in June 2026

Victoria Real Estate Board — June 2026

In June 2026, the Victoria Real Estate Board recorded a total of 719 property sales, reflecting a 7.3% increase from the previous year. The composite benchmark price stands at $1,218,300, with active listings rising to 4,054, indicating a balanced market environment.

Market Analysis

The Victoria real estate market continues to demonstrate balanced conditions as inventory levels gradually increase. With 4,054 active listings at the end of June, this marks a 0.6% rise from May 2026 and a 7.3% increase from June 2025. The months of inventory stands at 5.6, providing buyers with more options compared to the low-inventory environment experienced during the pandemic years. This shift allows consumers to make more informed decisions without the urgency that characterized previous market conditions.

Property Type Analysis

Sales data indicates a decline in specific property types, with single-family home sales decreasing by 3.5% year-over-year to 388 units sold in June 2026. Meanwhile, condominium sales saw a more significant drop of 26.9%, with only 182 units sold. This trend suggests that buyers may be gravitating towards detached homes, while the attached and condominium markets face greater competition and pricing pressures.

Regional Highlights

The Victoria region is experiencing a notable increase in active listings, which has not been seen in several years. This influx of inventory is enabling buyers to carefully compare properties and seek strong value, impacting overall market dynamics. The increase in active listings from 3,778 in June 2025 to 4,054 in June 2026 highlights a significant shift in supply, contributing to a more balanced market.

For Buyers

Potential buyers are encouraged to take advantage of the increased inventory and variety of options available in the current market. With more time to evaluate properties, buyers should focus on identifying their ideal home and leverage their REALTOR®'s expertise to navigate negotiations effectively.

For Sellers

Sellers should be mindful of the current market conditions and the increased competition from rising inventory levels. It is crucial to work with a REALTOR® to accurately assess property value, enhance presentation, and implement effective pricing strategies to attract potential buyers in a market where choice is abundant.