Coles Bay Real Estate

Waterfront homes with marina access and ocean panoramas

Coles Bay

North Saanich

Waterfront homes with marina access and ocean panoramas
$1.88M
Median SOLD price
3 month
0
active now
28
avg. day on market
N/A
Yoy median price change
Explore all of
North Saanich

Coles Bay is a small waterfront pocket on the Saanich Inlet side of North Saanich, where ocean panoramas open across the water to the Malahat ridgeline. Coles Bay real estate blends classic West Coast waterfront homes with view properties stepping up the hillside, all within walking distance of Coles Bay Regional Park and a community marina. Boating, paddleboarding, and forest trails define the daily routine. There are 0 homes for sale at a median of $1.78M. Houses move in 22 days, with prices year-over-year. Browse every Coles Bay listing below with sold data and live market stats. Explore the live Coles Bay market dashboard for 24-month price trends, inventory and days-on-market.

Coles Bay

Market Pulse

Live Data
$431
Avg Price per Sqft
Feb–Feb 2026
28
Avg. Days on Market
Feb–Feb 2026
100.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
98.6%
Avg. Sale-to-List Ratio
High demand · Feb–Feb 2026

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 Coles Bay market is moving

Homes in Coles Bay trade at a median of $439 per square foot. Recently, 0% of sales closed above the asking price, with homes averaging 22 days on market. Sale prices have been running near 100% of BC Assessment value.

Questions about

Coles Bay

?

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

778.678.9815
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

Coles Bay

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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.

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questions & answers

Coles Bay real estate FAQ

What is the median home price in Coles Bay?
The current median home price in Coles Bay is $1.78M. This is based on 2 sales over the past 12 months.
How should I price my home in Coles Bay?
Homes in Coles Bay are currently selling at 98.8% of their list price, with an average of 22 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 Coles Bay?
Homes in Coles Bay currently take an average of 22 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Coles Bay?
The median price per square foot in Coles Bay is $439. This metric is useful for comparing value across different property sizes and types.
Are homes in Coles Bay selling above or below assessed value?
Homes in Coles Bay are selling at an average of 100.0% of their BC Assessment value (based on 1 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
Are real estate sales increasing or decreasing in Coles Bay?
Sales volume in Coles Bay has been stable over the last 3 months: Jun 2026 (0 sales), Jul 2026 (0 sales), Aug 2026 (0 sales).
0 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate