Question 1

Is Thetis Heights a buyer's or seller's market right now?

Accepted Answer

Thetis Heights is currently a balanced market with 4.5 months of inventory (MOI). There are 12 active listings and approximately 4 sales in the last 30 days, indicating stable conditions with moderate inventory. 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 Thetis Heights?

Accepted Answer

The current median home price in Thetis Heights is $822K. This is up 18.3% compared to the same period last year. This is based on 81 sales over the past 12 months.

Question 3

How should I price my home in Thetis Heights?

Accepted Answer

Homes in Thetis Heights are currently selling at 98.0% of their list price, with an average of 41 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 14% sold above list price and 81% sold below.

Question 4

How long do homes take to sell in Thetis Heights?

Accepted Answer

Homes in Thetis Heights 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.

Question 5

What is the price per square foot in Thetis Heights?

Accepted Answer

The median price per square foot in Thetis Heights is $482. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Thetis Heights selling above or below assessed value?

Accepted Answer

Homes in Thetis Heights are selling at an average of 103.0% of their BC Assessment value (based on 6 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.

Question 7

How many homes are selling in Thetis Heights?

Accepted Answer

In the last 30 days, 4 homes sold in Thetis Heights. Over the past 12 months, 81 properties have sold. There are currently 12 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Thetis Heights?

Accepted Answer

Sales volume in Thetis Heights has been increasing over the last 3 months: Mar 2026 (3 sales), Apr 2026 (1 sales), May 2026 (4 sales). Over the full 12-month period, there were 81 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Thetis Heights?

Accepted Answer

There are currently 12 properties for sale in Thetis Heights, including 7 single family homes, 1 condos, 3 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Thetis Heights?

Accepted Answer

The median single family home price in Thetis Heights is $944K (+11.3% year-over-year). The single family market is currently a balanced market with 4.2 months of inventory. Houses take an average of 39 days to sell. The median price per square foot is $458.

Question 11

What is the condo market like in Thetis Heights?

Accepted Answer

The median condo price in Thetis Heights is $525K (-2.3% year-over-year). The condo market is currently a seller's market with 0.6 months of inventory. Condos take an average of 44 days to sell. The median price per square foot for condos is $564. There were 16 condo sales in the past 12 months.

Question 12

What is the townhome market like in Thetis Heights?

Accepted Answer

The median townhome price in Thetis Heights is $711K (-1.8% year-over-year). The townhome market is currently a seller's market with 2.3 months of inventory. Townhomes take an average of 39 days to sell. The median price per square foot is $478. There were 15 townhome sales in the past 12 months.

Question 13

What homes have recently sold in Thetis Heights and for how much?

Accepted Answer

There have been 81 homes sold in Thetis Heights over the past 12 months, with 4 selling in the last 30 days. The median sold price is $822K. Recent median sold prices: Mar 2026: $1.10M, Apr 2026: $530K, May 2026: $1.12M. View all recently sold properties in Thetis Heights with photos, sold prices, and days on market on the 8X Real Estate Thetis Heights page.

Question 14

What houses have recently sold in Thetis Heights?

Accepted Answer

45 houses have sold in Thetis Heights over the past 12 months, with 4 selling in the last 30 days. The median sold price for houses is $944K (+11.3% year-over-year). Recent median prices: Mar 2026: $1.20M, May 2026: $1.12M.

Question 15

What condos have recently sold in Thetis Heights?

Accepted Answer

16 condos have sold in Thetis Heights over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $525K (-2.3% year-over-year). Recent median prices: Jun 2025: $489K, Jul 2025: $393K, Apr 2026: $530K.

Question 16

What townhomes have recently sold in Thetis Heights?

Accepted Answer

15 townhomes have sold in Thetis Heights over the past 12 months, with 1 selling in the last 30 days. The median sold price for townhomes is $711K (-1.8% year-over-year). Recent median prices: Jan 2026: $680K, Feb 2026: $698K, Mar 2026: $698K.

Thetis Heights Real Estate

Thetis Heights

Market Pulse

Months of Inventory (MOI)

Questions about

Thetis Heights

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Active Listings

Recently Sold in

Thetis Heights

Thetis Heights Houses for Sale

Thetis Heights Condos for Sale

Thetis Heights Townhomes for Sale

Homes for Sale in Thetis Heights

Recently Sold in Thetis Heights — Sold Prices