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Oak Bay Market Report

$2,685,187

AVERAGE PRICE OF 110 HOMES

$3,174,285

AVERAGE PRICE OF 89 MULTI-MILLION DOLLAR HOMES

$4,148,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$5,971,200

AVERAGE PRICE OF 5 HOMES WITH A POOL

$2,876,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $2,685,187
Avg Bedrooms 3.6 beds
Avg Bathrooms 3.18 baths

Average Price by Bedrooms

1 bedroom $559,266
2 bedrooms $939,257
3 bedrooms $2,173,310
4 bedrooms $3,513,116
5 bedrooms $3,181,132
Oak Bay Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 90 78 74 78 93
Average Price $2,516,448 $2,453,235 $2,653,099 $2,807,707 $2,540,254
Avg Price Change +2.58% -8.15% -5.83% +10.53% -9.74%
Median Price $1,933,077 $1,834,435 $1,871,167 $2,040,325 $1,966,517
Med Price Change +5.38% -2.00% -9.04% +3.75% -10.57%
Avg Bedrooms 3.39 beds 3.5 beds 3.52 beds 3.64 beds 3.43 beds
Avg Bathrooms 3.06 baths 3.06 baths 3.15 baths 3.32 baths 3.09 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 110 $2,685,187 47 days
Multi-Million Dollar Homes 89 $3,174,285 45 days
Newly Built Homes 4 $4,148,500 23 days
Homes with a Pool 5 $5,971,200 62 days
Reduced Price Homes 3 $2,876,333 72 days