Olympic View house market — prices, sold data & trends
single family · data as of
Live
trend explorer
How the market moved
interactive 24-mo series
market state
The current Olympic View snapshot
single family
- Active listings · now
- 1−1 from 2 1YSep '25–Aug '26
- Sales · period
- 5Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- New listings
- 12−55.6% 1YSep '25–Aug '26
- Median days on market
- 44daysn = 5 sales · Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Sale-to-list ratio
- 97.8%n = 5 sales · Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Over-asking rate
- 0.0%n = 5 sales · Sep '25–Aug '26n = 5 — too few for a % change0 of 5 salesthin sample · n under 10
- Sale-to-assessed
- 97.9%n = 4 sales · Sep '25–Aug '26n = 4 — too few for a % changeindicative only
- Months of inventory
- 1.5mon = 2 sales · Sep '25–Aug '26n = 2 — too few for a % changeindicative only
- Median price
- $1.65Mn = 5 sales · Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Average price
- $1.69Mn = 5 sales · Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Price per sq ft
- $508/sqftn = 5 sales · Sep '25–Aug '26n = 5 — too few for a % changethin sample · n under 10
- Price reductions
- 25.7%+7.9 pts 1YSep '25–Aug '26
Repliers MLS · BC Assessment · 8X derived · pooled over · figures below 10 sales carry no percentage change
by municipality
Across the region
13 municipalities median single family
Oak Bay$1.6M-8.9%Metchosin$1.6M+11.6%North Saanich$1.6M+6.1%Central Saanich$1.24M-3.7%Highlands$1.24M-2.5%Victoria$1.2M+8.8%Saanich$1.2M-3.8%View Royal$1.15M+5.4%Esquimalt$1.14M+0.2%Colwood$1.05M-7.7%Sidney$1.03M+2.8%Langford$1.03M-0.3%Sooke$856K+0.2%
median single family · pooled 3 months · Jun 2026 – Aug 2026 · change vs prior 3 months
macro context
The backdrop
always at native resolution
- 5-yr posted mortgageCanada
- 6.09%unch WoWBoC Valet ·
- 5-yr GoC bond yieldCanada
- 3.42%+16 bp WoWBoC Valet ·
- BC CPI · YoYBritish Columbia
- 2.2%coolingStatCan 18-10-0004 ·
- Victoria unemploymentVictoria CMA
- 4.6%+0.2 ptsStatCan LFS 14-10-0459 ·
- Net non-perm. residentsVictoria CMA
- +8,4002025StatCan 17-10-0014 ·
- Victoria CMA populationVictoria CMA
- 432.1K+2.1% YoYStatCan 17-10-0148 ·
Mortgage money · BC · 5-yr termweekly capture · not live
Posted vs street · what buyers actually payBritish Columbia
4.04%
street 5-yr fixed · Coast Capital
−2.05 pts vs posted
6.09%
BoC posted · administered
The posted rate is an administered benchmark — it prices penalties and stress tests, not mortgages. Real 5-yr fixed money is ~2.0 points cheaper.
5-yr fixed · best of 7 lenders
Less than 20% down· insured
4.04%
best today · Coast Capital
20% or more down· uninsured
4.44%
best today · Coast Capital
5-yr variable · best of 7 lenders
Less than 20% down· insured
3.70%
best today · First National
20% or more down· uninsured
3.94%
best today · Coast Capital
victoria lens · The typical detached purchase here — $1M+ with 20% down — prices in the 20% or more down(uninsured) column, and $1M+ files can’t be bulk-insured, so a real quote can land a touch above it. A sub-$1M condo with 20% down can price a touch below it.
Who quotes what · by lender7 of 10 tracked lenders quote BC today
| 5-yr fixed | 5-yr variable | |||
|---|---|---|---|---|
| lender | under 20% | 20%+ | under 20% | 20%+ |
| Coast Capital | 4.04 (lowest) | 4.44 (lowest) | 3.79 | 3.94 (lowest) |
| CIBC | 4.59 | 4.94 | 3.95 | 4.10 |
| Vancity | 4.59 | 4.69 | 3.95 | 3.95 |
| First National | 4.64 | 4.69 | 3.70 (lowest) | 3.95 |
| BMO | 4.74 | 4.84 | 4.10 | 4.10 |
| TD | 4.84 | 4.84 | 4.24 | 4.24 |
| RBC | 4.89 | 4.89 | 3.95 | 3.95 |
5-yr fixed with under 20% down runs 4.04 (Coast Capital) to 4.89 (RBC) — 85 bp between banks on the same borrower.
Green = lowest in column. Tracked lenders without a published BC quote today are not shown.
Weekly track · 20%+ down · 5-yrfixedvariable
4.443.94
Rates via WOWA.ca · advertised rates from lenders 8X clients can be placed with · captured
Supply pipeline
From registration to completion
sequential stages · Greater VictoriaRegistrations
no data feed
—
BC Housing new-home registrations — no machine-readable feed
Permits
BC Stats · CMA
979 /12 mo
units over the trailing 12 months (flow)
Starts
CMHC SCSS · CMA
61 /mo
units in the month (flow), June 2026
Under construction
CMHC SCSS · CMA
8,951 standing
units standing (stock), June 2026
Completions
CMHC SCSS · CMA
204 /mo
units in the month (flow), June 2026
Stage vintages differ from the MLS figures above and from each other — each stage carries its own as-of date. Source bundle refreshed 12 Aug 2026.
rental market
What it rents for
Victoria CMA asking rents
Asking rents & vacancy (Victoria CMA) · coming soon
Methodology — sources and resolution contract
Full methodology & metric definitionscommon questions
What buyers & sellers ask about the Olympic View market
Answers update with the market · data as of
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 1.5 months of inventory — under 4 months typically favours sellers. Around 0.0% of houses sold above asking, and the typical sale closed at 97.8% of list price. Note this is based on only 5 sales in the period, below the 10-sale minimum 8X uses before publishing a rate of change, so treat it as indicative.
How much does a house cost in Olympic View?
The median sold price for a house in the Olympic View neighbourhood is $1.65M. The average sold price is $1.69M. That works out to roughly $508 per square foot. Note this is based on only 5 sales in the period, below the 10-sale minimum 8X uses before publishing a rate of change, so treat it as indicative.
Are houses in Olympic View selling over asking?
0.0% of houses that sold in the Olympic View neighbourhood closed above their list price. The typical home sold at 97.8% of asking — just under list.
How long do houses take to sell in Olympic View?
Half of the houses that sold in the Olympic View neighbourhood went under contract within about 44 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 1.5 months of inventory, the Olympic View neighbourhood favours sellers. Sellers have leverage, with houses moving in around 44 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?
Across the past two years, sales activity in the Olympic View neighbourhood has been strongest in February and quietest in November. 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 houses are for sale in Olympic View?
As of the latest data there are 1 active house listings in the Olympic View neighbourhood. Over the period, 12 new listings came to market and 5 sold, which is about 1.5 months of inventory at the current sales pace.
Do houses in Olympic View sell for more than their assessed value?
The typical home in the Olympic View neighbourhood sold at 97.9% 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.