Keating real estate market — prices, sold data & trends

Is Keating a buyer's or seller's market?

As of the latest data, Keating is a seller's market. There are about 3.0 months of inventory — under 4 months typically favours sellers. Around 11.1% of homes sold above asking, and the typical sale closed at 98.2% of list price.

How much does a home cost in Keating?

The median sold price for a home in the Keating neighbourhood is $1.1M. The average sold price is $1.16M. That works out to roughly $527 per square foot.

Are homes in Keating selling over asking?

11.1% of homes that sold in the Keating 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 homes take to sell in Keating?

Half of the homes that sold in the Keating neighbourhood went under contract within about 19 days — the median days on market. That is a moderate pace.

Is now a good time to buy or sell in Keating?

It depends which side you are on. With about 3.0 months of inventory, the Keating neighbourhood favours sellers. Sellers have leverage, with homes moving in around 19 days and 11.1% 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 Keating?

Across the past two years, sales activity in the Keating neighbourhood has been strongest in May and quietest in October. 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 Keating?

As of the latest data there are 3 active home listings in the Keating neighbourhood. Over the period, 18 new listings came to market and 9 sold, which is about 3.0 months of inventory at the current sales pace.

Do homes in Keating sell for more than their assessed value?

The typical home in the Keating neighbourhood sold at 103.4% 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.