Is Saanichton a buyer's or seller's market right now?
Saanichton is currently a seller's market with 2.5 months of inventory (MOI). There are 19 active listings and approximately 5 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 Saanichton?
The current median home price in Saanichton is $1.01M. This is up 11.3% compared to the same period last year. This is based on 149 sales over the past 12 months.
How should I price my home in Saanichton?
Homes in Saanichton are currently selling at 97.0% 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, 7% sold above list price and 80% sold below.
How long do homes take to sell in Saanichton?
Homes in Saanichton 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 Saanichton?
The median price per square foot in Saanichton is $581. This metric is useful for comparing value across different property sizes and types.
Are homes in Saanichton selling above or below assessed value?
Homes in Saanichton are selling at an average of 101.0% of their BC Assessment value (based on 17 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
How many homes are selling in Saanichton?
In the last 30 days, 5 homes sold in Saanichton. Over the past 12 months, 149 properties have sold. There are currently 19 active listings on the market.
Are real estate sales increasing or decreasing in Saanichton?
Sales volume in Saanichton has been decreasing over the last 3 months: Apr 2026 (11 sales), May 2026 (7 sales), Jun 2026 (5 sales). Over the full 12-month period, there were 149 total sales.
How many homes, condos, and townhomes are for sale in Saanichton?
There are currently 19 properties for sale in Saanichton, including 9 single family homes, 5 condos, 3 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Saanichton?
The median single family home price in Saanichton is $1.17M (+9.3% year-over-year). The single family market is currently a seller's market with 1.9 months of inventory. Houses take an average of 38 days to sell. The median price per square foot is $582.
What is the condo market like in Saanichton?
The median condo price in Saanichton is $545K (+55.4% year-over-year). The condo market is currently a buyer's market with 15 months of inventory. Condos take an average of 40 days to sell. The median price per square foot for condos is $677. There were 13 condo sales in the past 12 months.
What is the townhome market like in Saanichton?
The median townhome price in Saanichton is $730K (+0.5% year-over-year). The townhome market is currently a seller's market with 1.1 months of inventory. Townhomes take an average of 36 days to sell. The median price per square foot is $543. There were 38 townhome sales in the past 12 months.
What homes have recently sold in Saanichton and for how much?
There have been 149 homes sold in Saanichton over the past 12 months, with 5 selling in the last 30 days. The median sold price is $1.01M. Recent median sold prices: Apr 2026: $900K, May 2026: $1.08M, Jun 2026: $995K. View all recently sold properties in Saanichton with photos, sold prices, and days on market on the 8X Real Estate Saanichton page.
What houses have recently sold in Saanichton?
97 houses have sold in Saanichton over the past 12 months, with 3 selling in the last 30 days. The median sold price for houses is $1.17M (+9.3% year-over-year). Recent median prices: Apr 2026: $1.38M, May 2026: $1.23M, Jun 2026: $996K.
What condos have recently sold in Saanichton?
13 condos have sold in Saanichton over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $545K (+55.4% year-over-year). Recent median prices: Jun 2026: $530K.
What townhomes have recently sold in Saanichton?
38 townhomes have sold in Saanichton over the past 12 months, with 1 selling in the last 30 days. The median sold price for townhomes is $730K (+0.5% year-over-year). Recent median prices: Apr 2026: $750K, May 2026: $713K, Jun 2026: $795K.