Pedder Bay residential real estate market — Jun 2026

Is Pedder Bay a buyer's or seller's market?

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

How much does a home cost in Pedder Bay?

The median sold price for a home in the Pedder Bay neighbourhood is $2.25M. The average sold price is $2.25M. That works out to roughly $1,048 per square foot.

Are homes in Pedder Bay selling over asking?

0.0% of homes that sold in the Pedder Bay neighbourhood closed above their list price. The typical home sold at 100.0% of asking.

How long do homes take to sell in Pedder Bay?

Half of the homes that sold in the Pedder Bay neighbourhood went under contract within about 99 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 Pedder Bay?

It depends which side you are on. With about 0.0 months of inventory, the Pedder Bay neighbourhood favours sellers. Sellers have leverage, with homes moving in around 99 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 Pedder Bay?

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 Pedder Bay?

As of the latest data there are 0 active home listings in the Pedder Bay 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 homes in Pedder Bay sell for more than their assessed value?

The typical home in the Pedder Bay neighbourhood sold at 114.4% of its BC-assessed value — about 14% 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.