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Esquimalt

Why you'd want to live in Esquimalt

Esquimalt is located in the heart of the Capital Regional District on the southern tip of Vancouver Island four kilometres west of the City of Victoria. Water figures prominently in Esquimalt’s history, location and residents’ lifestyles. Esquimalt is the home of Canada’s naval presence on the West Coast and was first used by the Royal Navy as early as 1837. The original Esquimalt townsite has long since disappeared inside the boundaries of the Canadian Forces Base, which is now the community’s largest employer. Today, close to 18,000 people live in Esquimalt’s varied residential neighbourhoods and enjoy its many amenities including beautiful parks and beaches, scenic waterfront walkways, modern recreational facilities, schools, library, archives, and commercial services. Although it’s an established community, the Township still provides opportunities for new commercial, industrial and residential developments. via esquimalt.ca

Esquimalt Market Report

$1,358,329

AVERAGE PRICE OF 86 HOMES

$2,663,745

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$858,795

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$1,167,200

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,358,329
Avg Bedrooms 2.15 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $580,194
2 bedrooms $793,020
3 bedrooms $1,283,266
4 bedrooms $1,482,588
5 bedrooms $1,212,967
Esquimalt Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 76 63 50 55 60
Average Price $1,333,899 $1,346,249 $1,265,963 $1,180,609 $1,187,504
Avg Price Change -0.93% +6.34% +7.23% -0.58% +6.72%
Median Price $793,770 $757,720 $760,130 $749,450 $810,537
Med Price Change +4.76% -0.32% +1.43% -8.15% +3.52%
Avg Bedrooms 2.2 beds 2.07 beds 1.98 beds 1.94 beds 2.14 beds
Avg Bathrooms 1.92 baths 1.88 baths 1.71 baths 1.6 baths 1.76 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 86 $1,358,329 51 days
Multi-Million Dollar Homes 30 $2,663,745 50 days
Newly Built Homes 25 $858,795 75 days
Reduced Price Homes 4 $1,167,200 38 days