Fairfield West residential real estate market — Jun 2026

Is Fairfield West a buyer's or seller's market?

As of the latest data, Fairfield West is a seller's market. There are about 2.7 months of inventory — under 4 months typically favours sellers. Around 10.3% of condos sold above asking, and the typical sale closed at 97.8% of list price.

How much does a condo cost in Fairfield West?

The median sold price for a condo in the Fairfield West neighbourhood is $525K, down 14.6% from a year ago. The average sold price is $530K. That works out to roughly $531 per square foot.

Are condos in Fairfield West selling over asking?

10.3% of condos that sold in the Fairfield West neighbourhood closed above their list price. The typical home sold at 97.8% of asking — just under list. Among the homes that sold over asking, the median premium was +$11.6k over asking.

How long do condos take to sell in Fairfield West?

Half of the condos that sold in the Fairfield West neighbourhood went under contract within about 25 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Fairfield West?

Median sold prices in the Fairfield West neighbourhood are down 14.6% year over year, at $525K. Currently 22.5% 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 Fairfield West?

It depends which side you are on. With about 2.7 months of inventory, the Fairfield West neighbourhood favours sellers. Sellers have leverage, with condos moving in around 25 days and 10.3% 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 Fairfield West?

Across the past two years, sales activity in the Fairfield West neighbourhood has been strongest in April and quietest in January. 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 condos are for sale in Fairfield West?

As of the latest data there are 20 active condo listings in the Fairfield West neighbourhood. Over the period, 132 new listings came to market and 74 sold, which is about 2.7 months of inventory at the current sales pace.

Do condos in Fairfield West sell for more than their assessed value?

The typical home in the Fairfield West neighbourhood sold at 100.0% of its BC-assessed value — right around 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.