According to MLS Home Price Index methodology, the characteristics of a single family home are a composite of those for one- and two-storey single family homes and don't specify whether the home is attached or detached.
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Single family house prices in Victoria BC 2025, by suburb
In June 2025, a single-family house in Oak Bay cost **** million Canadian dollars. Oak Bay was the most expensive suburb in Victoria, British Columbia, followed by Highlands and North Saanich.
Victoria: an overview
Victoria is the capital city of the province of British Columbia. The city is located south of Vancouver, and across the U.S. border from Seattle. In 2020, the average home price in Victoria was ****million Canadian dollars, which placed the city as the sixth most expensive Canadian city for residential real estate.
Home affordability in Canada
Housing affordability is, undoubtedly, one of the biggest barriers to homeownership in Canada. In 2025, the ratio of homeownership costs to income was **** percent. Nevertheless, more expensive locations in the country had a higher ratio, with Vancouver exceeding ** percent, suggesting that on average, mortgage payments were slightly lower than the average income.Â
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VREB. (July 1, 2025). Prices for a single-family house in Victoria, British Columbia in June 2025, by suburb (in 1,000 Canadian dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/
VREB. "Prices for a single-family house in Victoria, British Columbia in June 2025, by suburb (in 1,000 Canadian dollars)." Chart. July 1, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/
VREB. (2025). Prices for a single-family house in Victoria, British Columbia in June 2025, by suburb (in 1,000 Canadian dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/
VREB. "Prices for a Single-family House in Victoria, British Columbia in June 2025, by Suburb (in 1,000 Canadian Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Jul 2025, /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/
VREB, Prices for a single-family house in Victoria, British Columbia in June 2025, by suburb (in 1,000 Canadian dollars) ÌÇÐÄÆƽâ°æ, /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/ (last visited August 03, 2026)
Prices for a single-family house in Victoria, British Columbia in June 2025, by suburb (in 1,000 Canadian dollars) [Graph], VREB, July 1, 2025. [Online]. Available: /statistics/647969/single-family-house-prices-in-victoria-bc-by-suburb/
