Price changes vary by area. February 2026 data shows the Victoria Core single-family benchmark at $1,307,400, but this masks significant micro-market variations . Oak Bay and Fairfield have held steadier than the broader market due to limited inventory and consistent demand from downsizers. Langford and Colwood have seen more softening as new construction adds supply. Condo-heavy buildings in core Victoria are feeling the most pressure — condo sales dropped **25.3% year-over-year in January** and **19.8% in February** . Do not rely on city-wide averages. Pull the last 90 days of sold data for your street and neighbourhood. That is the number that matters.

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