Blog by Brenda Russell

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Oak Bay Stats from the Victoria Real Estate Board for the month of May:

Oak Bay had a total of 32 home sales.  The average price was $772,350.  Six condominium sales in Oak Bay with the average price being $322,917.  One lot sold for $1,125,000.  Year to date there have been 111 sales all together in Oak Bay.

Four homes sold in the price range of $1,000.000. - $4,999,999.  Year to date there have been a total of 17 homes selling in this price range.  

Oak Bay is considered the community that most exemplifies the Victoria lifestyle with its beautiful homes, famous gardens and tastefully quaint shops and fine restaurants.  Located east of downtown, it has a beautiful coastline overseeing both the Strait of Georgia and the Strait of Juan de Fuca and is home to the well known Victoria Golf Club, the Royal Victoria Yacht Club, the Oak Bay Marina and a number of very fine private and public schools.