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Property prices in Central Saanich · Census 2021 and Statistics Canada

Buyers in Central Saanich pay 45% above the median sale of British Columbia’s towns

The 2021 census put the median home at $900,000, with an average of $973,000. For 2024, the median assessed value of a residential property is $1,070,000. Some 140 new homes a year went up in Central Saanich on permits from 2018 to 2023.

Median home value
$900K
owners’ estimate, census 2021
average $973K
Median sale price
$989K
CHSP, 2023
345 buyers
Median assessed value
$1.07M
all residential, 2024
New homes a year
140
permits, 2018–2023
19.3 per 1,000 homes
What homes are worth

What Central Saanich’s homes are worth, three ways

Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.

Census 2021$900K

median, owners’ estimate

Average
$973K
Owners
5,555
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$989K

median sale price

Average sale
$1.05M
÷ buyers’ income
6.2×
Buyers
345
British Columbia’s towns
$682K
Assessed, 2024$1.07M

all residential

British Columbia’s towns
$671K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

Central Saanich’s detached houses are assessed 47% above the median of British Columbia’s towns

The 2024 assessment roll counts 5,675 homes in Central Saanich: detached houses make 62% of them, condos 8%.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$1.1M
Semi-detached$867K
Row houses$713K
Condos$594K
Multi-unit properties$1.21M
The mix of properties
Detached houses62%
Multi-unit properties14%
Row houses14%
Condos8%
Semi-detached2%
2,180 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
967 sq ft
living area of the median condo
90%
of properties lived in by their owner

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.

The homes

Central Saanich’s homes: when they went up and what they are

Central Saanich had 7,105 occupied homes at the 2021 census, 54% of them single-detached houses. At least half predate 2001.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 19619%
1961–198037%
1981–200035%
2001–201512%
2016–20217%
What kind of home

Homes by kind

Single-detached houses54%
Semi-detached houses3%
Row houses11%
Flats in a duplex20%
Apartments, under 5 storeys11%
Movable dwellings1%
Against the median town of the province and of Canada
Central SaanichBritish ColumbiaCanada
Condominiums13%10%8%
Needing major repairs3%6%6%
Too small for the household3%4%3%
Households in core housing need8%10%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Central Saanich permitted 19.3 new homes a year per 1,000, close to the 18.1 of British Columbia’s towns

Very few were houses: 15% in single-unit buildings (British Columbia’s towns: 27%). Central Saanich doesn’t get its own monthly permits figures; the ones here come from the Victoria metro area.

Permits by year, 2018–2023

The busiest year: 2023, with 268 new homes

Single-unit buildingsTwo or more units
0100200300201820192020202120222023
The pace

New homes a year per 1,000 homes

Central Saanich19.3
British Columbia’s towns18.1
The typical Canadian town13.8
$38M
of new residential construction a year, 2019–2023
The metro area

Slowing: 4,220 new homes in the 12 months to August 2026, 5% fewer

02,0004,0006,00020212022202320242025

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across British Columbia

Central Saanich is 25% above the $720,000 median of British Columbia’s towns

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Central Saanich: Sidney and Electoral Area A, Cowichan Valley

The places around Central Saanich at the 2021 census: median and average value, and how many own.

East Saanich 2HighlandsSidneyNorth SaanichSaanichElectoral Area A, Cowichan ValleyEast Saanich 2HighlandsSidneyNorth SaanichSaanichElectoral Area A, Cowichan ValleyCentral Saanich
Prices next door
TownMedian home valueAverageOwnerskm
Central Saanich$900K$973K80%
East Saanich 2––87%3.5
Highlands$1M$1.14M89%7.5
Sidney$750K$798K77%9.4
North Saanich$1.2M$1.32M88%10.5
Saanich$930K$1.01M69%11.9
Electoral Area A, Cowichan Valley$800K$814K88%12.3

Census 2021 values; km.

Questions about property prices in Central Saanich

What is the average house price in Central Saanich?

Homes sold for an average $1,050,000 in 2023; the median buyer paid 6.2 times their household income.

Is Central Saanich expensive for British Columbia?

Above the norm for British Columbia’s towns, whose median home is worth $720,000; Central Saanich’s is worth more.

How many households in Central Saanich are in core housing need?

About as many as elsewhere: 8% of households in Central Saanich, where British Columbia’s towns sit at 10%.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).