Real Estate Market Report for
Central Saanich, BC

Updated : Aug 2016
House
  • Median price $1,125,000
  • Monthly growth 40.62 %
  • Quarterly trend
  • Stock on market 0.65%
Apartment
  • Median price $356,950
  • Monthly growth -2.17 %
  • Quarterly trend
  • Stock on market 0.09%
Central Saanich Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

When looking across the province, Central Saanich is the 21th most expensive in British Columbia.

When our research team crunched the numbers we calculated that Central Saanich has a median home price of $1,125,000.

4 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 359 neighbourhoods that have more properties on sale than Central Saanich at the moment in British Columbia which puts the neighbourhood top 40% when looking at the number of properties to choose from.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Central Saanich there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Canada’s national median home listing price this month is $244,900, which means that Central Saanich is in the top 20% for Canada.

Central Saanich, British Columbia has a median house price of $356,950 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

According to our stats, Central Saanich is the neighbourhood that has the 84th most properties available to real estate investors in British Columbia.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Beds Median price (House) Median price (Apartment)
2 bedrooms $595,000 $364,900
3 bedrooms $999,000
4 bedrooms $1,081,900
5 bedrooms $1,619,000
6 bedrooms $1,899,000
Demographics
  • Population in 201115936
  • Population in 200615745
  • 2006 to 2011 population change (%)1.2
  • Total private dwellings6934
  • Private dwellings occupied by usual residents6597
  • Population density per square kilometre385.6
  • Land area (square km)41.33
  • Age Characteristics
    Total population by age groups 15940
    0 to 4 years 560
    5 to 9 years 685
    10 to 14 years 865
    15 to 19 years 1120
    15 years 230
    16 years 215
    17 years 235
    18 years 215
    19 years 215
    20 to 24 years 815
    25 to 29 years 610
    30 to 34 years 650
    35 to 39 years 730
    40 to 44 years 910
    45 to 49 years 1275
    50 to 54 years 1485
    55 to 59 years 1410
    60 to 64 years 1390
    65 to 69 years 985
    70 to 74 years 725
    75 to 79 years 575
    80 to 84 years 555
    85 years and over 595
    Median age of the population 49.1
    % of the population aged 15 and over 86.8
  • Marital Status
    Total population 15 years and over by marital status 13830
    Married or living with a common-law partner 8670
    Married (and not separated) 7675
    Living common-law 1000
    Not married and not living with a common-law partner 5155
    Single (never legally married) 2955
    Separated 290
    Divorced 985
    Widowed 930
    Family Characteristics
    Total number of census families in private households 4860
    Size of census family: 2 persons 2810
    Size of census family: 3 persons 900
    Size of census family: 4 persons 870
    Size of census family: 5 or more persons 285
    Total number of census families in private households 4860
    Total couple families by family structure and number of children 4265
    Married couples 3765
    Without children at home 2090
    With children at home 1675
    1 child 645
    2 children 770
    3 or more children 255
    Common-law couples 500
    Without children at home 340
    With children at home 160
    1 child 70
    2 children 65
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 595
    Female parent 440
    1 child 275
    2 children 135
    3 or more children 30
    Male parent 160
    1 child 110
    2 children 40
    3 or more children 10
    Total children in census families in private households 4170
    Under six years of age 670
    6 to 14 years 1430
    15 to 17 years 675
    18 to 24 years 1015
    25 years and over 380
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 15720
    Number of persons not in census families 2420
    Living with relatives 260
    Living with non-relatives only 475
    Living alone 1690
    Number of census family persons 13295
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 3235
    Number of persons not in census families aged 65 years and over 980
    Living with relatives 95
    Living with non-relatives only 60
    Living alone 825
    Number of census family persons aged 65 years and over 2250
    Total number of private households by household type 6600
    Census-family households 4740
    One-family-only households 4305
    Couple-family households 3840
    Without children 2195
    With children 1645
    Lone-parent-family households 470
    Other family households 430
    One-family households with persons not in a census family 310
    Couple-family households 225
    Without children 105
    With children 125
    Lone-parent-family households 85
    Two-or-more-family households 120
    Non-census-family households 1860
    One-person households 1690
    Two-or-more-person households 170
    Total number of occupied private dwellings by structural type of dwelling 6595
    Single-detached house 3910
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 2655
    Semi-detached house 160
    Row house 650
    Apartment, duplex 1065
    Apartment, building that has fewer than five storeys 775
    Other single-attached house 15
    Total number of private households by household size 6600
    1 person 1690
    2 persons 2640
    3 persons 925
    4 persons 910
    5 persons 300
    6 or more persons 130
    Number of persons in private households 15720
    Average number of persons in private households 2.4
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?