Saanich is the largest of Greater Victoria’s municipalities, both geographically and in population and it encompasses a wide range of neighborhoods including urban, suburban and rural. This means that housing options are diverse and prices can range wildly depending upon exactly where you look.
The Victoria Real Estate Board divides this huge area into two districts for statistical measurement; East Saanich and West Saanich.
| Housing Type (East Saanich) | Average Price (2012) | Total Units Sold |
| Single Family Dwelling |
$648,765 |
623 |
| Townhouse |
$486,496 |
107 |
| Condominium |
$296,800 |
223 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$876,214 |
7 |
| Housing Type (West Saanich) | Average Price (2012) | Total Units Sold |
| Single Family Dwelling |
$554,597 |
292 |
| Townhouse |
$394,585 |
52 |
| Condominium |
$268,968 |
77 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$576,000 |
4 |
Housing prices are consistently higher in East Saanich due to some very exclusive neighborhoods and the fact that this part of Saanich contains more urban areas than West Saanich.
There are definitely more rural neighborhoods in West Saanich and some, like Willis point are bordering on wilderness. Both East and West Saanich contain parcels of Agricultural Land Reserve (ALR) zone land, with the bulk of it located in West Saanich.
People who want to buy a house in Saanich (including first time home buyers) will find almost any type of housing, in diverse neighborhoods and a huge range of housing prices to fit almost any budget.
