Your Monthly real estate update
Welcome to April!
April is here, and with it comes a noticeable shift into the spring market.
Activity across the Victoria Real Estate Board region picked up in March, with 579 properties sold — a strong increase from February and a sign that both buyers and sellers are stepping back into the market. While sales are still slightly below where they were this time last year, the growing inventory is creating more balanced conditions, giving buyers more selection while sellers benefit from increased activity.
This time of year often brings fresh opportunities, whether you’re preparing for a move, thinking ahead to later in the year, or simply watching how the market evolves. If real estate is on your mind at all, I’m always happy to chat and help you make sense of what’s happening.
I’ve also included a few local events below to help you make the most of April around Victoria, there’s no shortage of ways to get out and enjoy the season.
If you’re curious about your home’s value, considering a next step, or just have questions, feel free to reach out anytime.
Wishing you a great month ahead!
Victoria Real Estate Market Update — March 2026
The Victoria real estate market is following a familiar spring pattern, with activity picking up as we move further into the season. March recorded 579 sales, marking a strong 24.5% increase from February and signaling growing momentum among both buyers and sellers.
While this is a modest 5.5% decrease compared to March of last year, it reflects a more balanced and sustainable pace overall. Condominium sales experienced a more
significant year-over-year decline, while single family home sales remained relatively steady
with only a slight dip.
At the same time, inventory continues to build, with active listings rising both month-over-month and year-over-year. This increase in available homes is giving buyers more choice and time to make decisions, while still supporting healthy activity in the market. As we head toward the typical spring peak in May and June, these conditions are creating a more balanced environment compared to the tighter markets seen in recent years.
Read the full report HERE
FEATURE PROPERTIES
Welcome to this spacious 2-bedroom, 2-bathroom, private ground-floor condo. This bright and functional home is the largest unit in the building and features a unique cozy wood-burning fireplace and updated appliances in the kitchen. The large primary bedroom has a walk-in closet and ensuite. The open living area has a seamless flow from the generous living room to the private patio. The perfect spot for a pet owner; no size restriction. This unit includes in-suite laundry, secure parking, bike storage, and a separate storage locker. The strata is proactive with building maintenance and future planning; recent updates including balconies, windows, doors and a common property refresh. In the convenient and central Jubilee/Fernwood area, you are steps from Oak Bay Ave shops, Royal Jubilee Hospital, transit to Downtown Victoria, cafe’s and restaurants. Whether downsizing or buying your first home, this move-in-ready residence offers comfort and space in a great location.
Listed at $499,900
April 2026 Events
Mayfair Mall Spring Fair
April 23–26, 2026A classic spring favourite returns to Victoria with the Mayfair Mall Spring Fair, bringing a lively mix of carnival rides, games, and nostalgic fair treats. This event is ideal for families, date nights, or anyone looking to lean into that early-summer energy. Expect everything from Ferris wheels and thrill rides to midway games and food stands serving up cotton candy, mini donuts, and more.
Butchart Gardens – Spring Floral Displays
Open daily (spring season runs March–May)
Spring is one of the most beautiful times to visit the Butchart Gardens, as the entire space comes alive with tulips, daffodils, cherry blossoms, and carefully curated floral displays. The Sunken Garden and surrounding pathways offer a full sensory experience that changes week by week as new blooms appear. It’s a perfect “day out” experience for visitors and locals —ideal for families, couples, or anyone looking for a scenic escape just outside the city. Take advantage of the beautiful spring bloom in style!
Royal Oak is one of those neighbourhoods in Victoria that just feels easy to love. Tucked into central Saanich, Royal Oak, Saanich, BC offers that really nice balance between quiet residential living and having everything you need just minutes away. You’ve got tree-lined streets, established homes, and a genuine sense of community, but you’re also right beside Royal Oak Shopping Centre, great schools, parks, and quick access to downtown, Broadmead, and the highway when you need it. It’s the kind of area where daily life feels simple and convenient, whether you’re grabbing groceries, heading to Elk/Beaver Lake for a walk, or commuting into the city.
From a real estate point of view, Royal Oak is one of those steady, dependable neighbourhoods people consistently ask for. Homes here tend to hold their value really well because demand is always there, and there simply isn’t a huge amount of turnover. Buyers are drawn to the larger lots, mature landscaping, and the feeling that you’re not in a rush or surrounded by constant change. It’s especially popular with families and downsizers who want something solid and central without giving up space or peace. In my experience, when people move into Royal Oak, they don’t tend to leave quickly, and that says a lot about what it’s like to live there.
If you’ve been thinking about buying in Royal Oak or just want to understand what’s available in the neighbourhood right now, I’m always happy to help you explore your options and see if it’s the right fit for you.
Some kind words from my brokerage:
We are thrilled to celebrate Tessa Strong!
Tessa is a true anchor in our office, blending analytical precision with a heart for service. Known for her calm demeanor and focus on what truly matters, she keeps her eyes on the prize: exceptional results and a supportive environment for everyone around her.Beyond the numbers, Tessa’s dedication to the RLP Shelter Foundation and the Night Light Walk shows her deep commitment to our local community. Thank you, Tessa, for leading with balance, integrity, and kindness!
MARCH Top Producer
☀️March was another great month! The sun was out, the Spring market is in full swing, and I had the pleasure of helping more families buy and sell in our beautiful city. ✨Grateful to be surrounded by people who keep me motivated in life and business.