Homes & Condos for Sale – Downtown Victoria Real Estate

The rapidly expanding hub on Vancouver Island.

What makes Downtown Victoria special?

Depending on what part of the city you find yourself in, you will constantly be reminded of the wonderful history that built the Capital City. From the Inner Harbour’s iconic Parliament Buildings and Empress Hotel, to the narrow alleyways of the Oldest Chinatown in Canada, you will find your new favorite coffee shop, shopping, or friend, right around the corner.

Growth

In the last 5 years there has been an onslaught of condo development in Downtown Victoria. There are lots of great options, with sleek new builds on every block.

Access

Bustling streets, eclectic music and arts, and an incredible array of restaurants, cafes, and bars; Victoria’s downtown has it all and it’s all within walking distance.

Community

Want to meet new people? Experience new cultures? Growth in Victoria’s downtown also means an influx of new people that also want to experience the city.

Everything at your Doorstep

Is it possible to have too much of a good thing? In this case it’s tough to say that more great food, great people, and great experiences are too much. Victoria’s downtown condos and homes offer it all..

$611,100

Benchmark Price (Condo 2022)

293

Condo Sales (in 2022)

2348

Condo Sales (Last 5 Years)

464

New Condo Listings (in 2022)

Recent History

Despite the early trends toward work from home and suburban lifestyles, condo price growth was strong through the COVID-19 Pandemic. The benchmark price of a condo in Downtown Victoria has risen by 49.7% in the last 5 years. In Greater Victoria the benchmark price of a condo has grown by 63.2%. The disparity lies mainly because there has always been a concentration of luxury condos and transient rentals in the downtown neighbourhood that formed the basis of a stronger market within the last decade.

SALES VS. NEW LISTING RATIO (IN 2022) – 63.14%
SALE VS. LIST PRICE (IN 2022) – 0% ABOVE
SALE VS. ORIGINAL PRICE (IN 2022) – 0% ABOVE

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