Downtown Victoria, BC Real Estate | Market Report 2026

Downtown Victoria's condo market experienced a notable resurgence through 2025, with sales climbing 23.3% year-over-year by mid-year as investors and first-time buyers capitalized on pricing adjustments. The benchmark single-family home value sits at $1.26M (December 2025), while condominiums averaged $586K, representing a modest 2.7% decline from 2024 that created renewed purchasing opportunities. The urban core continues to see steady demand from professionals and downsizers seeking walkable, lock-and-leave lifestyles.

Quick Facts

Number Of Active Listings
388
Median COndo home Price (Q4 - 2025)
$586,000
Locals Neighbourhood Snapshot
Locals treasure Downtown's unmatched walkability—the Inner Harbour, Royal BC Museum, Chinatown, and Beacon Hill Park all sit within a 15-minute stroll, making car-free living genuinely achievable. The revitalized food scene, flourishing craft coffee culture, and boutique shopping along Lower Johnson Street create an urban village atmosphere that feels distinctly Victoria rather than generic metro. Summer brings buskers to the waterfront, Symphony Splash fireworks over the harbour, and outdoor markets that transform Centennial Square into the city's living room where neighbours actually know each other.

Thinking of Victoria? Start with the Guides Locals Use 

Locals Guide to Victoria's Neighbourhood Listings, School Info and Insider Secrets Comprehensive School Guide



Price
  • List
  • Mixed
  • Map
City: Victoria, BC
Property Type: Vacant Land, Manufactured Home, Townhouse, Condo, Multi-Family, Single Family Home

604 Properties Available In Victoria

BC >Victoria >
Market Insights

explore listings in Victoria

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Full Name
Phone

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Brandyn Nagel *PREC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Want to know what's selling in Victoria and why?

No Data
Please input a valid location in the search bar to view the local market trends.

Let's Connect!

Brandyn Nagel *PREC
Brandyn Nagel *PREC +1(250) 580-5881

Leave a Message

What would you like to know?

Please fill out this field

QUICK SEARCH
There are 21 quick searches