Victoria, British Columbia
As of September 26, 2026, the median asking price in Fairfield, Victoria is $699,900, across 523 active MLS® listings.
Those listings have been on the market an average of 61 days.
226 new listings came to market in Fairfield in the last 30 days.
Asking prices work out to about $696 per square foot, based on the 511 listings that report floor area.
Condos in Fairfield are listed at an average of $600,411 across 320 active listings.
Detached homes in Fairfield are listed at an average of $1,475,264 across 94 active listings.
Townhouses in Fairfield are listed at an average of $937,304 across 68 active listings.
Multi-family properties in Fairfield are listed at an average of $2,574,622 across 18 active listings.
Fairfield is a well-established, highly walkable neighbourhood immediately southeast of Downtown Victoria, known for its leafy streets, heritage and character homes, and a mix of low-rise condos and purpose-built rentals. It attracts a blend of professionals, government and healthcare workers, retirees, and students due to its proximity to downtown offices and the Inner Harbour, plus the lifestyle draw of Dallas Road waterfront, Beacon Hill Park (edge), Cook Street Village, and local cafes and shops. The area tends to skew stable and owner-occupied in many pockets, with consistent demand for well-located rentals near amenities and the core.
Key amenities include Cook Street Village retail, Dallas Road beaches and waterfront paths, nearby community services, and quick access to downtown employment. Schools serving the area include Sir James Douglas Elementary and areas feeding toward Victoria High School (catchments can vary). Transit service is frequent along major corridors (e.g., Fairfield Rd/Cook St connections), supporting car-light living. Real estate trends in Fairfield typically reflect a “premium core-adjacent” market: prices are supported by limited land for new supply and enduring desirability, while investors often face tighter cash flow due to high purchase prices and regulatory constraints in BC; as a result, returns tend to rely more on long-term appreciation and low vacancy than on high yields.
Fairfield’s active market currently includes 570 for-sale listings with a median asking price of $694,900 and an average of $699/sqft, giving buyers and investors a clear read on today’s pricing expectations. Homes are averaging 76 days on market so far, suggesting listings are taking time to find the right match, while 177 new listings in the past 30 days point to steady fresh supply and continued choice for purchasers.
AI-written commentary on the active MLS® listing snapshot as of September 11, 2026. Not financial advice.
Walk Score 85 · Transit Score 66 · Bike Score 88
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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