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

$2,138,328

AVERAGE PRICE OF 40 HOMES

$4,443,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$3,168,893

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$839,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,138,328
Avg Bedrooms 3.34 beds
Avg Bathrooms 3 baths

Average Price by Bedrooms

1 bedroom $822,000
2 bedrooms $973,977
3 bedrooms $1,784,646
4 bedrooms $4,397,744
5 bedrooms $2,735,750
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 40 $2,138,328 90 days
Newly Built Homes n/a n/a n/a
Homes with a Pool 2 $4,443,500 47 days
Multi-Million Dollar Homes 24 $3,168,893 95 days
Reduced Price Homes 1 $839,900 160 days
Distressed Homes n/a n/a n/a