Quadra residential real estate market — Jun 2026

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

As of the latest data, Quadra is a balanced market. There are about 5.5 months of inventory — 4 to 7 months is considered balanced. Around 10.7% of homes sold above asking, and the typical sale closed at 97.5% of list price.

How much does a home cost in Quadra?

The median sold price for a home in the Quadra neighbourhood is $534K, down 5.7% from a year ago. The average sold price is $659K. That works out to roughly $544 per square foot.

Are homes in Quadra selling over asking?

10.7% of homes that sold in the Quadra neighbourhood closed above their list price. The typical home sold at 97.5% of asking — just under list. Among the homes that sold over asking, the median premium was +$21k over asking.

How long do homes take to sell in Quadra?

Half of the homes that sold in the Quadra neighbourhood went under contract within about 29 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Quadra?

Median sold prices in the Quadra neighbourhood are down 5.7% year over year, at $534K. Currently 15.7% 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 Quadra?

It depends which side you are on. With about 5.5 months of inventory, the Quadra neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: homes take about 29 days to sell, so both sides have room to negotiate on price and terms.

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

Across the past two years, sales activity in the Quadra neighbourhood has been strongest in May and quietest in December. 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 Quadra?

As of the latest data there are 55 active home listings in the Quadra neighbourhood. Over the period, 245 new listings came to market and 118 sold, which is about 5.5 months of inventory at the current sales pace.

Do homes in Quadra sell for more than their assessed value?

The typical home in the Quadra neighbourhood sold at 101.1% of its BC-assessed value — about 1% 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.