INFOGRAPHICS: January 2025 VIREB Vancouver Island Market Reports

POSITIVE START TO 2025 TEMPERED BY UNCERTAINTY

The Vancouver Island Real Estate Board (VIREB) recorded 434 unit sales and 2,988 active listings (all property types) board-wide on the MLS® System in January 2025, up 26 and five per cent, respectively.

In the single-family category (excluding acreage and waterfront), 205 homes sold in January, up 36 per cent from one year ago and down 10 per cent from December. Sales of condo apartments last month came in at 46, the same number as in January 2024 and up five per cent from December. In the row/townhouse category, 43 units changed hands in January, up 10 per cent from one year ago and down 26 per cent from December.

Active listings of single-family homes were 888 last month, up from the 807 posted one year ago. VIREB’s inventory of condo apartments was 293 last month, up from 258 in January 2024. There were 219 row/townhouses for sale in January compared to 282 the previous year.

Read the full report on VIREB website!

The following data is a comparison between January 2025 and January 2024 numbers, and is current as of February of 2025. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.