Victoria Real Estate Thirteen neighbourhoods, from the Inner Harbour to the Oak Bay border

Victoria packs a lot into a small city: heritage streets in James Bay and Rockland, Cook Street Village and Fernwood Square, condos on the harbour and family houses in Oaklands. Over the past year, 1,074 homes sold or went pending across its 13 neighbourhoods. Here’s how they compare, and how to choose.

Homes for sale

How do you find homes for sale in Victoria?

The best homes in Victoria’s most popular neighbourhoods rarely stay on the market long. Tell Robin which neighbourhoods, budget and property type you’re considering, and get new listings the day they come up.

Ask Robin for a search that covers all 13 Victoria subareas, or start with the few you want to compare.

Get Victoria listing alertsBrowse all listings

Neighbourhoods & listings

Which Victoria neighbourhood is right for you?

Thirteen neighbourhoods, different ways to live.

Start with the week you want. You might trade a Downtown commute for a walk from Fernwood Square, look for the right strata in James Bay, or put the two Fairfield areas side by side. Each guide covers the homes, the everyday routes and what to check before you buy.

Explore the region

Where are Victoria’s neighbourhoods?

Victoria regional map.

This guide follows the 13 subareas under Victoria on the real estate board’s map. Victoria West is a separate MLS® area.

Open the Victoria Core map

This is the board’s Victoria Core map. For a specific listing, confirm the Victoria subarea shown on the real estate board’s map. City neighbourhoods, school catchments and MLS® searches use different boundaries. VREB map · City maps

See the setting

What is it like to live in Victoria?

From the harbour to the village streets.

The Victoria waterfront and skyline across the Inner Harbour
Photo: abdallahh · CC BY 2.0 · Resized

Start in the Inner Harbour, then head south toward James Bay and Dallas Road. Another day, try the village streets around Cook or Fernwood, or walk uphill to the gardens at Government House.

Make the second visit on a weekday. The grocery run, parking and the trip home will tell you as much about a place as the first walk did.

VICTORIA · THE PAST 12 MONTHS

How much do homes cost in Victoria?

Victoria pricing by property type.

From November 2025 to November 9, 2026, Victoria’s 13 neighbourhoods recorded 1074 sold and pending listings: 967 sold and 107 pending. Condos made up about six in ten of them.

Victoria (13 neighbourhoods) · sold and pending records by property type, November 2025 to November 9, 2026
Property typeSold + pendingSold / pendingMedian priceTypical rangeMedian days on marketSale-to-list
Detached homes258229 / 29$1,225,000$975,000–$1,536,2502298.1%
Townhomes9987 / 12$787,500$697,000–$922,5003098.2%
Condos / apartments664604 / 60$510,000$405,000–$685,0003497.3%
Duplexes, triplexes & fourplexes4843 / 5$1,012,500$870,000–$1,260,0003197.8%
Residential land54 / 1$1,040,000$840,000–$1,246,3507290.4%

Robin’s read

Victoria has three different markets in one city. Detached homes had a $1,225,000 median and sold in a median of 22 days, and the city’s single-family benchmark rose 3.1% in a year while Greater Victoria’s was flat. Condos had a $510,000 median and took 34 days, with the benchmark down 2.5%, so condo buyers have more room to negotiate. Neighbourhood matters most: detached medians ran from $875,000 in Hillside to $1.55 million in Rockland, and Oaklands houses sold in a median of just 15 days. Citywide, homes sold for a median of 98% of list price, only about one in ten went over asking, and a quarter had a price reduction first. Pricing right from day one is what wins in this market.

Over the same 12 months, Robin and the New Chapter team were involved in 17 of these Victoria sales: 11 as listing agent and 6 representing buyers, across James Bay, Downtown, Fairfield West, Burnside, Fernwood and Fairfield East.

How do Victoria’s neighbourhoods compare?

Victoria neighbourhoods compared, November 2025 to November 9, 2026
NeighbourhoodSold + pendingDetached medianDetached median daysTownhome medianCondo medianSale-to-listSold over asking
Rockland41$1,550,00032$1,125,000$825,00097.5%5%
Fairfield East56$1,535,00024$887,500$593,75098.3%16%
Fairfield West128$1,495,00021$864,000$528,10098.1%17%
James Bay158$1,457,50021$891,000$732,50097.8%15%
Jubilee62$1,090,00016$825,000$442,75098.3%15%
Oaklands72$1,047,00015$788,000$485,00098.1%19%
Fernwood64$1,039,55022$749,500$425,20097.5%17%
Burnside55$967,50025$660,000$415,00097.7%4%
Central Park38$967,50030$700,000$400,00096.7%8%
Mayfair30$960,00022$702,500$537,50097.3%17%
Hillside46$875,00018$640,000$415,00098.3%15%
Downtown Victoria315$2,850,000154$775,000$500,00097.1%3%
Rock Bay9———$739,00098.6%0%

Source: VREB MLS® sold and pending records, November 2025 to November 9, 2026, via Matrix, compiled by Robin Scrimger. Pending means sold firm but not yet transferred; pending prices are the agreed sale price. Sale-to-list compares the sale price with the final list price. The typical range is the middle half of prices. Neighbourhoods are sorted by detached median; Downtown and Rock Bay had one or no detached sales. Medians are not the MLS® HPI benchmark or an appraisal.

Market context

What is the benchmark price in Victoria?

How to read Victoria home prices.

The MLS® Home Price Index tracks a modelled typical home, so it’s steadier than monthly medians. In October 2026, the City of Victoria’s single-family benchmark was $1,234,000, up 3.1% from a year earlier and up from $1,216,500 in September. Across Greater Victoria, 573 properties sold in October, 7.1% fewer than a year earlier, with 3,594 active listings, and the board described the market as balanced.

01

Victoria single-family

$1,234,000

+3.1% year over year

02

Victoria townhome

$837,900

−3.1% year over year

03

Victoria condo

$492,800

−2.5% year over year

Source: Victoria Real Estate Board, October 2026 Statistics Package, released November 2, 2026.

Detached houses

Compare lot, condition and approved finished space before using price per square foot.

Condo apartments

Start with the same building and account for fees, parking and major work.

Townhomes

Compare layout, outdoor space and which costs the strata covers.

Recent comparable sales are more useful when they reflect the same subarea and property type. Ask Robin for recent Victoria comparables.

Living in Victoria

What is daily life like in Victoria?

Lifestyle.

Some weeks revolve around the water; others around the village, the community centre or the trip to work. Use these stops to see which routes feel natural from a home you’re considering.

Local directory

Village errands

Cook Street Village, James Bay and Fernwood Square

Try the grocery run, the coffee stop and the trip home from the exact address.

City village map

Dining & culture

Old Town, Chinatown and Fernwood

Compare a Downtown evening around Fisgard and Wharf streets with a theatre night around Fernwood Square.

Downtown guide

Parks & waterfront

Dallas Road, Beacon Hill Park and Ross Bay

Pick an exposed waterfront walk and a sheltered alternative you’d use in winter.

City parks directory

Recreation

Community centres and neighbourhood programs

Check the centre nearest the home for the programs you’ll use and walk the route in person.

Community centres

Health

Royal Jubilee Hospital

If hospital access matters, time the trip to the entrance you need, at the hour you expect to use it.

Island Health

Getting around

Cross-town buses and regional trails

Plan a typical trip and the return. Check trail notices and try the actual crossings from the address.

BC Transit trip planner

Buying thoughtfully

What should you check before buying in Victoria?

Look beyond the first impression.

Character, renovation and future plans

On an older house, start with the roof, drains, wiring and the history of additions or suites. Check the City’s permit records and heritage information before planning work.

Strata costs, access and the outlook

Read the strata records with the floor plan. Ask what the fees cover, what repairs are coming and how parking, storage and outdoor space are assigned. If a view matters to your decision, look up nearby applications.

Your Victoria buyer checklist

  • Compare sales of the same property type in the same neighbourhood, not citywide averages.
  • For condos, read the depreciation report, minutes and bylaws, and confirm the title type.
  • For older houses, order a sewer lateral and drain inspection and check the permit history.
  • Check heritage status before planning exterior changes in James Bay, Fairfield, Fernwood or Rockland.
  • Confirm suite permits before counting on rental income.
  • Visit at rush hour and after dark, and walk your real routes from the exact address.

Check school catchments by address · Plan a transit trip

Victoria real estate: frequently asked questions

Questions about living in Victoria.

What are the 13 Victoria neighbourhoods on this page?

They follow the real estate board’s MLS® areas for the City of Victoria: Burnside, Central Park, Downtown, Fairfield East, Fairfield West, Fernwood, Hillside, James Bay, Jubilee, Mayfair, Oaklands, Rock Bay and Rockland. Victoria West is part of the city but is a separate MLS® area, so it isn’t included here.

How much does a house cost in Victoria?

Detached homes across the 13 Victoria neighbourhoods had a median price of $1,225,000 over the past year, and the city’s single-family benchmark was $1,234,000 in October 2026. Neighbourhood makes a big difference: medians ran from $875,000 in Hillside to $1.55 million in Rockland.

How much does a condo cost in Victoria?

Condos had a median price of $510,000 over the past year across 664 sales and pending sales, and the city’s condo benchmark was $492,800 in October 2026, down 2.5% in a year. James Bay and Rockland had the highest condo medians, while Central Park, Burnside and Hillside were among the lowest.

Is Victoria a buyer’s or seller’s market right now?

The board described October 2026 as balanced, after a brief dip into buyer’s market territory in September. Conditions vary by property type and neighbourhood. Detached homes in Oaklands, Hillside and Jubilee sold in a median of 15 to 18 days, while Downtown condos took a median of 42 days.

Which Victoria neighbourhood is best for walking?

Downtown, James Bay and Fairfield West are the most walkable for daily errands, thanks to James Bay Village, Cook Street Village and the core. Fernwood is close behind, with Fernwood Square at its centre. Try your real routes from the exact address, including after dark and in the rain.

Where should I look for a house under $1 million in Victoria?

Start with Hillside, Mayfair and Burnside, where detached medians were $875,000, $960,000 and $967,500 over the past year. Supply is limited, with 13 to 19 detached sales each, so homes can move quickly. Fernwood and Oaklands also had sales under $1 million, often for homes needing updates.

Robin Scrimger, REALTOR® and New Chapter Real Estate Team lead

Your local real estate contact

Meet Robin Scrimger

Robin Scrimger · Personal Real Estate Corporation
REALTOR® & Team Lead · New Chapter Real Estate Team
Coldwell Banker Oceanside Real Estate

Robin can help you compare streets, recent sales and the details that matter when buying or selling in Victoria.

Call Robin: 778-400-6047 · Email Robin · Meet the team

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.