February 2019

February 2019 Oak Bay Real Estate Statistics

Posted on Feb 28, 2019

As of February 28th there were 6 new completed sales in Oak Bay. Average Sales price was $1,470,500.00 at 17 Days on market. There were 7 other properties unconditional but yet to close with an average sale price of $1,387,142.00. Total average of all sales transactions was $1,425,615.00 and 20 days on market compared to January at $1,679,293.00 an...

Read More

2018 Oak Bay Year End Real Estate Market Report

Posted on Feb 26, 2019

2018 was saw a new record set for average home sales in Oak Bay. Overall the average sale price for all of Oak Bay rose to $1,573,997.00, up approximately 8% over 2017 which was $1,462,200.00. There was a total of approximately 164 total sales which was down from 236 in 2017. These sales cover all VREB areas including Uplands, North Oak Bay, South...

Read More