Oak Bay View Homes Market Report

or Create your own market report
Oak Bay View Home Market Analysis

Oak Bay View Homes Market Report

Track current asking-price patterns, active inventory, price per square foot and market time for Oak Bay view homes, including ocean-view, water-view and coastal-outlook properties near Beach Drive, South Oak Bay, the Uplands, Anderson Hill, McNeill Bay and Gonzales-border areas.

View-market caution: Oak Bay view-home inventory can include character houses, luxury residences, waterfront-adjacent properties and conventional family homes that happen to qualify on view merit. Municipality-wide averages should therefore be read together with the location and property mix behind them. These figures describe active listings rather than completed-sale statistics.
Oak Bay view homes market analysis
Oak Bay View Home Market Current view-home pricing, inventory and market-time analysis
Report Scope

Active Oak Bay View-Home Inventory

This report is intended to track the same active view-home population as the Oak Bay View Homes for Sale page. Keeping the saved-search criteria identical means the search-page map, six statistics, charts and native market-report table all describe the same Oak Bay view-oriented market.

View-qualified homes only: ordinary Oak Bay listings without a meaningful ocean, water, or coastal outlook should not be included in this report, even when located in a recognized view-home neighbourhood. Character homes, luxury residences and waterfront-adjacent properties remain part of the dataset when they satisfy the same view-search criteria.
Inventory & Pricing Analysis

Oak Bay View Home Price, Inventory & Market-Time Charts

These charts summarize the active view-home inventory contained in the native Real Geeks market-report table below. They show current asking-price distribution, days on market and price-per-square-foot patterns rather than completed-sale statistics.

Inventory by Asking-Price Range

Current Oak Bay view homes grouped by asking price.

Days on Market Distribution

Current view homes grouped by market time.

Price per Square Foot

Distribution of active view homes with usable living-area data.

Asking Price and Market Time

Each point compares one current view-home asking price with days on market.

Charts represent current active view-home listings only. Oak Bay view-home inventory can range from conventional family houses and character homes to luxury residences and waterfront-adjacent estates. Changes in that mix can move averages materially. Price-per-square-foot analysis uses only records with usable living-area data.

How to Read the Numbers

What Drives Oak Bay View Home Values

Oak Bay view-home prices reflect far more than bedroom count and interior square footage. View quality, micro-location, property type, privacy and renovation quality can all produce substantial differences between otherwise similar homes.

01

View Quality & Orientation

Panoramic, partial, seasonal and obstructed views can carry very different premiums. Whether the outlook is visible from main living areas or only from upper floors materially affects value.

02

Neighbourhood & Setting

South Oak Bay, Beach Drive, the Uplands, Anderson Hill and McNeill Bay serve different buyer profiles. Village access, privacy, traffic and proximity to the shoreline can materially affect value.

03

Property Type & Architecture

View-qualified inventory can include character homes, luxury residences, waterfront-adjacent properties and conventional family houses. Each property type carries its own value drivers alongside the view itself.

04

Condition & Improvements

Renovation quality, outdoor living space, window placement, lot elevation and major building-system updates can create large differences between view homes of similar size and outlook.

Market Interpretation

Why Oak Bay View Home Averages Can Move Quickly

Oak Bay view-home inventory is heterogeneous. A modest character cottage with a partial water glimpse, a renovated South Oak Bay family home, an elevated Uplands estate and a panoramic Beach Drive residence can all appear in the same view-home dataset while competing at very different price levels.

Average asking price should therefore be interpreted alongside the number and type of active listings. The arrival or sale of a small number of high-value panoramic or waterfront-adjacent properties can move the municipal average without indicating a comparable price change for more modest view homes.

Days on market can also reflect specialization. Well-priced view homes in broadly appealing residential locations may attract a larger buyer pool, while unusual estate properties or homes with a very specific view profile can require more time simply because fewer buyers are seeking that exact combination of location, outlook and improvements.

Local Market Differences

Oak Bay View Home Markets by Area

Municipality-wide statistics are useful for orientation, but view homes are best compared within the relevant micro-market and view profile.

South Oak Bay & Beach Drive

A core area for coastal and ocean-oriented homes, ranging from direct waterfront to water-view properties near the Oak Bay Marina, Victoria Golf Club and McNeill Bay. Established residential settings and long-term prestige are common draws.

The Uplands

Some of Greater Victoria’s most prestigious estate properties, with select homes offering ocean, mountain, garden or treed outlooks depending on elevation, orientation and lot position. Privacy and land quality can matter as much as the view.

Anderson Hill, McNeill Bay & Gonzales Border

Depending on position and elevation, homes here may capture ocean, mountain, city or treed residential outlooks. Exposure, slope, stairs and day-to-day lot function deserve close comparison.

Estevan, Willows & North Oak Bay

Older-housing stock with occasional water glimpses near Willows Beach and Estevan Village. The balance between view quality, original character and practical modernization is a key comparison point.

01 Oak Bay View Homes Browse current view homes with the live map, market statistics and MLS® listings. 02 All Oak Bay Real Estate Expand the search to houses, condos, townhomes and other Oak Bay property types. 03 Oak Bay Waterfront Homes Focus on direct-waterfront properties rather than water-view homes. 04 Oak Bay Character Homes Browse heritage-style and period homes, including those with meaningful views.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1244 Beach Dr 2 3 2,573 $3,229,000 $1,254 1 day
3475 Upper Terrace Rd 6 7 5,878 $6,995,000 $1,190 1 day
3656 Cadboro Bay Rd 4 3 2,713 $2,100,000 $774 2 days
987 Beach Dr 3 3 3,030 $3,250,000 $1,072 3 days
335 King George Terr 3 3 2,955 $2,288,000 $774 6 days
532 Beach Dr 3 3 2,790 $3,245,000 $1,163 7 days
121 Denison Rd 4 7 5,055 $6,995,000 $1,383 7 days
1312 Beach Dr Unit ##105 N/A 1 523 $400,000 $764 13 days
2068 Milton St 5 2 1,912 $1,399,000 $731 15 days
1280 Newport Ave Unit ##302 2 2 1,580 $1,785,000 $1,129 17 days
3022 Cadboro Bay Rd Unit ##2 3 3 2,103 $2,050,000 $974 17 days
231 Hidden Pt 4 6 4,236 $5,349,000 $1,262 22 days
100 King George Terr 5 3 3,583 $3,549,900 $990 28 days
2345 Cedar Hill Cross Rd Unit ##125 2 2 1,612 $1,220,000 $756 34 days
430 St. Patrick St 4 6 3,055 $3,499,000 $1,145 37 days
2323 Hamiota St Unit ##402 2 2 1,173 $749,000 $638 41 days
141 Denison Rd 3 3 3,996 $3,600,000 $900 41 days
3445 Beach Dr 5 9 10,486 $9,495,000 $905 42 days
2179 Crescent Rd 4 4 3,710 $3,199,000 $862 43 days
2168 Esplanade 8 4 4,248 $3,495,000 $822 52 days
218 Beach Dr 6 3 3,306 $2,299,900 $695 55 days
2345 Cedar Hill Cross Rd Unit ##104 2 2 1,633 $1,075,000 $658 62 days
1270 Beach Dr Unit ##305 2 1 1,020 $475,000 $465 64 days
3022 Cadboro Bay Rd Unit ##1 3 3 2,103 $1,999,000 $950 72 days
2345 Cedar Hill Cross Rd Unit ##124 3 3 2,211 $1,125,000 $508 80 days
3565 Beach Dr 6 6 6,780 $3,590,000 $529 88 days
2114 Marne St 6 4 4,201 $3,795,000 $903 92 days
1580 Beach Dr 4 6 7,787 $5,650,000 $725 91 days
1270 Beach Dr Unit ##307 2 2 1,219 $749,000 $614 94 days
250 King George Terr 4 5 3,869 $2,490,000 $643 94 days
318 Newport Ave 3 3 3,226 $4,249,000 $1,317 98 days
374 Sunset Ave 5 7 5,789 $4,949,900 $855 108 days
376 King George Terr 4 4 3,427 $2,688,000 $784 119 days
291 King George Terr Unit #A N/A N/A N/A $2,699,000 Unknown 138 days
309 King George Terr 2 3 2,129 $3,650,000 $1,714 141 days
295 King George Terr 4 4 3,694 $6,500,000 $1,759 161 days
261 King George Terr 5 5 6,061 $5,745,000 $947 162 days
3175 Beach Dr 12 10 14,629 $27,999,000 $1,913 231 days
1175 Beach Dr Unit #505 2 3 2,129 $4,300,000 $2,019 248 days
176 Barkley Terr N/A N/A N/A $2,100,000 Unknown 303 days
2086 Marne St 4 3 2,495 $4,750,000 $1,903 351 days
1069/1101 Beach Dr N/A N/A N/A $52,500,000 Unknown 398 days
Average: 4.0 3.9 3,715 $5,077,850 $1,010 88 days
Viewing 1 - 42 of 42
Viewing 1 - 42 of 42
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1211 Beach Dr Unit ##103 3 2 1,668 $1,790,000 $1,073 36 days
Average: 3.0 2.0 1,668 $1,790,000 $1,073 36 days
Viewing 1 - 1 of 1
Viewing 1 - 1 of 1

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.