Condos for sale in Victoria have become a significant cornerstone of the local real estate market, with these listings making up an impressive 62.9% of the current market composition. The average condo on the MLS® is valued at approximately $667,037. In Victoria, single detached homes make up about one third of the buildings, while the rest are mainly small apartment buildings and duplexes. Home sizes vary widely, from cozy lofts to spacious four-bedroom properties. The ownership rate in the city hovers around 60%, with the rest of the inhabitants opting for rental arrangements. A substantial portion of the existing homes in Victoria were constructed during the 1960s and 1970s, with the other significant periods of development being before 1960 and during the 1980s.