Market intelligence

See the Saanich market more clearly.

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

Current snapshot September 5, 2026 Updated from active listing data
Active listings 522 Currently available
New this week 34 Listed in the last 7 days
Median price $1.1M Median active asking price
Neighbourhoods 116 With active inventory

What the numbers say

The market at a glance

Saanich currently has 522 active residential listings. The median asking price across current inventory is $1.1M. Detached Homes make up the largest property category, with 267 active listings. The largest share of available inventory is currently in the $1.2M+ price range. Sales represented 33% of new listings in Jul 26. New supply substantially outpaced completed sales, indicating more buyer choice and stronger competition between sellers. The median sold listing spent 37 days on market. Properties sold for 97.2% of asking price on average.

Two years in view

Sales and new listings over time

New listings Sales
Saanich monthly new listings and sales 0 100 200 300 400 500 Aug 24 Nov 24 Feb 25 May 25 Aug 25 Nov 25 Feb 26 May 26 Jul 26 Aug 24: 157 new listings Aug 24: 39 sales Sep 24: 220 new listings Sep 24: 102 sales Oct 24: 217 new listings Oct 24: 124 sales Nov 24: 123 new listings Nov 24: 117 sales Dec 24: 67 new listings Dec 24: 81 sales Jan 25: 182 new listings Jan 25: 99 sales Feb 25: 195 new listings Feb 25: 94 sales Mar 25: 282 new listings Mar 25: 143 sales Apr 25: 307 new listings Apr 25: 154 sales May 25: 359 new listings May 25: 197 sales Jun 25: 290 new listings Jun 25: 162 sales Jul 25: 279 new listings Jul 25: 137 sales Aug 25: 224 new listings Aug 25: 124 sales Sep 25: 283 new listings Sep 25: 113 sales Oct 25: 188 new listings Oct 25: 121 sales Nov 25: 172 new listings Nov 25: 92 sales Dec 25: 83 new listings Dec 25: 73 sales Jan 26: 206 new listings Jan 26: 90 sales Feb 26: 216 new listings Feb 26: 96 sales Mar 26: 304 new listings Mar 26: 127 sales Apr 26: 410 new listings Apr 26: 138 sales May 26: 402 new listings May 26: 183 sales Jun 26: 397 new listings Jun 26: 156 sales Jul 26: 370 new listings Jul 26: 121 sales

Latest settled month Jul 26

New listings 370

Sales 121

Single-family median $1.18M

Median days on market 37 days

Sale-to-list ratio 97.2%

Sales / new listings 33%

Residential and condominium sales and listing records from Repliers. Recent unsettled months are excluded because sold-status reporting can continue after month-end.

What happened to prices

Median single-family home sold price

24-month change -6.7%
Saanich monthly median single-family home sold price $800K $1M $1.2M $1.4M $1.6M Aug 24 Nov 24 Feb 25 May 25 Aug 25 Nov 25 Feb 26 May 26 Jul 26 Aug 24: $1.26M median single-family sold price Sep 24: $1.23M median single-family sold price Oct 24: $1.17M median single-family sold price Nov 24: $1.19M median single-family sold price Dec 24: $1.22M median single-family sold price Jan 25: $1.2M median single-family sold price Feb 25: $1.32M median single-family sold price Mar 25: $1.26M median single-family sold price Apr 25: $1.28M median single-family sold price May 25: $1.25M median single-family sold price Jun 25: $1.25M median single-family sold price Jul 25: $1.27M median single-family sold price Aug 25: $1.22M median single-family sold price Sep 25: $1.22M median single-family sold price Oct 25: $1.17M median single-family sold price Nov 25: $1.17M median single-family sold price Dec 25: $1.28M median single-family sold price Jan 26: $1.29M median single-family sold price Feb 26: $1.33M median single-family sold price Mar 26: $1.25M median single-family sold price Apr 26: $1.23M median single-family sold price May 26: $1.26M median single-family sold price Jun 26: $1.16M median single-family sold price Jul 26: $1.18M median single-family sold price

Starting median $1.26M

Latest median $1.18M

Period high $1.33M Feb 26

Period low $1.16M Jun 26

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 →
Under $500K
67 $500K–$700K
59 $700K–$900K
59 $900K–$1.2M
120 $1.2M+
216

Property types

Active listings by property type

Detached Homes 267 $1.4M median Condos 128 $535K median Townhomes 90 $883K median Lots & Land 23 $898K median

Neighbourhood activity

Where buyers have the most choice

Explore all areas →
Neighbourhood Active listings Median asking price
Cordova Bay 46 listings Median $1.89M View area → Gordon Head 37 listings Median $1.38M View area → Mt Tolmie 22 listings Median $1.03M View area → Gorge 20 listings Median $959K View area → Broadmead 20 listings Median $1.52M View area → Tillicum 18 listings Median $807K View area → Cedar Hill 17 listings Median $949K View area → Quadra 15 listings Median $485K View area → Lambrick Park 14 listings Median $1.13M View area → Royal Oak 14 listings Median $919K View area →

Across Vancouver Island

Which markets are heating up or slowing down?

The latest settled month is compared with three months earlier using prices, days on market, sale-to-list ratios, and sales relative to new listings.

0 Heating Up 4 Steady 3 Mixed 6 Slowing Down
Colwood Steady +0.5% -3 days 98.3% 41% Most indicators stayed within a relatively narrow range. Tofino Smaller sample Mixed — -35 days 96.0% 43% The indicators moved in different directions, without one clear market trend. This market has a smaller sales sample, so month-to-month movement should be read cautiously. Comox Steady +11.8% +4 days 97.6% 44% Most indicators stayed within a relatively narrow range. Duncan Mixed +7.3% +14 days 98.5% 31% The indicators moved in different directions, without one clear market trend. French Creek Smaller sample Mixed +27.0% -8 days 96.6% 8% The indicators moved in different directions, without one clear market trend. This market has a smaller sales sample, so month-to-month movement should be read cautiously. Nanaimo Steady +0.3% +2 days 97.8% 25% Most indicators stayed within a relatively narrow range. Port Alberni Steady -0.2% +3 days 96.8% 26% Most indicators stayed within a relatively narrow range. Campbell River Slowing Down -6.3% +1 days 97.7% 36% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Parksville Slowing Down -7.4% -2 days 97.3% 25% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Saanich Current market Slowing Down -4.0% +16 days 97.2% 33% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Ladysmith Slowing Down -0.6% +26 days 96.4% 27% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Lantzville Slowing Down -13.6% +38 days 93.0% 44% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Qualicum Beach Slowing Down -2.1% +14 days 96.4% 23% 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.