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Oak Bay Market Report

$1,963,292

AVERAGE PRICE OF 139 HOMES

$2,328,101

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$2,543,458

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$3,356,667

AVERAGE PRICE OF 3 HOMES WITH A POOL

$1,309,150

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,963,292
Avg Bedrooms 3.5 beds
Avg Bathrooms 3.18 baths

Average Price by Bedrooms

1 bedroom $474,955
2 bedrooms $1,220,704
3 bedrooms $2,046,806
4 bedrooms $2,061,976
5 bedrooms $2,518,133
Oak Bay Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 132 141 111 93 108
Average Price $1,958,139 $2,003,455 $2,099,963 $2,054,247 $2,140,503
Avg Price Change -2.31% -4.82% +2.23% -4.20% +0.12%
Median Price $1,668,135 $1,711,429 $1,823,810 $1,736,886 $1,698,874
Med Price Change -2.60% -6.57% +5.00% +2.24% +3.38%
Avg Bedrooms 3.6 beds 3.74 beds 3.8 beds 3.8 beds 3.78 beds
Avg Bathrooms 3.11 baths 3.24 baths 3.38 baths 3.39 baths 3.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
61 Mount Douglas 7 $1,040,643 69 days
61 Oak Bay 101 $2,126,748 66 days
61 Reynolds 1 $548,150 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 139 $1,963,292 63 days
Multi-Million Dollar Homes 108 $2,328,101 65 days
Newly Built Homes 19 $2,543,458 60 days
Homes with a Pool 3 $3,356,667 43 days
Reduced Price Homes 6 $1,309,150 49 days