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Oak Bay Market Report

$1,834,490

AVERAGE PRICE OF 189 HOMES

$2,170,663

AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES

$1,643,959

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$3,819,578

AVERAGE PRICE OF 5 HOMES WITH A POOL

$1,984,888

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $1,834,490
Avg Bedrooms 3.62 beds
Avg Bathrooms 3.12 baths

Average Price by Bedrooms

1 bedroom $560,980
2 bedrooms $1,188,254
3 bedrooms $1,525,095
4 bedrooms $1,864,278
5 bedrooms $2,340,746
Oak Bay Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 205 194 151 120 105
Average Price $1,923,590 $1,884,291 $1,735,097 $1,725,957 $1,775,296
Avg Price Change +2.09% +8.60% +0.53% -2.86% -4.69%
Median Price $1,495,125 $1,510,532 $1,403,943 $1,494,645 $1,291,860
Med Price Change -1.03% +7.59% -6.46% +15.70% +1.12%
Avg Bedrooms 3.64 beds 3.57 beds 3.37 beds 3.34 beds 3.25 beds
Avg Bathrooms 3.19 baths 3.15 baths 2.93 baths 2.95 baths 2.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
61 Mount Douglas 9 $1,381,699 51 days
61 Oak Bay 138 $1,973,961 123 days
61 Reynolds 1 $1,699,000 74 days
63 Claremont 1 $2,150,000 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 189 $1,834,490 106 days
Multi-Million Dollar Homes 142 $2,170,663 81 days
Newly Built Homes 27 $1,643,959 380 days
Homes with a Pool 5 $3,819,578 41 days
Reduced Price Homes 16 $1,984,888 58 days
RE/MAX Alliance
Glen Glowinski
770B Hillside Ave
Victoria, BC V8T 1Z6
250-217-1205

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