Gonzales Real Estate

Coastal character homes with ocean views and artistic flair

Gonzales

Oak Bay

Coastal character homes with ocean views and artistic flair
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Median price
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active listings
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avg. day on market
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Yoy median price change
Explore all of
Oak Bay

Gonzales is a coastal Oak Bay neighbourhood of character homes with ocean views and a quiet artistic flair, tucked between Gonzales Bay's sandy beach and the historic Gonzales Observatory atop the hill. Trafalgar Park, the seaside path at Ross Bay Cemetery, and Cook Street Village to the west all sit within easy walking distance. Gonzales real estate is dominated by 1910s and 1920s character homes, view-oriented rebuilds along the hilltop, and a small handful of condo buildings. There are 16 homes for sale at a median of $2.32M. Houses move in 58 days, with prices -41.0% year-over-year. Browse every Gonzales listing below with sold data and live market stats. Explore the live Gonzales market dashboard for 24-month price trends, inventory and days-on-market.

Gonzales

Market Pulse

Live Data
Avg Price per Sqft
Avg. Days on Market
Avg. Sale-to-Assessed Ratio
Avg. Sale-to-List Ratio

Months of Inventory (MOI)

The time it would take to sell all current listings at the current sales pace. Responsive to filters.

— MOI
Seller's (< 4) Balanced (4-6) Buyer's (> 6)
Current Status
From live data
Sales Volume 12 months
22 Sales · Apr 2025
Monthly Sales Trend
12-month rolling · Updated live
22 Sales · Apr 2025
Median Sale Price 12 months
$1.2M Median · Apr 2025
Median Price Trend
12-month rolling · Updated live
$1.2M Median · Apr 2025
market analysis

How the Gonzales market is moving

Median sold prices in Gonzales are down 41.0% compared with a year ago, and homes trade at a median of $837 per square foot. Recently, 0% of sales closed above the asking price, with homes averaging 58 days on market. Sale prices have been running near 95% of BC Assessment value. Sales activity tends to peak around April and is quietest around January, a useful signal for timing a purchase or sale.

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Gonzales

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on the market

Active Listings

Browse current properties for sale in this municipality

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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.

transaction history

Recently Sold in

Gonzales

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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.

by property type

Gonzales homes by type

Gonzales Houses for Sale

16 for sale
median $2.32M · -41.0% YoY

Gonzales houses sold prices & stats →
listings

Gonzales homes for sale & sold prices

The 10 most recent home sales in Gonzales had a median sold price of $2,287,000. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

12 homes for sale in Gonzales
10 recent sales in Gonzales
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More Oak Bay neighbourhoods

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questions & answers

Gonzales real estate FAQ

Is Gonzales a buyer's or seller's market right now?
Gonzales is currently a buyer's market with 16 months of inventory (MOI). There are 16 active listings and approximately 1 sales in the last 30 days, indicating higher inventory giving buyers more negotiating power. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Gonzales?
The current median home price in Gonzales is $2.32M. This is down 41.0% compared to the same period last year. This is based on 17 sales over the past 12 months.
How should I price my home in Gonzales?
Homes in Gonzales are currently selling at 94.3% of their list price, with an average of 58 days on market. Homes are selling below asking price, typical of a buyer's market. Pricing competitively from the start is important to avoid extended time on market.
How long do homes take to sell in Gonzales?
Homes in Gonzales currently take an average of 58 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Gonzales?
The median price per square foot in Gonzales is $837. This metric is useful for comparing value across different property sizes and types.
Are homes in Gonzales selling above or below assessed value?
Homes in Gonzales are selling at an average of 95.0% of their BC Assessment value (based on 1 recent sales). Homes are selling below their BC Assessment values, which can occur in a softening market or when assessments haven't been adjusted down.
How many homes are selling in Gonzales?
In the last 30 days, 1 homes sold in Gonzales. Over the past 12 months, 17 properties have sold. There are currently 16 active listings on the market.
Are real estate sales increasing or decreasing in Gonzales?
Sales volume in Gonzales has been stable over the last 3 months: Oct 2025 (1 sales), Nov 2025 (1 sales), May 2026 (1 sales). Over the full 12-month period, there were 17 total sales.
How many homes, condos, and townhomes are for sale in Gonzales?
There are currently 16 properties for sale in Gonzales, including 16 single family homes. Listings are updated daily from the MLS® system.
What is the single family home market like in Gonzales?
The median single family home price in Gonzales is $2.32M (-41.0% year-over-year). The single family market is currently a buyer's market with 16 months of inventory. Houses take an average of 58 days to sell. The median price per square foot is $837.
What homes have recently sold in Gonzales and for how much?
There have been 17 homes sold in Gonzales over the past 12 months, with 1 selling in the last 30 days. The median sold price is $2.32M. Recent median sold prices: Oct 2025: $1.30M, Nov 2025: $1.20M, May 2026: $1.47M. View all recently sold properties in Gonzales with photos, sold prices, and days on market on the 8X Real Estate Gonzales page.
What houses have recently sold in Gonzales?
17 houses have sold in Gonzales over the past 12 months, with 1 selling in the last 30 days. The median sold price for houses is $2.32M (-41.0% year-over-year). Recent median prices: Oct 2025: $1.30M, Nov 2025: $1.20M, May 2026: $1.47M.
16 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate