Colwood Real Estate

Colwood real estate sits at the entrance to Greater Victoria's West Shore, about 20 minutes from downtown Victoria on the Old Island Highway. It is the community most buyers land on when they want newer construction and an ocean view without paying Oak Bay or Fairfield prices. Current listings, active counts and area statistics update live on this page.

What Colwood actually trades like

Colwood's reputation is "the affordable West Shore option," and on total purchase price that holds. The part buyers miss is that the saving usually comes from location and lot size rather than from a lower price per square foot. Colwood's housing stock skews newer than Greater Victoria as a whole, and newer homes carry a per-foot premium. You are typically buying more house, more recently built, further from the core — not a cheaper house. Check the live statistics panel on this page for current figures before you form a view.

Colwood neighbourhoods

Colwood divides into eleven MLS® pockets and they do not trade alike:

  • Royal Bay — the newest and most in demand. Oceanview lots, new construction, a village centre still building out.
  • Latoria and Olympic View — newer homes near the golf course, popular with families moving from the core.
  • Colwood Corners and Triangle — the most walkable and the most common entry point into the market.
  • Hatley Park and Lagoon — the older character stock, closest to the water and to Royal Roads.
  • Wishart North, Wishart South, Sun Ridge and Colwood Lake — established residential, mostly detached, quieter streets.

Who Colwood suits

Colwood works well for buyers who want a newer detached home with a yard and can accept a commute into Victoria. It works less well if you need to be walking distance to downtown amenities or want a character home — that stock is limited here.

Where to look next

If Colwood is at the top of your budget, Langford next door carries far more inventory at comparable pricing. If being closer to downtown matters more than square footage, look at View Royal or Esquimalt. If you want acreage and will trade commute time for it, Metchosin is the natural comparison.

Thinking about selling in Colwood? Start with a free home evaluation. Amit Khatkar, REALTOR®, eXp Realty — Victoria, BC.

DFH Real Estate - Sidney
Pemberton Holmes Ltd.

Colwood - Town vs. Region Stats

Avg Price in Colwood: $1,007,200 / Region Avg $1,022,900

98%

Avg Taxes in Colwood: $4,300 / Region Avg $4,300

100%

Avg Sq. Ft. in Colwood: 1,998 / Region Avg 2,027

99%

Avg Price per/sqft in Colwood:$504 / Region Avg $505

100%

Avg Year Built in Colwood: 2005 / Region Avg 2004

100%

Avg Days on Website in Colwood: 56 / Region Avg 54

104%

Colwood Real Estate Market Health

New Listings