Cedar Hill residential real estate market — Jun 2026

Is Cedar Hill a buyer's or seller's market?

As of the latest data, Cedar Hill is a balanced market. There are about 4.4 months of inventory — 4 to 7 months is considered balanced. Around 17.0% of homes sold above asking, and the typical sale closed at 97.4% of list price.

How much does a home cost in Cedar Hill?

The median sold price for a home in the Cedar Hill neighbourhood is $936K, down 3.5% from a year ago. The average sold price is $958K. That works out to roughly $529 per square foot.

Are homes in Cedar Hill selling over asking?

17.0% of homes that sold in the Cedar Hill neighbourhood closed above their list price. The typical home sold at 97.4% of asking — just under list. Among the homes that sold over asking, the median premium was +$12.3k over asking.

How long do homes take to sell in Cedar Hill?

Half of the homes that sold in the Cedar Hill neighbourhood went under contract within about 29 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Cedar Hill?

Median sold prices in the Cedar Hill neighbourhood are down 3.5% year over year, at $936K. Currently 15.1% of active listings have cut their asking price at least once, a sign of steady pricing pressure.

Is now a good time to buy or sell in Cedar Hill?

It depends which side you are on. With about 4.4 months of inventory, the Cedar Hill neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: homes take about 29 days to sell, so both sides have room to negotiate on price and terms.

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

Across the past two years, sales activity in the Cedar Hill 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 Cedar Hill?

As of the latest data there are 48 active home listings in the Cedar Hill neighbourhood. Over the period, 198 new listings came to market and 102 sold, which is about 4.4 months of inventory at the current sales pace.

Do homes in Cedar Hill sell for more than their assessed value?

The typical home in the Cedar Hill neighbourhood sold at 103.2% of its BC-assessed value — about 3% 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.