Is Colwood a buyer's or seller's market right now?
Colwood is currently a balanced market with 4.2 months of inventory (MOI). There are 132 active listings and approximately 34 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.
What is the median home price in Colwood?
The current median home price in Colwood is $935K. This is up 0.4% compared to the same period last year. This is based on 376 sales over the past 12 months.
How should I price my home in Colwood?
Homes in Colwood are currently selling at 97.6% of their list price, with an average of 53 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 23% sold above list price and 67% sold below.
How long do homes take to sell in Colwood?
Homes in Colwood currently take an average of 53 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Colwood?
The median price per square foot in Colwood is $506. This metric is useful for comparing value across different property sizes and types.
Are homes in Colwood selling above or below assessed value?
Homes in Colwood are selling at an average of 102.0% of their BC Assessment value (based on 67 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
How many homes are selling in Colwood?
In the last 30 days, 34 homes sold in Colwood. Over the past 12 months, 376 properties have sold. There are currently 132 active listings on the market.
Are real estate sales increasing or decreasing in Colwood?
Sales volume in Colwood has been decreasing over the last 3 months: May 2026 (33 sales), Jun 2026 (34 sales), Jul 2026 (15 sales). Over the full 12-month period, there were 376 total sales.
How many homes, condos, and townhomes are for sale in Colwood?
There are currently 132 properties for sale in Colwood, including 58 single family homes, 31 condos, 35 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Colwood?
The median single family home price in Colwood is $1.12M (-1.3% year-over-year). The single family market is currently a seller's market with 3.2 months of inventory. Houses take an average of 60 days to sell. The median price per square foot is $456.
What is the condo market like in Colwood?
The median condo price in Colwood is $582K (-9.2% year-over-year). The condo market is currently a buyer's market with 9.3 months of inventory. Condos take an average of 26 days to sell. The median price per square foot for condos is $671. There were 52 condo sales in the past 12 months.
What is the townhome market like in Colwood?
The median townhome price in Colwood is $788K (+3.4% year-over-year). The townhome market is currently a seller's market with 3.9 months of inventory. Townhomes take an average of 52 days to sell. The median price per square foot is $518. There were 99 townhome sales in the past 12 months.
What homes have recently sold in Colwood and for how much?
There have been 376 homes sold in Colwood over the past 12 months, with 34 selling in the last 30 days. The median sold price is $935K. Recent median sold prices: May 2026: $997K, Jun 2026: $912K, Jul 2026: $835K. View all recently sold properties in Colwood with photos, sold prices, and days on market on the 8X Real Estate Colwood page.
What houses have recently sold in Colwood?
209 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 $1.12M (-1.3% year-over-year). Recent median prices: May 2026: $1.21M, Jun 2026: $1.12M, Jul 2026: $1.05M.
What condos have recently sold in Colwood?
52 condos have sold in Colwood over the past 12 months, with 5 selling in the last 30 days. The median sold price for condos is $582K (-9.2% year-over-year). Recent median prices: May 2026: $470K, Jun 2026: $570K, Jul 2026: $678K.
What townhomes have recently sold in Colwood?
99 townhomes have sold in Colwood over the past 12 months, with 9 selling in the last 30 days. The median sold price for townhomes is $788K (+3.4% year-over-year). Recent median prices: May 2026: $723K, Jun 2026: $781K, Jul 2026: $761K.