Prior Lake Real Estate

Tucked-away homes on a peaceful lake setting near Thetis Lake

Prior Lake

View Royal

Tucked-away homes on a peaceful lake setting near Thetis Lake
$894K
Median SOLD price
3 month
1
active now
21
avg. day on market
N/A
Yoy median price change
Explore all of
View Royal

Prior Lake is a tucked-away View Royal pocket where homes sit on quiet, treed lots within walking distance of Thetis Lake Regional Park. Prior Lake real estate includes mid-century ranchers, updated character homes, and a handful of newer infill builds on larger lots. The trails of Thetis Lake, the Galloping Goose, and proximity to Eagle Creek Village give the area a rural-feeling lifestyle in View Royal. There are 1 homes for sale at a median of $1.24M. Houses sell in 43 days, with prices year-over-year. Browse every Prior Lake listing below with sold data and live market stats. Explore the live Prior Lake market dashboard for 24-month price trends, inventory and days-on-market.

Prior Lake

Market Pulse

Live Data
$514
Avg Price per Sqft
Feb–Apr 2026
21
Avg. Days on Market
Feb–Apr 2026
101.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
95.5%
Avg. Sale-to-List Ratio
Below list · Feb–Apr 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 Prior Lake market is moving

Homes in Prior Lake trade at a median of $516 per square foot. By property type, Prior Lake sees single-family homes around $1.24M, townhomes around $885K. Recently, 17% of sales closed above the asking price, with homes averaging 38 days on market. Sale prices have been running near 101% of BC Assessment value. Sales activity tends to peak around October and is quietest around September, a useful signal for timing a purchase or sale.

Questions about

Prior Lake

?

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

Prior Lake

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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

Prior Lake homes by type

Prior Lake Houses for Sale

1 for sale
median $1.24M

Prior Lake houses sold prices & stats →
listings

Prior Lake homes for sale

1 homes for sale in Prior Lake
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More View Royal neighbourhoods

All View Royal homes for sale →
questions & answers

Prior Lake real estate FAQ

What is the median home price in Prior Lake?
The current median home price in Prior Lake is $915K. This is based on 29 sales over the past 12 months.
How should I price my home in Prior Lake?
Homes in Prior Lake are currently selling at 98.0% of their list price, with an average of 38 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 17% sold above list price and 66% sold below.
How long do homes take to sell in Prior Lake?
Homes in Prior Lake currently take an average of 38 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 Prior Lake?
The median price per square foot in Prior Lake is $516. This metric is useful for comparing value across different property sizes and types.
Are homes in Prior Lake selling above or below assessed value?
Homes in Prior Lake are selling at an average of 101.0% 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 Prior Lake?
Sales volume in Prior Lake has been stable over the last 3 months: Jun 2026 (0 sales), Jul 2026 (0 sales), Aug 2026 (0 sales). Over the full 12-month period, there were 29 total sales.
How many homes, condos, and townhomes are for sale in Prior Lake?
There are currently 1 properties for sale in Prior Lake, including 1 single family homes. Listings are updated daily from the MLS® system.
What is the single family home market like in Prior Lake?
The median single family home price in Prior Lake is $1.24M. The single family market is currently a seller's market with 1.5 months of inventory. Houses take an average of 43 days to sell. The median price per square foot is $520.
What is the townhome market like in Prior Lake?
The median townhome price in Prior Lake is $885K. Townhomes take an average of 34 days to sell. The median price per square foot is $513. There were 16 townhome sales in the past 12 months.
What houses have recently sold in Prior Lake?
13 houses have sold in Prior Lake over the past 12 months, with 1 selling in the last 30 days. The median sold price for houses is $1.24M. Recent median prices: Mar 2026: $955K, Apr 2026: $851K. Individual house sales are listed in the recently sold section on this page.
What townhomes have recently sold in Prior Lake?
16 townhomes have sold in Prior Lake over the past 12 months. The median sold price for townhomes is $885K. Individual townhome sales are listed in the recently sold section on this page.
1 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate