Oak Bay Real Estate Market

242 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)
$1,746,500
Sales (12mo)
197
Avg days on market
42
Avg price per sqft
$656
On market now
62 active · 39 pending
Months of supply
3.8

Price index is -5.2% year over year as of July 2026.

Oak Bay detached homes price index

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

Condos in Oak Bay

Median sold (12mo)
$822,500
Sales (12mo)
34
Avg days on market
38
Avg price per sqft
$647
On market now
15 active · 6 pending
Months of supply
5.3

Oak Bay condos price index

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

Townhouses in Oak Bay

Median sold (12mo)
$1,170,000
Sales (12mo)
7
Avg days on market
18
Avg price per sqft
$657
On market now
18 active · 7 pending
Months of supply
30.9

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:

North Oak Bay (19) · Uplands (17) · 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.