West Coast Rd real estate market — prices, sold data & trends

Is West Coast Rd a buyer's or seller's market?

As of the latest data, West Coast Rd is a buyer's market. There are about 24.0 months of inventory — over 7 months gives buyers the upper hand. Around 0.0% of homes sold above asking, and the typical sale closed at 92.3% of list price.

How much does a home cost in West Coast Rd?

The median sold price for a home in the West Coast Rd neighbourhood is $775K. The average sold price is $949K. That works out to roughly $471 per square foot.

Are homes in West Coast Rd selling over asking?

0.0% of homes that sold in the West Coast Rd neighbourhood closed above their list price. The typical home sold at 92.3% of asking — just under list.

How long do homes take to sell in West Coast Rd?

Half of the homes that sold in the West Coast Rd neighbourhood went under contract within about 62 days — the median days on market. A longer time on market gives buyers more negotiating room.

Is now a good time to buy or sell in West Coast Rd?

It depends which side you are on. With about 24.0 months of inventory, the West Coast Rd neighbourhood favours buyers. Buyers have more choice and negotiating room, with homes taking around 62 days to sell — sellers need to price sharply to stand out.

What is the best time of year to sell a home in West Coast Rd?

Across the past two years, sales activity in the West Coast Rd neighbourhood has been strongest in January 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 West Coast Rd?

As of the latest data there are 8 active home listings in the West Coast Rd neighbourhood. Over the period, 24 new listings came to market and 9 sold, which is about 24.0 months of inventory at the current sales pace.

Do homes in West Coast Rd sell for more than their assessed value?

The typical home in the West Coast Rd neighbourhood sold at 87.3% of its BC-assessed value — below 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.