Billings Spit house market — prices, sold data & trends
trend explorer
How the market moved
interactive 24-mo series
market state
The current Billings Spit snapshot
single family
- Active listings · now
- 2no change 1YSep '25–Aug '26
- Sales · period
- 1Sep '25–Aug '26indicative only
- New listings
- 5Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Median days on market
- 83daysn = 1 sale · Sep '25–Aug '26indicative only
- Sale-to-list ratio
- 94.3%n = 1 sale · Sep '25–Aug '26indicative only
- Over-asking rate
- 0.0%n = 1 sale · Sep '25–Aug '260 of 1 saleindicative only
- Sale-to-assessed
- 109.0%n = 1 sale · Sep '25–Aug '26indicative only
- Months of inventory
- —Sep '25–Aug '26
- Median price
- $2.08Mn = 1 sale · Sep '25–Aug '26indicative only
- Average price
- $2.08Mn = 1 sale · Sep '25–Aug '26indicative only
- Price per sq ft
- $662/sqftn = 1 sale · Sep '25–Aug '26indicative only
- Price reductions
- 19.4%−20.6 pts 1YSep '25–Aug '26
Repliers MLS · BC Assessment · 8X derived · pooled over · figures below 10 sales carry no percentage change
by municipality
Across the region
13 municipalities median single family
median single family · pooled 3 months · Jun 2026 – Aug 2026 · change vs prior 3 months
macro context
The backdrop
always at native resolution
- 5-yr posted mortgageCanada
- 6.09%unch WoWBoC Valet ·
- 5-yr GoC bond yieldCanada
- 3.05%−15 bp WoWBoC Valet ·
- BC CPI · YoYBritish Columbia
- 2.2%coolingStatCan 18-10-0004 ·
- Victoria unemploymentVictoria CMA
- 4.6%+0.2 ptsStatCan LFS 14-10-0459 ·
- Net non-perm. residentsVictoria CMA
- +8,4002025StatCan 17-10-0014 ·
- Victoria CMA populationVictoria CMA
- 432.1K+2.1% YoYStatCan 17-10-0148 ·
The posted rate is an administered benchmark — it prices penalties and stress tests, not mortgages. Real 5-yr fixed money is ~2.0 points cheaper.
victoria lens · The typical detached purchase here — $1M+ with 20% down — prices in the 20% or more down(uninsured) column, and $1M+ files can’t be bulk-insured, so a real quote can land a touch above it. A sub-$1M condo with 20% down can price a touch below it.
| 5-yr fixed | 5-yr variable | |||
|---|---|---|---|---|
| lender | under 20% | 20%+ | under 20% | 20%+ |
| Coast Capital | 4.04 (lowest) | 4.44 (lowest) | 3.79 | 3.94 (lowest) |
| CIBC | 4.59 | 4.94 | 3.95 | 4.10 |
| First National | 4.64 | 4.69 | 3.70 (lowest) | 3.95 |
| Vancity | 4.69 | 4.69 | 3.95 | 3.95 |
| BMO | 4.74 | 4.84 | 4.10 | 4.10 |
| TD | 4.84 | 4.84 | 4.24 | 4.24 |
| RBC | 4.89 | 4.89 | 3.95 | 3.95 |
5-yr fixed with under 20% down runs 4.04 (Coast Capital) to 4.89 (RBC) — 85 bp between banks on the same borrower.
Green = lowest in column. Tracked lenders without a published BC quote today are not shown.
Rates via WOWA.ca · advertised rates from lenders 8X clients can be placed with · captured
From registration to completion
sequential stages · Greater VictoriaStage vintages differ from the MLS figures above and from each other — each stage carries its own as-of date. Source bundle refreshed 12 Aug 2026.
rental market
What it rents for
Victoria CMA asking rents
Asking rents & vacancy (Victoria CMA) · coming soon
Methodology — sources and resolution contract
Full methodology & metric definitionsWhat buyers & sellers ask about the Billings Spit market
Answers update with the market · data as of
How much does a house cost in Billings Spit?
Are houses in Billings Spit selling over asking?
How long do houses take to sell in Billings Spit?
What is the best time of year to sell a home in Billings Spit?
How many houses are for sale in Billings Spit?
Do houses in Billings Spit sell for more than their assessed value?
Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.