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Oak Bay

Why you'd want to live in Oak Bay

We are a picture perfect, welcoming pocket of Victoria known for its spectacular seaside, vibrant villages, tree lined boulevards and exquisite Edwardian architecture. Unhurried and tranquil, Oak Bay is the perfect place to relax and explore at your own pace. via oakbaytourism.com

Oak Bay Market Report

$2,789,723

AVERAGE PRICE OF 56 HOMES

$3,170,138

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$3,998,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$2,450,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

Average Home

Average Price $2,789,723
Avg Bedrooms 3.32 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

1 bedroom $419,000
2 bedrooms $1,099,250
3 bedrooms $2,055,158
4 bedrooms $4,323,587
5 bedrooms $3,762,408
Oak Bay Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 70 96 105 110 113
Average Price $2,623,021 $2,406,295 $2,479,252 $2,542,962 $2,608,647
Avg Price Change +9.01% -3.03% -2.57% -2.58% -0.24%
Median Price $1,861,411 $1,797,950 $1,847,615 $2,105,235 $2,384,356
Med Price Change +3.53% -2.76% -13.94% -13.26% +0.33%
Avg Bedrooms 3.36 beds 3.31 beds 3.32 beds 3.51 beds 3.56 beds
Avg Bathrooms 3.04 baths 2.89 baths 2.97 baths 3.15 baths 3.17 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 56 $2,789,723 69 days
Multi-Million Dollar Homes 48 $3,170,138 63 days
Newly Built Homes 3 $3,998,000 45 days
Homes with a Pool 1 $2,450,000 45 days

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