Market intelligence

See the Saanich market more clearly.

A live view of active inventory, asking-price ranges, property types, and neighbourhood activity.

Current snapshot October 30, 2026 Updated from active listing data
Active listings 555 Currently available
New this week 41 Listed in the last 7 days
Median price $1.1M Median active asking price
Neighbourhoods 124 With active inventory

What the numbers say

The market at a glance

Saanich currently has 555 active residential listings. The median asking price across current inventory is $1.1M. Detached Homes make up the largest property category, with 284 active listings. The largest share of available inventory is currently in the Under $700K price range. Sales represented 20% of new listings in Sep 26. New supply substantially outpaced completed sales, indicating more buyer choice and stronger competition between sellers. The median sold listing spent 28 days on market. Properties sold for 97.3% of asking price on average.

Two years in view

New listings and sales over time

New listings Sales
Saanich monthly active listings and sales 0 100 200 300 400 Oct 24 Jan 25 Apr 25 Jul 25 Oct 25 Jan 26 Apr 26 Jul 26 Sep 26 Oct 24: 214 new listings Oct 24: 134 sales Nov 24: 123 new listings Nov 24: 103 sales Dec 24: 67 new listings Dec 24: 75 sales Jan 25: 182 new listings Jan 25: 81 sales Feb 25: 195 new listings Feb 25: 77 sales Mar 25: 282 new listings Mar 25: 116 sales Apr 25: 307 new listings Apr 25: 149 sales May 25: 359 new listings May 25: 197 sales Jun 25: 289 new listings Jun 25: 162 sales Jul 25: 277 new listings Jul 25: 137 sales Aug 25: 224 new listings Aug 25: 124 sales Sep 25: 282 new listings Sep 25: 113 sales Oct 25: 187 new listings Oct 25: 121 sales Nov 25: 172 new listings Nov 25: 92 sales Dec 25: 79 new listings Dec 25: 73 sales Jan 26: 205 new listings Jan 26: 90 sales Feb 26: 211 new listings Feb 26: 96 sales Mar 26: 295 new listings Mar 26: 127 sales Apr 26: 381 new listings Apr 26: 138 sales May 26: 355 new listings May 26: 183 sales Jun 26: 322 new listings Jun 26: 166 sales Jul 26: 251 new listings Jul 26: 156 sales Aug 26: 216 new listings Aug 26: 120 sales Sep 26: 288 new listings Sep 26: 57 sales

Market pulse · Sep 26

New listings / month 252

4% fewer new listings vs. the same 3-month period last year

Average sales / month 111

11% fewer sales vs. the same 3-month period last year

Sales-to-active ratio10%9.7 months of supply
Buyer's marketBalancedSeller's market

The numbers behind it.

Over the last three months, the market averaged 252 new listings and 111 sales per month. Median days on market averaged 32 days — 4 days slower than the same period last year. Sale-to-list averaged 97.3%, 0.5 percentage points lower than the same period last year.

Faint lines show monthly activity; the stronger lines are six-month averages. Residential and condominium records come from Repliers.

What happened to prices

Median single-family home sold price

24-month change -1.4%
Saanich monthly median single-family home sold price $800K $1M $1.2M $1.4M $1.6M Oct 24 Apr 25 Oct 25 Apr 26 Sep 26 Oct 24: $1.2M median single-family sold price Nov 24: $1.2M median single-family sold price Dec 24: $1.21M median single-family sold price Jan 25: $1.21M median single-family sold price Feb 25: $1.31M median single-family sold price Mar 25: $1.26M median single-family sold price Apr 25: $1.3M median single-family sold price May 25: $1.25M median single-family sold price Jun 25: $1.25M median single-family sold price Jul 25: $1.27M median single-family sold price Aug 25: $1.22M median single-family sold price Sep 25: $1.22M median single-family sold price Oct 25: $1.17M median single-family sold price Nov 25: $1.17M median single-family sold price Dec 25: $1.28M median single-family sold price Jan 26: $1.29M median single-family sold price Feb 26: $1.33M median single-family sold price Mar 26: $1.25M median single-family sold price Apr 26: $1.23M median single-family sold price May 26: $1.26M median single-family sold price Jun 26: $1.16M median single-family sold price Jul 26: $1.24M median single-family sold price Aug 26: $1.3M median single-family sold price Sep 26: $1.1M median single-family sold price

Starting median $1.23M

Latest median $1.21M

Monthly median sold prices for single-family homes can move with the mix of properties sold. A change does not necessarily mean every individual property gained or lost the same amount.

Price distribution

Where current inventory sits

Browse all listings →

Property types

Active listings by property type

Detached Homes: 284 (53%) Condos: 130 (24%) Townhomes: 103 (19%) Lots & Land: 20 (4%) 537 ACTIVE

Across Greater Victoria

Which markets are heating up or slowing down?

The last three months are compared with the same three months a year earlier, using prices, days on market, sale-to-list ratios, and sales relative to new listings.

0 Heating Up 2 Steady 1 Mixed 6 Slowing Down

Momentum describes recent direction, not whether a market is expensive or inexpensive. Median prices can also move when the mix of homes sold changes.

Elsewhere in BC

How other BC markets are moving

The last three months are compared with the same three months a year earlier, using prices, days on market, sale-to-list ratios, and sales relative to new listings.

2 Heating Up 3 Steady 2 Mixed 6 Slowing Down
Nelson Heating Up +6.0% -3 days 96.6% 82% Multiple demand indicators strengthened over the latest three-month period. Tofino Heating Up +13.3% +7 days 95.5% 55% Multiple demand indicators strengthened over the latest three-month period. Duncan Mixed +4.8% -1 days 97.4% 39% The indicators moved in different directions, without one clear market trend. Lantzville Mixed +7.0% -7 days 96.1% 37% The indicators moved in different directions, without one clear market trend. Comox Steady -1.1% -6 days 98.1% 50% Most indicators stayed within a relatively narrow range. Fernie Steady -0.5% +10 days 98.0% 72% Most indicators stayed within a relatively narrow range. Ladysmith Steady -1.8% -4 days 96.8% 33% Most indicators stayed within a relatively narrow range. Campbell River Slowing Down -2.7% -1 days 97.2% 51% Multiple indicators softened, pointing to more buyer choice and slower market pressure. French Creek Slowing Down +4.0% +8 days 96.4% 29% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Nanaimo Slowing Down -2.7% -1 days 97.7% 37% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Port Alberni Slowing Down +0.9% +10 days 96.4% 42% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Parksville Slowing Down -10.4% +5 days 96.1% 41% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Qualicum Beach Slowing Down -10.4% +5 days 96.1% 41% Multiple indicators softened, pointing to more buyer choice and slower market pressure.

Momentum describes recent direction, not whether a market is expensive or inexpensive. Median prices can also move when the mix of homes sold changes.

About this data

A current-inventory view

These figures describe active listing inventory and asking prices. They are not sold-price statistics or a formal market appraisal. Contact a local REALTOR® for advice based on your property, timing, and neighbourhood.

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