Lagoon residential real estate market — Jun 2026

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

As of the latest data, Lagoon is a seller's market. There are about 0.0 months of inventory — under 4 months typically favours sellers. Around 100.0% of townhomes sold above asking, and the typical sale closed at 104.8% of list price.

How much does a townhome cost in Lagoon?

The median sold price for a townhome in the Lagoon neighbourhood is $1.13M. The average sold price is $1.13M. That works out to roughly $487 per square foot.

Are townhomes in Lagoon selling over asking?

100.0% of townhomes that sold in the Lagoon neighbourhood closed above their list price. The typical home sold at 104.8% of asking — above list. Among the homes that sold over asking, the median premium was +$52k over asking.

How long do townhomes take to sell in Lagoon?

Half of the townhomes that sold in the Lagoon neighbourhood went under contract within about 12 days — the median days on market. That is a fast pace that points to strong demand and limited room to negotiate.

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

It depends which side you are on. With about 0.0 months of inventory, the Lagoon neighbourhood favours sellers. Sellers have leverage, with townhomes moving in around 12 days and 100.0% 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 Lagoon?

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 townhomes are for sale in Lagoon?

As of the latest data there are 0 active townhome listings in the Lagoon neighbourhood. Over the period, 0 new listings came to market and 1 sold, which is about 0.0 months of inventory at the current sales pace.

Do townhomes in Lagoon sell for more than their assessed value?

The typical home in the Lagoon neighbourhood sold at 118.2% of its BC-assessed value — about 18% 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.