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Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

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Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca
Relta Real Estate is a brand and software platform, not a brokerage. Real estate services are provided by Ray Rasouli, licensed with Real Broker B.C. Ltd.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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Home/Hot deals/Vancouver Island & the Gulf Islands/Victoria

Vancouver Island & the Gulf Islands · updated hourly

Where the asking price looks favourable in Victoria.

8 active Victoria listings score at 55 or higher against comparable sales, price-cut history, and market context. The cards below are the top of that field, ranked against the whole of it.

Scored listings

8

Strong value

5

Median asking

$392K

Average score

74.1

Two things are being measured. The score out of 100 says how the asking price holds up against comparable sales. The standing on each card says how rare that score is in that city, counted against every scored listing there rather than the handful shown. Only listings with at least three comparable sales appear at all, because a score with nothing to compare against is not a score. All of it is a starting point for your own diligence, not financial advice.

5 of them reach 75 or higher, which reads as strong value, about 63% of what is scored here.

The median asking price across them is $392,450.

The average score is 74.1. Figures reflect current asking prices on active listings and refresh on the hour.

The top of the board in Victoria

Strong value

$419,900

85

Victoria

1 bd · 1 ba · 702 sqft

Asking / sqft

$598

Comparable median

$783

Below 50 comps

23.6%

Listed by Oakwyn Realty Ltd.MLS® 1029960
Strong value

$175,000

83

Victoria

0 bd · 1 ba · 409 sqft

Asking / sqft

$428

Comparable median

$934

Below 50 comps

54.2%

Listed by Engel & Volkers Vancouver IslandMLS® 1037330
Strong value

$434,900

83

Victoria

2 bd · 1 ba · 1,050 sqft

Asking / sqft

$414

Comparable median

$558

Below 50 comps

25.8%

Listed by eXp RealtyMLS® 1037775
Strong value

$550,000

83

Victoria

2 bd · 2 ba · 980 sqft

Asking / sqft

$561

Comparable median

$748

Below 50 comps

24.9%

Listed by Royal LePage Coast Capital - ChattertonMLS® 1041326
Strong value

$365,000

78

Victoria

1 bd · 1 ba · 456 sqft

Asking / sqft

$800

Comparable median

$963

Below 50 comps

16.8%

Listed by Engel & Volkers Vancouver IslandMLS® 1025251
Good value

$350,000

61

Victoria

1 bd · 1 ba · 510 sqft

Asking / sqft

$686

Comparable median

$961

Below 50 comps

28.6%

Listed by eXp RealtyMLS® 1041032
Good value

$359,900

61

Victoria

1 bd · 1 ba · 622 sqft

Asking / sqft

$579

Comparable median

$810

Below 50 comps

28.6%

Listed by RE/MAX CamosunMLS® 1039098
Good value

$422,500

58

Victoria

2 bd · 1 ba · 734 sqft

Asking / sqft

$576

Comparable median

$693

Below 50 comps

16.9%

Listed by RE/MAX CamosunMLS® 1039455

Smart search

Deals in Victoria move quickly.

The listings on this page change daily. Set your search once and the ones worth seeing come to you instead.

Alerts when it matters

A new listing, a price drop or an open house in what you are watching, sent as it happens.

A shortlist that stays put

Save homes as you find them and they are still there next week, on any device.

Your own dashboard

Compare what you saved side by side, with the mortgage math and neighbourhood detail attached.

Or build your search properly →

A few questions about budget, area and must-haves, and the shortlist is built around your answers.

VICTORIA ALERTS

1 / 3

What do you want to hear about?

Pick as many as you want. You can change this later.

New listings

The moment something comes to market

Price drops

When a seller cuts their asking price

Open houses

Before you plan your weekend

Other Vancouver Island & the Gulf Islands cities

Nanaimo

31 scored · median $775K

Avg score 71.8 →

Vernon

27 scored · median $670K

Avg score 72.6 →

Langford

20 scored · median $590K

Avg score 66.2 →

Duncan

12 scored · median $575K

Avg score 69 →

Port Alberni

11 scored · median $589K

Avg score 67.7 →

Courtenay

10 scored · median $697K

Avg score 71.9 →

Saanich

10 scored · median $472K

Avg score 66.3 →

Campbell River

9 scored · median $785K

Avg score 67.3 →

Ladysmith

7 scored · median $790K

Avg score 74.6 →

What paying for a home in Victoria looks like

Victoria households earn a median of $67,500 a year, and owners here carry a median shelter cost of $1,310 a month, about 23% of that income before tax.

34% of Victoria households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.

Owners hold 40% of Victoria homes and renters the other 60%.

The census valued the average Victoria dwelling at $821,000 in 2021. The median asking price among the listings scored here is $392,450, 52% below that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.

Source: Statistics Canada, 2021 Census of Population, census subdivision level.

How a deal earns its place

Scored out of 100 against comparable sales, price history and market context, then ranked against every other scored listing in the same city. Nothing is hand-picked and no listing can pay to appear.

See the full method and browse every region

All Victoria listingsVictoria market reportVancouver Island & the Gulf Islands

Source: BCRES MLS® via Bridge Interactive. Listing content is provided under MLS® Reciprocity and is deemed reliable but not guaranteed accurate. Scores reflect current asking prices on active listings and refresh on the hour. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of CREA.