Queenswood residential real estate market — Jun 2026

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

As of the latest data, Queenswood is a buyer's market. There are about 8.0 months of inventory — over 7 months gives buyers the upper hand. Around 18.2% of homes sold above asking, and the typical sale closed at 97.3% of list price.

How much does a home cost in Queenswood?

The median sold price for a home in the Queenswood neighbourhood is $1.93M. The average sold price is $2.43M. That works out to roughly $737 per square foot.

Are homes in Queenswood selling over asking?

18.2% of homes that sold in the Queenswood neighbourhood closed above their list price. The typical home sold at 97.3% of asking — just under list. Among the homes that sold over asking, the median premium was +$20.5k over asking.

How long do homes take to sell in Queenswood?

Half of the homes that sold in the Queenswood neighbourhood went under contract within about 35 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 Queenswood?

It depends which side you are on. With about 8.0 months of inventory, the Queenswood neighbourhood favours buyers. Buyers have more choice and negotiating room, with homes taking around 35 days to sell — sellers need to price sharply to stand out.

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

Across the past two years, sales activity in the Queenswood 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 Queenswood?

As of the latest data there are 8 active home listings in the Queenswood neighbourhood. Over the period, 31 new listings came to market and 10 sold, which is about 8.0 months of inventory at the current sales pace.

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

The typical home in the Queenswood neighbourhood sold at 100.8% 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.