Hillside Quadra, Victoria - July 2026 Real Estate Report

Hillside Quadra Is Holding Its Ground - Here Is What Your Home Is Actually Worth Right Now

If you live in Hillside Quadra and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real market says something else entirely. Here is the straight story on what is happening in our neighbourhood right now.

The Vibe: Houses vs. Condos

Houses - Steady, Competitive, and Moving Fast

We are in a solid spot for houses right now. The average sale price is sitting at $791,000, and homes are actually selling for above asking - buyers paid 100.09% of list price on average. That is not a fluke. That is a sellers' market doing its job.

• Average sale price: $791,000
• Current average listing price: $789,700
• Price per square foot: $650
• Average days on market: 14 days
• Sale-to-list ratio: 100.09% - buyers are paying over ask
• Predicted market value: $1,054,643 - up from the 3-month average of $1,037,844
• Estimated monthly rent: $4,365 with a rental yield of 4.59%
• Recent value change: up 3.95%

Fourteen days on market is quick. We are one day slower than Oaklands right now, so the market is taking a small breather - but buyers are still showing up ready to compete. On the neighbourhood leaderboard, our house growth rate ranks 4 out of 14 comparable Victoria neighbourhoods. That puts us firmly in above-average territory. And for price? We rank 11 out of 13, meaning we are still one of the more affordable options in the city. That combination - affordable and growing - is exactly what buyers are hunting for.

Condos - Tight Supply, Strong Demand, Buyers Fighting for Units

The condo story in Hillside Quadra is even more competitive. Only one condo sold last month, but it sold at 102.42% of list price. When buyers are paying over asking on condos, that tells us supply is tight and demand is real.

• Average sale price: $593,000 - higher than Oaklands condos at $490,000
• Current average listing price: $579,000
• Price per square foot: $555
• Average days on market: 10 days - faster than Oaklands at 13 days
• Sale-to-list ratio: 102.42% - buyers are paying well over ask
• Predicted market value: $1,505,842 - up from the 3-month average of $1,502,665
• Estimated monthly rent: $4,677 with a rental yield of 3.23%
• Recent value change: -2.13%

Ten days on market for condos is fast. We are outpacing Oaklands on speed, and our average sale price beats them by over $100,000. On the neighbourhood leaderboard, our condo growth rate ranks 7 out of 14 - right in the above-average range. Price rank comes in at 8 out of 14, which puts us in the middle of the pack for Victoria condos. Not the cheapest, not the priciest - a reasonable entry point with real rental upside at $4,677 per month.

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

Here is the thing about your BC Assessment notice. It is a snapshot from last July. The market does not care about last July. It cares about right now.

For houses in Hillside Quadra, the average assessed value is $988,487. The average HonestDoor Price is $1,039,265. That is a $50,778 gap - and it is the difference between what the government thinks your home is worth and what a buyer would actually pay today. The HonestDoor Price runs 5.14% higher than the assessed value, and it updates in real time as the market moves.

For condos, the gap is even more striking. The average assessed value sits at $484,677. The average HonestDoor Price is $1,502,480. That is a 210% difference. If a condo owner in Hillside Quadra is making decisions based on their assessment alone, they are working with a number that is wildly out of step with reality.

The HonestDoor Price is your real-world check. It is built on current transaction data, not a government formula that gets updated once a year. With 1,255 houses and 784 condos assessed in the neighbourhood this year, there is a strong data foundation behind these numbers. Check yours at HonestDoor before you do anything else.

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

If you are a homeowner in Hillside Quadra and you are weighing a summer sale, the conditions are working in your favour right now. Here is the honest breakdown.

For house sellers - buyers are paying over asking, homes are moving in two weeks, and your predicted value of $1,054,643 is trending up. You are sitting in a neighbourhood that ranks 4 out of 14 for growth in Victoria. That is a strong story to tell a buyer. Pricing it right matters though - we are one day slower than Oaklands, so do not get greedy on the list price and stall out.

For condo sellers - ten days on market and a 102.42% sale-to-list ratio means demand is outrunning supply right now. If you have been sitting on the fence, a tight-inventory summer market is about as good as it gets. Your predicted value of $1,505,842 is nudging upward, but the recent 3-month trend shows a modest -2.13% shift, so timing still matters.

For anyone thinking about renting instead of selling - houses are pulling $4,365 per month with a 4.59% yield, and condos are pulling $4,677 per month. Those are not numbers to ignore if you want to hold the asset and generate income while you wait for the next move.

Bottom line - Hillside Quadra is not the flashiest neighbourhood on the Victoria leaderboard, but it is consistent, competitive, and undervalued relative to what buyers are actually paying. Pull your HonestDoor Price today and see where you really stand.

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.