Saseenos house market — prices, sold data & trends

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

As of the latest data, Saseenos is a buyer's market. There are about 9.0 months of inventory — over 7 months gives buyers the upper hand. Around 0.0% of houses sold above asking, and the typical sale closed at 96.6% of list price.

How much does a house cost in Saseenos?

The median sold price for a house in the Saseenos neighbourhood is $1.24M. The average sold price is $1.4M. That works out to roughly $343 per square foot.

Are houses in Saseenos selling over asking?

0.0% of houses that sold in the Saseenos neighbourhood closed above their list price. The typical home sold at 96.6% of asking — just under list.

How long do houses take to sell in Saseenos?

Half of the houses that sold in the Saseenos neighbourhood went under contract within about 59 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 Saseenos?

It depends which side you are on. With about 9.0 months of inventory, the Saseenos neighbourhood favours buyers. Buyers have more choice and negotiating room, with houses taking around 59 days to sell — sellers need to price sharply to stand out.

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

Across the past two years, sales activity in the Saseenos neighbourhood has been strongest in January 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 houses are for sale in Saseenos?

As of the latest data there are 6 active house listings in the Saseenos neighbourhood. Over the period, 44 new listings came to market and 7 sold, which is about 9.0 months of inventory at the current sales pace.

Do houses in Saseenos sell for more than their assessed value?

The typical home in the Saseenos 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.