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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

$1,375,241

AVERAGE PRICE OF 74 HOMES

$2,821,300

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$791,805

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$679,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,375,241
Avg Bedrooms 2.01 beds
Avg Bathrooms 1.66 baths

Average Price by Bedrooms

1 bedroom $468,010
2 bedrooms $741,312
3 bedrooms $912,418
4 bedrooms $1,650,878
5 bedrooms $1,232,633
Esquimalt Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 73 81 94 94 83
Average Price $1,398,957 $1,382,666 $1,411,094 $1,378,238 $1,370,301
Avg Price Change +1.18% -2.06% +2.38% +0.58% +2.73%
Median Price $756,237 $775,278 $844,201 $838,189 $845,420
Med Price Change -2.52% -8.89% +0.72% -0.86% +6.51%
Avg Bedrooms 2.15 beds 2.28 beds 2.25 beds 2.21 beds 2.22 beds
Avg Bathrooms 1.68 baths 1.74 baths 1.82 baths 1.85 baths 1.94 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 74 $1,375,241 63 days
Multi-Million Dollar Homes 25 $2,821,300 53 days
Newly Built Homes 18 $791,805 113 days
Reduced Price Homes 1 $679,500 20 days