Greater Victoria, BC Real Estate | Single Family Homes Report 2026
Single-family detached homes anchor the market, with pricing heavily influenced by location prestige. Oak Bay commands the highest premiums ($1.9M benchmark), followed by North Saanich and Saanich East for waterfront or acreage. Victoria Core benchmarks around $1.28M (Nov 2025), while Esquimalt offers relative value at $1.19M average. Saanich's diverse geography spans everything from teardowns on bus routes to executive estates backing onto golf courses—median listings hover around $1.2M, but range dramatically by neighborhood.
Quick Facts
Number Of Active Listings
497
Median Single Family home Price (Q4 - 2025)
$1,200,000
Market Snapshot
Prices have plateaued after modest declines from 2022 peaks. Victoria Core benchmark dropped -2.8% YoY to $1.28M, but sales activity remains strong (up 17.5% in June 2025). Buyers prioritize character homes with rental suites, modern builds with energy efficiency, and proximity to schools/amenities. Days on market average 60-66 days, indicating measured but steady demand.
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