A Drawn Boundary
Oak Bay Village is not an MLS® neighbourhood. This report covers Oak Bay listings within about 800 metres of the village, so its figures will not match South Oak Bay or Oak Bay-wide reports.
Current Oak Bay Village Market Data
Oak Bay Village Housing Market Report
Track current housing market conditions within about a 10-minute walk of Oak Bay Village and Oak Bay Avenue, including asking-price ranges, price per square foot, days on market and recent sales. The figures below are generated from current MLS® data and update as homes are listed, sold or repriced.
Oak Bay Village market caution: This report mixes character and new houses, mid-century condos, new suites and the occasional commercial listing on the Avenue in one small area. Houses sit at much higher prices than condos, so read these figures as a snapshot of the active market rather than a valuation of any one home.
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How to Read the Numbers
Understanding Oak Bay Village Market Data
The village area is small and its homes vary widely, so the statistics are most useful once you know what is driving them.
Houses Lead the Value
Detached houses sit far above condo prices, so the average depends on how many of each are on the market.
Old and New
Listings range from 1910s character houses and 1960s condos to new houses and suites, so age drives much of the price spread.
Active Listings, Not Sold Prices
These statistics describe current asking prices and days on market, not sold values. Valuing a specific home takes recent comparable sales and adjustments for that property.