Oak Bay Real Estate | Market Review Nov 30, 2018

Real Estate Sales Representative with RE/MAX Camosun Victoria BC Real Estate BC Licence #001159

Oak Bay Real Estate | Market Review Nov 30, 2018


Nov 30/18 Oak Bay Real Estate.. Activity-Indicates heading to a a balanced real estate Market in Oak Bay.


Find Photos and Details Here on Current Oak Bay Homes For Sale.

Oak Bay Real Estate... Sept 2 Single Family Home Stats:

Oak Bay HomeTotal Oak Bay Single Family Home Sales in

November = 20 
Average Oak Bay Home Pending Selling Price in August was $ $1,906,285.

A Single Pending Sale of $7,853,000  Tarn Pl in the Uplands area pushed the Average sale price up

Total Oak Bay Single Family Home Completed Sales in August = 13

 Average Oak Bay Completed Home Selling Price  was $1,601,146

Oak Bay Real Estate.. activity since Jan1 of 2018 indicates it's still a Seller market in Oct with 5 months of inventory of Single Family homes, and heading to a balanced market between home buyers and sellers.

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 Nov 30, 2018

in Oak Bay 49

Average Asking Price = $2,080,815 (67 homes over 1 million dollars for sale)
Average Days on the Market = 56

Single Family Oak Bay Homes Sold in 2018 (completed single family home sales Jan 1/18 to Nonember 30, 2018 =  185

Willows Beach Early in the Morning-Fred Carver Oak Bay
Let's look at what the current Oak Bay Real Estate activity is telling us.....

These Stats indicate Oak Bay Real Estate is currently a still Sellers market, meaning little room to negotiate for Oak Bay home Buyers. 

Information source Victoria Real Estate Board database on Matrix 
Data complied by Fred Carver November 30/ 2018. Fred has over 45 plus years experience selling real estate in Oak Bay for Re/Max Camosun-

#fredcarveroakbay #oakbayrealestate #oakbayhomes.


Oak Bay Real Estate | Market Review | November 30, 2018

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  "Selling Victoria Residential & Income Producing Properties since 1971"



Fred Carver

Personal Real Estate Corporation

RE/MAX Camosun
Accredited Consultant in Real Estate®

“Recognized by ActiveRain as a 2013-2014 Top Contributor for Real Estate Blogging.”

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Over 40 Years Experience selling Real Estate does make a Difference.. call Fred today to Put his 40 years experience to work for You.

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