Colwood

Why you'd want to live in Colwood

Colwood is one of the West Shore municipalities of Langford, Metchosin, View Royal and the Highlands, located to the west of Victoria. This region is known as the Western Communities, or West Shore, and stretches from Esquimalt Harbour to Rocky Point, along the shoreline of Juan de Fuca Strait. Although only incorporated in 1985, Colwood has a rich heritage dating back to the 18th century and is proud of its many historic landmarks, such as Hatley Castle and Fisgard Lighthouse. Originally one of four large farms established by the Hudson’s Bay Company in the 1850’s to supply the steadily increasing population of Fort Victoria, Colwood is now itself a thriving satellite city in the largely residential area of the Western Communities. Today, Colwood in the Western Communities is one of the most rapidly growing municipalities in the greater Victoria area, with a variety of recreational opportunities and facilities.The community of Colwood is very proud of its history and heritage. Learn more about the The History of Colwood. Hatley Park is Canada’s largest and most diverse National Historic site. At the centre of this authentic and beautifully preserved 565-acre Edwardian estate is a magnificent castle built in 1908 by former British Columbia Premier and coal baron, James Dunsmuir. Enjoy tours of Hatley Castle, visit the museum, or stroll through the Japanese, Italian, and Rose Heritage Gardens. Visitors can also participate in one of the many visitor programs, or enrol in a garden workshop, attend a special seasonal event, or grab a bite to eat at the Habitat Cafe while visiting Hatley Park National Historic Site. Hatley Castle and the park grounds are now home to Royal Roads University. The Royal Roads University and Gardens are surrounded by an urban forest containing elements of all biotic zones of Vancouver Island except alpine and coastal rain forest. via Vancouverisland.com

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Colwood Market Report

$1,192,486

AVERAGE PRICE OF 159 HOMES

$1,636,151

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$952,042

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$2,400,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,130,467

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,192,486
Avg Bedrooms 3 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $533,662
2 bedrooms $807,927
3 bedrooms $1,212,462
4 bedrooms $1,330,564
5 bedrooms $1,385,275
Colwood Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 146 136 121 110 108
Average Price $1,173,834 $1,187,580 $1,148,649 $1,096,085 $1,086,447
Avg Price Change -1.17% +3.39% +4.80% +0.89% -4.53%
Median Price $1,005,164 $1,002,105 $988,100 $959,046 $931,950
Med Price Change +0.31% +1.42% +3.03% +2.91% -6.17%
Avg Bedrooms 2.96 beds 2.92 beds 2.97 beds 2.98 beds 2.96 beds
Avg Bathrooms 2.53 baths 2.59 baths 2.58 baths 2.59 baths 2.57 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 159 $1,192,486 87 days
Multi-Million Dollar Homes 79 $1,636,151 44 days
Newly Built Homes 63 $952,042 153 days
Homes with a Pool 1 $2,400,000 10 days
Reduced Price Homes 6 $1,130,467 39 days