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Victoria

Why you'd want to live in Victoria

The first major pro of living in Victoria, BC is the absolutely gorgeous surroundings of the city. It is located on the southern coast of Vancouver Island and looks out across the Pacific Ocean to Washington, USA. There are sweeping ocean views from many parts of the city, and the downtown core is set on a picturesque marina. Just outside of Victoria is access to many of the wonderful natural features of Vancouver Island, including forests, lakes, the ocean, and mountains. There are many options for active recreation year-round and a great place to immerse in an outdoor lifestyle. As the capital city of BC, there are a number of famous cultural attractions that make Victoria a wonderful place to live. Top attractions include the Royal BC Museum, which has amazing historical and present-day culture exhibitions, and the BC Parliament Buildings, where the Legislative Assembly of BC is held and is open for tours. Other top attractions include the Craigdarroch Castle (a historical Victorian mansion), the Butchart Gardens (large and beautiful botanical gardens), and the Art Gallery of Greater Victoria. via newcanadianlife.com

Victoria Market Report

$984,428

AVERAGE PRICE OF 638 HOMES

$1,875,755

AVERAGE PRICE OF 192 MULTI-MILLION DOLLAR HOMES

$1,026,508

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$1,037,142

AVERAGE PRICE OF 19 HOMES WITH A POOL

$921,662

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $984,428
Avg Bedrooms 1.91 beds
Avg Bathrooms 1.71 baths

Average Price by Bedrooms

1 bedroom $536,946
2 bedrooms $881,794
3 bedrooms $1,362,995
4 bedrooms $1,768,011
5 bedrooms $1,814,890
Victoria Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 553 486 440 424 493
Average Price $1,006,014 $1,026,587 $974,790 $953,391 $972,992
Avg Price Change -2.05% +5.31% +2.24% -2.06% -1.99%
Median Price $736,001 $721,545 $705,234 $695,223 $721,637
Med Price Change +2.00% +2.31% +1.44% -3.80% -4.23%
Avg Bedrooms 1.87 beds 1.87 beds 1.81 beds 1.76 beds 1.83 beds
Avg Bathrooms 1.67 baths 1.68 baths 1.62 baths 1.59 baths 1.6 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 638 $984,428 47 days
Multi-Million Dollar Homes 192 $1,875,755 43 days
Newly Built Homes 56 $1,026,508 67 days
Homes with a Pool 19 $1,037,142 51 days
Reduced Price Homes 29 $921,662 40 days