test3
Vancouver Island Home Values in August 2025 give buyers and sellers an important look at how the market is shifting across the region. Each month, local sales and listings data reveal whether conditions are leaning toward sellers, balancing out, or offering more opportunities for buyers. This report highlights the key movements you need to know before making your next move.
Is Vancouver Island in a Buyers’, Sellers’ or Balanced Market?
Find out now in the table below. The Vancouver Island real estate market balance is determined using two main indicators. Sales-to-Active Ratio (SAR) is the percentage of active listings that sell in a month on Vancouver Island, excluding the Greater Victoria area. Months of Inventory (MOI) is the number of months it would take to sell all current listings at the present sales pace.
Sellers’ Market: Homes are selling quickly and sellers have more leverage. Interpreted as SAR ≥ 20% (about one in five or more listings sells) or MOI ≤ 4 (four months of supply or less).
Balanced Market: Supply and demand are roughly even. Interpreted as SAR 12–19% (about one in eight to one in five listings sells) or MOI about 5–6 months of supply.
Buyers’ Market: Buyers have more choice and stronger negotiating power. Interpreted as SAR ≤ 11% (about one in nine or fewer listings sells) or MOI ≥ 7 months of supply. If no sales occur in a category, MOI shows as ∞ (infinite).
When a badge shows an arrow (→), that segment is leaning toward the next category because it sits near a threshold.
| Property Type | Sales | Active | SAR | MOI | Market Type |
|---|---|---|---|---|---|
| Single Family — Not Acreage/Waterfront | 339 | 1,424 | 23.8% | 4.2 | Sellers’ Market |
| Single Family — Acreage | 64 | 467 | 13.7% | 7.3 | Balanced → Buyers’ Market |
| Single Family — Waterfront | 34 | 275 | 12.4% | 8.1 | Balanced → Buyers’ Market |
| Single Family — Combined | 423 | 2,042 | 20.7% | 4.8 | Sellers’ Market |
| Condo Apartment | 74 | 396 | 18.7% | 5.4 | Balanced Market |
| Row/Townhouse | 72 | 355 | 20.3% | 4.9 | Sellers’ Market |
| Half Duplex | 16 | 99 | 16.2% | 6.2 | Balanced Market |
| Full Duplex | 3 | 15 | 20.0% | 5.0 | Balanced → Sellers’ Market |
| Triplex | 0 | 0 | 0.0% | ∞ | Buyers’ Market (no sales) |
| Quadruplex | 1 | 6 | 16.7% | 6.0 | Balanced Market |
| Manufactured Home | 45 | 196 | 23.0% | 4.4 | Sellers’ Market |
| Recreational | 4 | 44 | 9.1% | 11.0 | Buyers’ Market |
| Land | 26 | 664 | 3.9% | 25.5 | Buyers’ Market |
| Other | 0 | 18 | 0.0% | ∞ | Buyers’ Market (no sales) |
| Notes: SAR means Sales divided by Active listings. MOI means Active listings divided by the month’s sales. The symbol ∞ appears when there were no sales in that category for the month. Figures shown are the current-month results for August 2025 and come from the Vancouver Island Real Estate Board (VIREB). | |||||
Market Insights: Vancouver Island in August 2025
Each month brings a different picture of supply and demand across Vancouver Island. Detached homes, acreages, and waterfront properties often move in different directions, while condos and townhomes provide distinct entry points for first-time buyers.
Top 5 Market Takeaways
- Detached non-acreage homes continue to favour sellers with SAR near 24%.
- Waterfront and acreage listings lean towards buyers due to higher MOI.
- Condo apartments show balanced conditions after earlier volatility.
- Recreational and land segments remain in buyers’ territory with limited absorption.
- Overall Island conditions tilt towards sellers but vary by property type.
For broader monthly and yearly trends, explore the Vancouver Island real estate market page.
Compare Island trends with national and provincial reporting via CREA’s Canadian Housing Market Stats ↗ and the BCREA housing-market articles ↗.
Vancouver Island Home Values in August 2025 – FAQ
Does this report include Greater Victoria?
What do SAR and MOI mean in plain language?
Which property types favour sellers or buyers this month?
Why does MOI sometimes show as ∞ (infinite)?
How should buyers and sellers use these readings?
Categories
Thinking About Selling or Buying?
Market conditions change quickly and what looks like a sellers’ market today may balance out in the months ahead. If you are planning to sell your home or purchase a property, having the right data and strategy at the right time is key.
I provide custom Market Movement reports and strategy sessions so you understand exactly where your property stands before making your next move. Connect with me below to get started.
Explore Vancouver Island Regions
From the North Island wilderness to the charm of the Gulf Islands, each region offers unique communities, housing options, and lifestyle experiences. Discover which area best fits your family, retirement plans, or career goals.