INFOGRAPHICS: November 2025 VIREB Vancouver Island Market Reports

CONTINUED STABILITY REFLECTS CONFIDENCE IN HOUSING MARKET

The Vancouver Island Real Estate Board (VIREB) recorded 513 unit sales (all property types) in November 2025, down eight per cent from one year ago. Year-over-year active listings (all property types) were 3,646, up five per cent from the previous year.

In the single-family category (excluding acreage and waterfront), 259 homes sold in November, down one per cent from one year ago and 18 per cent from October. Sales of condo apartments last month came in at 50, a decrease of 19 per cent year over year and a drop of 28 per cent from October. In the row/townhouse category, 53 units changed hands in November, down 29 per cent from one year ago and 32 per cent from October.

Active listings of single-family homes were 1,121 last month compared to 1,105 in November 2024. VIREB’s inventory of condo apartments was 346 in November, down from the 314 listings posted one year ago. There were 310 row/townhouses for sale last month compared to 257 in November 2024.

“VIREB’s housing market remains relatively stable, with sales sitting just below the ten-year average and conditions at the high end of balanced territory,” says VIREB CEO Jason Yochim. “Although sales of single-family homes, condo apartments, and row/townhouses dipped in November, that’s typical for this time of year as buyers and sellers slow down for the holidays.”

Read the full report on VIREB website!

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

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

Download Printable Version – November 2025 VIREB Market Report

Last Updated on December 3, 2025 by myRealPage