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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

$1,088,378

AVERAGE PRICE OF 62 HOMES

$2,643,193

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$752,875

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$1,190,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,088,378
Avg Bedrooms 2 beds
Avg Bathrooms 1.76 baths

Average Price by Bedrooms

1 bedroom $517,521
2 bedrooms $871,936
3 bedrooms $986,016
4 bedrooms $1,259,000
5 bedrooms $1,400,000
Esquimalt Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 54 55 65 70 58
Average Price $1,104,586 $1,160,862 $1,281,770 $1,240,970 $1,118,737
Avg Price Change -5.09% -10.42% +3.29% +10.93% +20.48%
Median Price $727,066 $742,093 $801,010 $806,099 $788,592
Med Price Change -2.07% -7.94% -0.64% +2.22% +4.29%
Avg Bedrooms 2.06 beds 2.08 beds 2.32 beds 2.33 beds 2.39 beds
Avg Bathrooms 1.72 baths 1.8 baths 2.01 baths 2.05 baths 2.04 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 62 $1,088,378 62 days
Multi-Million Dollar Homes 14 $2,643,193 56 days
Newly Built Homes 32 $752,875 102 days
Reduced Price Homes 1 $1,190,000 7 days