Harris Green, Victoria - August 2026 Real Estate Report

Harris Green, Victoria: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own in Harris Green and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment is a snapshot from the past. The real market is moving right now - and the story is different depending on whether you own a house or a condo.

Houses: The Quiet Overachiever

Houses in Harris Green are sitting at an average HonestDoor Price of $1,435,556 - up 0.65% from last period. That's not a fireworks show, but it's steady, and steady wins in a market where a lot of neighbourhoods are flat or sliding.

• Average HonestDoor Price: $1,435,556
• Predicted market value: $1,426,318
• 3-month moving average: $1,515,064 (current values are pulling back from that peak)
• Estimated monthly rent: $5,245
• Rental yield: 4.49% - solid, not spectacular
• Airbnb estimate: $261 per night - ranked 7th in all of Victoria
• Growth rank: 1 out of 14 neighbourhoods in Victoria

That growth rank is the number to pay attention to. Out of 14 comparable neighbourhoods tracked in Victoria, Harris Green houses are sitting at the top of the leaderboard. Your neighbours in Downtown, North Park, and Fernwood are all coming in cheaper on the house side. Being the top-ranked neighbourhood for growth means demand here isn't going away quietly.

The one flag worth noting: the predicted value of $1,426,318 is running below the 3-month moving average of $1,515,064. That gap tells us prices have softened a bit from their recent high. Not a crash - more like a breather after a strong run.

Condos: A Buyer's Market Is Forming - Sellers, Pay Attention

The condo picture in Harris Green is more complicated, and we should be honest about it. The average HonestDoor Price is $507,975 - which is actually 3.59% higher than the city's average assessed value of $490,381. So if you're a condo owner relying on your tax assessment to know what your place is worth, you're already starting from a number that's too low.

• Average assessed value: $490,381
• Average HonestDoor Price: $507,975 (3.59% above assessed value)
• Recent price change: down 0.54% from last period
• Average sale price this month: $280,000 (down 36.7% from last month)
• Average list price this month: $299,000
• Sale-to-list ratio: 93.65% - buyers are negotiating below asking
• Days on market: 58 days average
• Estimated monthly rent: $2,472
• Rental yield: 3.86%
• Airbnb estimate: $123 per night
• Properties assessed this year: 1,841
• Transactions in 2026: 24
• Growth rank: 7 out of 14 neighbourhoods in Victoria
• Days-on-market rank: 13 out of 14 - one of the slowest-selling condo markets in the city
• Price rank: 13 out of 14 - among the most affordable condos in Victoria

We're not going to sugarcoat this. Condos here are taking longer to sell than in Downtown (39 days) and North Park (52 days). Only one condo sold this month. The sale price came in well below list, and buyers are clearly in the driver's seat right now. This is a cooling market - and if you're a condo owner thinking about selling, timing and pricing strategy matter a lot more than they did a year ago.

The one silver lining: the predicted value of $510,730 is ticking up slightly against the 3-month moving average of $510,013. It's a small move, but it suggests the floor might be stabilizing.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about BC Assessments - they're calculated using data that's already months old by the time it lands in your mailbox. The market doesn't wait for paperwork.

For condo owners in Harris Green, the HonestDoor Price is already running $17,594 higher than the average city assessment. That's real money that a static government number is leaving invisible. For house owners, the HonestDoor Price is being updated in real time, tracking actual market movement - including that recent softening from the 3-month peak - so you're not making decisions based on a number that hasn't caught up to reality yet.

Think of the HonestDoor Price as the real-world check. It's what the market is actually saying your home is worth today - not what a formula said it was worth last July.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Harris Green, you're in a genuinely strong position. You're in the number one growth neighbourhood on the Victoria leaderboard. Comparable areas are cheaper. Rental demand is real. If you're thinking about selling this summer, the window is open - but watch that gap between the current predicted value and the 3-month high. Pricing sharp and early matters more than waiting for the market to come back to its peak.

If you own a condo, the honest advice is this: move with urgency or move with patience - there's no middle ground right now. Buyers know they have leverage. Properties are sitting for nearly two months on average. If you need to sell this summer, price it to compete from day one. The sale-to-list ratio of 93.65% tells you that overpricing is getting punished fast. If you can wait, the stabilizing predicted value suggests the worst of the dip may be close to done.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, set a list price, or make any decision about your Harris Green property. The city's assessment is a starting point - your HonestDoor Price is where the real conversation begins.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.