Question 1

Is Metchosin Neighbourhood a buyer's or seller's market right now?

Accepted Answer

Metchosin Neighbourhood is currently a seller's market with 2 months of inventory (MOI). There are 4 active listings and approximately 3 sales in the last 30 days, indicating low inventory favouring sellers. 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 Metchosin Neighbourhood?

Accepted Answer

The current median home price in Metchosin Neighbourhood is $1.37M. This is up 2.7% compared to the same period last year. This is based on 27 sales over the past 12 months.

Question 3

How should I price my home in Metchosin Neighbourhood?

Accepted Answer

Homes in Metchosin Neighbourhood are currently selling at 97.1% of their list price, with an average of 44 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 26% sold above list price and 59% sold below.

Question 4

How long do homes take to sell in Metchosin Neighbourhood?

Accepted Answer

Homes in Metchosin Neighbourhood currently take an average of 44 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Metchosin Neighbourhood?

Accepted Answer

The median price per square foot in Metchosin Neighbourhood is $516. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Metchosin Neighbourhood selling above or below assessed value?

Accepted Answer

Homes in Metchosin Neighbourhood are selling at an average of 101.0% of their BC Assessment value (based on 5 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.

Question 7

How many homes are selling in Metchosin Neighbourhood?

Accepted Answer

In the last 30 days, 3 homes sold in Metchosin Neighbourhood. Over the past 12 months, 27 properties have sold. There are currently 4 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Metchosin Neighbourhood?

Accepted Answer

Sales volume in Metchosin Neighbourhood has been increasing over the last 3 months: Mar 2026 (1 sales), Apr 2026 (2 sales), May 2026 (3 sales). Over the full 12-month period, there were 27 total sales.

Question 9

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

Accepted Answer

There are currently 4 properties for sale in Metchosin Neighbourhood, including 4 single family homes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Metchosin Neighbourhood?

Accepted Answer

The median single family home price in Metchosin Neighbourhood is $1.37M (+2.7% year-over-year). The single family market is currently a seller's market with 2 months of inventory. Houses take an average of 44 days to sell. The median price per square foot is $516.

Question 11

What homes have recently sold in Metchosin Neighbourhood and for how much?

Accepted Answer

There have been 27 homes sold in Metchosin Neighbourhood over the past 12 months, with 3 selling in the last 30 days. The median sold price is $1.37M. Recent median sold prices: Mar 2026: $855K, Apr 2026: $1.39M, May 2026: $1.35M. View all recently sold properties in Metchosin Neighbourhood with photos, sold prices, and days on market on the 8X Real Estate Metchosin Neighbourhood page.

Question 12

What houses have recently sold in Metchosin Neighbourhood?

Accepted Answer

27 houses have sold in Metchosin Neighbourhood over the past 12 months, with 3 selling in the last 30 days. The median sold price for houses is $1.37M (+2.7% year-over-year). Recent median prices: Mar 2026: $855K, Apr 2026: $1.39M, May 2026: $1.35M.

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Recently Sold in Metchosin Neighbourhood — Sold Prices