Jubilee residential real estate market — Jun 2026

How much does a house cost in Jubilee?

The median sold price for a house in the Jubilee neighbourhood is $1.12M, up 11.7% from a year ago. The average sold price is $1.21M. That works out to roughly $634 per square foot.

Are houses in Jubilee selling over asking?

38.9% of houses that sold in the Jubilee neighbourhood closed above their list price. The typical home sold at 98.2% of asking — just under list. Among the homes that sold over asking, the median premium was +$15k over asking.

How long do houses take to sell in Jubilee?

Half of the houses that sold in the Jubilee neighbourhood went under contract within about 22 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Jubilee?

Median sold prices in the Jubilee neighbourhood are up 11.7% year over year, at $1.12M. Currently 14.7% of active listings have cut their asking price at least once, a sign of steady pricing pressure.

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

Across the past two years, sales activity in the Jubilee neighbourhood has been strongest in July and quietest in August. 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.

Do houses in Jubilee sell for more than their assessed value?

The typical home in the Jubilee neighbourhood sold at 102.9% 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.