Question 1

Is Central Saanich a buyer's or seller's market right now?

Accepted Answer

Central Saanich is currently a balanced market with 4.3 months of inventory (MOI). There are 107 active listings and approximately 26 sales in the last 30 days, indicating stable conditions with moderate inventory. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.

Question 2

What is the median home price in Central Saanich?

Accepted Answer

The current median home price in Central Saanich is $1.09M. This is up 1.3% compared to the same period last year. This is based on 300 sales over the past 12 months.

Question 3

How should I price my home in Central Saanich?

Accepted Answer

Homes in Central Saanich are currently selling at 97.1% of their list price, with an average of 37 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 13% sold above list price and 75% sold below.

Question 4

How long do homes take to sell in Central Saanich?

Accepted Answer

Homes in Central Saanich currently take an average of 37 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Central Saanich?

Accepted Answer

The median price per square foot in Central Saanich is $595. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Central Saanich selling above or below assessed value?

Accepted Answer

Homes in Central Saanich are selling at an average of 105.0% of their BC Assessment value (based on 54 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.

Question 7

How many homes are selling in Central Saanich?

Accepted Answer

In the last 30 days, 26 homes sold in Central Saanich. Over the past 12 months, 300 properties have sold. There are currently 107 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Central Saanich?

Accepted Answer

Sales volume in Central Saanich has been decreasing over the last 3 months: Apr 2026 (26 sales), May 2026 (26 sales), Jun 2026 (6 sales). Over the full 12-month period, there were 300 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Central Saanich?

Accepted Answer

There are currently 107 properties for sale in Central Saanich, including 59 single family homes, 34 condos, 12 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Central Saanich?

Accepted Answer

The median single family home price in Central Saanich is $1.22M (-1.6% year-over-year). The single family market is currently a seller's market with 3.3 months of inventory. Houses take an average of 36 days to sell. The median price per square foot is $594.

Question 11

What is the condo market like in Central Saanich?

Accepted Answer

The median condo price in Central Saanich is $598K (-10.3% year-over-year). The condo market is currently a buyer's market with 17 months of inventory. Condos take an average of 45 days to sell. The median price per square foot for condos is $666. There were 46 condo sales in the past 12 months.

Question 12

What is the townhome market like in Central Saanich?

Accepted Answer

The median townhome price in Central Saanich is $771K (+4.8% year-over-year). The townhome market is currently a seller's market with 2.6 months of inventory. Townhomes take an average of 46 days to sell. The median price per square foot is $577. There were 53 townhome sales in the past 12 months.

Question 13

What homes have recently sold in Central Saanich and for how much?

Accepted Answer

There have been 300 homes sold in Central Saanich over the past 12 months, with 26 selling in the last 30 days. The median sold price is $1.09M. Recent median sold prices: Apr 2026: $1.15M, May 2026: $1.13M, Jun 2026: $1.16M. View all recently sold properties in Central Saanich with photos, sold prices, and days on market on the 8X Real Estate Central Saanich page.

Question 14

What houses have recently sold in Central Saanich?

Accepted Answer

196 houses have sold in Central Saanich over the past 12 months, with 20 selling in the last 30 days. The median sold price for houses is $1.22M (-1.6% year-over-year). Recent median prices: Apr 2026: $1.40M, May 2026: $1.21M, Jun 2026: $1.24M.

Question 15

What condos have recently sold in Central Saanich?

Accepted Answer

46 condos have sold in Central Saanich over the past 12 months, with 2 selling in the last 30 days. The median sold price for condos is $598K (-10.3% year-over-year). Recent median prices: Apr 2026: $629K, May 2026: $613K, Jun 2026: $530K.

Question 16

What townhomes have recently sold in Central Saanich?

Accepted Answer

53 townhomes have sold in Central Saanich over the past 12 months, with 3 selling in the last 30 days. The median sold price for townhomes is $771K (+4.8% year-over-year). Recent median prices: Mar 2026: $781K, Apr 2026: $744K, May 2026: $760K.

Central Saanich

Market Pulse

Months of Inventory (MOI)

Questions about

Central Saanich

?

Active Listings

Recently Sold in

Central Saanich

Homes for Sale in Central Saanich

Recently Sold in Central Saanich