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Oak Bay Market Report

$2,674,448

AVERAGE PRICE OF 46 HOMES

$3,831,238

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$3,687,450

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$8,440,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$1,850,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,674,448
Avg Bedrooms 3 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $713,950
2 bedrooms $1,335,069
3 bedrooms $1,624,129
4 bedrooms $3,451,333
5 bedrooms $6,471,750
Oak Bay Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 51 73 86 107 122
Average Price $2,478,865 $2,270,759 $2,133,077 $2,120,536 $1,975,969
Avg Price Change +9.16% +6.45% +0.59% +7.32% +2.91%
Median Price $2,117,583 $1,978,450 $1,797,337 $1,921,331 $1,844,833
Med Price Change +7.03% +10.08% -6.90% +4.15% +4.59%
Avg Bedrooms 3.08 beds 3.24 beds 3.21 beds 3.38 beds 3.39 beds
Avg Bathrooms 3.11 baths 3 baths 2.88 baths 3.11 baths 3.01 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 46 $2,674,448 81 days
Multi-Million Dollar Homes 29 $3,831,238 84 days
Newly Built Homes 2 $3,687,450 43 days
Homes with a Pool 2 $8,440,000 94 days
Reduced Price Homes 1 $1,850,000 32 days