Market intelligence

See the Saanich market more clearly.

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

Current snapshot October 7, 2026 Updated from active listing data
Active listings 565 Currently available
New this week 59 Listed in the last 7 days
Median price $1.08M Median active asking price
Neighbourhoods 137 With active inventory

What the numbers say

The market at a glance

Saanich currently has 565 active residential listings. The median asking price across current inventory is $1.08M. Detached Homes make up the largest property category, with 282 active listings. The largest share of available inventory is currently in the $1.2M–$1.7M price range. Sales represented 6% of new listings in Sep 26. New supply substantially outpaced completed sales, indicating more buyer choice and stronger competition between sellers. The median sold listing spent 34 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 0 100 200 300 400 500 600 Oct 24 Jan 25 Apr 25 Jul 25 Oct 25 Jan 26 Apr 26 Jul 26 Sep 26 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: 407 new listings Apr 26: 138 sales May 26: 385 new listings May 26: 183 sales Jun 26: 354 new listings Jun 26: 165 sales Jul 26: 322 new listings Jul 26: 153 sales Aug 26: 319 new listings Aug 26: 108 sales Sep 26: 520 new listings Sep 26: 29 sales

Latest complete month Sep 26

New listings 520

Sales 29

Single-family median $1.06M

Median days on market 34 days

Sale-to-list ratio 97.2%

Sales / new listings 6%

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 -9.6%
Saanich monthly median single-family home sold price $800K $1M $1.2M $1.4M $1.6M Oct 24 Apr 25 Oct 25 Apr 26 Sep 26 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: $1.2M median single-family sold price Aug 26: $1.3M median single-family sold price Sep 26: $1.06M median single-family sold price

Starting median $1.17M

Latest median $1.06M

Period high $1.33M Feb 26

Period low $1.06M Sep 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

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Property types

Active listings by property type

Neighbourhood activity

Where buyers have the most choice

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Across Vancouver Island

Which markets are heating up or slowing down?

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

1 Heating Up 0 Steady 1 Mixed 11 Slowing Down
Tofino Smaller sample Heating Up — -155 days 96.9% 25% Multiple demand indicators strengthened over the latest three-month period. This market has a smaller sales sample, so month-to-month movement should be read cautiously. Duncan Mixed +3.9% +40 days 97.7% 8% The indicators moved in different directions, without one clear market trend. Colwood Slowing Down +4.5% +41 days 97.0% 3% Multiple indicators softened, pointing to more buyer choice and slower market pressure. French Creek Smaller sample Slowing Down -4.9% +2 days 96.0% 40% Multiple indicators softened, pointing to more buyer choice and slower market pressure. This market has a smaller sales sample, so month-to-month movement should be read cautiously. Parksville Slowing Down -11.0% -15 days 96.2% 9% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Campbell River Slowing Down -22.3% +2 days 96.5% 11% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Comox Slowing Down -23.3% +18 days 98.3% 7% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Port Alberni Slowing Down -17.7% +24 days 95.7% 8% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Saanich Current market Slowing Down -8.3% +10 days 97.2% 6% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Ladysmith Slowing Down -3.4% +55 days 95.8% 4% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Lantzville Smaller sample Slowing Down -21.4% +8 days 95.7% 13% Multiple indicators softened, pointing to more buyer choice and slower market pressure. This market has a smaller sales sample, so month-to-month movement should be read cautiously. Nanaimo Slowing Down -2.8% +16 days 96.8% 4% Multiple indicators softened, pointing to more buyer choice and slower market pressure. Qualicum Beach Slowing Down -19.3% +17 days 96.4% 9% 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.