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new construction homes for sale in South Oak Bay, Oak Bay

6 new construction homes for sale in South Oak Bay, Oak Bay, median asking $2,312,500 ($1,195,000 to $4,200,000). That's about $875 per square foot. The typical home has been listed 96 days; 2 came on in the last 7 days. Houses make up 50% of what's for sale.

Built in 2025 or later, including homes still under construction.

View 6 homes →
6
homes
$2,312,500
median asking
$1.2M to $4.2M
$875
median per sq ft
96 days
median on market
2
listed this week
2 in 30 days
2026
median year built

asking prices

2
1
3
<$500K
$500–750K
$750K–1M
$1–1.5M
$1.5–2M
$2–3M
$3M+

on the map

newest listings

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questions buyers ask

What do new construction homes in South Oak Bay, Oak Bay cost?

Median asking price is $2,312,500 across 6 active listings, ranging from $1,195,000 to $4,200,000, or about $875/sq ft.

How fast are homes selling here?

The median active listing has been on the market 96 days. 2 homes were listed in the last week and 2 in the last 30 days.

What types of homes are for sale?

3 houses (median $3,595,000), 3 townhouses (median $1,295,000).

How old are the homes?

Median year built is 2026 across the listings with a recorded build year.

Statistics are computed from the 6 active MLS® listings matching this page at render time and refresh hourly with the feed. Medians, not averages, so one outlier can't move them.