Rockheights residential real estate market — Jun 2026

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

As of the latest data, Rockheights is a buyer's market. There are about 10.8 months of inventory — over 7 months gives buyers the upper hand. Around 4.8% of homes sold above asking, and the typical sale closed at 98.4% of list price.

How much does a home cost in Rockheights?

The median sold price for a home in the Rockheights neighbourhood is $855K, down 9.0% from a year ago. The average sold price is $858K. That works out to roughly $597 per square foot.

Are homes in Rockheights selling over asking?

4.8% of homes that sold in the Rockheights neighbourhood closed above their list price. The typical home sold at 98.4% of asking — just under list. Among the homes that sold over asking, the median premium was +$22.5k over asking.

How long do homes take to sell in Rockheights?

Half of the homes that sold in the Rockheights neighbourhood went under contract within about 31 days — the median days on market. A longer time on market gives buyers more negotiating room.

Are home prices going up or down in Rockheights?

Median sold prices in the Rockheights neighbourhood are down 9.0% year over year, at $855K. Currently 12.1% 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 Rockheights?

It depends which side you are on. With about 10.8 months of inventory, the Rockheights neighbourhood favours buyers. Buyers have more choice and negotiating room, with homes taking around 31 days to sell — sellers need to price sharply to stand out.

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

Across the past two years, sales activity in the Rockheights neighbourhood has been strongest in June 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 Rockheights?

As of the latest data there are 36 active home listings in the Rockheights neighbourhood. Over the period, 73 new listings came to market and 20 sold, which is about 10.8 months of inventory at the current sales pace.

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

The typical home in the Rockheights neighbourhood sold at 107.5% of its BC-assessed value — about 8% 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.