06/04/2026
Victoria Real Estate โ May 2026: The Market Military Buyers Have Been Waiting For ๐ก
For the first time in over a decade, Greater Victoria has the most inventory we've seen in 11 years โ and that changes everything for buyers.
๐ MAY 2026 BY THE NUMBERS:
โ
713 properties sold (up 10.9% from April)
โ
4,029 active listings (highest in 11 years)
โ
Prices remain stable โ $1.339M benchmark for single-family homes (up just 0.3% year-over-year)
โ
Condos at $551,400 (down 1.9% YoY โ excellent value)
โ
Townhomes up 8.9% in sales โ strong demand, great value
๐ฏ WHAT THIS MEANS FOR MILITARY BUYERS:
If you're relocating to CFB Esquimalt this summer, you're entering one of the most balanced markets Victoria has seen in years:
โ๏ธ More homes to choose from during House Hunting Trips
โ๏ธ Time to compare options (not rushed offers)
โ๏ธ Negotiation leverage (no more bidding wars)
โ๏ธ Stable pricing = easier financial planning
๐ TOP MILITARY RELOCATION MUNICIPALITIES:
๐ Langford & Colwood โ newer builds, strong inventory
๐ Esquimalt & View Royal โ closest to CFB Esquimalt
๐ Saanich East & West โ excellent schools, long-term value
๐ Central Saanich โ ideal for postings to 443 Sqn
This is a rare window where informed buyers can move strategically, not desperately.
๐ Relocating to Victoria? Let's talk about what these numbers mean for your posting timeline.
(250) 812-2042
http://www.russellrealestatevictoria.com
๐ Full analysis: https://russellrealestatevictoria.com/victoria-real-estate-market-update-may-2026-greater-choice-creates-strategic-opportunity-for-military-relocations/