A total of 465 properties sold in the Victoria Real Estate Board region this February, which is 11.9% fewer than the 528 properties sold in February 2025 but 37.2% more than in January 2026. Sales of condos decreased by 19.8% from February 2025 with 154 units sold. Sales of single family homes decreased by 12% from February 2025 with only 206 sold.There were 2,903 active listings for sale on the Victoria Real Estate Board at the end of February 2026, an increase of 10.6% compared to the previous month of January and a 10.4% increase from the 2,630 active listings for sale at the end of February 2025.February's sales definitely picked up the pace compared with sales from the previous month. Though our sales numbers are lower than they were in 2025, with an over 35% increase month over month, and a very healthy amount of inventory currently available, it will be interesting to see how our spring market unfolds in the upcoming months. Last month I reported how the market rested on the threshold between balanced and a buyer's market, over the course of February, more activity led to increased sales which has helped to balance market conditions. When the market is in balance, it means excellent opportunities exist for buyers and sellers. If you've been waiting for the spring to start your home sale or search, now is a great time to connect with your REALTOR® to start planning.