Saxe Point residential real estate market — Jun 2026

How much does a home cost in Saxe Point?

The median sold price for a home in the Saxe Point neighbourhood is $940K, up 18.6% from a year ago. The average sold price is $969K. That works out to roughly $653 per square foot.

Are homes in Saxe Point selling over asking?

26.2% of homes that sold in the Saxe Point neighbourhood closed above their list price. The typical home sold at 99.7% of asking. Among the homes that sold over asking, the median premium was +$40k over asking.

How long do homes take to sell in Saxe Point?

Half of the homes that sold in the Saxe Point neighbourhood went under contract within about 21 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Saxe Point?

Median sold prices in the Saxe Point neighbourhood are up 18.6% year over year, at $940K. Currently 14.9% of active listings have cut their asking price at least once, a sign of steady pricing pressure.

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

Across the past two years, sales activity in the Saxe Point neighbourhood has been strongest in March and quietest in November. 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.

Do homes in Saxe Point sell for more than their assessed value?

The typical home in the Saxe Point neighbourhood sold at 107.0% of its BC-assessed value — about 7% 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.