South Oak Bay Real Estate Market

South Oak Bay is in Oak Bay. There have been 120 sales here in the last 12 months. The figures below come from BC MLS® sold data and update daily.

Detached homes in South Oak Bay

Median sold (12mo): $1,850,000
Sales (12mo): 87
Avg days on market: 43
Avg price per sqft: $701
On market now: 32 active · 15 pending
Months of supply: 4.4

Oak Bay detached homes price index is -5.2% year over year as of July 2026.

Oak Bay detached homes price index

Price index, normalized · 25 years of data

Condos in South Oak Bay

Median sold (12mo): $822,500
Sales (12mo): 30
Avg days on market: 35
Avg price per sqft: $634
On market now: 14 active · 4 pending
Months of supply: 5.6

Oak Bay condos price index

Price index, normalized · 13 years of data

Other property types

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

Townhouses: 2 sales, 4 currently listed
Half duplexes: 1 sale

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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.