Your Monthly real estate update
Welcome to June!
As we head into summer, the Greater Victoria real estate market continues to show signs of balance and stability. According to the latest Victoria Real Estate Board statistics, inventory remains healthy, giving buyers more choice while sellers continue to benefit from steady demand. With more listings available and market conditions remaining balanced, both buyers and sellers have opportunities to make confident moves as we move through the busy summer season.
With Father’s Day just around the corner, I’d also like to take a moment to wish all the dads, grandfathers, stepdads, and father figures a very Happy Father’s Day. I hope you’re able to spend some quality time with the people who matter most and enjoy a well-deserved day of appreciation.
As the weather warms up and Victoria comes alive with summer events, festivals, and outdoor activities, there’s no shortage of ways to enjoy everything our community has to offer. I’ve included a few local highlights below to help you make the most of the month ahead.
What are you most looking forward to this summer in Victoria?
Whether you’re thinking about buying, selling, curious about your home’s value, or simply keeping an eye on the market, don’t hesitate to reach out. I’m always happy to answer questions and help however I can.
Wishing you a wonderful month ahead!
Victoria Real Estate Market Update — May 2026
May brought continued strength to the Greater Victoria real estate market, with sales activity increasing more than 10% compared to April as the spring market gained momentum. While sales were slightly lower than this time last year, buyer activity remains steady and inventory levels continue to grow.
With over 4,000 active listings available across the region, buyers have more choice than they have had in years. This increased selection is creating a more balanced market, allowing buyers to take their time, compare properties, and make informed decisions. For sellers, proper pricing and strong presentation remain key to attracting attention and achieving successful results.
As we move into the summer market, conditions continue to support both buyers and sellers. Whether you’re considering making a move this year or simply staying informed, understanding current market trends can help you make confident real estate decisions.
Read the full report HERE
FEATURE PROPERTIES
Bright and FULLY RENOVATED, this large 2-bedroom, 2-bathroom move in ready fourth-floor condo offers a premium lifestyle just one block from vibrant Cook Street Village. Absolutely everything has been tastefully redone: new open kitchen with SS appliances an inviting breakfast bar, modernized bathrooms, new flooring, paint, new lighting, and a sleek electric fireplace. The generous, functional floorplan allows you to downsize without compromise. A standout feature is the huge, private sunroom—perfect for an office, art studio, or hobby haven. There is ample closet space, a pantry, in-suite laundry, separate storage locker, and secure underground parking (EV & 2nd spot available). Situated in a professionally managed steel-and-concrete 55+ building with a proactive strata; residents enjoy the common sauna, fitness gym and beautiful landscaping. A quick walk or bike to the ocean at Dallas Rd, Beacon Hill Park, or downtown. Turnkey condo in a premier Fairfield location!
Listed at $774,900
Independent living opportunity at the popular SHOAL CENTRE in Sidney. This large, extended, 1 bedroom, 1 bathroom suite has a full kitchen and in suite laundry room. Unit 302 overlooks the beautiful rose garden and community wellness park across the street. The Shoal Centre offers the flexibility for assisted living perks on a fee-for-service basis including house cleaning, meals and over 40 organized activities (exercise classes, a fantastic restaurant, woodworking shop, quilting room, and so much more)! This steel and concrete building is well maintained and professionally managed. This is retirement at its finest, you are in the heart of Sidney, walking distance to all local amenities including shopping, restaurants, cafes, library, and the waterfront. This unit is move in ready with a renovated bathroom and other updates throughout. Whether looking for a fantastic investment opportunity or wanting to move into this community minded building, you won’t want to miss this opportunity.
Listed at $525,000
June 2026 Events
TD Victoria International JazzFest 2026
June 19 – June 28, 2026
Victoria transforms into a full citywide stage for 10 days of world-class live music. JazzFest brings together internationally recognized artists, local talent, outdoor performances, and intimate club shows all across downtown. This year’s lineup includes major acts like Miles Electric Band and Kokoroko, alongside dozens of performances ranging from big theatre shows to free outdoor sets in parks.
Fernfest 2026
June 13, 2026
Catch the Vibe at Fernfest 2026! Victoria’s favorite neighborhood block party is back this June, transforming the heart of Fernwood into a vibrant celebration of local music, art, and community. Take a stroll through the eclectic streets to discover live performances on outdoor stages, a massive artisan market showcasing local makers, delicious neighborhood food vendors, and hands-on art installations. It’s free, family-friendly, and the absolute perfect way to kick off the Victoria summer scene.
Get your tickets here!
Why Move-In Ready Homes Are Still the Sweet Spot for Today’s Buyers
In a market where buyers are balancing budgets, timelines, and renovation costs, move-in ready homes continue to stand out as one of the most sought-after property types in Greater Victoria.
While fixer-uppers can offer opportunity, many buyers today are placing higher value on homes that are already updated, well maintained, and ready to enjoy from day one. It is less about taking on a project and more about stepping into a space that already feels complete.
One of the biggest drivers behind this shift is certainty. With construction costs still fluctuating and contractor availability tight in many areas, renovations can quickly become more expensive and time-consuming than expected. A move-in ready home offers predictability, allowing buyers to focus on settling in rather than planning their next project.
There is also an emotional factor at play. Buyers are increasingly drawn to homes that feel calm, finished, and easy to live in. Fresh interiors, updated kitchens, and functional layouts create a sense of comfort that is hard to replicate in a property that needs work.
In Greater Victoria, this demand is especially noticeable in well-established neighbourhoods where updated homes often receive strong interest early in their listing period. When a home is priced correctly and shows well, it tends to attract attention quickly, even in a more balanced market.
For sellers, this trend reinforces the value of presentation. Small improvements, thoughtful staging, and attention to detail can make a meaningful difference in how a home is perceived and how quickly it moves.
Whether you are buying or selling, the takeaway is simple. Homes that feel ready for the next chapter continue to perform strongly, not just because of their features, but because of the lifestyle they offer from the moment you walk through the door.
If you are curious about where your home fits in today’s market or what buyers are currently prioritizing, feel free to reach out anytime.