StreetIndex · B.C. housing markets
Sooke, indexed.
Every home for sale in Sooke, read like a stock: a nightly asking index, confirmed monthly sales, and its own index for each neighbourhood and home type.
- 247 active listings
- 9 neighbourhoods
Price index · updated nightly
Sooke, indexed.
Asking index from active listings, updated nightly · sold index from monthly sales · not an appraisal
It’s an index, not a median price · how it works
Think of it as an index fund for Sooke homes.The S&P 500 doesn’t report the “median stock”. It follows a basket, so it moves when the market moves, not when the mix changes. This index works the same way: every active listing is a holding, priced per square foot and scaled to one standard home. When it rises, comparable homes are asking more. It doesn’t rise just because bigger homes came on the market.
Asking index (green/red line):Every night we take the active listings in this index, divide each asking price by its square footage, find the median $/sq ft, and multiply by a standard 1,500 sq ft home. Because it’s size-adjusted, a week of big or small listings doesn’t skew it.
Sold index (blue line): The median sold price over the last 3 months, recalculated monthly. A hollow dot means the latest month is still coming in.
Why the two lines differ:Sellers usually ask more than homes sell for, and the asking line is adjusted for size while the sold line isn’t.
Not an appraisal. Your home’s value depends on its size, condition and location.
Property-type indexes
Neighbourhood indexes
Related markets
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From local and national news sources