Oct 1, 2023, Victoria Real Estate Market Stats

  • A total of 493 properties were sold in the Victoria Real Estate Board region this September, 20.2 % more than the 410 properties sold in September 2022 and a 9.4 % decrease from August 2023.
  • Sales of condominiums were up 23 % from September 2022 with 155 units sold. 
  • Sales of single-family homes increased 3.2 % from September 2022 with 228 sold. 
  • There were 2,699 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2023, an increase of 8.4 % compared to the previous month of August and a 17.3 % increase from the 2,300 active listings for sale at the end of September 2022.  
  • The Multiple Listing Service® Home Price Index benchmark value for a single-family home in the Victoria Core in September 2022 was $1,299,500. The benchmark value for the same home in September 2023 increased by 1 %  to $1,312,200, which is down from August’s value of $1,323,900. 
  • The MLS® HPI benchmark value for a condominium in the Victoria Core area in September 2022 was $581,500, while the benchmark value for the same condominium in September 2023 increased by 1.4 % to $589,600, which is up from the August value of $582,000
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