Executive Summary
The Sooke, British Columbia real estate market is currently classified as a balanced market. The median asking price is $800K.
There are currently 247 active listings. Inventory has increased 42.8% compared to last month.
Currently, listings spend an average of 48 days on market and the average price per square foot is $478.
Detached properties make up the largest share of the Sooke market at 59% of active listings with an average price of $1.2M. Condo listings follow at 41% (avg $862K).
Sales Activity & Absorption
Volume
Market Signals
74 new listings appeared in the past month.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Otter Point | 8 | $808K |
| Silver Spray | 7 | $2.3M |
| East Sooke | 6 | $1.5M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Sooke market currently has 247 active listings with a median price of $800K.
- Low price reduction rate (0% of listings)
- Slow-moving market (48 avg days on market)
- Average price per square foot is $478
Market data is calculated from active and recently sold MLS listings as of February 28, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.