Victoria VE, Vancouver Market Report – March 2024

Victoria is a well-established East Vancouver neighbourhood anchored by the busy Victoria Drive commercial corridor, offering residents a practical and affordable urban lifestyle within the City of Vancouver. The neighbourhood's real estate consists primarily of older detached homes, duplexes, and low-rise apartment buildings that appeal to first-time buyers, families, and investors seeking income properties within the city. Victoria Drive's eclectic mix of Filipino restaurants, Vietnamese phở houses, grocery stores, and small businesses reflects the neighbourhood's rich multicultural character. Bus routes along Victoria Drive and 41st Avenue provide connections to the Commercial-Broadway and Main Street-Science World SkyTrain stations. Collingwood Neighbourhood House and several parks and schools serve the area's strong community. Victoria VE offers some of Vancouver's best value for buyers seeking entry-level detached or duplex properties within the city, making it a consistent focus for first-time buyers and investors.

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15
Units Sold
$1,124,133
Avg Sold Price
13d
Avg Days on Market
Buyer's Market
Market Condition
533 active at start of month 23 new listings Absorption rate: 2.8% Highest sold: $2,070,000 Lowest sold: $504,000

How Does March 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2024 (this report) 15 $1,124,133 13d
February 2024 month prior 10 +50% $1,462,233 -23.1% 19d -31.6%
March 2023 year ago 12 +25% $1,398,175 -19.6%

3-Year Price Trend — Victoria VE, Vancouver

The Victoria VE, Vancouver real estate market was a Buyer's Market in March 2024, with 533 active listings at the start of the month, 15 properties sold, an average sold price of $1,124,133, properties averaging 13 days on market, an absorption rate of 2.8%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Victoria VE, Vancouver specialist
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Frequently Asked Questions — Victoria VE, Vancouver Market

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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