Oak Bay

Why you'd want to live in Oak Bay

Oak Bay is a picturesque suburban community located on the southern tip of Vancouver Island. With a population of approximately 18,000, it forms part of the Greater Victoria urban area, and, along with 12 other municipal governments, comprises the Capital Regional District. The municipality is bordered by the Strait of Juan de Fuca to the south, Haro Strait to the east, the District of Saanich to the north and north-west, and the City of Victoria to the south-west. Along with other adjoining bodies of water, the Strait of Juan de Fuca and Haro Strait were officially renamed the Salish Sea in 2010; however the old names are also still in use. via oakbay.ca

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Oak Bay Market Report

$3,135,661

AVERAGE PRICE OF 21 HOMES

$3,096,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$3,408,421

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $3,135,661
Avg Bedrooms 3.75 beds
Avg Bathrooms 3.65 baths

Average Price by Bedrooms

1 bedroom $439,000
2 bedrooms $2,250,000
3 bedrooms $2,736,800
4 bedrooms $2,628,000
5 bedrooms $5,290,600
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 21 $3,135,661 53 days
Newly Built Homes 2 $3,096,500 22 days
Homes with a Pool n/a n/a n/a
Multi-Million Dollar Homes 19 $3,408,421 57 days
Reduced Price Homes n/a n/a n/a
Distressed Homes n/a n/a n/a