Olympic View residential real estate market — Jun 2026

Is Olympic View a buyer's or seller's market?

As of the latest data, Olympic View is a buyer's market. There are about 18.0 months of inventory — over 7 months gives buyers the upper hand. Around 0.0% of homes sold above asking, and the typical sale closed at 98.1% of list price.

How much does a home cost in Olympic View?

The median sold price for a home in the Olympic View neighbourhood is $991K, down 25.7% from a year ago. The average sold price is $1.13M. That works out to roughly $508 per square foot.

Are homes in Olympic View selling over asking?

0.0% of homes that sold in the Olympic View neighbourhood closed above their list price. The typical home sold at 98.1% of asking — just under list.

How long do homes take to sell in Olympic View?

Half of the homes that sold in the Olympic View neighbourhood went under contract within about 69 days — the median days on market. A longer time on market gives buyers more negotiating room.

Are home prices going up or down in Olympic View?

Median sold prices in the Olympic View neighbourhood are down 25.7% year over year, at $991K. Currently 13.5% 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 Olympic View?

It depends which side you are on. With about 18.0 months of inventory, the Olympic View neighbourhood favours buyers. Buyers have more choice and negotiating room, with homes taking around 69 days to sell — sellers need to price sharply to stand out.

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

Across the past two years, sales activity in the Olympic View neighbourhood has been strongest in February 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 Olympic View?

As of the latest data there are 6 active home listings in the Olympic View neighbourhood. Over the period, 29 new listings came to market and 14 sold, which is about 18.0 months of inventory at the current sales pace.

Do homes in Olympic View sell for more than their assessed value?

The typical home in the Olympic View neighbourhood sold at 99.0% 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.