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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

$1,095,451

AVERAGE PRICE OF 68 HOMES

$2,585,427

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$762,658

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$764,966

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,095,451
Avg Bedrooms 2.04 beds
Avg Bathrooms 1.82 baths

Average Price by Bedrooms

1 bedroom $632,271
2 bedrooms $709,886
3 bedrooms $1,020,307
4 bedrooms $1,174,800
Esquimalt Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 58 53 57 56 54
Average Price $1,124,563 $1,132,239 $1,116,121 $1,118,207 $1,104,586
Avg Price Change -0.68% +1.44% -0.19% +1.23% -5.09%
Median Price $758,815 $744,746 $752,710 $725,837 $727,066
Med Price Change +1.89% -1.07% +3.70% -0.17% -2.07%
Avg Bedrooms 2.03 beds 2.04 beds 2.04 beds 1.98 beds 2.06 beds
Avg Bathrooms 1.77 baths 1.67 baths 1.73 baths 1.73 baths 1.72 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 68 $1,095,451 38 days
Multi-Million Dollar Homes 15 $2,585,427 49 days
Newly Built Homes 23 $762,658 55 days
Reduced Price Homes 3 $764,966 20 days