Gonzales house market — prices, sold data & trends
single family · data as of
Live
trend explorer
How the market moved
interactive 24-mo series
market state
The current Gonzales snapshot
single family
- Active listings · now
- 13+8.3% 1YSep '25–Aug '26
- Sales · period
- 7Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- New listings
- 33+13.8% 1YSep '25–Aug '26
- Median days on market
- 30daysn = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Sale-to-list ratio
- 96.1%n = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Over-asking rate
- 16.7%n = 6 sales · Sep '25–Aug '26n = 6 — too few for a % change1 of 6 salesmedian +$2k over askingthin sample · n under 10
- Sale-to-assessed
- 98.9%n = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Months of inventory
- 19.5mon = 3 sales · Sep '25–Aug '26n = 3 — too few for a % changeindicative only
- Median price
- $1.97Mn = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Average price
- $2.19Mn = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Price per sq ft
- $700/sqftn = 6 sales · Sep '25–Aug '26n = 6 — too few for a % changethin sample · n under 10
- Price reductions
- 17.8%+0.8 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
Oak Bay$1.6M-8.9%Metchosin$1.6M+11.6%North Saanich$1.6M+6.1%Central Saanich$1.24M-3.7%Highlands$1.24M-2.5%Victoria$1.2M+8.8%Saanich$1.2M-3.8%View Royal$1.15M+5.4%Esquimalt$1.14M+0.2%Colwood$1.05M-7.7%Sidney$1.03M+2.8%Langford$1.03M-0.3%Sooke$856K+0.2%
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
- 3.41%+11 bp WoWBoC Valet ·
- BC CPI · YoYBritish Columbia
- 2.9%YoY · 2026-07StatCan 18-10-0004 ·
- Victoria unemploymentVictoria CMA
- 5.3%+0.3 pts MoMStatCan LFS 14-10-0459 ·
- Net non-perm. residentsVictoria CMA
- −1,2222024StatCan 17-10-0014 ·
- Victoria CMA populationVictoria CMA
- 445.1K+0.7% YoYStatCan 17-10-0148 ·
Mortgage money · BC · 5-yr termweekly capture · not live
Posted vs street · what buyers actually payBritish Columbia
4.04%
street 5-yr fixed · Coast Capital
−2.05 pts vs posted
6.09%
BoC posted · administered
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.
5-yr fixed · best of 7 lenders
Less than 20% down· insured
4.04%
best today · Coast Capital
20% or more down· uninsured
4.44%
best today · Coast Capital
5-yr variable · best of 7 lenders
Less than 20% down· insured
3.70%
best today · First National
20% or more down· uninsured
3.94%
best today · Coast Capital
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.
Who quotes what · by lender7 of 10 tracked lenders quote BC today
| 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.
Weekly track · 20%+ down · 5-yrfixedvariable
4.443.94
Rates via WOWA.ca · advertised rates from lenders 8X clients can be placed with · captured
Supply pipeline
From registration to completion
sequential stages · Greater VictoriaRegistrations
no data feed
—
BC Housing new-home registrations — no machine-readable feed
Permits
BC Stats · CMA
979 /12 mo
units over the trailing 12 months (flow)
Starts
CMHC SCSS · CMA
61 /mo
units in the month (flow), June 2026
Under construction
CMHC SCSS · CMA
8,951 standing
units standing (stock), June 2026
Completions
CMHC SCSS · CMA
204 /mo
units in the month (flow), June 2026
Stage 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 definitionscommon questions
What buyers & sellers ask about the Gonzales market
Answers update with the market · data as of
Is Gonzales a buyer's or seller's market?
As of the latest data, Gonzales is a buyer's market. There are about 19.5 months of inventory — over 7 months gives buyers the upper hand. Around 16.7% of houses sold above asking, and the typical sale closed at 96.1% of list price. Note this is based on only 6 sales in the period, below the 10-sale minimum 8X uses before publishing a rate of change, so treat it as indicative.
How much does a house cost in Gonzales?
The median sold price for a house in the Gonzales neighbourhood is $1.97M. The average sold price is $2.19M. That works out to roughly $700 per square foot. Note this is based on only 6 sales in the period, below the 10-sale minimum 8X uses before publishing a rate of change, so treat it as indicative.
Are houses in Gonzales selling over asking?
16.7% of houses that sold in the Gonzales neighbourhood closed above their list price. The typical home sold at 96.1% of asking — just under list. Among the homes that sold over asking, the median premium was +$2k over asking.
How long do houses take to sell in Gonzales?
Half of the houses that sold in the Gonzales neighbourhood went under contract within about 30 days — the median days on market. That is a moderate pace.
Is now a good time to buy or sell in Gonzales?
It depends which side you are on. With about 19.5 months of inventory, the Gonzales neighbourhood favours buyers. Buyers have more choice and negotiating room, with houses taking around 30 days to sell — sellers need to price sharply to stand out.
What is the best time of year to sell a home in Gonzales?
Across the past two years, sales activity in the Gonzales neighbourhood has been strongest in August 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 houses are for sale in Gonzales?
As of the latest data there are 13 active house listings in the Gonzales neighbourhood. Over the period, 33 new listings came to market and 6 sold, which is about 19.5 months of inventory at the current sales pace.
Do houses in Gonzales sell for more than their assessed value?
The typical home in the Gonzales neighbourhood sold at 98.9% 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.