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

oak bay greater victoria victoria victoria urban royal jubilee hospital

Oak Bay Market Report

$2,746,657

AVERAGE PRICE OF 43 HOMES

$3,410,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$998,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$3,257,762

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$1,216,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $2,746,657
Avg Bedrooms 3.97 beds
Avg Bathrooms 3.9 baths

Average Price by Bedrooms

1 bedroom $848,500
2 bedrooms $1,349,685
3 bedrooms $2,168,500
4 bedrooms $2,734,325
5 bedrooms $4,427,237
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 43 $2,746,657 49 days
Newly Built Homes 4 $3,410,500 56 days
Homes with a Pool 1 $998,000 31 days
Multi-Million Dollar Homes 35 $3,257,762 46 days
Reduced Price Homes 3 $1,216,333 84 days
Distressed Homes n/a n/a n/a