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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

$1,042,558

AVERAGE PRICE OF 424 HOMES

$1,884,975

AVERAGE PRICE OF 150 MULTI-MILLION DOLLAR HOMES

$1,057,192

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$879,875

AVERAGE PRICE OF 12 HOMES WITH A POOL

$828,225

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $1,042,558
Avg Bedrooms 1.9 beds
Avg Bathrooms 1.73 baths

Average Price by Bedrooms

1 bedroom $532,574
2 bedrooms $968,218
3 bedrooms $1,543,713
4 bedrooms $1,783,790
5 bedrooms $1,688,263
Victoria Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 401 377 331 300 280
Average Price $1,055,738 $1,054,731 $1,081,868 $1,018,175 $1,011,735
Avg Price Change +0.10% -2.57% +6.26% +0.64% +0.73%
Median Price $786,691 $775,858 $787,753 $739,867 $765,744
Med Price Change +1.40% -1.53% +6.47% -3.50% -0.82%
Avg Bedrooms 1.86 beds 1.91 beds 1.94 beds 1.88 beds 1.83 beds
Avg Bathrooms 1.72 baths 1.74 baths 1.74 baths 1.74 baths 1.7 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 424 $1,042,558 51 days
Multi-Million Dollar Homes 150 $1,884,975 53 days
Newly Built Homes 77 $1,057,192 77 days
Homes with a Pool 12 $879,875 32 days
Reduced Price Homes 20 $828,225 39 days