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OAK BAY REAL ESTATE, VICTORIA BRITISH COLUMBIA

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Residential homes in Oak Bay are some of the finest in the City and across Canada.


Search here for a FREE current list of Oak Bay MLS listings

Oak Bay is a Municipality located on the South East Side of the City of Victoria.
Victoria is the Capital City of British Columbia located on the Southern tip of Vancouver Island off the west coast of Canada next to the Pacific Ocean.

Oak Bay itself is made of several neighborhoods and reference is made to these areas of Oak Bay when locals are looking for homes to purchase or sell.
The Oak Bay neighborhoods are referred to are as follows.
South Oak Bay
Gonzales
North Oak Bay
Estevan
Henderson
and The Uplands


The Oak Bay Population in the 2006 Census shows there are 17,908 people residing throughout the .
Municipality
Oak Bay has a heritage of British culture. Residents are known as living behind the "Tweed Curtain" (the municipality border along Foul Bay road).

The Oak Bay Municipality was incorporated in 1906. Before incorpoation from the mid 1800 many fur traders, farmers and the Songhee's First Nation people made up the local landscape living near the Hudson Bay Company's Fort Victoria . Prior to these times the Spanish and English explored the waters around Vancouver Island and Oak Bay in search of the North West passage and trade with the local natives. Check out the Oak Bay Heritage web site  and the History of Oak Bay website for more information about the making of Oak Bay.



This Small Muncipality of Oak Bay also has two 19 hole world class Golf course's where the game of Golf is played 365 days of the year.

Uplands Golf Course founded in 1922
Victoria Golf Club founded in 1893


Located at the North end of the Municipality half of the University of Victoria is located in Oak Bay.
Oak Bay is within
School District 61. There is only one public elementary school, Willows Elementary School, one public middle school, Monterey Middle School, and one public high school, Oak Bay Secondary School, in Oak Bay. Residents in the South Oak Bay area may also register their children at the nearby Margaret Jenkins Elementary (in Victoria). There is also one junior private school located in Oak Bay: Glenlyon Norfolk School.

Oak Bay also has a very active recreation for all ages throughout the Municipality, Check out the Recreation Oak Bay  web site

 


View Oak Bay Muncipality in a larger map


OAK BAY REAL ESTATE BLOG


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Oak Bay Real Estate Blog

March 2023

Victoria Oak Bay Real Estate Market Update

Oak Bay Real Estate | Market Review March 1, 2023

  •  Oak Bay Real Estate.. Activity-Indicates we’re still in a strong real estate market in the municipality of Oak Bay.
  •  Find Photos and more listing Details: Here’s a Current list of Oak Bay Homes For Sale.
  • Oak Bay Real Estate… March, 2021 Single Family Home Stats:
  • Total Oak Bay Single Family Home Pending Sales = 52 
  • Average Oak Bay Home Pending Selling Price in February was $1,937,783.
  • Total Oak Bay Single Family Home SALES & Pending Sales January 1/23 to March 1/23 = 19
  • This report may not indicate a market trend in the coming months in Oak Bay BC, however it should give you an idea of the current Oak Bay Real Estate activity with Oak Bay single family homes,  (since January).
  •  Number of Single Family Homes Currently For Sale on March  1, 2023 in Oak Bay Total = 50
  •  Average Asking Price = $2,960,708 (all homes for sale are over 1 million dollars)
  • Average Days on the Market = 45
  •  Let’s look at what the current Oak Bay Real Estate activity is telling us…..
  • These Stats indicate Oak Bay Real Estate is still a strong market, meaning little room to negotiate for Oak Bay home Buyers. 
  • Information source Victoria Real Estate Board database on Matrix. 

COMPLIAMENTARY OAK BAY REAL ESTATE HOME VALUATION


PLANNING ON SELLING YOUR HOME IN OAK BAY BC NOW OR IN THE NEAR FUTURE?

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