ISLANDSOLD

How Long Does It Take to Sell a House in Victoria, BC?

Days on market by property type and neighbourhood, updated from live VREB data.

Last updated: January 2026

Sold real estate sign in front of a heritage home in Victoria BC on a sunny day

In January 2026, single family homes in Greater Victoria sold in an average of 38 days on market, compared to 29 days in January 2025. With 3,261 active listings and a sales-to-active ratio of 17.8%, Greater Victoria is currently a balanced market. Condos and townhouses typically sell faster or slower depending on the sub-area and price point.

Current Days on Market in Victoria (2026)

Greater Victoria's current sales-to-active ratio is 17.8% as of January 2026, with 579 total sales against 3,261 active listings.

Market Condition Guide (Sales-to-Active Ratio)

  • Below 12% — buyers market
  • 12 to 20% — balanced market
  • Above 20% — sellers market

Victoria is currently: balanced market at 17.8%

Days on market measures the time from when a listing goes active on MLS to when it receives an accepted offer, not the closing date. Homes that are relisted after expiring may show lower DOM figures than their total time on market. For accurate data on a specific address, use our property search to view individual listing history.

Days on Market by Property Type

Single Family Homes

38days avg

vs 29 days last year

31% slower than last year

Condos

47days avg

vs 35 days last year

34% slower than last year

Townhouses

38days avg

vs 40 days last year

5% faster than last year

Source: VREB January 2026 comparative activity data. View full monthly market report →

Days on Market by Neighbourhood in Victoria

The table below shows average and median days on market for single family homes by sub-area, based on the 180-day rolling window ending February 2026.

NeighbourhoodAvg DOMMedian DOMSales (n)Avg Price
SW Northridge211710$1.18M
Vi Oaklands231412$1.13M
SE Lake Hill23139$1.13M
La Mill Hill27179$1.17M
OB Henderson292611$1.77M
Vi Fairfield West29299$1.57M
Es Saxe Point322211$1.13M
SW Tillicum332813$1.01M
SE Camosun35239$1.11M
SE Quadra393110$1.21M
Vi Fairfield East391410$1.76M
SE Ten Mile Point392113$2.67M
Co Royal Bay403311$1.50M
Vi Fernwood412611$1.10M
SW Strawberry Vale41308$1.10M
La Happy Valley433418$892K
SE Broadmead452914$1.52M
Co Triangle483414$1.08M
OB South Oak Bay534232$2.11M
SE Mt Doug55288$1.41M
SE Gordon Head573229$1.49M
SE Cordova Bay612724$1.67M
La Bear Mountain635218$1.53M
SE Cedar Hill684411$1.15M
SE Mt Tolmie71518$1.10M
La Walfred714210$1.03M

Data from IslandSold neighbourhood stats, 180-day rolling window. Sub-areas with fewer than 8 sales excluded for statistical reliability. Explore neighbourhood guides →

What Affects How Quickly a Home Sells in Victoria

Pricing accuracy: Homes priced within 2 to 3% of market value typically sell in the first two weeks. Overpriced homes accumulate DOM and often require price reductions that signal weakness to buyers.

Property type: Condos and townhouses in central Victoria typically move faster than single family homes due to lower price points and higher buyer pool volume.

Neighbourhood demand: Sub-areas with heat scores above 80 (Gordon Head, Westhills, South Oak Bay) consistently post lower DOM than city-wide averages.

Time of year: Spring (March through May) and early fall (September through October) are Victoria's peak selling seasons. December through January typically see the highest DOM figures.

Condition and presentation: Professional photography, staging, and pre-listing inspections measurably reduce DOM by reducing buyer hesitation and conditional offers.

Sellers Market vs Buyers Market in Victoria

The sales-to-active ratio is the primary indicator of market balance in Greater Victoria. A ratio below 12% favours buyers, giving them more choice, negotiating power, and time to make decisions. A ratio above 20% favours sellers, with competing offers and fast closings. The 12 to 20% band is considered balanced, where neither party holds a decisive advantage.

As of January 2026, Victoria's ratio is 17.8%, a balanced market. This means conditions are roughly equal between buyers and sellers.

For monthly updates on Victoria's market conditions, see our VREB monthly market report, updated each month with new board statistics.

Frequently Asked Questions

How long does it take to sell a house in Victoria BC?

Single family homes in Greater Victoria sold in an average of 38 days on market in January 2026, compared to 29 days in January 2025, according to VREB data.

What is the fastest-selling neighbourhood in Victoria BC?

Based on 180-day rolling data, SW Northridge has the lowest average days on market at 21 days for single family homes. Westhills in Langford and Gordon Head in Saanich East consistently rank among the fastest-moving areas.

Is Victoria BC a buyers or sellers market in 2026?

Greater Victoria is currently a balanced market as of January 2026, with a sales-to-active ratio of 17.8% and 3,261 active listings.

How does days on market affect selling price?

Homes that sell within the first two weeks typically achieve closer to asking price or above. Homes accumulating 45 or more days on market in Victoria often see price reductions of 3 to 7% as buyer perception of value shifts.

How long does it take to sell a condo in Victoria BC?

Condos in Victoria sold in an average of 47 days in January 2026, compared to 35 days in January 2025.

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