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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

$1,239,781

AVERAGE PRICE OF 70 HOMES

$2,316,188

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$929,627

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$815,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,239,781
Avg Bedrooms 2.13 beds
Avg Bathrooms 1.83 baths

Average Price by Bedrooms

1 bedroom $525,950
2 bedrooms $747,538
3 bedrooms $1,147,206
4 bedrooms $1,437,580
5 bedrooms $1,399,966
Esquimalt Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 57 67 79 72 73
Average Price $1,197,885 $1,297,893 $1,356,548 $1,396,322 $1,398,957
Avg Price Change -8.35% -4.52% -2.93% -0.19% +1.18%
Median Price $782,456 $805,670 $854,466 $815,253 $756,237
Med Price Change -2.97% -6.06% +4.81% +7.80% -2.52%
Avg Bedrooms 1.9 beds 1.91 beds 2.08 beds 2.02 beds 2.15 beds
Avg Bathrooms 1.58 baths 1.6 baths 1.7 baths 1.68 baths 1.68 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 70 $1,239,781 64 days
Multi-Million Dollar Homes 24 $2,316,188 62 days
Newly Built Homes 18 $929,627 96 days
Reduced Price Homes 1 $815,000 26 days