As we move along in December, the Victoria real estate market shows a clear shift in pace. Sales slowed in November, inventory remained healthy, and the overall tone of the market leaned toward patience — offering more breathing room for buyers and a steady, balanced environment for sellers.

Here’s what you need to know.

Home Sales Down Compared to Last Year

A total of 451 properties sold across the Victoria Real Estate Board region in November 2025. This reflects:

• 18.1% fewer sales compared to November 2024 (551 sales)

• 26.9% fewer sales than October 2025

• Yet still higher activity than November 2022 and 2023, when sales dipped below 400

Sales varied by property type:

• Condo sales: 119 units sold (down 36% year-over-year)

• Single-family homes: 241 sold (down 8.4% year-over-year)

The Board notes this year-over-year comparison looks dramatic only because 2024 experienced an unusual late-year sales rally, which is not the norm for Victoria.

Inventory Eases, But Choices Remain Strong

At the end of November, there were 3,152 active listings, representing:

• 7.9% fewer listings than October 2025

• 11.1% more listings than November 2024

Buyers still have plenty of selection, but inventory is tightening slightly as we enter the winter season — a typical trend for Victoria.

Market Tone: Balanced, Patient, and Price-Sensitive

2025 VREB Chair Dirk VanderWal describes the November mood as “one of patience.”

• Buyers are taking their time.

• Sellers who price accurately and present their homes well are still seeing results.

• The market remains balanced, without the urgency of the early 2020s.

Different neighbourhoods and property types perform differently, so understanding where your home sits on the buyer–seller spectrum is key.

Benchmark Home Prices: Stable With Mild Movement

Single-Family Homes (Victoria Core)

• November 2024: $1,313,900

• November 2025: $1,276,700 (-2.8% year-over-year)

• Slight dip from October’s benchmark of $1,280,100

Condominiums (Victoria Core)

• November 2024: $542,100

• November 2025: $553,100 (+2% year-over-year)

• Up from October’s benchmark of $549,000

Condo values continue to hold steady, while single-family pricing shows mild softening — a trend aligned with broader affordability patterns.

What This Means for Buyers

• You have time and choice, especially compared to recent years.

• Well-priced homes still move quickly, particularly in the Core, Sidney, and Saanich East.

• If you're planning to buy in early 2026, now is a great moment to start conversations and get pre-approved before the January uptick.

What This Means for Sellers

• Presentation and pricing matter more than ever in a patient market.

• Buyers are thoughtful and selective — staging, photography, and market positioning are essential.

• A complimentary home evaluation can help you understand where your home sits in today’s balanced conditions.

I Can Help You Navigate This Market

Whether you’re planning to buy or sell in 2026, I’d love to walk you through what this market means for your specific plans.

➡️ Reach out anytime for a personalized market review or home evaluation 250-415-5656.

Jacqueline Ross
REALTOR® | Coldwell Banker Oceanside Real Estate
(250) 415-5656
jac@yourvanislehome.com
www.YourVanIsleHome.com
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Helping you find home — and community — here in Victoria, BC.

December is the perfect month for downsizers to quietly prepare for a move — especially if you’re planning to list your home in early 2026. A bit of intentional work now reduces stress later, ensures your home shows its best, and positions you to make confident decisions when the spring market picks up in Greater Victoria.

Whether you’re moving to a condo, townhome, or a low-maintenance home that fits your next chapter, here’s a practical month-by-month approach to get your home ready.

1. Declutter and Simplify Before the New Year

Downsizing works best when you let go of anything that no longer fits your lifestyle. December is ideal because donation centres, shelters, and thrift shops across Greater Victoria are actively accepting winter clothing and household items.

Focus on:
• Winter coats and boots you haven’t worn
• Extra décor or holiday items
• Duplicate kitchen items
• Books, linens, and small appliances
• Sentimental items you no longer want to move

Early decluttering means fewer boxes, fewer decisions later, and a smoother transition into your next home.

2. Light Pre-Staging That Makes an Impact

You don’t need full staging yet, but small touches now will help your home feel bright, fresh, and spacious.

Simple December staging tips:
• Remove small or excess furniture to open pathways
• Streamline holiday décor
• Clear surfaces to create a sense of calm
• Use warm, neutral lighting to brighten darker winter days
• Pack away items you won’t need before your move

Homes that feel tidy, open, and low-maintenance attract downsizing-minded buyers too.

3. Tackle Easy Seasonal Maintenance

A well-maintained home signals to buyers that you’ve cared for your property — something that makes a real difference in your sale price and days on market.

Quick December tasks:
• Change furnace filters
• Check smoke & CO detectors
• Replace any burnt bulbs
• Touch up scuffed walls and baseboards
• Clear gutters and ensure pathways are safe for viewings

These simple steps improve your home’s overall impression and minimize future surprises.

4. Organize Your Home Information Binder

Downsizers often have years of service records, manuals, and receipts tucked away. Preparing these early will save time and reduce stress once you’re actively selling.

Gather:
• Renovation receipts
• Warranty information
• Property tax statements
• Manuals for appliances staying with the home
• Any relevant permits or survey documents

Buyers appreciate transparency — and it strengthens your negotiation position.

5. Meet With Me, Your Realtor in December or January

December is a strategic time to understand:
• Ideal timing for listing your home
• Comparable sales in your neighbourhood
• Whether your home is best positioned for early spring
• What updates (if any) will maximize your return
• How to coordinate your sale and purchase so your move feels easy

Most downsizers appreciate a plan that reduces overwhelm — and planning early gives you options.

6. Begin Visualizing Your Next Chapter

Your downsizing journey isn’t only about your current home — it’s about building a lifestyle that fits your life now.

Consider:
• Walkability
• Accessibility and layout
• Low-maintenance living
• Proximity to family or community
• Storage or hobby needs
• Desire for amenities

Exploring early ensures your next home truly supports you.

Ready to Start Your Downsizing Journey?

If you’re planning a move in 2026 — or simply want to understand your options — I’d love to support you with a clear, personalized plan. From preparing your home for a smooth sale to helping you find the right community for your next chapter, you don’t have to navigate this alone.

If you're considering a move or downsizing and want guidance tailored to your lifestyle and goals, reach out anytime — I’m here to help you feel confident, supported, and at home every step of the way.

Before you call me at 250-415-5656, download the playbook here: The Smart Downsizer’s Guide

Jacqueline Ross
REALTOR® | Coldwell Banker Oceanside Real Estate
📍 Serving Greater Victoria, Saanich Peninsula & Vancouver Island
🌐 YourVanIsleHome.com
📩 jac@yourvanislehome.com
📱 250-415-5656

A Balanced Victoria Real Estate Market Continues to Provide Consumers with Options

The latest October stats from the Victoria Real Estate Board show a steady and balanced market — good news for both buyers and sellers as we move toward winter.

A total of 617 properties sold across Greater Victoria in October 2025, down slightly (5.7%) from October 2024, but up 11.4% from September 2025. Single-family home sales rose by 2.9% year over year, while condo sales dipped 15%.

“The local real estate market remains reasonably balanced,” said VREB Chair Dirk VanderWal. “Single family homes are seeing the strongest demand, and this month marked the highest number of October sales since 2020.”

At the end of October, there were 3,423 active listings, 8.3% higher than this time last year — giving buyers more choice and time to make confident decisions.

Meanwhile, the Bank of Canada’s latest rate cut late in October is a hopeful sign for affordability. It’s still early to see how it will impact fixed and variable mortgage rates, but many buyers and homeowners are watching closely.

What This Means for Buyers

With a balanced market and more listings available, buyers have breathing room to explore options and negotiate strategically — especially for condos, where there’s a healthy selection right now. Slight dips in single-family home prices (down 1.8% from last year) also open opportunities for those ready to make a move before competition heats up again in spring.

If you’re considering purchasing, now’s the time to get pre-approved while rates may start adjusting downward. I can connect you with a trusted local mortgage broker to discuss your financing strategy before your dream home hits the market.

What This Means for Sellers

For homeowners thinking of selling, this balanced market means motivated, qualified buyers are still out there — particularly for well-priced single-family homes and townhouses. With the right preparation, presentation, and pricing strategy, your property can stand out before the seasonal slowdown.

Curious what your home could sell for today? I’d be happy to provide a personalized home evaluation to help you plan your next move confidently.

For Those Renewing Their Mortgage

If your mortgage renewal is coming up soon, this is a key moment to reassess your options. The recent Bank of Canada rate cut could offer a chance to lock in a more favourable rate or explore refinancing options that better fit your goals.

Not sure where to start? I can introduce you to an experienced mortgage broker partner who can walk you through the numbers and strategies tailored to your situation.

In Summary

The Victoria housing market continues to demonstrate balance and resilience. Whether you’re buying, selling, or renewing, staying informed and working with trusted local professionals ensures you make your next move with confidence.

📞 Ready to talk strategy?
Let’s connect to discuss how today’s market trends align with your goals. Reach out directly at 250-415-5656.

Jacqueline Ross
REALTOR® | Coldwell Banker Oceanside Real Estate
(250) 415-5656
jac@yourvanislehome.com
www.YourVanIsleHome.com
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Helping you find home — and community — here in Victoria, BC.

The summer season is often seen as a hot time for real estate—but sometimes, your home listing doesn’t get the heat you expected. Maybe the foot traffic has slowed, your listing is getting stale, or offers just aren’t coming in. Don't panic. This is more common than you think, and the good news is, there are strategic steps you can take right now to turn things around.

Here’s what to do when your home isn’t selling this summer:

1. Revisit Your Pricing Strategy

Buyers are savvy. If your home is priced too high for the current market—or doesn’t offer enough value compared to similar listings nearby—it can sit idle. Even a small price adjustment can generate new interest and bring your home back into buyers' search results.

2. Refresh Your Listing Photos

Summer light is beautiful—so use it to your advantage. If your listing photos were taken in the spring (or worse, during a gloomy winter), consider having new professional shots taken with lush landscaping, fresh flowers, and glowing natural light.

3. Boost Your Curb Appeal

Is your front yard inviting? Overgrown shrubs, faded paint, or a dated front door can give the wrong first impression. Small updates—like power washing the walkway, planting seasonal flowers, or repainting your trim—can make a big difference.

4. Reignite Your Marketing Plan

It may be time to try new marketing tactics. Has your agent promoted your home through video tours, open houses, targeted social media ads, or local features? The more eyeballs, the better. Have they left no stone unturned? Ask for a fresh marketing plan and amplify your home’s visibility where buyers are looking.

5. Stage for the Season

Make your home feel like the ultimate summer sanctuary. Think light and airy linens, fresh scents, and clean, uncluttered spaces. A well-staged home helps buyers imagine themselves enjoying summer mornings on the patio or warm evenings in the backyard.

6. Get Buyer Feedback (and Listen Closely)

If you've had showings but no offers, there’s valuable information hiding in buyer feedback. Are people mentioning the layout, finishes, or location? Adjust what you can—and speak to your agent about how to better position your home to overcome objections.

7. Consider Incentives

Sometimes a little motivation goes a long way. Offering to cover closing costs, include appliances, or provide a decorating allowance can tip the scale for a hesitant buyer.

The Bottom Line

If your home isn’t selling this summer, don’t just wait and hope—act. A few small shifts can breathe new life into your listing and attract the right buyer. Markets ebb and flow, but with a smart strategy, your home can stand out.

If your home has been sitting with little action, it might be time to rethink the brokerage representing it. If you’re considering a team with strategies that actually sell, get in touch and let’s get your home moving!

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com
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