Oak Bay Market Report

$2,417,670

AVERAGE PRICE OF 79 HOMES

$2,715,531

AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES

$3,422,238

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$5,283,000

AVERAGE PRICE OF 3 HOMES WITH A POOL

$1,868,225

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,417,670
Avg Bedrooms 3.49 beds
Avg Bathrooms 3.03 baths

Average Price by Bedrooms

1 bedroom $466,950
2 bedrooms $1,636,433
3 bedrooms $2,418,677
4 bedrooms $2,727,900
5 bedrooms $2,953,907
Oak Bay Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 76 84 83 79 n/a
Average Price $2,400,423 $2,394,714 $2,431,338 $2,519,731 n/a
Avg Price Change +0.24% -1.53% -3.64% n/a n/a
Median Price $2,034,850 $1,857,898 $2,018,067 $2,117,940 n/a
Med Price Change +9.52% -8.62% -4.95% n/a n/a
Avg Bedrooms 3.36 beds 3.39 beds 3.45 beds 3.49 beds n/a
Avg Bathrooms 2.97 baths 2.97 baths 3.08 baths 3.13 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 79 $2,417,670 51 days
Multi-Million Dollar Homes 68 $2,715,531 50 days
Newly Built Homes 8 $3,422,238 36 days
Homes with a Pool 3 $5,283,000 50 days
Reduced Price Homes 4 $1,868,225 58 days