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

$2,459,566

AVERAGE PRICE OF 80 HOMES

$3,837,249

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$4,913,333

AVERAGE PRICE OF 3 HOMES WITH A POOL

$3,136,123

AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES

$2,890,975

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,459,566
Avg Bedrooms 3.81 beds
Avg Bathrooms 3.36 baths

Average Price by Bedrooms

1 bedroom $527,260
2 bedrooms $939,918
3 bedrooms $1,824,190
4 bedrooms $3,045,473
5 bedrooms $3,345,230
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 80 $2,459,566 56 days
Newly Built Homes 4 $3,837,249 67 days
Homes with a Pool 3 $4,913,333 89 days
Multi-Million Dollar Homes 59 $3,136,123 55 days
Reduced Price Homes 4 $2,890,975 77 days
Distressed Homes n/a n/a n/a