British Columbia

Oak Bay Real Estate Market Report

Updated January 13, 2026

96
Active Listings
$2453K
Avg Price
$1948K
Median Price
70
Avg Days on Market
25
New (30 Days)
$761
$/Sq Ft

Market Overview

Market Type
Buyer's Market
Inventory Level
High
Price Range
$228K - $7.5M

The Oak Bay real estate market currently has 96 active listings with an average price of $2453220 and median price of $1947500. Properties are spending an average of 70 days on market, indicating a high inventory environment.

Price Distribution

Under $500K9 listings
$500K-$750K6 listings
$750K-$1M6 listings
$1M-$1.5M23 listings
$1.5M-$2M26 listings
Over $2M50 listings

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Average Property

Bedrooms3.5
Bathrooms3.0
Price/Sq Ft$761
Days on Market70

New Activity

Last 7 Days+22
Last 30 Days+25

Market data is calculated from active MLS listings as of January 13, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.