While access to current Multiple Listing Service (MLS) statistics for Victoria BC are necessary when you are buying or selling a house in Victoria, it can also be useful to review historical MLS statistics so that you can see what’s happened in the real estate market over time. Geoff McLean, Heather Wilde and Jodi Baker are experienced realtors in Victoria BC who can advise you about the state of the local real estate market.
If you are buying real estate you want to know if the local market is in decline relative to previous years or if prices are going up so that you can adjust the strength of your offer accordingly.
When you are trying to sell your house you need to understand whether the value of your property has increased or decreased so that you can assess the offers that you receive.
2011 MLS Statistics for Victoria BC and Surrounding Municipalities
Sooke
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$411,370 |
$395,000 |
| Townhouse |
$325,533 |
$309,000 |
| Condominium |
n/a |
$185,000 |
| Manufactured Home |
$150,167 |
$66,000 |
| Lot |
$280,077 |
$163,000 |
Highlands
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$621,353 |
$570,000 |
| Townhouse |
n/a |
n/a |
| Condominium |
n/a |
n/a |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$553,750 |
$242,500 |
Colwood
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$499,200 |
$471,000 |
| Townhouse |
$390,908 |
$380,000 |
| Condominium |
$246,530 |
$252,500 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$1,481,500 |
$861,250 |
Langford
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$508,915 |
$480,000 |
| Townhouse |
$342,364 |
$340,000 |
| Condominium |
$296,081 |
$293,000 |
| Manufactured Home |
$92,877 |
$86,250 |
| Lots and acreage |
$225,367 |
$211,250 |
East Saanich
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$682,160 |
$619,000 |
| Townhouse |
$516,707 |
$481,000 |
| Condominium |
$302,070 |
$278,250 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$567,564 |
$507,000 |
West Saanich
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$575,181 |
$499,000 |
| Townhouse |
$394,731 |
$395,100 |
| Condominium |
$264,618 |
$269,000 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$275,800 |
$254,950 |
Esquimalt
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$484,234 |
$461,250 |
| Townhouse |
$376,257 |
$375,000 |
| Condominium |
$338,145 |
$275,000 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$420,000 |
$492,500 |
View Royal
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$594,167 |
$560,000 |
| Townhouse |
$$400,595 |
$418,000 |
| Condominium |
$292,723 |
$298,750 |
| Manufactured Home |
$121,156 |
$111,250 |
| Lots and acreage |
$360,070 |
$362,450 |
Central Saanich
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$623,123 |
$550,000 |
| Townhouse |
$404,580 |
$372,950 |
| Condominium |
$328,879 |
$320,000 |
| Manufactured Home |
$160,273 |
$167,000 |
| Lots and acreage |
$591,250 |
$580,000 |
Victoria
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$611,312 |
$556,000 |
| Townhouse |
$498,232 |
$463,750 |
| Condominium |
$332,638 |
$299,900 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$372,500 |
$330,000 |
Oak Bay
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$936,355 |
$765,000 |
| Townhouse |
$576,875 |
$567,000 |
| Condominium |
$462,177 |
$382,500 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$756,400 |
$810,000 |
Metchosin
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$709,336 |
$620,000 |
| Townhouse |
n/a |
n/a |
| Condominium |
n/a |
n/a |
| Manufactured Home |
$48,500 |
$38,000 |
| Lots and acreage |
$510,000 |
$510,000 |
North Saanich
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$774,627 |
$715,000 |
| Townhouse |
$517,500 |
$519,000 |
| Condominium |
$730,000 |
$730,000 |
| Manufactured Home |
n/a |
n/a |
| Lots and acreage |
$538,375 |
$405,000 |
Sidney
| Housing Type | Average Price (2011) | Median Price (2011) |
| Single Family Dwelling |
$526,812 |
$477,250 |
| Townhouse |
$432,045 |
$410,500 |
| Condominium |
$366,863 |
$309,000 |
| Manufactured Home |
$238,929 |
$236,000 |
| Lots and acreage |
$720,000 |
$720,000 |
