



Victoria’s median sale price was $1,306,500 in September, representing a 2% decrease from the same month last year. With median list price and price-per-square-foot data unavailable, the clearest takeaway is modest year-over-year softening rather than a broad market conclusion. For buyers, this may create an opportunity to approach negotiations thoughtfully and focus on properties that fit both lifestyle and budget. A lower median sale price does not mean every home is less expensive, so comparing specific neighbourhoods, property types and recent comparable sales remains essential. For sellers, accurate pricing is more important than ever. Strong presentation, realistic expectations and a clear marketing plan can help a property stand out while attracting qualified buyers. The right strategy depends on the home’s condition, location and competition at the time of listing. If you are considering buying or selling in Victoria, a personalized neighbourhood-level review can provide more useful guidance than a single citywide statistic. Reach out for a current market assessment and a strategy tailored to your next move.