Billings Spit Real Estate

Quiet harbour-side community near the Sooke Basin

Billings Spit

Sooke

Quiet harbour-side community near the Sooke Basin
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Median SOLD price
3 month
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active listings
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avg. day on market
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Yoy median price change
Explore all of
Sooke

Billings Spit is a quiet harbour-side community wrapped around the sheltered waters of the Sooke Basin, with a tight pocket of homes facing the spit itself. Billings Spit real estate ranges from waterfront cottages and updated bungalows to a handful of newer custom homes. Residents in Sooke walk to the long sandy spit and beach, watch boats slip in and out of the harbour, and reach the Sooke village core in just a few minutes. The Galloping Goose Trail and the wide-open views toward East Sooke Park are part of daily life. There are 2 homes for sale at a median of $2.08M. Houses move in 83 days, with prices year-over-year. Browse every Billings Spit listing below with sold data and live market stats. Explore the live Billings Spit market dashboard for 24-month price trends, inventory and days-on-market.

Billings Spit

Market Pulse

Live Data
Avg Price per Sqft
Avg. Days on Market
Avg. Sale-to-Assessed Ratio
Avg. Sale-to-List Ratio

Months of Inventory (MOI)

The time it would take to sell all current listings at the current sales pace. Responsive to filters.

— MOI
Seller's (< 4) Balanced (4-6) Buyer's (> 6)
Current Status
From live data
Sales Volume 12 months
22 Sales · Apr 2025
Monthly Sales Trend
12-month rolling · Updated live
22 Sales · Apr 2025
Median Sale Price 12 months
$1.2M Median · Apr 2025
Median Price Trend
12-month rolling · Updated live
$1.2M Median · Apr 2025
market analysis

How the Billings Spit market is moving

Median sold prices in Billings Spit are up 5.3% compared with a year ago, and homes trade at a median of $466 per square foot. By property type, Billings Spit sees single-family homes around $2.08M, condos around $400K, townhomes around $482K. Recently, 0% of sales closed above the asking price, with homes averaging 57 days on market. Sale prices have been running near 103% of BC Assessment value. Sales activity tends to peak around January and is quietest around July, a useful signal for timing a purchase or sale.

Questions about

Billings Spit

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Get the inside scoop on off-market listings and upcoming inventory from our local specialist.

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DUSTIN MILLER
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on the market

Active Listings

Browse current properties for sale in this municipality

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

transaction history

Recently Sold in

Billings Spit

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

by property type

Billings Spit homes by type

Billings Spit Houses for Sale

2 for sale
median $2.08M

Billings Spit houses sold prices & stats →

Billings Spit Condos for Sale

3 for sale
median $400K

Billings Spit condos sold prices & stats →

Billings Spit Townhomes for Sale

1 for sale
median $482K

Billings Spit townhomes sold prices & stats →
listings

Billings Spit homes for sale & sold prices

The 10 most recent home sales in Billings Spit had a median sold price of $468,500. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

7 homes for sale in Billings Spit
10 recent sales in Billings Spit
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More Sooke neighbourhoods

All Sooke homes for sale →
questions & answers

Billings Spit real estate FAQ

Is Billings Spit a buyer's or seller's market right now?
Billings Spit is currently a balanced market with 4.5 months of inventory (MOI). There are 6 active listings and approximately — 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 Billings Spit?
The current median home price in Billings Spit is $487K. This is up 5.3% compared to the same period last year. This is based on 17 sales over the past 12 months.
How should I price my home in Billings Spit?
Homes in Billings Spit are currently selling at 97.1% of their list price, with an average of 57 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale.
How long do homes take to sell in Billings Spit?
Homes in Billings Spit currently take an average of 57 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 Billings Spit?
The median price per square foot in Billings Spit is $466. This metric is useful for comparing value across different property sizes and types.
Are homes in Billings Spit selling above or below assessed value?
Homes in Billings Spit are selling at an average of 103.0% of their BC Assessment value (based on 3 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.
Are real estate sales increasing or decreasing in Billings Spit?
Sales volume in Billings Spit has been decreasing over the last 3 months: Apr 2026 (2 sales), May 2026 (2 sales), Jun 2026 (0 sales). Over the full 12-month period, there were 17 total sales.
How many homes, condos, and townhomes are for sale in Billings Spit?
There are currently 6 properties for sale in Billings Spit, including 2 single family homes, 3 condos, 1 townhomes. Listings are updated daily from the MLS® system.
6 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate