Victoria Real Estate Board

Market Conditions


Single Family

Months of inventory for single-family homes numbered 4.8 at the end of the fourth quarter of 2025, up from the 4.2 months recorded at the end of the fourth quarter of 2024.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a more balanced market, single-family homes spent the same amount of time on the market in the fourth quarter of 2025 as they had a year earlier.

The median number of days on market for sold single-family homes was 38 in the fourth quarter of 2025, unchanged from 38 days in the fourth quarter of 2024.


Townhouse/row

Months of inventory for townhouse and row units numbered 5.4 at the end of the fourth quarter of 2025, up from the 3.2 months recorded at the end of the fourth quarter of 2024.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a more balanced market, townhouse and row units spent less time on the market in the fourth quarter of 2025 than they had a year earlier.

The median number of days on market for sold townhouse and row units was 31 in the fourth quarter of 2025, down slightly from 36 days in the fourth quarter of 2024.



Condominium

Months of inventory for condominium units numbered 6 at the end of the fourth quarter of 2025, up from the 4.5 months recorded at the end of the fourth quarter of 2024.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a more balanced market, condominium units spent more time on the market in the fourth quarter of 2025 than they had a year earlier.

The median number of days on market for sold condominium units was 42 in the fourth quarter of 2025, up from 36 days in the fourth quarter of 2024.



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