Six Mile residential real estate market — Jun 2026

Is Six Mile a buyer's or seller's market?

As of the latest data, Six Mile is a balanced market. There are about 5.4 months of inventory — 4 to 7 months is considered balanced. Around 13.5% of homes sold above asking, and the typical sale closed at 97.8% of list price.

How much does a home cost in Six Mile?

The median sold price for a home in the Six Mile neighbourhood is $697K, down 16.0% from a year ago. The average sold price is $828K. That works out to roughly $556 per square foot.

Are homes in Six Mile selling over asking?

13.5% of homes that sold in the Six Mile neighbourhood closed above their list price. The typical home sold at 97.8% of asking — just under list. Among the homes that sold over asking, the median premium was +$15.1k over asking.

How long do homes take to sell in Six Mile?

Half of the homes that sold in the Six Mile neighbourhood went under contract within about 32 days — the median days on market. A longer time on market gives buyers more negotiating room.

Are home prices going up or down in Six Mile?

Median sold prices in the Six Mile neighbourhood are down 16.0% year over year, at $697K. Currently 18.6% 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 Six Mile?

It depends which side you are on. With about 5.4 months of inventory, the Six Mile neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: homes take about 32 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 Six Mile?

Across the past two years, sales activity in the Six Mile neighbourhood has been strongest in March and quietest in May. 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 Six Mile?

As of the latest data there are 25 active home listings in the Six Mile neighbourhood. Over the period, 121 new listings came to market and 52 sold, which is about 5.4 months of inventory at the current sales pace.

Do homes in Six Mile sell for more than their assessed value?

The typical home in the Six Mile neighbourhood sold at 101.7% of its BC-assessed value — about 2% 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.