Central Park residential real estate market — Jun 2026

Is Central Park a buyer's or seller's market?

As of the latest data, Central Park is a balanced market. There are about 4.5 months of inventory — 4 to 7 months is considered balanced. Around 0.0% of houses sold above asking, and the typical sale closed at 98.3% of list price.

How much does a house cost in Central Park?

The median sold price for a house in the Central Park neighbourhood is $910K. The average sold price is $948K. That works out to roughly $595 per square foot.

Are houses in Central Park selling over asking?

0.0% of houses that sold in the Central Park neighbourhood closed above their list price. The typical home sold at 98.3% of asking — just under list.

How long do houses take to sell in Central Park?

Half of the houses that sold in the Central Park neighbourhood went under contract within about 36 days — the median days on market. A longer time on market gives buyers more negotiating room.

Is now a good time to buy or sell in Central Park?

It depends which side you are on. With about 4.5 months of inventory, the Central Park neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: houses take about 36 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 Central Park?

Across the past two years, sales activity in the Central Park neighbourhood has been strongest in April and quietest in November. 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 houses are for sale in Central Park?

As of the latest data there are 3 active house listings in the Central Park neighbourhood. Over the period, 6 new listings came to market and 4 sold, which is about 4.5 months of inventory at the current sales pace.

Do houses in Central Park sell for more than their assessed value?

The typical home in the Central Park neighbourhood sold at 87.4% 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.