Millwill-Selwyn, Langford - July 2026 Real Estate Report

Millwill-Selwyn, Langford: What Your Neighbours Are Not Telling You About Home Values Right Now

If you live in Millwill-Selwyn and you have not checked your property value lately, you might be working off a number that is already out of date. Here is what is actually happening on the ground in 2026.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Millwill-Selwyn right now, and it matters which side of that split your property sits on.

Houses are taking a bit of a breather. The average HonestDoor Price sits at $903,325, down 1.91% from the previous period. Actual sales are telling a different story though - the average sale price hit $1,350,000, with homes selling in just 13 days on average. The catch? Buyers are paying about 96.68% of list price, so if you price too high, you will feel it. We are in a stable buyers market for houses right now, which means pricing strategy is everything.

• Average HonestDoor Price (Houses): $903,325 (down 1.91%)
• Average Sale Price: $1,350,000
• Price Per Square Foot: $350
• Average Days on Market: 13
• Sale-to-List Ratio: 96.68%
• Estimated Monthly Rent: $3,932
• Rental Yield: 4.83%
• Growth Rank: 4 out of 13 neighbourhoods in Langford - above average

Condos are a different conversation entirely. Values are up 0.29% and condos here are ranked 2nd out of 13 Langford neighbourhoods for growth - that puts us near the top of the leaderboard. Condos are also moving fast, ranking 1st out of 6 for days on market. The one condo that sold in 2026 went for exactly list price at $542,000. No negotiating. That is a balanced market doing its job.

• Average HonestDoor Price (Condos): $580,151 (up 0.29%)
• Average Sale Price: $542,000
• Price Per Square Foot: $564
• Average Days on Market: 28
• Sale-to-List Ratio: 100%
• Estimated Monthly Rent: $2,530
• Rental Yield: 3.87%
• Growth Rank: 2 out of 13 neighbourhoods in Langford - top performer

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here is the thing about your BC Assessment notice - it is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already months old. The market does not wait for paperwork.

The HonestDoor Price is updated in real time. For houses in Millwill-Selwyn, the predicted market value is $920,954, trending up from the 3-month moving average of $917,275. For condos, the predicted value is $578,444. These numbers move with the market - not with a government calendar.

If you are a house owner and your tax assessment is sitting well above $920,954, you might actually have grounds to appeal it and lower your property tax bill. If it is sitting below that number, you know your real equity position is stronger than the city thinks. Either way, the HonestDoor Price is the real-world check you need before making any decision.

Compare that to nearby neighbourhoods. Crystal View houses are averaging $909,937 and Station-Centennial Park sits at $681,795. Millwill-Selwyn houses are priced at a premium for a reason - and your assessment may not reflect that gap accurately.

The So What: Thinking About Selling This Summer?

Straight talk - here is what the data means for you depending on what you own.

If you own a house: The market is not broken, but it is not on fire either. Buyers are negotiating, and homes are selling at about 3% below list price on average. That means your list price has to be sharp from day one. The 13-day average days on market tells us that well-priced homes are still moving quickly. Price it right and you will not be sitting. Price it with wishful thinking and you will be doing price reductions by August.

If you own a condo: You are in a better spot than you might think. Condos here are ranking near the top of Langford for growth and selling at full list price. Supply is tight - only 1 transaction so far in 2026 - which means a well-presented condo hitting the market this summer could see strong interest. Your $578,444 predicted value also beats nearby Crystal View condos at $538,589, which gives you a real edge in buyer comparisons.

Bottom line - check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you assume your tax assessment tells the whole story. It does not. The numbers above do.

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.