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Portage Inlet Real Estate

Waterfront properties overlooking the scenic Portage Inlet

Portage Inlet

Saanich

Waterfront properties overlooking the scenic Portage Inlet
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Median price
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active listings
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avg. day on market
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Yoy median price change
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Portage Inlet wraps around the scenic tidal inlet that empties into the Gorge Waterway, giving the neighbourhood a steady supply of waterfront homes and views. Portage Inlet real estate includes character homes, executive waterfront builds, and a few newer infill properties near Cuthbert Holmes Park and the Galloping Goose Trail in Saanich. Birdwatching, paddling, and quick access to the Trans-Canada define daily life. There are 1 homes for sale at a median of $1.37M. Detached homes sell in 41 days, with prices +19.0% year-over-year. Browse every Portage Inlet listing below with sold data and live market stats. Explore the live Portage Inlet market dashboard for 24-month price trends, inventory and days-on-market.

Portage Inlet

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
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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 Portage Inlet market is moving

Median sold prices in Portage Inlet are up 19.0% compared with a year ago, and homes trade at a median of $617 per square foot. Recently, 6% of sales closed above the asking price, with homes averaging 41 days on market. Sale prices have been running near 97% of BC Assessment value. Sales activity tends to peak around May and is quietest around January, a useful signal for timing a purchase or sale.

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Portage Inlet

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on the market

Active Listings

Browse current properties for sale in this municipality

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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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Recently Sold in

Portage Inlet

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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

Portage Inlet homes by type

Portage Inlet Houses for Sale

1 for sale
median $1.37M · +19.0% YoY

Portage Inlet houses sold prices & stats →
listings

Portage Inlet homes for sale & sold prices

The 10 most recent home sales in Portage Inlet had a median sold price of $1,400,000. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

1 homes for sale in Portage Inlet
10 recent sales in Portage Inlet
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All Saanich homes for sale →
questions & answers

Portage Inlet real estate FAQ

Is Portage Inlet a buyer's or seller's market right now?
Portage Inlet is currently a seller's market with 1 months of inventory (MOI). There are 1 active listings and approximately 2 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.
What is the median home price in Portage Inlet?
The current median home price in Portage Inlet is $1.37M. This is up 19.0% compared to the same period last year. This is based on 16 sales over the past 12 months.
How should I price my home in Portage Inlet?
Homes in Portage Inlet are currently selling at 95.4% of their list price, with an average of 41 days on market. Homes are selling below asking price, typical of a buyer's market. Pricing competitively from the start is important to avoid extended time on market. Of recent sales, 6% sold above list price and 88% sold below.
How long do homes take to sell in Portage Inlet?
Homes in Portage Inlet currently take an average of 41 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 Portage Inlet?
The median price per square foot in Portage Inlet is $617. This metric is useful for comparing value across different property sizes and types.
Are homes in Portage Inlet selling above or below assessed value?
Homes in Portage Inlet are selling at an average of 97.0% of their BC Assessment value (based on 4 recent sales). Homes are selling below their BC Assessment values, which can occur in a softening market or when assessments haven't been adjusted down.
How many homes are selling in Portage Inlet?
In the last 30 days, 2 homes sold in Portage Inlet. Over the past 12 months, 16 properties have sold. There are currently 1 active listings on the market.
Are real estate sales increasing or decreasing in Portage Inlet?
Sales volume in Portage Inlet has been increasing over the last 3 months: Mar 2026 (0 sales), Apr 2026 (1 sales), May 2026 (2 sales). Over the full 12-month period, there were 16 total sales.
How many homes, condos, and townhomes are for sale in Portage Inlet?
There are currently 1 properties for sale in Portage Inlet, including 1 single family homes. Listings are updated daily from the MLS® system.
What is the single family home market like in Portage Inlet?
The median single family home price in Portage Inlet is $1.37M (+19.0% year-over-year). The single family market is currently a seller's market with 1 months of inventory. Houses take an average of 41 days to sell. The median price per square foot is $617.
What homes have recently sold in Portage Inlet and for how much?
There have been 16 homes sold in Portage Inlet over the past 12 months, with 2 selling in the last 30 days. The median sold price is $1.37M. Recent median sold prices: Apr 2026: $1.05M, May 2026: $1.46M. View all recently sold properties in Portage Inlet with photos, sold prices, and days on market on the 8X Real Estate Portage Inlet page.
What houses have recently sold in Portage Inlet?
16 houses have sold in Portage Inlet over the past 12 months, with 2 selling in the last 30 days. The median sold price for houses is $1.37M (+19.0% year-over-year). Recent median prices: Apr 2026: $1.05M, May 2026: $1.46M.
1 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate
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