Songhees Real Estate Market
Purpose built waterfront, and every unit was designed for the view.Songhees real estate market values are decided by outlook more completely than any other market in the city, because these buildings exist for one reason and it is what the windows face.
Songhees Real Estate Market Overview
Songhees occupies the former industrial waterfront across the harbour from downtown. It was redeveloped from the late nineteen eighties into a run of residential buildings along the harbour walkway, with the Inner Harbour and the legislature in full view.
The walkway itself connects to the downtown on foot, and the water taxis cross in a few minutes. It is the most complete piece of purpose built waterfront housing in the region.
Building, floor and direction, in that order. Two units of the same size in the same building can be a long way apart on price. Square footage is almost secondary to what you can see from it.
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Songhees: 30 Day Market Movement
(AUG 11, 2026 - SEP 10, 2026)
Songhees: 30 Day Market Movement
How To Read the 30 Day Numbers
- What it shows. Last month's settled sales, the figures reached and how long they were available.
- Why it matters. Volume moves with what happens to be listed. A run of high floor units closing will lift a month considerably without anything about the market having changed.
- Ask yourself. What has been trading on the waterfront?
Songhees sits inside Victoria. Each area below keeps its own report.
Songhees Market Trends: 12 Months to Date
How To Read the 12 Month Trend
- What it shows. A rolling year of strata prices, turnover and time on market.
- Why it matters. The year evens out the effect of which units happened to sell. It also tracks whether the waterfront premium over the rest of Vic West is holding.
- Ask yourself. Is the waterfront premium holding?
Songhees MLS® Activity Feed
How To Read the MLS® Activity Feed
- What it shows. Sold, listed and under contract, live as recorded.
- Why it matters. Building and floor are the whole story here and neither shows in an average. The individual sales are the only meaningful comparison.
- Ask yourself. What sold, in which building and on what floor?
Questions About These Numbers
Yes. Set the subscription on any graph and choose how often.
On foot along the harbour walkway in around fifteen minutes, or by water taxi in a few. Both are genuinely used by residents.
Considerably between buildings, by age and amenities. They are worth examining as closely as the purchase price.
No. Some face the harbour directly, others look inland, and the gap between the two is substantial.
An average across buildings and floors will not reach yours. Recent sales in your own building and what your windows face are what set it. I don't guess your home's value. I prove it using actual market value and real market movement so you can protect your equity and move forward with confidence.
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Ways To Search Songhees
Everyone looking here wants the harbour view and the walk into town. The questions are which building and how high.
Filter below on price. In this market the building and the floor matter more than any other criterion.