HOMES FOR SALESELL MY HOMEACADEMYTOOLSAbout

Relta Real Estate, by Ray Rasouli

Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

Built for rational decisions, transparent process, and practical next steps.

Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca

Start with the journey that fits your next move.

Find your deal

HOMES FOR SALE

Get my shortlistMortgage Calculator

SELL MY HOME

Get Property ValueShould You Sell Now?Find Tenants

TOOLS

CompareSimilar Property FinderMortgage Calculator

ACADEMY

Buyer CourseSeller CourseLandlord Course

SUPPORT

+1 (778) 910-6917ray@relta.caAbout

Real Broker B.C. Ltd.

© 2026 Ray Rasouli · Real Broker B.C. Ltd. All rights reserved.

Privacy PolicyTerms of ServiceReferral DisclosureRelta Agent PrivacyRelta Agent Terms

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

®MLSReciprocity
Home/Sell your home/Oak Bay

Local seller guide

Sell a home in Oak Bay.

See the current asking-price range, local competition, likely selling costs, and the next step toward a property-specific value.

Active listings

121

Median asking price

$1,800,000

33%

Enter the home address you'd like appraised.

Your address helps identify recent sales and market activity nearby. The valuation is prepared personally, not by an algorithm.

Unit or suite
Property address
City
Postal code

The market sellers are entering

Active competition

121 listings

Median asking price

$1,800,000

Current asking range

$399,000 to $52,500,000

Most common home type

Mixed housing

Oak Bay has a varied mix of homes currently competing for buyer attention.

The Oak Bay median is 0% above the Oak Bay median asking price of $1,800,000.

Figures reflect active asking prices, not final sale prices.

Estimate what could remain after selling

Start with the neighbourhood median, then replace it with the sale price and costs that fit your property.

Start with the expected sale

Adjust every amount. The commission shown is an illustrative starting point only and remains fully editable.

Expected sale price
Mortgage balance to repay
Commission before GST

Commission is negotiated in your listing agreement.

Legal and discharge fees
Mortgage penalty, if any
Preparation and moving costs
Other selling costs

Estimated net proceeds

$1,346,225

Expected sale price, less mortgage payout and estimated selling costs.

Expected sale price

$1,800,000

Mortgage payout

-$400,000

Commission

-$49,500

GST on commission

-$2,475

Other entered costs

-$1,800

Use the property, not an assumption

Get a more grounded value range.

Return to the CMA form to add the address, property type, condition, and timing.

Go to the CMA form

Important: estimates only

This result is an estimate based on the amounts you enter. Real estate commission is negotiated in your listing agreement. Mortgage payout, penalties, legal fees, taxes, adjustments, and other costs vary. Confirm the final figures with your brokerage, lender, lawyer or notary, and accountant before making a decision.

Current local competition

These active listings shape buyer expectations in Oak Bay. A CMA adds recent sales and property-level adjustments.

Sold and off-market numbers

Sold in the last 90 days

Median sold price

Sale-to-list ratio

Median days to off-market

Pending right now

Expired or terminated (90 days)

Homes competing for buyers in Oak Bay

#1 – 3022 Cadboro Bay Road
47

$1,999,000

#1 – 3022 Cadboro Bay Road

Oak Bay · Residential

3 bd

3 ba

2,103 sqft

$951/sqft

Built 2026

MLS® 1042642

View Details

Alexandrite Real Estate Ltd.

#204 – 2119 Oak Bay Avenue
53

$895,000

#204 – 2119 Oak Bay Avenue

Oak Bay · Residential

2 bd

2 ba

1,532 sqft

$584/sqft

Built 1983

MLS® 1034564

View Details

RE/MAX Camosun

#302 – 2340 Oak Bay Avenue
41

$599,000

#302 – 2340 Oak Bay Avenue

Oak Bay · Residential

3 bd

2 ba

1,531 sqft

$391/sqft

Built 1969

MLS® 1040752

View Details

Newport Realty Ltd.

309 King George Terrace
48

$3,650,000

309 King George Terrace

Oak Bay · Residential

2 bd

3 ba

2,130 sqft

$1,714/sqft

Built 1931

MLS® 1033136

View Details

Engel & Volkers Vancouver Island

#1 – 3513 Henderson Road
25

$1,394,900

#1 – 3513 Henderson Road

Oak Bay · Residential

3 bd

4 ba

1,850 sqft

$754/sqft

Built 2026

MLS® 1030783

View Details

RE/MAX Camosun

100 King George Terrace
51

$3,649,900

100 King George Terrace

Oak Bay · Residential

5 bd

3 ba

3,583 sqft

$1,019/sqft

Built 1947

MLS® 1043163

View Details

Oakwyn Realty Ltd.

#205 – 2125 Oak Bay Avenue
27

$749,900

#205 – 2125 Oak Bay Avenue

Oak Bay · Residential

2 bd

2 ba

1,177 sqft

$637/sqft

Built 1977

MLS® 1042730

View Details

Pemberton Holmes Ltd.

2251 Eastdowne Road
25

$1,450,000

2251 Eastdowne Road

Oak Bay · Residential

5 bd

3 ba

2,504 sqft

$579/sqft

Built 2004

MLS® 1041593

View Details

Macdonald Realty Victoria

#102 – 1400 Newport Avenue
52

$525,000

#102 – 1400 Newport Avenue

Oak Bay · Residential

2 bd

2 ba

970 sqft

$541/sqft

Built 1961

MLS® 1031334

View Details

Royal LePage Coast Capital - Chatterton

2442/2462 Eastdowne Road
50

$1,549,000

2442/2462 Eastdowne Road

Oak Bay · Residential

6 bd

2 ba

1,956 sqft

$792/sqft

Built 1951

MLS® 1043531

View Details

Engel & Volkers Vancouver Island

2631 Margate Avenue
41

$2,795,000

2631 Margate Avenue

Oak Bay · Residential

4 bd

4 ba

2,836 sqft

$986/sqft

Built 2020

MLS® 1041199

View Details

Newport Realty Ltd.

#4 – 2118 Pentland Road
45

$1,399,000

#4 – 2118 Pentland Road

Oak Bay · Residential

3 bd

4 ba

1,477 sqft

$947/sqft

Built 2026

MLS® 1042055

View Details

Engel & Volkers Vancouver Island

See all Oak Bay listings (121 active listings)

Listing data provided by the Greater Vancouver REALTORS® and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. MLS® and REALTOR® are trademarks of CREA.