Oak Bay Real Estate Market

264 homes have sold in Oak Bay in the last 12 months. The figures below come from BC MLS® sold data and update daily.

Detached homes in Oak Bay

Median sold (12mo)
$1,750,000
Sales (12mo)
217
Avg days on market
42
Avg price per sqft
$655
On market now
67 active · 42 pending
Months of supply
3.7

Price index is +1.2% year over year as of June 2026.

Oak Bay detached homes price index

1690164Jul 2001Dec 2013Jun 2026
Price index, normalized · 25 years of data

Condos in Oak Bay

Median sold (12mo)
$769,000
Sales (12mo)
37
Avg days on market
34
Avg price per sqft
$637
On market now
23 active · 4 pending
Months of supply
7.5

Oak Bay condos price index

64278492Sep 2001Jul 2013Jan 2026
Price index, normalized · 13 years of data

Townhouses in Oak Bay

Median sold (12mo)
$1,271,500
Sales (12mo)
8
Avg days on market
20
Avg price per sqft
$722
On market now
19 active · 6 pending
Months of supply
28.5

Other property types

Too few sales in the last 12 months to report a reliable median:

  • Half duplexes: 1 sale

Neighbourhoods in Oak Bay

Smaller neighbourhoods

Fewer than 20 sales in the last 12 months — not enough for their own market page:

Gonzales (6)

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Data from BC MLS® sold records, last 12 months. Medians are shown only where there were enough sales to be meaningful. Not an appraisal.