What’s Happening on the Ground
Inventory declined slightly from September (down 7.3%), but remained 8.3% higher than this time last year—giving buyers more selection and reducing urgency. Sales were down 5.7% compared to October 2024, reflecting a calmer, balanced fall market following a strong spring and summer.
October 2025 Market Overview
Active Listings: 3,423 Total Properties Sold: 617
Single‑Family Homes: 350 sold
Up 2.9% year-over-year, showing that demand for detached homes remains resilient despite higher inventory.
Townhouses: 75 sold
Up 2.7% year-over-year. Buyers continue to show strong interest in this middle-market segment, particularly in suburban and new-build locations.
Condominiums: 159 sold
Down 15% year-over-year, marking continued softness in this segment as buyers look for value or shift toward larger property types.
Benchmark Price – Single Family Homes (Victoria Core): $1,276,500
Down 1.8% year-over-year. A mild pullback from peak pricing, reflecting seasonal normalization and selective buyer activity.
Benchmark Price – Townhouses (Victoria Core): $845,800
Fairly stable year-over-year. Demand has kept this segment relatively steady despite broader market shifts.
Benchmark Price – Condos (Victoria Core): $551,000
Up 0.6% year-over-year. While pricing has held, lower sales suggest a more cautious and price-sensitive buyer pool.
What This Means for You
Thinking of selling?
Detached homes and well-located townhouses remain attractive. With balanced conditions, sellers must focus on strong pricing and presentation. Well-prepared listings are still moving—especially those priced within market expectations.
Looking to buy?
Fall is providing opportunity. With inventory levels elevated and competition reduced, you can take more time to evaluate your options—especially in the condo and townhouse markets.
Investors & Developers?
Townhomes remain a stable, desirable product. Condo inventory and slower absorption suggest potential for strategic acquisition, repositioning, or negotiation. Detached homes continue to demonstrate strong long-term value.