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Property prices in North Saanich · Census 2021 and Statistics Canada

North Saanich’s median sale is 2.1 times that of British Columbia’s towns

By the 2021 census, half of owned homes were worth more than $1,200,000; the average was $1,322,000. No sale stands behind these values: owners named them at the census of May 2021. Assessors valued the median residential property at $1,410,000 for 2024.

Median home value
$1.2M
owners’ estimate, census 2021
average $1.32M
Median sale price
$1.42M
CHSP, 2023
300 buyers
Median assessed value
$1.41M
all residential, 2024
New homes a year
65
permits, 2018–2023
12.4 per 1,000 homes
What homes are worth

What North Saanich’s homes are worth, three ways

Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$1.2M

median, owners’ estimate

Average
$1.32M
Owners
4,380
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.42M

median sale price

Average sale
$1.53M
÷ buyers’ income
6.6×
Buyers
300
British Columbia’s towns
$682K
Assessed, 2024$1.41M

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

North Saanich’s detached houses are assessed 90% above the median of British Columbia’s towns

Detached houses account for 83% of the 4,665 properties on North Saanich’s 2024 roll; condos for 2%.

Assessed value

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

Detached houses$1.42M
Row houses$181K
Condos$778K
Multi-unit properties$1.55M
The mix of properties
Detached houses83%
Multi-unit properties12%
Row houses3%
Condos2%
2,590 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
1,220 sq ft
living area of the median condo
87%
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

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

The 2021 census counted 5,010 occupied homes in North Saanich; 79% of them are single-detached houses. Half went up before 2001.

When they were built

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

Before 196112%
1961–198030%
1981–200039%
2001–201511%
2016–20218%
What kind of home

Homes by kind

Single-detached houses79%
Semi-detached houses2%
Row houses4%
Flats in a duplex12%
Apartments, under 5 storeys3%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
North SaanichBritish ColumbiaCanada
Condominiums4%10%8%
Needing major repairs3%6%6%
Too small for the household2%4%3%
Households in core housing need6%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

12.4 new homes a year per 1,000 in North Saanich: fewer than British Columbia’s towns (18.1)

From 2018 to 2023, permits in North Saanich created 391 homes, about 65 a year. 54% were single-unit buildings, beside 27% for British Columbia’s towns. Figures for monthly permits are published for the Victoria metro area as a whole, not for North Saanich alone.

Permits by year, 2018–2023

Most in 2020: 103 new homes

Single-unit buildingsTwo or more units
050100150201820192020202120222023
The pace

New homes a year per 1,000 homes

North Saanich12.4
British Columbia’s towns18.1
The typical Canadian town13.8
$30M
of new residential construction a year, 2019–2023
The metro area

4,220 new homes in the 12 months to August 2026, down 5% on the year before

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

North Saanich against British Columbia’s towns: 67% over the $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Cheaper next to North Saanich: Sidney, Electoral Area A, Cowichan Valley and Central Saanich

Next to North Saanich: 2021 census values and the share of owners.

SidneyEast Saanich 2Electoral Area A, Cowichan ValleyCentral SaanichCobble HillHighlandsSidneyEast Saanich 2Electoral Area A, Cowichan ValleyCentral SaanichCobble HillHighlandsNorth Saanich
Prices next door
TownMedian home valueAverageOwnerskm
North Saanich$1.2M$1.32M88%
Sidney$750K$798K77%2.4
East Saanich 2––87%9.2
Electoral Area A, Cowichan Valley$800K$814K88%9.5
Central Saanich$900K$973K80%10.5
Cobble Hill$750K$776K89%11.1
Highlands$1M$1.14M89%15.7

Census 2021 values; km.

Questions about property prices in North Saanich

Is North Saanich expensive for British Columbia?

More than most: British Columbia’s towns have a median of $720,000, and North Saanich sits above it.

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

In North Saanich, 6% of households are in core housing need, against 10% for British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

What is the average house price in North Saanich?

Homes sold for an average $1,530,000 in 2023; the median buyer paid 6.6 times their household income.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).