If you're wondering whether now is a good time to buy or sell a home in Victoria, BC, the June 2026 market statistics provide some encouraging insight. While the market has shifted from the fast-paced conditions we experienced during the pandemic, Greater Victoria continues to offer opportunities for both buyers and sellers who have the right strategy.As a Victoria Realtor, I believe understanding current market trends is one of the best ways to make confident real estate decisions. Here's what happened in the Victoria real estate market in June.
Victoria Real Estate Market at a Glance
The Victoria Real Estate Board (VREB) reported 719 property sales in June 2026, which represents:
- 5.5% fewer sales than June 2025
- 0.8% more sales than May 2026
Breaking it down further:
- 388 single-family homes sold, down 3.5% year over year
- 182 condominiums sold, down 26.9% compared to June 2025
While overall sales remain steady, the condo market continues to experience softer demand as buyers have more inventory to choose from.
Inventory Continues to Give Buyers More Choice
One of the biggest stories this year is inventory.At the end of June, there were 4,054 active listings across the Victoria Real Estate Board region—up 7.3% from the same time last year.This increase in available homes means buyers no longer need to rush into decisions or compete in the multiple-offer environment that defined much of the past few years. Buyers can take more time, compare properties, negotiate terms, and focus on finding the best value.
What This Means for Sellers
More inventory doesn't mean homes aren't selling—it means pricing and presentation matter more than ever.The homes that are selling tend to have three things in common:
- Accurate, market-based pricing
- Excellent presentation and staging
- Strong marketing that reaches today's buyers online
In today's balanced market, simply listing a home isn't enough. Buyers are comparing multiple properties before making an offer, so standing out is essential.As a local Victoria Realtor, I work closely with sellers to develop a pricing strategy based on current market data, prepare the home to show at its best, and create a marketing plan that maximizes exposure across MLS®, social media, Google, and other online platforms.
Victoria Home Prices Remain Stable
Despite increased inventory, home values have remained relatively stable.
Single-Family Homes
The benchmark price for a single-family home in the Victoria Core was:
- June 2025: $1,334,500
- June 2026: $1,326,500
This represents a modest 0.6% decrease year over year.
Condominiums
The benchmark price for a Victoria Core condominium was:
- June 2025: $559,900
- June 2026: $549,200
This represents a 1.9% decrease year over year.These relatively small price changes reinforce that today's market is better described as balanced rather than declining.
My Thoughts on the June 2026 Victoria Real Estate Market
We're continuing to see a healthier market than we've experienced over the past several years.For buyers, more inventory means greater choice, stronger negotiating opportunities, and less pressure to make rushed decisions.For sellers, success comes from understanding today's buyers. Strategic pricing, professional marketing, and thoughtful preparation are making a noticeable difference in how quickly homes sell and the prices they achieve.Every neighbourhood across Greater Victoria has its own unique trends, so local knowledge is more important than ever.
Thinking About Buying or Selling in Victoria BC?
Whether you're considering buying your first home, upgrading, downsizing, or simply curious about your home's current value, I'd be happy to help you understand what today's market means for your specific situation.Every property—and every client's goals—are different. Having a strategy tailored to current market conditions can make all the difference.If you'd like a complimentary home evaluation or have questions about the Victoria BC real estate market, feel free to reach out anytime.