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Oak Bay Market Report

$2,668,531

AVERAGE PRICE OF 45 HOMES

$3,295,240

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$3,410,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$998,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,069,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,668,531
Avg Bedrooms 3.53 beds
Avg Bathrooms 3.42 baths

Average Price by Bedrooms

1 bedroom $838,950
2 bedrooms $1,249,100
3 bedrooms $2,226,750
4 bedrooms $2,989,180
5 bedrooms $3,941,670
Oak Bay Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 56 59 58 56 69
Average Price $2,681,498 $2,609,648 $2,658,491 $2,581,397 $2,470,725
Avg Price Change +2.75% -1.87% +2.99% +4.48% -1.79%
Median Price $2,015,600 $2,039,117 $2,051,917 $1,963,872 $1,934,517
Med Price Change -1.17% -0.63% +4.48% +1.52% -9.10%
Avg Bedrooms 3.32 beds 3.27 beds 3.24 beds 3.42 beds 3.55 beds
Avg Bathrooms 3.27 baths 3.11 baths 3.15 baths 3.24 baths 3.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 45 $2,668,531 52 days
Multi-Million Dollar Homes 35 $3,295,240 48 days
Newly Built Homes 4 $3,410,500 62 days
Homes with a Pool 1 $998,000 36 days
Reduced Price Homes 4 $1,069,700 74 days