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homes for sale under $2M in Oak Bay

61 homes for sale under $2M in Oak Bay, median asking $1,325,000 ($367,500 to $1,999,995). That's about $784 per square foot. The typical home has been listed 26 days; 15 came on in the last 7 days. Condos make up 34% of what's for sale.

Currently, 69 homes under $2M are for sale in Oak Bay, with a median asking price of $1,299,900. The median home is 31 days on the market, and 15 new listings appeared in the past week. The median home was built in 1977, and the median price per square foot is $767. The largest share of listings are houses (28), followed by townhouses (20) and condos (21), with median prices of $1,537,500, $1,299,450, and $749,000, respectively. Listings range from 1 to 5+ bedrooms, with 3-bedroom homes making up the largest group (28), at a median of $1,309,900. South Oak Bay has the most listings (25), followed by Henderson (22), North Oak Bay (8), and Estevan (7). Most homes are priced under $1.5M, with 48 in that range. Lincoln Gray has the most multiple listings, with five homes available.
61
homes
$1,325,000
median asking
$368K to $2M
$784
median per sq ft
26 days
median on market
15
listed this week
31 in 30 days
1975
median year built

asking prices

4
8
3
25
21
<$500K
$500–750K
$750K–1M
$1–1.5M
$1.5–2M
$2–3M
$3M+

on the map

by type

typehomesmedian
condos21$749,000
townhouses20$1,299,450
houses20$1,599,450

questions buyers ask

What do homes under $2M in Oak Bay cost?

Median asking price is $1,325,000 across 61 active listings, ranging from $367,500 to $1,999,995, or about $784/sq ft.

How fast are homes selling here?

The median active listing has been on the market 26 days. 15 homes were listed in the last week and 31 in the last 30 days.

How much more is a 3-bedroom than a 2-bedroom?

Median asking is $925,000 for 2 bedrooms (20 listings) and $1,344,900 for 3 bedrooms (23 listings).

What types of homes are for sale?

21 condos (median $749,000), 20 townhouses (median $1,299,450), 20 houses (median $1,599,450).

How old are the homes?

Median year built is 1975 across the listings with a recorded build year.

Statistics are computed from the 61 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.