Question 1

Is Colwood a buyer's or seller's market right now?

Accepted Answer

Colwood is currently a balanced market with 5.1 months of inventory (MOI). There are 148 active listings and approximately 33 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 Colwood?

Accepted Answer

The current median home price in Colwood is $939K. This is up 3.8% compared to the same period last year. This is based on 376 sales over the past 12 months.

Question 3

How should I price my home in Colwood?

Accepted Answer

Homes in Colwood are currently selling at 98.9% 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, 22% sold above list price and 66% sold below.

Question 4

How long do homes take to sell in Colwood?

Accepted Answer

Homes in Colwood 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 Colwood?

Accepted Answer

The median price per square foot in Colwood is $496. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Colwood selling above or below assessed value?

Accepted Answer

Homes in Colwood are selling at an average of 103.0% of their BC Assessment value (based on 57 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 Colwood?

Accepted Answer

In the last 30 days, 33 homes sold in Colwood. Over the past 12 months, 376 properties have sold. There are currently 148 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Colwood?

Accepted Answer

Sales volume in Colwood has been decreasing over the last 3 months: Apr 2026 (28 sales), May 2026 (33 sales), Jun 2026 (8 sales). Over the full 12-month period, there were 376 total sales.

Question 9

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

Accepted Answer

There are currently 148 properties for sale in Colwood, including 70 single family homes, 34 condos, 38 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Colwood?

Accepted Answer

The median single family home price in Colwood is $1.13M (-7.2% year-over-year). The single family market is currently a balanced market with 4.1 months of inventory. Houses take an average of 31 days to sell. The median price per square foot is $456.

Question 11

What is the condo market like in Colwood?

Accepted Answer

The median condo price in Colwood is $584K (-10.0% year-over-year). The condo market is currently a buyer's market with 17 months of inventory. Condos take an average of 56 days to sell. The median price per square foot for condos is $516. There were 53 condo sales in the past 12 months.

Question 12

What is the townhome market like in Colwood?

Accepted Answer

The median townhome price in Colwood is $797K (-12.9% year-over-year). The townhome market is currently a balanced market with 4.2 months of inventory. Townhomes take an average of 44 days to sell. The median price per square foot is $554. There were 102 townhome sales in the past 12 months.

Question 13

What homes have recently sold in Colwood and for how much?

Accepted Answer

There have been 376 homes sold in Colwood over the past 12 months, with 33 selling in the last 30 days. The median sold price is $939K. Recent median sold prices: Apr 2026: $882K, May 2026: $990K, Jun 2026: $884K. View all recently sold properties in Colwood with photos, sold prices, and days on market on the 8X Real Estate Colwood page.

Question 14

What houses have recently sold in Colwood?

Accepted Answer

207 houses have sold in Colwood over the past 12 months, with 19 selling in the last 30 days. The median sold price for houses is $1.13M (-7.2% year-over-year). Recent median prices: Apr 2026: $1.06M, May 2026: $1.14M, Jun 2026: $1.23M.

Question 15

What condos have recently sold in Colwood?

Accepted Answer

53 condos have sold in Colwood over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $584K (-10.0% year-over-year). Recent median prices: Apr 2026: $467K, May 2026: $470K, Jun 2026: $660K.

Question 16

What townhomes have recently sold in Colwood?

Accepted Answer

102 townhomes have sold in Colwood over the past 12 months, with 11 selling in the last 30 days. The median sold price for townhomes is $797K (-12.9% year-over-year). Recent median prices: Apr 2026: $833K, May 2026: $711K, Jun 2026: $744K.

Colwood

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Colwood

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Colwood

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