Olympic View condo market — prices, sold data & trends

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

As of the latest data, Olympic View is a seller's market. There are about 0.0 months of inventory — under 4 months typically favours sellers. Around 0.0% of condos sold above asking, and the typical sale closed at 97.6% of list price.

How much does a condo cost in Olympic View?

The median sold price for a condo in the Olympic View neighbourhood is $630K. The average sold price is $630K. That works out to roughly $477 per square foot.

Are condos in Olympic View selling over asking?

0.0% of condos that sold in the Olympic View neighbourhood closed above their list price. The typical home sold at 97.6% of asking — just under list.

How long do condos take to sell in Olympic View?

Half of the condos that sold in the Olympic View neighbourhood went under contract within about 43 days — the median days on market. A longer time on market gives buyers more negotiating room.

Is now a good time to buy or sell in Olympic View?

It depends which side you are on. With about 0.0 months of inventory, the Olympic View neighbourhood favours sellers. Sellers have leverage, with condos moving in around 43 days and 0.0% 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 Olympic View?

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 condos are for sale in Olympic View?

As of the latest data there are 0 active condo listings in the Olympic View neighbourhood. Over the period, 1 new listings came to market and 3 sold, which is about 0.0 months of inventory at the current sales pace.

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

The typical home in the Olympic View neighbourhood sold at 92.6% 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.