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Oak Bay Market Report

$2,940,390

AVERAGE PRICE OF 32 HOMES

$3,431,396

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$3,056,250

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$2,890,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,940,390
Avg Bedrooms 3.63 beds
Avg Bathrooms 3.53 baths

Average Price by Bedrooms

2 bedrooms $1,575,000
3 bedrooms $2,293,833
4 bedrooms $2,810,750
5 bedrooms $5,166,960
Oak Bay Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings 39 47 56 59 58
Average Price $2,832,192 $2,728,100 $2,681,498 $2,609,648 $2,658,491
Avg Price Change +3.82% +1.74% +2.75% -1.87% +2.99%
Median Price $2,485,681 $2,137,865 $2,015,600 $2,039,117 $2,051,917
Med Price Change +16.27% +6.07% -1.17% -0.63% +4.48%
Avg Bedrooms 3.48 beds 3.51 beds 3.32 beds 3.27 beds 3.24 beds
Avg Bathrooms 3.49 baths 3.48 baths 3.27 baths 3.11 baths 3.15 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 32 $2,940,390 53 days
Multi-Million Dollar Homes 27 $3,431,396 49 days
Newly Built Homes 4 $3,056,250 63 days
Reduced Price Homes 1 $2,890,000 48 days