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I have sold a property at 12 551 Bezanton Way in Colwood

I have sold a property at 12 551 Bezanton Way in Colwood on Apr 27, 2026. See details here

Act Now! Location – Location – Location! Discover Madrona Creek - Where Luxury Living Meets Peace Of Mind In One Of The Area’s Most Coveted Gated Communities With No Age Restrictions. Steps From Royal Bay, This Exclusive Enclave Is Walking Distance To Red Barn, Quality Foods, And Popular Restaurants, With Westshore Mall Just 5 Minutes Away And Downtown Victoria Only A 25-Minute Drive. The Community Features Lush Gardens, Sparkling Ponds, And A Soothing Fountain, All Impeccably Maintained By A Proactive Strata. This 3-Bedroom, 3-Bath Townhome Offers A Bright, Spacious Layout With A Main-Floor Primary Suite And Ensuite, Plus Two Generous Bedrooms And A Versatile Loft Upstairs. The Gourmet Kitchen Showcases Granite Countertops, A Centre Island, And Stainless Steel Appliances. Open-Concept Living Extends To A Fully Fenced Backyard With Private Gazebo. Complete With Double Garage, A/C, And A Pet-Friendly Setting, This Home Delivers Comfort, Style, And Convenience.

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Victoria Real Estate Market Update - March 2026

The Victoria real estate market is showing signs of a typical spring rebound, with activity picking up compared to February while remaining slightly below last year’s pace.

A total of 579 properties sold in March 2026, representing a 5.5% decrease year-over-year, but a notable 24.5% increase from February—a clear sign that the spring market is gaining momentum.

By property type:

  • Single-family homes: 285 sales (down 2.4% year-over-year)

  • Condos: 164 sales (down 18.8%)

  • Townhomes: 88 sales (up 11.4%)

Inventory is also on the rise, with 3,261 active listings at the end of March—up 12.3% from February and 7.9% compared to last year. This increase in supply is creating more balanced conditions, giving both buyers and sellers the space to make thoughtful, well-informed decisions.

Home prices remain relatively stable:

  • Single-family homes benchmark price: $1,330,200 (down 1.1% year-over-year)

  • Condos benchmark price: $553,800 (down 0.8% year-over-year)

Overall, the market is transitioning into a more balanced phase. With steady demand and rising inventory, we are entering a window where strategy—not urgency—creates the best results.

Your Next Move, Thoughtfully Executed

In a market like this, results don’t happen by chance—they come from clarity, timing, and the right strategy.

Whether you’re considering selling, exploring opportunities, or simply want a clearer understanding of your position, we’re here to guide you with care and deliver results that align with your goals.

Connect with Mark and Dana for a private consultation.

Your next move deserves a plan built to perform.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.