Oak Bay Market Report

$2,308,416

AVERAGE PRICE OF 70 HOMES

$2,531,907

AVERAGE PRICE OF 62 MULTI-MILLION DOLLAR HOMES

$2,397,980

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$5,283,000

AVERAGE PRICE OF 3 HOMES WITH A POOL

Average Home

Average Price $2,308,416
Avg Bedrooms 3.61 beds
Avg Bathrooms 3 baths

Average Price by Bedrooms

1 bedroom $499,000
2 bedrooms $1,341,612
3 bedrooms $2,138,480
4 bedrooms $2,663,946
5 bedrooms $2,870,507
Oak Bay Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 78 76 84 83 79
Average Price $2,358,998 $2,400,423 $2,394,714 $2,431,338 $2,519,731
Avg Price Change -1.76% +0.24% -1.53% -3.64% n/a
Median Price $1,964,035 $2,034,850 $1,857,898 $2,018,067 $2,117,940
Med Price Change -3.61% +9.52% -8.62% -4.95% n/a
Avg Bedrooms 3.45 beds 3.36 beds 3.39 beds 3.45 beds 3.49 beds
Avg Bathrooms 3 baths 2.97 baths 2.97 baths 3.08 baths 3.13 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 70 $2,308,416 52 days
Multi-Million Dollar Homes 62 $2,531,907 51 days
Newly Built Homes 5 $2,397,980 33 days
Homes with a Pool 3 $5,283,000 60 days