The Victoria real estate market entered autumn with signs of balance and stability. For buyers and sellers alike, this is welcome news after years of dramatic shifts and overheated demand. According to the latest statistics from the Victoria Real Estate Board (VREB), September 2025 showed steady sales activity, healthy inventory, and a market environment that favors due diligence over rushed decisions.
For anyone considering buying or selling, this kind of balanced market is where a trusted advisor becomes invaluable. Working with a top realtor in Victoria BC ensures you can navigate these conditions with confidence and make informed choices that align with your goals.
Victoria Real Estate Market Highlights for September 2025
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Total Sales: 554 properties sold in September 2025, down 3% compared to September 2024 (571 sales), but up 5.5% from August 2025.
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Condominium Sales: 154 units sold, an 18.5% decrease compared to September 2024.
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Single-Family Home Sales: 289 homes sold, a 6.3% increase compared to the previous year.
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Active Listings: 3,694 properties on the MLS® at the end of September, up 2.6% from August and 9.9% higher than September 2024.
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Benchmark Prices:
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Single-family home in the Victoria Core: $1,294,800 (up 1.2% from September 2024, slightly down from August 2025).
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Condominium in the Victoria Core: $547,500 (down 1.1% from September 2024, down slightly from August 2025).
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These numbers paint a picture of a healthy, balanced real estate market in Victoria where both buyers and sellers can act strategically rather than reactively.
A Market in Balance
“September was another stable month for local real estate,” said 2025 VREB Chair Dirk VanderWal. “Stability is a good thing; we don’t want to see huge fluctuations in price or number of sales in our market. A market like we currently are in, that experiences typical seasonality, and includes a healthy amount of inventory and a good selection of interested buyers, is one where we won’t have that overheated pressure on pricing and on transactions that we saw in previous years.”
In short, this is not the frenzied market Victoria experienced during the pandemic years. Instead, today’s buyers and sellers benefit from:
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More time to evaluate options
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Less pressure to bid far above asking price
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A variety of listings across neighborhoods and property types
For those entering the market, this balance means negotiations can be fairer and outcomes more favorable.
What This Means for Buyers
For buyers, particularly first-time homeowners, this autumn market offers more choice and a calmer environment. With active listings nearly 10% higher than last year, you’ll find greater variety in neighborhoods and price points.
Condos have softened, which may create opportunities for entry-level buyers who were previously priced out. Meanwhile, single-family homes remain in demand but are not experiencing the same heated bidding wars of recent years.
Working with one of the top realtors in Victoria BC can help buyers:
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Prioritize needs and wants in a market with more inventory.
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Identify neighborhoods that align with lifestyle and budget.
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Stay ahead of opportunities as interest rates shift.
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Negotiate effectively in a balanced environment.
What This Means for Sellers
For sellers, the message is equally clear. Buyers are active, but they are also discerning. As Chair VanderWal explained, “If you’re selling, it’s important your home is well-presented and correctly priced.”
In today’s balanced market, sellers should:
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Invest in professional staging and photography to stand out online.
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Work with a top realtor in Victoria BC who understands pricing strategies.
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Be prepared for slightly longer timelines than during past seller’s markets.
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Highlight property strengths to capture the attention of motivated buyers.
The good news: well-prepared and well-priced homes are still moving quickly, especially in sought-after neighborhoods.
Victoria Real Estate Price Trends
The September 2025 benchmark price data tells an important story about where the market is headed:
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Single-family homes in the Victoria Core rose 1.2% year-over-year, showing steady value retention. While slightly down from August 2025, these properties remain highly desirable.
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Condos decreased 1.1% year-over-year, signaling a softer segment that could be more attractive to budget-conscious buyers as rates continue to ease.
These trends suggest the market is finding equilibrium. As interest rates decline, demand may increase, particularly in the condo segment where affordability is key.
Why Work With a Top Realtor in Victoria BC
In a balanced market, buyers and sellers alike need guidance. A top realtor Victoria BC residents trust will:
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Provide data-driven pricing strategies.
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Offer neighborhood-specific insights.
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Connect clients with off-market opportunities.
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Ensure each step of the process is smooth, transparent, and stress-free.
With so many moving parts — interest rates, seasonality, shifting demand between condos and single-family homes — the value of working with one of the best real estate agents in Victoria BC cannot be overstated.
Learn why Brad Maclaren is one of the top real estate agents in Victoria BC.
Work With Brad Maclaren
With years of experience and a reputation for excellence, Brad Maclaren is recognized as one of the top realtors in Victoria BC. Brad combines local expertise with a client-first approach, ensuring buyers and sellers succeed no matter the market conditions.
Whether you’re exploring condo opportunities, upgrading to a family home, or preparing to sell, Brad provides the strategy, professionalism, and negotiation skills that make the difference.
Contact Brad today to schedule a consultation and discover why so many clients trust him as their go-to real estate expert in Victoria.