Victoria Place Weekly Market Update: 2 New Listings | Week Ending November 1, 2026

This week shows a building with active movement, but not a broad surge in closings. Two new listings came to market, including a penthouse, while one condo is under contract as of November 2, 2026. That tells me buyers still have choices, but well-positioned condos can move when they stand out on floor level, finish, or pricing. For anyone tracking this building, the active inventory remains important because it sets the competitive field for the next buyer decision.

A condo going under contract after 5 days can be a sign that the pricing and presentation were acceptable to the market at that moment. I would not read more into it than that, because one result does not define the building. Still, it does matter for owners of similar larger units because it gives a real example of how a three-bedroom condo can be received. If you are thinking about selling, that kind of result can be useful when weighing timing and list position.

The penthouse stands out because it is being marketed as a highly customized residence rather than a standard offering. At $3,880,000, it sits above the building's median active asking price of $2,329,000, which means buyers will likely compare it against the quality of the finishes, the views, and the penthouse setting rather than against ordinary units. The monthly fee is also a real part of the decision. For some buyers, the level of finish may justify the premium; for others, it will narrow the pool considerably.

I would be careful about labeling it too broadly from one week of activity. What I can say is that there are 14 active condos and 1 under contract as of November 2, 2026, so buyers still have inventory to compare. That can make pricing discipline important for sellers, especially when a condo is not materially different from others in the building. At the same time, the quick under-contract move on one larger unit shows that the right condo can still attract attention fast.

Owners should focus on how their condo fits into the current inventory rather than assuming the building will carry the sale on its own. In this week's market, the strongest signals are the active count, the under-contract condo, and the fact that a highly finished penthouse is asking a premium. That means condition, floor position, and pricing strategy all matter. If a condo offers a clearer value story than the competing listings, it may be better placed to attract a serious buyer.