North Quadra, Victoria - June 2026 Real Estate Report

North Quadra Real Talk: Your Home Is Worth More Than The City Thinks

If you own a place in North Quadra and you have not checked your numbers lately, now is the time. The market here is not flashy, but it is steady - and steady in Victoria right now is actually a good thing.

The Vibe: What Is Happening With Houses and Condos

Let us break it down by property type, because the two stories are pretty different right now.

Houses - Holding Strong

Houses in North Quadra are doing what most homeowners want to see: quiet, consistent gains. The HonestDoor Price for a house here sits at $1,023,949, up 1.59% from the previous period. The predicted market value is even higher at $1,201,066, and that number is climbing - it is up from the 3-month moving average of $1,197,576.

• Average sale price: $957,000
• Active listings averaging: $1,049,333
• Price per square foot: $792
• Homes are selling at 99.98% of list price - basically full ask
• Average days on market: 15 days
• Estimated monthly rent: $4,754
• Rental yield: 4.38%
• Recent value change: 2.32%

Fifteen days on market is fast. That tells us buyers are not sleeping on North Quadra houses when they hit the listings. On the neighbourhood leaderboard, houses here rank 4 out of 17 in Saanich for speed of sale - that is a top-quartile result. For price growth, we sit at 8 out of 17, which puts us in above-average territory. And for affordability, we rank 14 out of 17 - meaning we are one of the more accessible entry points compared to neighbours like Broadmead, where prices are significantly higher.

Condos - A Bit More Patience Required

The condo picture is a little more nuanced. The HonestDoor Price for condos in North Quadra is $879,700, which has dipped 0.73% from the previous period. Sales are coming in around $870,000, and buyers are negotiating a bit harder - properties are selling at 96.88% of list price, which means there is some room to move on price.

• Average sale price: $870,000
• Active listings averaging: $898,000
• Price per square foot: $792
• Average days on market: 44 days
• Predicted market value: $572,942
• Estimated monthly rent: $2,709
• Rental yield: 3.75%
• Recent value change: 5.68%

Forty-four days on market is the honest signal here - condo buyers are taking their time. On the neighbourhood leaderboard, condos rank 13 out of 17 in Saanich for growth and 7 out of 12 for days on market, which puts us in slower-selling territory. The upside? North Quadra condos rank 4 out of 12 for price in Saanich - we are above average in value compared to most of the city. If you own a condo here, you are sitting on a premium asset. You just need to price it right and give it a little runway.

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 July 1st of the previous year. By the time it lands in your mailbox, it is already old news. The market has moved, interest rates have shifted, and your neighbour down the street just sold for a number that is not reflected anywhere in that government document.

The HonestDoor Price is updated in real time. It pulls from actual sales data, current listing activity, and market trends - not a calendar date from six months ago. For North Quadra house owners, that means the real-world number is sitting at $1,023,949 on the HonestDoor side, with a predicted value pushing toward $1,201,066. That gap between what the city thinks your home is worth and what the market actually says is exactly why checking your HonestDoor Price right now is worth five minutes of your time.

If you are a condo owner, the same logic applies. Your HonestDoor Price of $879,700 is the live read on where buyers are actually operating - not where they were operating last summer.

The So What - Should You Sell This Summer?

If you own a house in North Quadra and you have been thinking about listing, the conditions are about as good as you can reasonably hope for right now. Homes are moving in 15 days, buyers are paying essentially full list price, and you are sitting in a neighbourhood that ranks above average for growth in Saanich. The rental income potential of $4,754 a month also means buyers who are on the fence about purchasing have a strong investment case to consider - which only helps your negotiating position.

If you own a condo, the honest advice is this: price it sharp from day one. The 44-day average tells us that overpriced condos are sitting. But the buyers are there - North Quadra condos are priced above most of Saanich, and the 5.68% recent value change shows real momentum underneath the surface. Get the pricing right and you will find your buyer. Get greedy on the list price and you will be doing a price reduction in week three.

Either way, the first move is the same - check your HonestDoor Price at honestdoor.com and get a current, data-backed read on where you actually stand. Do not make a six-figure decision based on a number the city calculated before last winter.

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.