Residential sales activity in Victoria slowed in the fourth quarter of 2025 compared to the fourth quarter of 2024.
Residential property sales numbered 1,365 units in the fourth quarter of 2025, down 11.2% compared to the same quarter in 2024.
Single-family home sales slowed 0.7%, were down 17% for sales of townhouse and row units, and were down 25% for sales of condominium units in the fourth quarter of 2025.
Annually, residential property sales numbered 6,605 units in all of 2025. This was up 0.3% compared to the 6,582 units recorded in 2024.
| Summary - Sales by Housing Type | |||
|---|---|---|---|
| Category | Q4-2025 | Q4-2024 | Year-over-year % change |
| Single Family | 726 | 731 | -0.7 |
| Townhouse | 176 | 212 | -17.0 |
| Condominium | 385 | 513 | -25.0 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q4-2025 | Q4-2024 | Year-over-year % change |
| Single Family | $1,160,000 | $1,150,000 | 0.9 |
| Townhouse | $790,000 | $766,450 | 3.1 |
| Condominium | $546,500 | $537,888 | 1.6 |
