Greater Victoria New Condos Market Report

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Current New & Newer Condo Listing Data

Greater Victoria New Condos Market Report

Review the current market for new and newer condos in Greater Victoria, including recently completed condominium buildings, developer-owned inventory and newer resale units that meet the same construction-age criteria used by the dedicated New Condos MLS® search.

New-construction market caution: this is an active-listing snapshot, not a completed-sales index. Developer releases, GST treatment, floor-plan mix, completion status and premium units can materially move regional averages.
Greater Victoria new condos and new construction condominium market
Greater Victoria New CondosRecently completed and newer condominium inventory currently represented on MLS®
Current Listing Data

Greater Victoria New Condo Market Charts

Explore the current distribution of asking prices, price per square foot and days on market across new and newer condominium listings in Greater Victoria. The charts are generated from the active listings displayed in this market report.

Active Listings by Price Range

Current new and newer condo listings grouped by asking price.

Days on Market Distribution

Current new-condo listings grouped according to time on market.

Price per Square Foot

Distribution of current new-condo listings with usable living-area data.

Asking Price and Market Time

Each point represents one current new/newer condo listing with asking price compared against days on market.

Charts represent active new and newer condo listings shown on this report and do not represent completed-sale statistics. Developer releases, GST-inclusive or GST-extra pricing, unit size, floor height, parking, views and concentration in a single project can materially shift the distributions. Price-per-square-foot charts use only listings with usable living-area data.

How to Read the Numbers

Understanding Greater Victoria New Condo Listing Data

Newer construction is not a single uniform market. Use these charts as a live inventory snapshot, then compare the building, completion stage, developer, strata finances, unit specification and micro-location that actually determine value.

01

Construction Age & Search Definition

The report should use the same construction-age criteria as Greater Victoria New Condos. In 2026, a practical starting threshold is approximately 2021 or newer unless the VREB/Real Geeks feed provides a better new-construction field. Do not substitute listing recency for construction age.

02

Developer Inventory, GST & Completion Status

Developer-owned units can be priced and contracted differently from ordinary resales. Confirm whether GST is included or additional, whether the unit has ever been occupied, the completion and possession status, deposits, parking and storage rights, and any developer-specific contract terms.

03

Warranty, Deficiencies & Strata Transition

New does not mean risk-free. Review remaining 2-5-10 warranty coverage, deficiency lists, common-property turnover, warranty correspondence, early council minutes and unresolved issues involving water ingress, glazing, elevators, parkades, mechanical systems or landscaping.

04

Strata Fees, Reserves & Actual Operating Costs

Initial budgets may not predict mature operating costs. Compare insurance, utilities, staffing, amenities, elevator and mechanical expenses, contingency funding and depreciation planning. A young strata may have a smaller reserve simply because it has had less time to accumulate one.

05

Location, Views & Future Construction

New inventory is distributed across Victoria, Saanich, Langford, Colwood, Sidney and other municipalities. Floor height, orientation, road exposure, transit, walkability, views and adjacent development sites can create large pricing differences even among similarly aged buildings.

06

Parking, EV Charging, Storage & Pets

Modern projects vary substantially in parking supply, EV infrastructure, bike storage, lockers and pet bylaws. Verify the legal status of stalls and lockers and what “EV ready” means for the specific stall rather than relying on broad marketing language.

01New Condos on MLS®Return to the live Greater Victoria new/newer-construction condo search, interactive map and current listings. 02Presale Condo ProjectsResearch proposed developments, presales and projects still selling before or during construction. 03All Greater Victoria CondosCompare newer inventory with the complete regional condominium market.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
425 Lampson St Unit ##303 2 2 1,001 $989,900 $988 0 days
425 Lampson St Unit ##103 2 2 1,001 $994,900 $993 0 days
2390 City Gate Blvd Unit ##324 2 2 996 $589,900 $592 0 days
2390 City Gate Blvd Unit ##408 2 2 955 $539,900 $565 0 days
427 Lampson St Unit ##403 1 1 610 $619,900 $1,016 0 days
2000 Hannington Rd Unit ##222 2 1 699 $575,000 $822 2 days
9570 Fifth St Unit ##401 2 2 1,204 $1,699,000 $1,411 2 days
9570 Fifth St Unit ##105 3 2 1,351 $1,049,000 $776 2 days
1810 Selenite Pl Unit ##107 1 1 739 $489,900 $662 6 days
1810 Selenite Pl Unit ##111 2 2 1,107 $579,900 $523 6 days
1810 Selenite Pl Unit ##113 2 2 1,156 $634,900 $549 6 days
7815 Wallace Dr Unit ##207 2 2 1,131 $879,900 $777 5 days
7815 Wallace Dr Unit ##301 1 1 849 $679,900 $800 5 days
7815 Wallace Dr Unit ##602 2 2 1,288 $1,399,000 $1,086 5 days
1810 Selenite Pl Unit ##209 2 2 1,123 $629,900 $560 6 days
1810 Selenite Pl Unit ##204 2 2 1,123 $674,900 $600 6 days
1810 Selenite Pl Unit ##208 2 3 1,102 $659,900 $598 6 days
777 Station Ave Unit ##510 2 2 970 $584,900 $602 7 days
9570 Fifth St Unit ##407 2 2 1,316 $1,399,000 $1,063 7 days
899 Esquimalt Rd Unit ##905 2 2 843 $999,000 $1,185 7 days
1100 Yates St Unit ##303 1 1 475 $459,900 $968 7 days
1371 Goldstream Ave Unit ##614 1 1 654 $425,000 $649 8 days
1371 Goldstream Ave Unit ##516 1 1 614 $425,000 $692 8 days
2341 Bear Mountain Pkwy Unit ##408 1 1 696 $529,000 $760 8 days
2000 West Park Lane Unit ##101 1 1 598 $428,400 $716 8 days
2000 West Park Lane Unit ##311 2 2 933 $608,310 $651 8 days
2000 West Park Lane Unit ##201 2 2 1,125 $644,310 $572 8 days
920 Reunion Ave Unit ##236 2 2 933 $559,900 $600 9 days
9570 Fifth St Unit ##206 2 2 1,201 $1,049,000 $873 13 days
3564B Ryder Hesjedal Way Unit ##107 2 2 941 $689,000 $732 13 days
167 Island Hwy Unit ##418 2 2 1,108 $769,900 $694 14 days
1100 Yates St Unit ##511 2 2 827 $728,000 $880 14 days
2000 Hannington Rd Unit ##518 2 2 1,105 $825,000 $746 19 days
2390 City Gate Blvd Unit ##515 2 2 949 $519,900 $547 19 days
2390 City Gate Blvd Unit ##403 1 1 650 $409,900 $630 19 days
5229 Cordova Bay Rd Unit ##202 2 2 1,282 $1,350,000 $1,053 19 days
2390 City Gate Blvd Unit ##511 2 2 955 $519,900 $544 19 days
167 Island Hwy Unit ##504 2 2 844 $849,900 $1,006 19 days
3564 A Ryder Hesjedal Way Unit ##212 1 1 691 $499,000 $722 21 days
2000 Hannington Rd Unit ##1118 2 2 1,302 $1,199,900 $921 21 days
258 Helmcken Rd Unit ##606 2 2 750 $649,900 $866 22 days
258 Helmcken Rd Unit ##303 2 2 995 $659,900 $663 26 days
258 Helmcken Rd Unit ##212 2 2 878 $549,900 $626 26 days
258 Helmcken Rd Unit ##412 2 2 878 $599,000 $682 27 days
9570 Fifth St Unit ##107 3 2 1,391 $999,000 $718 27 days
1110 Samar Cres Unit ##314 2 2 1,182 $715,000 $604 28 days
1114 Samar Cres Unit ##306 2 2 937 $569,900 $608 28 days
1114 Samar Cres Unit ##304 1 1 686 $449,900 $655 28 days
2000 Hannington Rd Unit ##1002 2 2 1,344 $1,239,000 $921 35 days
1075 Tillicum Rd Unit ##201 2 2 609 $539,900 $886 35 days
Average: 1.8 1.7 936 $726,471 $790 92 days
Viewing 1 - 50 of 204
Viewing 1 - 50 of 204
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
511 Rithet St Unit ##102 2 2 1,087 $1,250,000 $1,149 0 days
511 Rithet St Unit #203 3 2 1,044 $1,100,000 $1,053 2 days
511 Rithet St Unit #201 2 2 882 $895,000 $1,014 1 day
511 Rithet St Unit #501 3 3 1,873 $2,600,000 $1,388 0 days
511 Rithet St Unit #103 2 2 980 $1,135,000 $1,158 21 days
Average: 2.4 2.2 1,173 $1,396,000 $1,152 4 days
Viewing 1 - 5 of 5
Viewing 1 - 5 of 5

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