Esquimalt residential real estate market — Jun 2026

Is Esquimalt a buyer's or seller's market?

As of the latest data, Esquimalt is a buyer's market. There are about 15.0 months of inventory — over 7 months gives buyers the upper hand. Around 16.7% of townhomes sold above asking, and the typical sale closed at 98.2% of list price.

How much does a townhome cost in Esquimalt?

The median sold price for a townhome in Esquimalt is $745K. The average sold price is $780K. That works out to roughly $536 per square foot.

Are townhomes in Esquimalt selling over asking?

16.7% of townhomes that sold in Esquimalt closed above their list price. The typical home sold at 98.2% of asking — just under list. Among the homes that sold over asking, the median premium was +$18.6k over asking.

How long do townhomes take to sell in Esquimalt?

Half of the townhomes that sold in Esquimalt went under contract within about 24 days — the median days on market. That is a moderate pace.

Is now a good time to buy or sell in Esquimalt?

It depends which side you are on. With about 15.0 months of inventory, Esquimalt favours buyers. Buyers have more choice and negotiating room, with townhomes taking around 24 days to sell — sellers need to price sharply to stand out.

What is the best time of year to sell a home in Esquimalt?

Across the past two years, sales activity in Esquimalt has been strongest in October and quietest in July. In Greater Victoria the spring market — roughly March through June — is typically the busiest selling season, when buyer demand and prices tend to peak, with activity easing over the winter.

How many townhomes are for sale in Esquimalt?

As of the latest data there are 15 active townhome listings in Esquimalt. Over the period, 26 new listings came to market and 6 sold, which is about 15.0 months of inventory at the current sales pace.

Do townhomes in Esquimalt sell for more than their assessed value?

The typical home in Esquimalt sold at 103.7% of its BC-assessed value — about 4% above its BC Assessment. Assessments are set once a year and lag the market, so a ratio above 100% is common when prices are rising.

Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.