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April 2026 Market Update                                      Navigating the Peak Spring Season

We’ve now entered the busiest time of the real estate calendar, with May and June typically representing the peak of spring activity. While this year’s market hasn’t quite reached the pace we saw in 2025, it continues to offer a balanced and opportunity-rich environment for both buyers and sellers.

With more inventory available and steady buyer activity, success in today’s market comes down to strategy, timing, and pricing.


📊 April Snapshot – Victoria Real Estate Board Region

643 properties sold in April
• ⬆️ 0.2% increase over April 2025
• ⬆️ 11.1% increase from March
3,710 active listings
• ⬆️ 13.8% more inventory than March
• ⬆️ 8.3% more than last year

Overall, the market remains balanced — market: not too hot, not too cold, with solid opportunities on both sides.


💰 Average Sale Prices – April 2026

🏡 Single-Family Homes: $1,361,015
🏘️ Townhomes: $822,166
🏢 Condos: $644,220

Prices remain relatively stable, even as inventory grows — reinforcing the importance of proper pricing in today’s market.


🏠 A Closer Look at the Market

🏡 Single-Family Homes

Sales increased from March, following typical spring momentum, though still slightly below last year’s levels. Inventory and days on market are beginning to stabilize, which may temporarily tilt conditions slightly in favor of sellers.

💡 This spring window could be an opportunity for sellers to act before the summer slowdown.


🏢 Condos

The condo market saw a modest increase in sales in April, but activity remains significantly lower than last year. Inventory continues to rise, and homes are taking longer to sell — pointing to a pricing gap between buyers and sellers.

💡 Strategic pricing will be key to unlocking movement in this segment.


🏘️ Townhomes

Townhomes are seeing increased inventory, including new construction, and slightly softer sales compared to last year. As a smaller segment, results can fluctuate more, but demand remains steady for well-priced homes.

💡 With continued development of “missing middle” housing, buyers can expect more choice in this category moving forward.


⚖️ Risks & Opportunities

For Buyers:
✔️ Spring brings the highest inventory of the year
✔️ More motivated sellers entering the market
✔️ Stable interest rates allow for better planning
✔️ Opportunity to secure well-priced homes before competition increases

For Sellers:
✔️ Maximum exposure during peak spring months
✔️ Pricing correctly is critical in a competitive environment
✔️ The first 2–3 weeks on market are key
❗ Properties not receiving offers early may need quick price adjustments

📊 Data consistently shows that most successful sales happen within the first 21 days — after that, the likelihood of selling drops significantly.


🌷 Looking Ahead

April confirms we are in a healthy, balanced spring market, with strong inventory, steady demand, and a wide range of options for buyers at different price points.

However, timing matters. Buyer activity typically begins to taper off heading into mid-summer, making this current window one of the most important periods of the year for both buyers and sellers.


📞 Let’s Build Your Strategy

Whether you’re looking to take advantage of peak spring conditions, secure a well-priced home, or understand how your property fits into today’s market — having the right strategy makes all the difference.

📞 250-893-9185
📧 KellyG@ComeSellWithMe.ca

I’ll also include a link below to view full market stats and graphs for a deeper dive.

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