Victoria Real Estate Market

CREA MLS® HPI · June 2026

As of June 2026, the typical single-family home reaches 1 174 100 $, or −0.5 % year over year. The provincial capital on Vancouver Island, where a mild climate and limited supply keep prices close to those on the mainland.

Prices stable. The benchmark price has barely moved over one year.

Benchmark price by property type in Victoria

Single-family

1 174 100 $ (−0.5 % year over year)

Condo

547 700 $ (−1.5 % year over year)

Townhouse

782 300 $ (−1.5 % year over year)

CREA’s MLS® HPI publishes quality-constant benchmark prices; it publishes no sales volume, no active listings and no days-on-market for this region. It also publishes no benchmark for income properties: the third series is a townhouse, and is presented here as such.

How Victoria ranks in Canada

With a benchmark price of 1 174 100 $, Victoria is the 2nd most expensive market of 19, or +97% above the median of markets covered outside Quebec (596 100 $).

Asking rents in Victoria

studio : 1 700 $ · 1 bedroom : 2 040 $ · 2 bedrooms : 2 560 $ · 3+ bedrooms : 3 250 $. Average asking rent for apartments listed for rent (Victoria CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.

Frequently asked questions

What is the price of a home in Victoria?

In June 2026, the benchmark price of a single-family home in Victoria is 1 174 100 $ (−0.5 % year-over-year), according to CREA's MLS® Home Price Index.

Does the Victoria real estate market favour buyers or sellers?

Prices stable. The benchmark price has barely moved over one year.

What is the price of a condo or a townhouse in Victoria?

In June 2026, the benchmark price is 547 700 $ for a condo and 782 300 $ for a townhouse in Victoria. CREA publishes no benchmark for income properties.

Where does this data come from and how often is it updated?

Figures come from the MLS® Home Price Index published monthly by the Canadian Real Estate Association (CREA). They are benchmark prices for a typical property — a quality-constant measure, not a median of observed sales — provided for informational purposes.

Source : MLS® Home Price Index, Canadian Real Estate Association · June 2026.