Ten Mile Point residential real estate market — Jun 2026

Is Ten Mile Point a buyer's or seller's market?

As of the latest data, Ten Mile Point is a balanced market. There are about 4.2 months of inventory — 4 to 7 months is considered balanced. Around 8.1% of homes sold above asking, and the typical sale closed at 96.5% of list price.

How much does a home cost in Ten Mile Point?

The median sold price for a home in the Ten Mile Point neighbourhood is $1.96M, down 5.1% from a year ago. The average sold price is $2.41M. That works out to roughly $665 per square foot.

Are homes in Ten Mile Point selling over asking?

8.1% of homes that sold in the Ten Mile Point neighbourhood closed above their list price. The typical home sold at 96.5% of asking — just under list. Among the homes that sold over asking, the median premium was +$30k over asking.

How long do homes take to sell in Ten Mile Point?

Half of the homes that sold in the Ten Mile Point neighbourhood went under contract within about 25 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Ten Mile Point?

Median sold prices in the Ten Mile Point neighbourhood are down 5.1% year over year, at $1.96M. Currently 20.6% 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 Ten Mile Point?

It depends which side you are on. With about 4.2 months of inventory, the Ten Mile Point neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: homes take about 25 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 Ten Mile Point?

Across the past two years, sales activity in the Ten Mile Point neighbourhood has been strongest in January 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.

How many homes are for sale in Ten Mile Point?

As of the latest data there are 14 active home listings in the Ten Mile Point neighbourhood. Over the period, 82 new listings came to market and 37 sold, which is about 4.2 months of inventory at the current sales pace.

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

The typical home in the Ten Mile Point neighbourhood sold at 102.4% 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.