Market intelligence

See the Saanich market more clearly.

A live view of active inventory, asking-price ranges, property types, and neighbourhood activity.

Current snapshot November 14, 2026 Updated from active listing data

Active listings 523 6.1 months of supply at today's sales pace

New this week 41 ↓ Quieter than usual · typical is about 57

Median price $1.1M Half of listings ask less

Neighbourhoods 124 Each tracked as its own index below

October 2026Preliminary: sales reported after month end are added nightly.Updated November 14, 2026 · statistically indexed nightly

Market read

The market is balanced.

Sales are running at 16% of active inventory, inside the 12–20% range that typically marks a balanced market. Neither side has a clear edge, so pricing and condition decide outcomes.

Fair deals both ways: pricing right matters more than timing.

#3 most active of 20 Island markets this week · 25 new deals in the last 7 days See all

1. Sidney 30%
2. Central Saanich 25%
3. Saanich 25%
4. Oak Bay 25%
5. Colwood 23%
6. Comox Valley 22%
7. Malahat / Mill Bay 22%
8. North Saanich 22%
9. Nanaimo 21%
10. Esquimalt 21%
11. View Royal 19%
12. Victoria 19%
13. Parksville / Qualicum 18%
14. Campbell River 17%
15. Langford 17%
16. Port Alberni 15%
17. Duncan 13%
18. Gulf Islands 11%
19. Sooke 10%
20. North Island 7%

Pending deals as a share of active listings. Updated nightly.

New listings / month 247

7% more new listings vs. the same 3-month period last year

Average sales / month 85

29% fewer sales vs. the same 3-month period last year

Sales-to-active ratio16%6.1 months of supply

Buyer's marketBalancedSeller's market

The numbers behind it.

Over the last three months, the market averaged 247 new listings and 85 sales per month. Median days on market averaged 28 days — 4 days faster than the same period last year. Sale-to-list averaged 97.4%, about the same as the same period last year.

Price index · updated nightly

Saanich, indexed.

Market summary › Saanich

$877KCAD asking index

BCRE: SAA

Asking index from active listings, updated nightly · sold index from monthly sales · not an appraisal

Property-type indexes

Ticker2Y trendAsking1Y

Markets within Saanich

News stories

From local and national news sources

Saanich News · Nov 4Victoria housing market returns to balanced conditions in October Business Examiner · Oct 21North Saanich zoning bylaw left to new council after pre-election push falls short Saanich News · Oct 10Real estate professional Tim Taylor running for Victoria-Swan Lake Saanich News · Oct 5Saanich council candidates talk housing, transportation, parks Saanich News · Oct 4Victoria housing market slips as inventory outpaces September sales Saanich News · Sep 9Saanich councillor focuses on housing, environment in bid for 11th term

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A snapshot of today's ticker, refreshed nightly. Post it, text it, or drop it in a newsletter. The link opens this page with the live numbers.

Two years in view

New listings and sales over time

New listings Sales

Faint lines show monthly activity; the stronger lines are six-month averages. Residential and condominium records come from Repliers.

What happened to prices

Median single-family home sold price

24-month change -3.0%

Starting median $1.25M

Latest median $1.21M

Monthly median sold prices for single-family homes can move with the mix of properties sold. A change does not necessarily mean every individual property gained or lost the same amount.

Price distribution

Where current inventory sits

Browse all listings →

113 22% Under $700K 125 24% $700K–$1M 61 12% $1M–$1.2M 123 24% $1.2M–$1.7M 100 19% $1.7M+

Property types

Active listings by property type

Condos $525K 116 · 23% Townhomes $930K 102 · 20% Lots & Land $945K 22 · 4% Detached Homes $1.4M 265 · 52%

Median asking price; the bar shows how many are for sale. 505 residential listings. Commercial and other types aren't included.

Across Greater Victoria

Which markets are heating up or slowing down?

The last three months are compared with the same three months a year earlier, using prices, days on market, sale-to-list ratios, and sales relative to new listings.

1 Heating Up 1 Steady 2 Mixed 5 Slowing Down

Rank markets by

Sidney Heating Up +92.5% -5 days 98.0% 38% Multiple demand indicators strengthened over the latest three-month period. Central Saanich Mixed -10.5% -9 days 97.8% 34% The indicators moved in different directions, without one clear market trend. Oak Bay Mixed -16.2% -3 days 97.7% 36% The indicators moved in different directions, without one clear market trend. Saanich Current market Steady +0.6% -4 days 97.4% 34% Most indicators stayed within a relatively narrow range. Langford Slowing Down -13.0% +2 days 98.2% 28% Multiple indicators softened, pointing to more buyer choice and slower market pressure. View Royal Slowing Down -4.5% 0 days 97.4% 44% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Colwood Slowing Down -5.7% +12 days 98.0% 27% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Victoria Slowing Down -3.6% +4 days 96.6% 28% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Esquimalt Slowing Down -19.0% +7 days 96.4% 26% Multiple indicators softened, pointing to more buyer choice and slower market pressure.

Momentum describes recent direction, not whether a market is expensive or inexpensive. Median prices can also move when the mix of homes sold changes.

Elsewhere in BC

How other BC markets are moving

The last three months are compared with the same three months a year earlier, using prices, days on market, sale-to-list ratios, and sales relative to new listings.

2 Heating Up 4 Steady 2 Mixed 5 Slowing Down

Rank markets by

Tofino Heating Up +32.3% -4 days 96.6% 69% Multiple demand indicators strengthened over the latest three-month period. Nelson Heating Up +6.0% -3 days 96.6% 82% Multiple demand indicators strengthened over the latest three-month period. Lantzville Mixed +0.5% -20 days 98.1% 18% The indicators moved in different directions, without one clear market trend. Campbell River Steady +1.3% -5 days 97.2% 44% Most indicators stayed within a relatively narrow range. Duncan Steady +0.1% +2 days 97.6% 32% Most indicators stayed within a relatively narrow range. Fernie Steady -0.5% +10 days 98.0% 72% Most indicators stayed within a relatively narrow range. Comox Mixed +0.7% +10 days 98.4% 47% The indicators moved in different directions, without one clear market trend. Nanaimo Steady +1.2% -2 days 97.5% 34% Most indicators stayed within a relatively narrow range. Ladysmith Slowing Down -2.4% -8 days 96.1% 33% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Qualicum Beach Slowing Down +15.9% +8 days 96.7% 43% Multiple indicators softened, pointing to more buyer choice and slower market pressure. French Creek Slowing Down -11.5% +16 days 97.3% 38% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Port Alberni Slowing Down -5.3% +18 days 96.2% 40% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Parksville Slowing Down -8.8% +14 days 96.6% 44% Multiple indicators softened, pointing to more buyer choice and slower market pressure.

Momentum describes recent direction, not whether a market is expensive or inexpensive. Median prices can also move when the mix of homes sold changes.

About this data

A current-inventory view

These figures describe active listing inventory and asking prices. They are not sold-price statistics or a formal market appraisal. Contact a local REALTOR® for advice based on your property, timing, and neighbourhood.

What the numbers say

The market at a glance

Saanich currently has 523 active residential listings. The median asking price across current inventory is $1.1M. Detached Homes make up the largest property category, with 265 active listings. The largest share of available inventory is currently in the $700K–$1M price range. Sales represented 24% of new listings in Oct 26. New supply substantially outpaced completed sales, indicating more buyer choice and stronger competition between sellers. The median sold listing spent 29 days on market. Properties sold for 97.3% of asking price on average.