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Monday, September 28, 2020
17.4 C
Victoria

Esquimalt

residential

Just 4km west of Victoria the township of Esquimalt offers varied residential neighbourhoods. It’s 17,000 residents enjoy amenities including beautiful parks and beaches, scenic waterfront walkways, and modern recreational facilities. Esquimalt is home to the Canadian Forces Base Naval Fleet and Department of National Defense making it a key economic driver of the region. 

Take a look at residential real estate sales

Interactive Sold Map

Map of VREB MLS® sales of detached single family homes for  2019. Clickon Google map viewer below to change layers for previous years.  For more information on any particular transaction, please contact Dustin Miller.

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Slide Neighbourhoods Gorge Vale Old Esquimalt Esquimalt Rock Heights Kinsmen Park Saxe Point removeWhere will your Esquimalt be? With so many pockets of beauty and styles, there's an area suited for everyone.

Current Esquimalt Stats

Updated Sept 15, 2020

$840,200
Single Family Home

Average sold home price Esquimalt.

0%
Sales Volume Increase

Compared to same month last year.

16
Active Listings

Single Family Detached, Victoria MLS®

Record Hot Summer for Real Estate

Sales activity was up 48% compared to last year! A total of 979 properties sold during the month, the exact same of July which was also unseasonably high. It’s clear that pent up demand from the lockdown months of March, April, and May are creating this strong market buzz. Approx 450 single family homes, 250 condos, and 150 townhomes sold in August.

Those looking to purchase a single family home are going to have the most struggles. I continue to face multiple offer situations, on nearly every home, even if they aren’t the most desirable. One in four single homes sold for over asking price. The median sales price hit an all-time high of $880,000 last month, up about 13.0% from last year. While the average home sale is sitting right at $1 million.

Condo pricing is a completely different story. Only about 1/20 condos go for over asking price. Prices have been flat all year. The median condo is going for $425,000 and the average at around $481,000.

Make your next move

Search Esquimalt single family home sales

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. 

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