Beaver Lake residential real estate market — Jun 2026

Is Beaver Lake a buyer's or seller's market?

As of the latest data, Beaver Lake is a seller's market. There are about 1.5 months of inventory — under 4 months typically favours sellers. Around 33.3% of homes sold above asking, and the typical sale closed at 94.9% of list price.

How much does a home cost in Beaver Lake?

The median sold price for a home in the Beaver Lake neighbourhood is $1.23M. The average sold price is $1.33M. That works out to roughly $632 per square foot.

Are homes in Beaver Lake selling over asking?

33.3% of homes that sold in the Beaver Lake neighbourhood closed above their list price. The typical home sold at 94.9% of asking — just under list. Among the homes that sold over asking, the median premium was +$59.5k over asking.

How long do homes take to sell in Beaver Lake?

Half of the homes that sold in the Beaver Lake neighbourhood went under contract within about 19 days — the median days on market. That is a moderate pace.

Is now a good time to buy or sell in Beaver Lake?

It depends which side you are on. With about 1.5 months of inventory, the Beaver Lake neighbourhood favours sellers. Sellers have leverage, with homes moving in around 19 days and 33.3% selling over asking — buyers should be ready to act quickly and expect competition.

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

Across the past two years, sales activity in the Beaver Lake neighbourhood has been strongest in May and quietest in December. 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 homes are for sale in Beaver Lake?

As of the latest data there are 1 active home listings in the Beaver Lake neighbourhood. Over the period, 3 new listings came to market and 5 sold, which is about 1.5 months of inventory at the current sales pace.

Do homes in Beaver Lake sell for more than their assessed value?

The typical home in the Beaver Lake neighbourhood sold at 90.7% of its BC-assessed value — below its assessed value. 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.