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Oak Bay Market Report

$2,845,194

AVERAGE PRICE OF 79 HOMES

$3,389,619

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$4,492,557

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$4,870,500

AVERAGE PRICE OF 4 HOMES WITH A POOL

$1,842,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $2,845,194
Avg Bedrooms 3.67 beds
Avg Bathrooms 3.35 baths

Average Price by Bedrooms

1 bedroom $461,300
2 bedrooms $968,564
3 bedrooms $2,175,238
4 bedrooms $2,544,744
5 bedrooms $3,682,308
Oak Bay Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 93 94 97 95 87
Average Price $2,540,254 $2,787,795 $2,997,195 $3,059,270 $3,092,626
Avg Price Change -9.74% -7.51% -2.07% -1.09% +5.34%
Median Price $1,966,517 $2,174,350 $2,421,150 $2,532,200 $2,711,317
Med Price Change -10.57% -11.35% -4.59% -7.07% +15.67%
Avg Bedrooms 3.43 beds 3.71 beds 3.84 beds 3.84 beds 3.69 beds
Avg Bathrooms 3.09 baths 3.41 baths 3.56 baths 3.59 baths 3.59 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 79 $2,845,194 60 days
Multi-Million Dollar Homes 64 $3,389,619 59 days
Newly Built Homes 7 $4,492,557 64 days
Homes with a Pool 4 $4,870,500 37 days
Reduced Price Homes 2 $1,842,000 67 days

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