The Salt Spring Team

01/06/2026

2025 Salt Spring Island Real Estate Market Update

The Salt Spring Island real estate market in 2025 showed signs of stabilization with selective growth across property types. Median prices edged up overall, well-priced homes sold more quickly, and oceanfront properties continued to play an important role in high-end activity.

We’ve just published a detailed 2025 Year End Market Update breaking down:
• Median prices by property type
• Single-family, condo, land, and oceanfront trends
• Days on market and sales activity
• 10-year historical context for Salt Spring Island

Because we are a small and highly individualized market, context matters. This report is designed to provide clear, practical insight rather than broad assumptions.

👉 Read the full market update here:
https://escapetosaltspring.com/blog.html/salt-spring-island-real-estate-market-update-2025-ye-8884290

If you’d like to understand how these trends apply to your specific property or buying plans, we're always happy to help.

09/04/2025

Here's a quick market update for Salt Spring real estate to the end of August 2025.

Sales for the year to date total 115. The breakdown of these is 81 single family dwellings, 10 townhouse condos, 15 lots, 6 manufactured homes and 3 recreational/other.

The least expensive property was an RV lot in a seasonal, recreational co-op on St. Mary Lake at $127,000.

The highest price sale was a single family dwelling at $1,195,000. The asking price when it was first listed in March was $1,465,000 - that's a steep drop!

There were 20 price reductions and 13 expired or withdrawn listings in the month. This indicates that some sellers are rethinking their pricing strategy to get their homes sold.

The median days on the market in August was 112 which means half the properties have been for sale for more than that. This is a big increase from the prior two years which were 37 and 41 days.

Pricing correctly is critical in this market. There are still lots of buyers but they have some time to look and choose.

Always happy to talk real estate - give us a call. Cheers!

01/03/2025

🌟 Reflecting on 2024: Insights on Salt Spring Island's Real Estate Dynamics 🏡✨

As we transition from 2024 and usher in the opportunities that 2025 holds, we're eager to share our year-end reflection on Salt Spring Island's real estate market. 📊

This year, our community navigated through a complex market landscape, marked by a stabilization in property sales with 184 properties finding new owners. Despite a noticeable adjustment in median property prices—opening the door to more accessible home options—the range of transactions from cozy cottages to expansive waterfront estates illustrates the resilience and diversity of our property market. 🌳🏠

But there's more! Our detailed analysis provides insights with charts and graphs on residential and land sales, alongside expectations for the future market. Whether you're looking to buy, sell, or simply stay informed on local trends, our review offers valuable perspectives. 💡

Moreover, adopting a cautiously optimistic view towards 2025, we outline a few strategies and tips for maneuvering through the market, tailored to both potential buyers and sellers. 📘💼

👉 For a comprehensive look at 2024's market and insights into what's next for Salt Spring Island real estate, click here:

Join us as we delve into the evolving dynamics of our cherished island's real estate scene. Here’s to embracing the challenges and pleasures that 2025 may bring to the Salt Spring Island community! 🎉🍾

Cheers,

June and Scott

09/09/2024

Check out the latest information in the local real estate market. It has shifted to be more in favour of buyers currently ... but we are a small market and that can change quickly.

For more detailed information see https://escapetosaltspring.com/blog.html/salt-spring-island-real-estate-market-update-august-2024-8272918

07/11/2024

04/02/2024

Market Update January to March 2024

There were 37 residential sales in the first three months of the year a substantial increase from 24 sales the same period in 2023. The least expensive sale was a recreational RV lot in a resort for $132,000. The highest sale was $9,900,000 for 14.83 waterfront acres with a luxury home and studio.

The median price for a single family detached home was $1,170,000 - half the properties sold for less than this and half sold for more. In the 2023 timeframe, the median price was $1,055,000.

We look forward to working with you all in the upcoming year.

01/19/2024

After a relentless week of winter … it’s melting. Back to rain and green soon!

07/15/2023

Looking for a list of farmstands? Here is an awesome new resource - check out the google map on this website.

And you can even find us on there - we are BerryHill Farm on Walkers Hook Road.

https://ssifarmstands.com/?fbclid=IwAR34cErbPLwhSuBlilb7R6YooREzQ0gmZGiPSGmPCGb8OZJB8Y7mW1-_m7U

Discover the Unbelievable Bounty of Salt Spring Island, BC

07/12/2023

Sold! Our lovely clients are moving on to new beginnings.

We are grateful to have had the privilege of listing their fabulous home and 10 acre waterfront property. It is a one of a kind, special place.

Congratulations to our sellers and the lucky buyers.

07/09/2023

New Price! $1,699,000

It's time to relax and enjoy the good life ... this 8.6 acre property has everything you could ever want: rolling pasture, mature plantings, fruit trees, and serenely forested area along Cusheon Creek create an idyllic setting.

The house is modern feeling, light-filled and open, with vaulted ceiling and loft area - the perfect setup for you and your family! The sleek, contemporary kitchen features white and gray cabinets combined with stainless steel appliances and quartz countertops. Retreat to the main floor primary suite with pastoral views, deck access, large updated bath and walk-in closet. The bright lower level, with its flexible bedroom and office and workout space (among other possibilities) is perfect for entertaining or using as needed.

If you're looking for the ideal place to set up your hobby or business, this property comes equipped with a 1000sq ft workshop with over-height ceilings and attached one bedroom studio. Come and make your dream a reality here.

Additional photos and information: https://saltspringrealestateagent.com/salt-spring-listings/

07/07/2023

New Price $1,249,000!

Authentic old Salt Spring Character home on on an incredible 10 acre parcel. The 3-bedroom post and beam farmhouse has been extensively renovated with modern amenities while keeping its original charm.

Features - Hardwood floors, vaulted ceilings and a cozy woodstove create a welcoming atmosphere, while a heat pump ensures year-round comfort. The kitchen features a Sweetheart stove for woodfired cooking, gas range, farmhouse cabinetry, open shelving, and a generous pot rack. A clawfoot tub adorns the main bath and the primary ensuite includes a sauna. The home is prewired for sound including the front porch and primary suite deck.

Outdoors, enjoy gardens, pastures, fruit trees, a greenhouse, and a forest bordering Mount Maxwell Park. A 600-sqft cottage provides guest accommodations or additional income. A 1250-sqft insulated, heated barn/workshop, currently a studio, offers flexibility for your own use.

Experience nature, trails, sunny exposures, and the Salt Spring lifestyle that has made the island so sought after.

For more photos and information https://portal.xposureapp.com/listing/Gulf-Islands-BC/160-Lee-Rd/29nze