Tillicum residential real estate market — Jun 2026

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

As of the latest data, Tillicum is a balanced market. There are about 5.0 months of inventory — 4 to 7 months is considered balanced. Around 12.5% of homes sold above asking, and the typical sale closed at 97.9% of list price.

How much does a home cost in Tillicum?

The median sold price for a home in the Tillicum neighbourhood is $887K, up 23.1% from a year ago. The average sold price is $842K. That works out to roughly $535 per square foot.

Are homes in Tillicum selling over asking?

12.5% of homes that sold in the Tillicum neighbourhood closed above their list price. The typical home sold at 97.9% of asking — just under list. Among the homes that sold over asking, the median premium was +$11k over asking.

How long do homes take to sell in Tillicum?

Half of the homes that sold in the Tillicum neighbourhood went under contract within about 29 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Tillicum?

Median sold prices in the Tillicum neighbourhood are up 23.1% year over year, at $887K. Currently 17.6% 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 Tillicum?

It depends which side you are on. With about 5.0 months of inventory, the Tillicum neighbourhood is roughly balanced between buyers and sellers. Conditions are even-handed: homes take about 29 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 Tillicum?

Across the past two years, sales activity in the Tillicum neighbourhood has been strongest in March 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 homes are for sale in Tillicum?

As of the latest data there are 33 active home listings in the Tillicum neighbourhood. Over the period, 134 new listings came to market and 71 sold, which is about 5.0 months of inventory at the current sales pace.

Do homes in Tillicum sell for more than their assessed value?

The typical home in the Tillicum neighbourhood sold at 102.9% of its BC-assessed value — about 3% 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.