Where to buy Victoria real estate in 2019

Night view of Inner Harbour in Victoria, British Columbia. (androver/Shutterstock)

Ask a long-term Victoria, B.C., resident if they are likely to move and you’ll probably hear at least a dozen reasons never to leave this West Coast city. While weather tops the list, it isn’t the only reason why residents stay in and around the provincial capital. Well paying jobs—primarily due to government, educational and medical institutions operating there—along with great schools, access to incredible nature experiences and a commitment to work-life balance is what keeps most people there.

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But over the last few years, more than a few residents wondered if the next generation would be able to afford this market. When B.C. real estate prices swelled in 2015 and 2016, the market in Victoria was carried up along with it. By the end of 2016, the benchmark price for single-family homes in Greater Victoria had grown by almost 25%. Fast forward to April 2019, and the predictions for Victoria’s real estate market are starkly different than 12 or even 24 months ago. Now, Victoria’s home prices are predicted to cool over the next two years, according to the Canada Mortgage and Housing Corporation (CMHC). The primary factor for this slowing market is the expectation of rising interest rates, although the B-20 mortgage stress test along with the increasingly unaffordable real estate costs in B.C. are certainly contributing. Still, with the current temporary reprieve from rising rates, this could be an opportunity to purchase when rates are low and prices are stagnant. But which neighbourhoods to buy into? In a city where commuting times really impact housing prices, the key is to find an area that suits your lifestyle and your budget, and still has room for equity growth.

Victoria’s top 3 neighborhoods to buy

1. Sooke

For many, that ideal location may no longer be in the City of Victoria. This year, the number one neighbourhood is 40 kilometres south of the city centre, in the region of Sooke. Sooke River offers small-town hospitality, a manageable 45- to 60-minute drive to the big city and plenty of access to the stunning wilderness of Canada’s West Coast. What pushed this neighbourhood to the top of this year’s list is the average price of a home in Sooke River: It’s is more than 35% cheaper than surrounding communities and the Greater Victoria area. Plus, Sooke River hasn’t reached its full potential. In the last five years, home prices have appreciated by just over 43%; that still leaves room to grow, considering many Greater Victoria neighbourhoods realized even more spectacular gains of 67% or more over the same five-year period. Some potential buyers may still balk at the hour-long drive into Victoria but, as one realtor explained, “there was a time when a greater than 10 or 15-minute commute made a neighbourhood far less desirable.” Of course, as prices rose, the length of an “acceptable” commute also rose. Now, many potential buyers are comfortable with a 20 or even 30-minute commute.

2. Rockheights

For those who don’t relish a long drive to Victoria, the good news is that the No. 2 neighbourhood in this year’s ranking is a short 10 minutes from downtown. Rockheights in Esquimalt offers homes that sell for about 15% less, on average, than average area, district, and Greater Victoria home prices. Homes in this neighbourhood are typically on large lots and many sit high up, offering great water and city views, with some even offering views of the Olympic Mountains. For slightly cheaper homes (that are typically larger and still offer great access to both waterfront and downtown Victoria) check out Colwood Lake and Hatley Park in Colwood.

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3. Gorge Vale

The community of Gorge Vale, also in Esquimalt, is dominated by the top-ranked Gorge Vale Golf Course. Those who live in the area appreciate the water and mountain views, as well as access to Kinsmen Park, where people can hike or kayak. Those employed by the Federal Department of National Defence will want to take a serious look at this community, considering it is the headquarters for the Canadian Pacific Naval Fleet. The big draws for all Esquimalt communities are the close proximity to Victoria’s downtown core, easy access to the waterfront, and the overall housing prices. In Gorge Vale and surrounding communities, the average home costs typically $200,000 less than average prices in metro Victoria—that’s a steep saving for price-conscious first-time buyers or budget-crunched new families. Still, not all families want to sacrifice location to save a few hundred thousand dollars on their largest investment. An area that’s in high demand by families is Oak Bay. And while our ranking doesn’t see any Oak Bay communities until No. 64, we’d be remiss not to mention the demand there, even despite the high average house price, which is somewhere north of $1.6-million. For instance, the Estevan neighbourhood is sought-after by families because the schools are highly rated, plus the little village within helps create a small town feel in the big city community. And the Uplands neighbourhood—No. 64 in this year’s ranking—is Victoria’s version of Vancouver’s Shaughnessy, a well-to-do community that gives home buyers access to large half-acre or one-acre lots, and the ability to buy or build large homes.

Top Neighbourhoods

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Rank	Neighbourhood	Area	Average home price (2017)	Value	Momentum	Average price vs. area	Avg. price vs. metro district	Avg. price vs. outer region	1-year price change	5-year price change	Final Star Rating
1	Sooke River	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
2	Rockheights	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
3	Gorge Vale	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
4	Whiffin Spit	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
5	Colwood Lake	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
6	Hatley Park	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
7	Esquimalt	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
8	Becher Bay	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
9	Sidney South-East	Sidney	$867,143.00	46.58	80.90	94.92%	95.42%	95.42%	5.11%	80.18%	★★★½
10	Kinsmen Park	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
11	Mill Hill	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
12	Sun Ridge	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
13	East Sooke	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
14	Sheringham Point	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
15	Walfred	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
16	Wishard North	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
17	Latoria	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
18	Langford Lake	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
19	Billings spit	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
20	Broomhill	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
21	Fairway	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
22	Phillips North	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
23	Saxe Point	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
24	Otter Point	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
25	Westhills	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
26	Kemp Lake	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
27	Sidney North-West	Sidney	$867,143.00	46.58	80.90	94.92%	95.42%	95.42%	5.11%	80.18%	★★★½
28	Sidney South-West	Sidney	$867,143.00	46.58	80.90	94.92%	95.42%	95.42%	5.11%	80.18%	★★★½
29	Royal Roads	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
30	Old Esquimalt	Esquimalt	$774,121.00	64.60	77.80	84.73%	85.19%	85.19%	8.87%	66.87%	★★★½
31	Saseenos	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
32	Thetis Heights	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
33	Lagoon	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
34	Langford Proper	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
35	Colwood Corners	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
36	Wishart South	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★½
37	17 Mile	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
38	John Muir	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
39	Glen Lake	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
40	Goldstream	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
41	Moresby Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★½
42	Port Renfrew	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
43	Luxton	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
44	Happy Valley	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★½
45	French Beach	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
46	West Coast Rd.	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★½
47	Bear Mountain	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
48	Jordan River	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★
49	Jubilee	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
50	Florence Lake	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
51	Royal Bay	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★
52	Olympic View	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
53	Triangle	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★
54	Humpback	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
55	Downtown	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
56	Sidney Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
57	Oaklands	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
58	Sidney North-East	Sidney	$867,143.00	46.58	80.90	94.92%	95.42%	95.42%	5.11%	80.18%	★★★
59	Jacklin	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
60	Atkins	Langford	$720,399.00	82.61	46.89	78.85%	79.28%	79.28%	6.49%	47.99%	★★★
61	Songhees	Victoria West	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
62	Rock Bay	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
63	Victoria West	Victoria West	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
64	Uplands	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★★
65	Mayne Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
66	Rocky Point	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
67	Hillside	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
68	Olympic View	Colwood	$745,463.00	72.05	62.58	81.60%	82.03%	82.03%	8.41%	53.98%	★★★
69	Pender Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
70	Deep Cover	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
71	Salt Spring Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
72	Sunriver	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★
73	Piers Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
74	Mayfair	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
75	Glentana	View Royal	$819,233.00	49.69	52.95	89.67%	90.15%	90.15%	14.95%	48.40%	★★★
76	Saturna Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
77	Lands End	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
78	Silver Spray	Sooke	$583,251.00	100.00	33.23	63.84%	64.18%	64.18%	6.75%	43.10%	★★★
79	Prevost Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
80	Metchosin	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
81	Gonzales	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★★
82	Bear Mountain	Highlands	$927,265.00	37.89	57.30	101.50%	102.04%	102.04%	6.14%	63.62%	★★★
83	West Saanich	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
84	Rockland	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
85	James Bay	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
86	High Quadra	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★★
87	Central Park	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
88	Galiano Island	Gulf Islands	$692,699.00	88.20	27.48	75.82%	76.23%	76.23%	11.26%	41.40%	★★★
89	Albert Head	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
90	Ferwood	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
91	Portage Inlet	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
92	Sandown	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
93	Hospital	View Royal	$819,233.00	49.69	52.95	89.67%	90.15%	90.15%	14.95%	48.40%	★★★
94	Fairfield West	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
95	Pedder Bay	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
96	Six Mile	View Royal	$819,233.00	49.69	52.95	89.67%	90.15%	90.15%	14.95%	48.40%	★★★
97	Kangaroo	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
98	Prior Lake	View Royal	$819,233.00	49.69	52.95	89.67%	90.15%	90.15%	14.95%	48.40%	★★★
99	Tillicum	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
100	View Royal	View Royal	$819,233.00	49.69	52.95	89.67%	90.15%	90.15%	14.95%	48.40%	★★★
101	Dean Park	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
102	North Oak Bay	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★★
103	Coles Bay	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
104	Gateway	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
105	William Head	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
106	Curteis Point	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
107	Olympic View	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
108	Ardmore	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
109	Burnside	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
110	Neild	Metchosin	$956,314.00	36.02	72.36	104.68%	105.24%	105.24%	10.42%	65.23%	★★★
111	Estevan	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★★
112	Royal Oak	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
113	Fairfield East	Victoria	$959,059.00	31.06	70.03	104.98%	105.54%	105.54%	5.91%	58.92%	★★★
114	Western Highlands	Highlands	$927,265.00	37.89	57.30	101.50%	102.04%	102.04%	6.14%	63.62%	★★★
115	Willis Point	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
116	Cordova Bay	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★★
117	Swartz Bay	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★★
118	South Oak Bay	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★★
119	Rudd Park	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★★
120	Mt. Doug	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
121	Prospect Lake	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
122	Bazan Bay	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★½
123	Elk Lake	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
124	Cadboro Bay	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
125	Arbutus	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
126	Airport	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★½
127	Quadra	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
128	Gordon Head	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
129	Broadmead	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
130	Glanford	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
131	Gorge	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
132	Granville	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
133	Lambrick Park	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
134	McDonald Park	North Sannich	$1,254,137.00	10.56	85.71	137.27%	138.01%	138.01%	9.44%	63.46%	★★½
135	Martindale	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
136	Swan Lake	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
137	Beaver Lake	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
138	Interurban	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
139	Blenkinsop	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
140	Sunnymead	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
141	Eastern Highlands	Highlands	$927,265.00	37.89	57.30	101.50%	102.04%	102.04%	6.14%	63.62%	★★½
142	Henderson	Oak Bay	$1,639,831.00	3.73	98.60	179.49%	180.45%	180.45%	12.63%	81.43%	★★½
143	Strawberry Vale	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
144	Keating	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
145	Layritz	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
146	Marigold	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
147	Lake Hill	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
148	Ten Mile Point	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
149	Northridge	Saanich West	$807,082.00	60.87	33.39	88.34%	88.81%	88.81%	2.04%	44.77%	★★½
150	Maplewood	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
151	Tanner	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
152	Mt. Tolmie	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
153	Cedar Hill	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
154	Oldfield	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
155	Hawthorne	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
156	Queenswood	Saanich East	$1,045,772.00	21.74	60.09	114.47%	115.08%	115.08%	3.32%	57.44%	★★½
157	Saanichton	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
158	Island View	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
159	Turgoose	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
160	Brentwood Bay	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★½
161	Inlet	Central Saanich	$912,204.00	44.10	21.89	99.85%	100.38%	100.38%	-7.30%	47.70%	★★

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

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Comments Cancel reply

Alexa Mogg says:

July 9, 2020 at 11:25 am

Thank you for this article! As realtors we’re always researching to make sure we’re up-to-date on market forces. And we love that this caliber of information is available to consumers without them having to dig too deep into confusing government sites!

Seeing as we’re now in 2020, some of this information has shifted but Victoria being the resilient market that it is, much of this information is still accurate and relevant!

Thanks again!

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