Strawberry Vale residential real estate market — Jun 2026

Is Strawberry Vale a buyer's or seller's market?

As of the latest data, Strawberry Vale is a seller's market. There are about 2.3 months of inventory — under 4 months typically favours sellers. Around 6.7% of homes sold above asking, and the typical sale closed at 97.6% of list price.

How much does a home cost in Strawberry Vale?

The median sold price for a home in the Strawberry Vale neighbourhood is $1.08M, down 0.8% from a year ago. The average sold price is $1.14M. That works out to roughly $512 per square foot.

Are homes in Strawberry Vale selling over asking?

6.7% of homes that sold in the Strawberry Vale neighbourhood closed above their list price. The typical home sold at 97.6% of asking — just under list. Among the homes that sold over asking, the median premium was +$7.6k over asking.

How long do homes take to sell in Strawberry Vale?

Half of the homes that sold in the Strawberry Vale neighbourhood went under contract within about 36 days — the median days on market. A longer time on market gives buyers more negotiating room.

Are home prices going up or down in Strawberry Vale?

Median sold prices in the Strawberry Vale neighbourhood are down 0.8% year over year, at $1.08M. Currently 13.1% 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 Strawberry Vale?

It depends which side you are on. With about 2.3 months of inventory, the Strawberry Vale neighbourhood favours sellers. Sellers have leverage, with homes moving in around 36 days and 6.7% selling over asking — buyers should be ready to act quickly and expect competition.

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

Across the past two years, sales activity in the Strawberry Vale neighbourhood has been strongest in May and quietest in January. 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 Strawberry Vale?

As of the latest data there are 10 active home listings in the Strawberry Vale neighbourhood. Over the period, 54 new listings came to market and 30 sold, which is about 2.3 months of inventory at the current sales pace.

Do homes in Strawberry Vale sell for more than their assessed value?

The typical home in the Strawberry Vale neighbourhood sold at 99.7% of its BC-assessed value — right around its assessed value. 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.