The Victoria Real Estate Board’s MLS HPI benchmark for September 2026, across its whole board area, was $1,150,300 for a single family home, $542,800 for a condo and $774,000 for a townhouse: −1.5%, +0.3% and −1.1% against September 2025. The board’s news release leads with the smaller, pricier Victoria Core instead ($1,280,100 single family, $547,800 condo), so the two must not be mixed. BC Assessment’s typical single family assessed value for the City of Victoria in 2026 is $1,128,000, as of July 1, 2025. These are published statistics, not listings or forecasts.
Benchmark home prices, September 2026
$1,150,300
$542,800
$774,000
By area and property type, September 2026
| Area | September 2026 | March 2026 | September 2025 | Change on a year earlier |
|---|---|---|---|---|
| Whole board area | $1,150,300 | $1,168,300 | $1,167,400 | -1.5% |
| Victoria | $1,216,500 | $1,255,800 | $1,220,900 | -0.4% |
| Victoria West | $974,300 | $1,070,000 | $1,040,700 | -6.4% |
| Oak Bay | $1,726,800 | $1,836,500 | $1,780,300 | -3.0% |
| Esquimalt | $972,200 | $1,083,500 | $1,057,500 | -8.1% |
| View Royal | $1,017,500 | $1,100,200 | $1,083,700 | -6.1% |
| Saanich East | $1,309,500 | $1,333,300 | $1,331,600 | -1.7% |
| Saanich West | $1,041,400 | $1,094,300 | $1,087,600 | -4.2% |
| Sooke | $807,300 | $805,900 | $829,600 | -2.7% |
| Langford | $1,051,100 | $1,060,100 | $1,062,300 | -1.1% |
| Metchosin | $1,350,700 | $1,286,400 | $1,394,000 | -3.1% |
| Colwood | $1,080,800 | $1,105,700 | $1,081,400 | -0.1% |
| Highlands | $1,581,700 | $1,628,500 | $1,678,300 | -5.8% |
| North Saanich | $1,471,800 | $1,486,500 | $1,498,700 | -1.8% |
| Sidney | $1,010,400 | $1,002,700 | $1,012,200 | -0.2% |
| Central Saanich | $1,187,600 | $1,154,700 | $1,212,200 | -2.0% |
| Malahat and area | $912,100 | $883,100 | $898,600 | +1.5% |
| Gulf Islands | $735,800 | $700,900 | $777,100 | -5.3% |
| Area | September 2026 | March 2026 | September 2025 | Change on a year earlier |
|---|---|---|---|---|
| Whole board area | $542,800 | $550,900 | $541,300 | +0.3% |
| Victoria | $499,000 | $498,400 | $498,500 | +0.1% |
| Victoria West | $711,400 | $719,400 | $710,100 | +0.2% |
| Oak Bay | $707,300 | $697,800 | $670,900 | +5.4% |
| Esquimalt | $539,200 | $551,300 | $531,800 | +1.4% |
| View Royal | $520,100 | $551,200 | $539,700 | -3.6% |
| Saanich East | $594,100 | $611,700 | $575,800 | +3.2% |
| Saanich West | $521,600 | $542,700 | $523,200 | -0.3% |
| Sooke | $468,300 | $505,800 | $483,300 | -3.1% |
| Langford | $480,800 | $516,700 | $500,800 | -4.0% |
| Colwood | $461,000 | $491,800 | $486,500 | -5.2% |
| North Saanich | $656,500 | $624,900 | $662,500 | -0.9% |
| Sidney | $656,300 | $617,700 | $630,500 | +4.1% |
| Central Saanich | $537,400 | $508,500 | $531,200 | +1.2% |
| Area | September 2026 | March 2026 | September 2025 | Change on a year earlier |
|---|---|---|---|---|
| Whole board area | $774,000 | $788,500 | $783,000 | -1.1% |
| Victoria | $838,100 | $859,100 | $872,700 | -4.0% |
| Victoria West | $846,300 | $890,500 | $874,300 | -3.2% |
| Esquimalt | $734,300 | $756,400 | $740,900 | -0.9% |
| View Royal | $796,900 | $826,700 | $795,000 | +0.2% |
| Saanich East | $899,100 | $913,700 | $902,000 | -0.3% |
| Saanich West | $767,500 | $770,300 | $762,200 | +0.7% |
| Sooke | $651,200 | $678,400 | $659,500 | -1.3% |
| Langford | $712,900 | $728,600 | $716,100 | -0.4% |
| Colwood | $719,700 | $750,300 | $743,800 | -3.2% |
| Sidney | $886,200 | $864,500 | $877,100 | +1.0% |
| Central Saanich | $719,600 | $713,200 | $717,800 | +0.3% |
| Malahat and area | $654,000 | $679,800 | $675,600 | -3.2% |
| Gulf Islands | $613,300 | $609,900 | $619,300 | -1.0% |
Sales in September 2026
| Type | Sales | Average sale price | Median sale price |
|---|---|---|---|
| Single family | 239 | $1,268,691 | $1,140,000 |
| Condo apartment | 137 | $605,399 | $517,500 |
| Townhouse | 53 | $845,780 | $779,900 |
BC Assessment: typical assessed values, 2026 roll
| Community | 2025 (as of July 1, 2024) | 2026 (as of July 1, 2025) | Change |
|---|---|---|---|
| City of Victoria | $1,113,000 | $1,128,000 | +1% |
| District of Saanich | $1,157,000 | $1,164,000 | +1% |
| Township of Esquimalt | $1,015,000 | $1,014,000 | 0% |
| District of Oak Bay | $1,630,000 | $1,647,000 | +1% |
| Town of View Royal | $1,095,000 | $1,089,000 | -1% |
| City of Colwood | $996,000 | $982,000 | -1% |
| City of Langford | $947,000 | $951,000 | 0% |
| District of Metchosin | $1,243,000 | $1,221,000 | -2% |
| District of Highlands | $1,263,000 | $1,231,000 | -3% |
| District of Sooke | $797,000 | $786,000 | -1% |
| District of Central Saanich | $1,082,000 | $1,091,000 | +1% |
| District of North Saanich | $1,346,000 | $1,366,000 | +1% |
| Town of Sidney | $938,000 | $953,000 | +2% |
| Gulf Islands | $856,000 | $867,000 | +1% |
| Community | 2025 (as of July 1, 2024) | 2026 (as of July 1, 2025) | Change |
|---|---|---|---|
| City of Victoria | $561,000 | $551,000 | -2% |
| District of Saanich | $597,000 | $597,000 | 0% |
| Township of Esquimalt | $562,000 | $559,000 | -1% |
| District of Oak Bay | $815,000 | $823,000 | +1% |
| City of Langford | $562,000 | $556,000 | -1% |
| Town of View Royal | $634,000 | $649,000 | +2% |
| City of Colwood | $640,000 | $637,000 | 0% |
| District of Central Saanich | $661,000 | $677,000 | +2% |
| Town of Sidney | $631,000 | $650,000 | +3% |
BCREA
What the numbers are
The MLS Home Price Index benchmark is the Victoria Real Estate Board’s estimate of what a typical home of one type is worth, built from the features buyers pay for. It is steadier than average or median sale prices, which jump with the mix of homes sold in a month. The tables show it for each area VREB publishes and for three property types, with the same benchmark six months and twelve months earlier.
BC Assessment values are a different thing again: the estimated market value of each property on a fixed date, used to set property tax. The 2026 assessments reflect July 1, 2025, so they trail the benchmark by months.
Which area a figure covers
VREB reports for several areas, and the figure depends on which one you pick. Its news release leads with the Victoria Core. Its full statistics package also reports the whole board area and individual municipalities and districts. A district name in the table is VREB’s own grouping, not always a municipal boundary, so check the board’s area guide before relying on a row for one street.
Reading it with care
One month is a snapshot. VREB itself says price statistics are most useful when looked at over six months or longer and do not show the value of any particular property. Nothing here predicts where prices go next. If you are working out what a purchase would cost, use the property transfer tax calculator, closing costs, the first-time home buyer guide and the rent vs buy calculator.
Frequently asked questions
What is the average house price in Victoria BC?
It depends on the measure and the area. VREB’s September 2026 benchmark, an estimate for a typical home, is $1,150,300 for single family across its whole board area, or $1,280,100 for the Victoria Core. Actual sales in September 2026 averaged $1,268,691 for single family homes (median $1,140,000), $605,399 for condos and $845,780 for townhouses, but averages move with which homes happened to sell.
Why does VREB quote a different number from the one on this page?
VREB’s news release headlines the Victoria Core, a smaller and more expensive part of the region: $1,280,100 for single family in September 2026. Its statistics package also gives a whole board area figure, $1,150,300. This page shows the whole board area and labels the Core wherever it appears.
Are Victoria house prices falling?
Over the year to September 2026 the whole-area single family benchmark moved from $1,167,400 to $1,150,300 (−1.5%) and the townhouse benchmark from $783,000 to $774,000, while the condo benchmark moved from $541,300 to $542,800. VREB’s chair said September looked like buyer’s market territory but that one month does not make a trend. This site does not forecast prices.
Is a BC Assessment value what my home will sell for?
No. Assessments are estimates of market value on a set date for property tax: the 2026 roll uses July 1, 2025, and BC Assessment calculates its published figures from median values. Sale prices can differ, and the market has moved since.
Where are the listings?
There are none. This site does not list homes or quote asking prices. VREB’s listings are on its member sites and REALTOR.ca.
Why is there no BCREA figure?
The BC Real Estate Association publishes monthly tables for each board, but its server refused our automated requests, so we show none rather than copy one from a news report. Its economics page is linked on this page.
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