Victoria Real Estate Market Starts Summer Strong — What It Means for Buyers and Sellers

Summer is officially here, and the Victoria real estate market is kicking it off with solid momentum! According to the latest data from the Victoria Real Estate Board, June 2025 saw a healthy boost in home sales across the region compared to last year and even last month.Here are some key highlights:

• Total homes sold: 761 properties sold in June — that’s 15% more than June 2024 and slightly more than May 2025.
• Condos: Sales jumped by 23%, with 249 condos changing hands last month.
• Single-family homes: Also up by 17.5%, with 402 sales recorded.

Victoria’s market is shifting from the pandemic-driven frenzy to a more balanced, steady pace. We’re seeing more listings on the market than we have in about 10 years, which means buyers have more options to choose from without the intense bidding wars of the past.Even though there are economic uncertainties that might make some buyers hesitant, the market here remains resilient. More homes and condos are available now, making it a great time to explore your options whether you’re buying or selling.

What About Prices?

• The average price for a single-family home in the Victoria Core area went up by about 2.3% from last June, landing at around $1,325,400.
• For condos, prices dipped slightly by about 0.9%, now averaging $562,800.

What Does This Mean for You?

If you’ve been thinking about buying or selling this summer, this is the perfect moment to connect with a local expert who understands the ins and outs of Victoria’s market. I’m here to provide the latest updates and help you make informed decisions that suit your goals.Whether you’re looking for your dream home, thinking about selling, or just curious about what your current property is worth, let’s chat and make a plan that works for you.

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Want to know more? Reach out anytime for a personalized market update or to discuss your real estate goals!