Greater Victoria, BC Real Estate | Condo Report 2026
The condo market across Victoria, Saanich, and Esquimalt offers the most accessible entry point into ownership, with inventory concentrated in urban cores and waterfront developments. Downtown Victoria remains the epicenter with heritage conversions and modern high-rises, while Saanich's condo stock skews toward family-oriented two-bedroom layouts in quieter, tree-lined neighborhoods. Esquimalt has emerged as a value play—walkable to downtown via the Blue Bridge but priced below Victoria proper, attracting first-time buyers and military families stationed at CFB Esquimalt.
Quick Facts
Number Of Active Listings
621
Median Condominium Price (Q4 - 2025)
$553,100
Market Snapshot
Prices have stabilized after corrections from 2022 peaks. One-bedroom units average around $465K, while two-bedroom condos command premiums and drive median increases. Downtown Victoria shows slight downward pressure (benchmark $553K in Nov 2025), but outer areas like Saanich remain strong. First-time buyers dominate activity, targeting units under $600K.
Thinking of Victoria? Start with the Guides Locals Use
1 Bed 1 Bath 589 SqFt$549,900Open 5/17 11AM-1PM
2 Beds 3 Baths 2,331 SqFt$949,000Open 5/17 2PM-4PM
2 Beds 2 Baths 1,095 SqFt$779,000Open 5/17 12PM-2PM
2 Beds 2 Baths 836 SqFt$699,000Open 5/17 11AM-1PM
2 Beds 2 Baths 857 SqFt$725,000Open 5/17 2:30PM-3:30PM
1 Bed 1 Bath 705 SqFt$589,900Open 5/17 12PM-2PM
2 Beds 2 Baths 723 SqFt$565,000Open 5/17 12PM-2PM
2 Beds 2 Baths 1,118 SqFt$719,900Open 5/17 1PM-3PM
1 Bed 1 Bath 693 SqFt$459,000Open 5/17 11AM-12:30PM
3 Beds 2 Baths 942 SqFt$749,900Open 5/17 12PM-3PM
2 Beds 2 Baths 835 SqFt$699,900Open 5/17 12PM-3PM
2 Beds 2 Baths 609 SqFt$539,900Open 5/17 12PM-3PM
1 Bed 1 Bath 557 SqFt$509,900Open 5/17 12PM-3PM
1 Bed 1 Bath 392 SqFt$349,900Open 5/17 12PM-3PM
1 Bath 354 SqFt$384,999Open Sat 2PM-4PM
2 Beds 1 Bath 1,107 SqFt$939,900Open Thu 5PM-8PM
2 Beds 1 Bath 816 SqFt$507,000Open Sun 1PM-4PM
2 Beds 2 Baths 1,088 SqFt$599,000Open 5/17 2PM-4PM
2 Beds 1 Bath 947 SqFt$415,000Open 5/17 1:30PM-3PM
2 Beds 1 Bath 845 SqFt$399,900Open 5/17 12PM-1:30PM
2 Beds 2 Baths 1,415 SqFt$929,000Open 5/17 11AM-1PM
2 Beds 2 Baths 1,010 SqFt$525,000Open Sun 2PM-3PM
2 Beds 2 Baths 970 SqFt$550,000Open 5/17 1PM-3PM
1 Bed 1 Bath 663 SqFt$539,000Open Sat 1PM-3PM
2 Beds 3 Baths 2,084 SqFt$1,150,000Open 5/17 2PM-4PM
1 Bed 1 Bath 663 SqFt$359,900Open Sat 12PM-1:30PM
2 Beds 2 Baths 867 SqFt$659,900Open Sat 12PM-2PM
2 Beds 2 Baths 797 SqFt$765,900Open Mon 12PM-3PM
2 Beds 1 Bath 562 SqFt$565,900Open Mon 12PM-3PM
1 Bed 1 Bath 484 SqFt$549,900Open Mon 12PM-3PM
1 Bed 1 Bath 690 SqFt$653,900Open Thu 5PM-8PM
1 Bed 1 Bath 546 SqFt$565,900Open Mon 12PM-3PM
1 Bed 1 Bath 518 SqFt$465,900Open Mon 12PM-3PM
2 Beds 1 Bath 982 SqFt$455,900Open 5/17 1PM-2:30PM
2 Beds 2 Baths 983 SqFt$879,900Open Thu 5PM-8PM
1 Bed 1 Bath 537 SqFt$399,999Open 5/17 12PM-2PM