Tillicum, Victoria - June 2026 Real Estate Report

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

If you own a place in Tillicum and the last number you checked was your BC Assessment, you are leaving real money on the table. Here is what is actually happening on our streets right now.

The Vibe: What the Market Is Doing

The short version? Tillicum is holding steady, and houses here are moving faster than most of Saanich. That is not nothing in this market.

Houses in Tillicum

We are sitting at an average sale price of $890,000, with listings coming in at $874,450 this month. Homes are selling at 96.16% of list price, which means buyers have a little room to negotiate - but not a lot. The bigger story is speed. Our houses are selling in an average of 30 days, which beats nearby Craigflower at 38 days. That gap matters. Faster sales mean less carrying cost and less stress for sellers.

• Average sale price: $890,000
• Average list price this month: $874,450
• Price per square foot: $1,121
• Sale-to-list ratio: 96.16%
• Average days on market: 30 days
• Estimated rent: $4,335 per month
• Rental yield: 4.63%
• Recent value change: up 2.45%
• Growth rank: 5 out of 17 neighbourhoods in Saanich - above average
• Price rank: 15 out of 17 - one of the most affordable entry points in Saanich

That growth rank is worth pausing on. Out of 17 comparable neighbourhoods tracked in Saanich, Tillicum sits in the top third for value growth. We are not the flashiest address, but we are climbing the leaderboard quietly and consistently.

Condos in Tillicum

The condo story here is genuinely interesting. One unit sold at $495,000, coming in just under the $499,999 list price - a 99% sale-to-list ratio. That is basically full price. Condos are also moving fast, ranking 3rd out of 12 comparable neighbourhoods in Saanich for days on market, averaging just 14 days. If you own a condo here and you are thinking about selling, the window is open right now.

• Average sale price: $495,000
• Average list price this month: $499,999
• Price per square foot: $496
• Sale-to-list ratio: 99.00%
• Average days on market: 14 days
• Estimated rent: $4,921 per month
• Rental yield: 3.24%
• Recent value change: up 10.24%
• Growth rank: 6 out of 17 neighbourhoods in Saanich - above average

A 10.24% recent value change on condos is a number that deserves attention. That is not a slow creep - that is real movement.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is the thing about BC Assessments. They are a snapshot from July 1st of the previous year. By the time that letter hits your mailbox, the data is already stale. The market does not wait for paperwork.

The HonestDoor Price for a Tillicum home is currently $1,009,100 - up 1.63% from the previous period. For houses specifically, the predicted market value is $1,048,191, which is trending up from the 3-month moving average of $1,043,597. That is a live, real-world number that reflects what buyers are actually paying right now, not what an assessor calculated months ago from a desk.

Think of your HonestDoor Price as the real-world check on a system that is always running behind. If your assessment says one thing and HonestDoor says another, the gap between those two numbers is the conversation you should be having with your realtor today.

On top of that, the average rental estimate for Tillicum sits at $3,912 per month, and Airbnb potential ranks 19th in Victoria. If you are holding an investment property here, those income numbers are worth factoring into any decision you make this year.

The So What: Should You Sell This Summer?

If you own a house in Tillicum and you have been sitting on the fence, here is the honest read. The market is stable, not surging. Buyers are paying close to list price but not over it. You will not get a bidding war frenzy, but you will get a clean, relatively fast sale - 30 days on average - at a price that reflects real value.

The predicted market value of $1,048,191 for houses is sitting above both the recent sale average and the current listing average. That spread suggests there is still upside being left on the table by sellers who price too conservatively.

For condo owners, the case is even clearer. Units are selling in 14 days at nearly full list price, and the recent growth rate of 10.24% puts Tillicum condos in the top half of all Saanich neighbourhoods. If you are thinking about it, summer is your moment.

Bottom line - Tillicum is one of the most affordable entry points in Saanich, it is growing faster than most of its neighbours, and homes here are selling quicker than the competition. Check your HonestDoor Price today. It is almost certainly a more accurate picture of what your home is worth than anything the city has on file.

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.