Colwood Townhome Market Report

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Colwood Townhome Market Analysis

Colwood Townhome Market Report

Track current asking-price patterns, active inventory, price per square foot and market time for townhouses and strata townhomes throughout Colwood, including Royal Bay, Latoria, Hatley, Wishart, Triangle Mountain and other established Westshore neighbourhoods.

Townhome-market caution: Colwood has a varied townhouse market spanning older strata complexes, newer Royal Bay and Latoria construction, garage townhomes, family-oriented layouts, patio-style residences and view properties. Changes in the mix of active listings can move averages materially. These figures describe active listings rather than completed-sale statistics.
Colwood townhome market analysis and townhouse inventory
Colwood Townhome Market Current townhouse pricing, inventory and market-time analysis
Report Scope

Active Colwood Townhome Inventory

This report tracks the same active townhouse and townhome population as the Colwood Townhomes for Sale page. Because both use the same search, that page’s map and six statistics, these charts and the listings table below all describe the same Colwood townhome market.

Townhomes only: detached houses, ordinary apartment condos, manufactured homes and vacant land are not included. Attached strata homes, townhouse-style units, duplex-style strata residences and patio-home-style properties are included only when they meet the same townhome criteria.
Inventory & Pricing Analysis

Colwood Townhome Price, Inventory & Market-Time Charts

These charts summarize the active Colwood townhome inventory contained in the market-report table below. They show current asking-price distribution, days on market and price-per-square-foot patterns rather than completed-sale statistics.

Inventory by Asking-Price Range

Current Colwood townhomes grouped by asking price.

Days on Market Distribution

Current Colwood townhomes grouped by market time.

Price per Square Foot

Distribution of active townhomes with usable living-area data.

Asking Price and Market Time

Each point compares one current Colwood townhome asking price with days on market.

Charts represent current active Colwood townhome listings only. Colwood townhome inventory can include newer Royal Bay and Latoria units, older established complexes, garage townhomes, family-oriented strata homes and view properties at substantially different price points. Changes in that mix can materially affect averages and distributions. Price-per-square-foot analysis uses only records with usable living-area data.

How to Read the Numbers

What Drives Colwood Townhome Values

Colwood townhouse values reflect more than bedroom count and interior square footage. Exact location, strata quality, construction age, parking, outdoor space, layout and future capital obligations can produce substantial differences between superficially similar units.

01

Strata Condition & Financial Planning

Review depreciation reports, contingency reserve funding, insurance, meeting minutes, maintenance history and planned capital work. Roofing, siding, windows, private roads, drainage and retaining structures can create meaningful future costs in townhouse complexes.

02

Layout, Parking & Outdoor Space

One-level patio-home layouts, garages, visitor parking, private yards, patios, storage and practical floor plans can materially affect buyer demand. Stairs and multi-level layouts can also matter to downsizers.

03

Pet, Rental & Use Bylaws

Pet rules, age restrictions, rental provisions, EV charging, parking rules and use of common property can influence both suitability and resale appeal. Buyers should verify the registered strata bylaws rather than relying solely on listing remarks.

04

Location Within Colwood

Royal Bay, Latoria, Hatley, Wishart, Triangle Mountain and central Colwood can differ substantially in age, density, outlook, walkability, school access and commute exposure. Location within the municipality can materially affect both buyer demand and resale value.

Market Interpretation

Why Colwood Townhome Averages Can Shift

Colwood townhome inventory is smaller and less uniform than the detached housing market. A change in the number of newer Royal Bay units, older established townhouses, larger garage homes or premium view properties can noticeably affect average asking price, size, price per square foot and days on market.

The local product mix also matters. A newer Royal Bay townhouse, an established Hatley or Wishart strata home, a garage-equipped Latoria unit and an elevated townhome with a view can compete at substantially different price points even when bedroom counts and interior areas appear similar.

Days on market should be interpreted in the same way. A well-priced unit with a practical layout, garage, useful outdoor space and strong strata documentation may appeal to a broad buyer pool, while unusual layouts, restrictive bylaws, major anticipated capital work or premium pricing can lengthen market exposure.

Local Market Differences

Colwood Townhome Markets by Area

Municipality-wide statistics are useful for orientation, but townhomes are best compared with similar strata properties in the relevant local setting and age range.

Royal Bay

Royal Bay is a major source of newer Colwood townhome inventory. Buyers often compare construction age, garage and driveway parking, outdoor space, school access, walkability, ocean exposure and the effect of surrounding ongoing development.

Latoria & South Colwood

Latoria-area townhomes can offer newer construction, family-oriented layouts and access to trails, parks and Royal Bay amenities. Road access, future development, traffic patterns and practical commuting routes are important comparison points.

Hatley, Wishart & Central Colwood

Established areas can include older strata complexes and attached homes close to Royal Roads University, schools, transit and daily services. Building age, strata condition, parking, noise transfer and renovation history can have a meaningful effect on value.

Triangle Mountain & Elevated Areas

Elevated Colwood locations may offer mountain, ocean or city outlooks. Buyers should distinguish between genuine view premiums and ordinary elevation while also considering slope, driveway access, wind exposure, retaining structures and commute convenience.

01 Colwood Townhomes Browse current townhouses with the live map, townhome statistics and MLS® listings. 02 Colwood Condos Compare apartment-style strata inventory and condominium options throughout Colwood. 03 All Colwood Real Estate Expand the search to houses, condos, waterfront homes, view properties and other Colwood real estate. 04 Colwood Area Guide Review Royal Bay, Hatley, Wishart, Latoria, local amenities, transportation and neighbourhood context.
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
370 Latoria Blvd Unit ##17 4 3 1,404 $785,000 $559 1 day
3657 Quarry St Unit ##73 3 3 1,736 $849,900 $489 1 day
3439 Trumpeter St Unit ##6 3 3 1,331 $679,900 $510 2 days
3439 Trumpeter St Unit ##5 4 3 1,512 $699,900 $462 2 days
614 Granrose Terr Unit ##10 3 4 3,266 $1,224,900 $375 9 days
368 Tradewinds Ave Unit ##12 2 3 1,533 $729,900 $476 10 days
486 Royal Bay Dr Unit ##41 3 3 1,993 $825,000 $413 14 days
3352 Ryder Hesjedal Way Unit ##6 3 4 2,020 $869,900 $430 16 days
3352 Ryder Hesjedal Way Unit ##31 4 3 1,811 $859,900 $474 16 days
3352 Ryder Hesjedal Way Unit ##1 3 4 2,096 $879,900 $419 17 days
539 Delora Dr Unit ##118 3 3 2,067 $1,195,000 $578 21 days
3501 Coastal Dr Unit ##102 3 3 1,350 $899,900 $666 22 days
3548 Seabluff Cres Unit ##302 3 3 1,328 $999,900 $752 22 days
3650 Citadel Pl Unit ##10 2 3 2,057 $999,500 $485 25 days
551 Bezanton Way Unit ##1 3 3 2,333 $999,900 $428 28 days
3439 Trumpeter St Unit ##1 4 3 1,550 $809,900 $522 29 days
3439 Trumpeter St Unit ##2 4 3 1,552 $769,900 $496 29 days
370 Latoria Blvd Unit ##23 3 3 1,393 $750,000 $538 33 days
255 Caspian Dr Unit ##38 2 3 1,159 $693,900 $598 36 days
3657 Quarry St Unit ##42 3 3 2,026 $949,900 $468 36 days
3657 Quarry St Unit ##43 3 3 1,840 $974,900 $529 36 days
255 Caspian Dr Unit ##60 3 3 1,420 $798,000 $561 38 days
3921 Olympian Way Unit ##20 3 3 1,684 $999,900 $593 43 days
539 Delora Dr Unit ##119 3 3 1,995 $1,169,000 $585 56 days
571 Bezanton Way Unit ##1 3 3 1,464 $774,400 $528 58 days
639 Kildew Rd Unit ##9 2 2 1,389 $589,900 $424 60 days
2330 Sooke Rd Unit ##8 3 3 2,219 $774,900 $349 66 days
370 Latoria Blvd Unit ##50 3 3 1,597 $737,000 $461 89 days
368 Tradewinds Ave Unit ##45 2 3 1,500 $775,000 $516 91 days
3638 Restoration Way Unit ##20 2 2 1,361 $949,900 $697 112 days
2330 Sooke Rd Unit ##10 3 3 1,822 $899,900 $493 115 days
368 Tradewinds Ave Unit ##82 2 3 1,506 $719,900 $478 126 days
368 Tradewinds Ave Unit ##105 4 4 1,847 $849,900 $460 126 days
172 Belmont Rd Unit ##2 3 3 1,585 $659,999 $416 170 days
3638 Restoration Way Unit ##11 2 2 1,361 $1,049,900 $771 183 days
368 Tradewinds Ave Unit ##107 4 4 1,847 $899,900 $487 273 days
Average: 3.0 3.1 1,720 $863,733 $514 56 days
Viewing 1 - 36 of 36
Viewing 1 - 36 of 36

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