The condo market in Victoria is the softest segment right now. Condo sales dropped **25.3% in January 2026** and **19.8% in February 2026** compared to the same periods last year . The benchmark condo price sits at **$545,600** (February) — down from $549,600 a year ago and showing volatility month-to-month .

If you can hold, it may be worth waiting to see whether the spring market brings more condo buyers back. However, with inventory rising and investor activity slowed, there’s no guarantee of a quick recovery. If you need to sell, price competitively and be prepared to negotiate on terms — including completion dates, inclusions, and repairs.

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Thinking of selling? Work with Dale Sheppard to sell your home.