James Bay Real Estate

Historic waterfront living in Victoria's most walkable neighbourhood

James Bay

Victoria

Historic waterfront living in Victoria's most walkable neighbourhood
$876K
Median SOLD price
3 month
50
active now
39
avg. day on market
+9.2%
Yoy median price change
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Victoria

James Bay is historic waterfront living in Victoria's most walkable neighbourhood, framed by the inner harbour, the legislature lawns, and the long crescent of Dallas Road. Fisherman's Wharf, Beacon Hill Park, and the seaside path looping past Holland Point are everyday backdrops, with downtown a five-minute stroll. James Bay real estate is a deep mix of 1890s heritage cottages, character conversions, and a substantial inventory of low-rise and waterfront condos along Belleville and Kingston. There are 10 homes for sale at a median of $1.39M. Houses move in 39 days, with prices year-over-year. There are also 27 condos at a median of $735K. Browse every James Bay listing below with sold data and live market stats. Explore the live James Bay market dashboard for 24-month price trends, inventory and days-on-market.

James Bay

Market Pulse

Live Data
$698
Avg Price per Sqft
-1.9% YoY · May–Jul 2026
39
Avg. Days on Market
-8.4% YoY · May–Jul 2026
102.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
96.2%
Avg. Sale-to-List Ratio
Below list · May–Jul 2026

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 James Bay market is moving

Median sold prices in James Bay are up 5.5% compared with a year ago, and homes trade at a median of $723 per square foot. By property type, James Bay sees single-family homes around $1.39M, condos around $735K, townhomes around $872K. Recently, 12% of sales closed above the asking price, with homes averaging 42 days on market. Sale prices have been running near 102% of BC Assessment value. Sales activity tends to peak around July and is quietest around March, a useful signal for timing a purchase or sale.

Questions about

James Bay

?

Get the inside scoop on off-market listings and upcoming inventory from our local specialist.

778.678.9815
DUSTIN MILLER
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on the market

Active Listings

Browse current properties for sale in this municipality

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

James Bay

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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.

the neighbourhood

Living in James Bay

Character & history

James Bay is the oldest residential neighbourhood in Victoria and one of the oldest west of the Great Lakes. Tucked between the Inner Harbour, the Parliament Buildings and the open Pacific along Dallas Road, it blends grand heritage homes, the bustle of Fisherman's Wharf and the green expanse of Beacon Hill Park into one of the city's most-loved places to live.

Homes & housing stock

Housing ranges from restored Victorian and Edwardian character homes to mid-century low-rises and a healthy supply of condominiums and rental apartments. That mix makes James Bay one of the more attainable ways to live steps from the water and the downtown core, and it draws everyone from first-time condo buyers to downsizers seeking a walkable lifestyle.

Lifestyle & amenities

Life here is defined by the waterfront: the Dallas Road walkway, Ogden Point breakwater, Fisherman's Wharf and Beacon Hill Park are all part of daily life, with Cook Street Village and the downtown shops and harbour ferries a short stroll away. It is among the most walkable neighbourhoods in the region.

Buying & selling in James Bay

Waterfront-adjacent character homes and well-located condos with parking are the standout segments. Because James Bay spans heritage houses and apartment buildings of very different vintages, current per-type data matters, review the live James Bay medians, days-on-market and sold prices above before pricing or making an offer.

by property type

James Bay homes by type

browse by price

James Bay homes by price range

listings

James Bay homes for sale & sold prices

The 10 most recent home sales in James Bay had a median sold price of $812,500. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

12 homes for sale in James Bay
10 recent sales in James Bay
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questions & answers

James Bay real estate FAQ

Why is James Bay special?
James Bay is Victoria's oldest residential neighbourhood, sitting between the Inner Harbour, the Parliament Buildings and the Dallas Road oceanfront. It combines heritage homes, Beacon Hill Park, Fisherman's Wharf and a highly walkable, waterfront lifestyle right beside downtown.
Is James Bay a walkable neighbourhood?
Yes. James Bay is one of Greater Victoria's most walkable areas, with the downtown core, Inner Harbour, Beacon Hill Park, the Dallas Road waterfront and Cook Street Village all within easy walking distance.
Is James Bay a buyer's or seller's market right now?
James Bay is currently a seller's market with 3.1 months of inventory (MOI). There are 50 active listings and approximately 21 sales in the last 30 days, indicating low inventory favouring sellers. 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 James Bay?
The current median home price in James Bay is $834K. This is up 5.5% compared to the same period last year. This is based on 335 sales over the past 12 months.
How should I price my home in James Bay?
Homes in James Bay are currently selling at 97.3% of their list price, with an average of 42 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 12% sold above list price and 78% sold below.
How long do homes take to sell in James Bay?
Homes in James Bay currently take an average of 42 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 James Bay?
The median price per square foot in James Bay is $723. This metric is useful for comparing value across different property sizes and types.
Are homes in James Bay selling above or below assessed value?
Homes in James Bay are selling at an average of 102.0% of their BC Assessment value (based on 28 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
How many homes are selling in James Bay?
In the last 30 days, 21 homes sold in James Bay. Over the past 12 months, 335 properties have sold. There are currently 50 active listings on the market.
Are real estate sales increasing or decreasing in James Bay?
Sales volume in James Bay has been increasing over the last 3 months: May 2026 (19 sales), Jun 2026 (8 sales), Jul 2026 (21 sales). Over the full 12-month period, there were 335 total sales.
How many homes, condos, and townhomes are for sale in James Bay?
There are currently 50 properties for sale in James Bay, including 10 single family homes, 27 condos, 8 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in James Bay?
The median single family home price in James Bay is $1.39M. The single family market is currently a buyer's market with 7.5 months of inventory. Houses take an average of 39 days to sell. The median price per square foot is $705. Browse all 10 houses currently for sale in James Bay to see what is on the market.
What is the condo market like in James Bay?
The median condo price in James Bay is $735K (+15.2% year-over-year). The condo market is currently a seller's market with 2.4 months of inventory. Condos take an average of 48 days to sell. The median price per square foot for condos is $753. There were 219 condo sales in the past 12 months. There are 27 condos for sale in James Bay right now.
What is the townhome market like in James Bay?
The median townhome price in James Bay is $872K. The townhome market is currently a balanced market with 4 months of inventory. Townhomes take an average of 30 days to sell. The median price per square foot is $679. There were 56 townhome sales in the past 12 months. See the 8 townhomes for sale in James Bay on the market today.
What homes have recently sold in James Bay and for how much?
There have been 335 homes sold in James Bay over the past 12 months, with 21 selling in the last 30 days. The median sold price is $834K. Recent median sold prices: May 2026: $795K, Jun 2026: $805K, Jul 2026: $976K. Every sale is listed in the recently sold section on this page, with photos, sold prices, and days on market.
What houses have recently sold in James Bay?
35 houses have sold in James Bay over the past 12 months, with 3 selling in the last 30 days. The median sold price for houses is $1.39M. Recent median prices: May 2026: $875K, Jul 2026: $1.64M. Individual house sales are listed in the recently sold section on this page.
What condos have recently sold in James Bay?
219 condos have sold in James Bay over the past 12 months, with 12 selling in the last 30 days. The median sold price for condos is $735K (+15.2% year-over-year). Recent median prices: May 2026: $765K, Jun 2026: $810K, Jul 2026: $812K. Individual condo sales are listed in the recently sold section on this page.
What townhomes have recently sold in James Bay?
56 townhomes have sold in James Bay over the past 12 months, with 2 selling in the last 30 days. The median sold price for townhomes is $872K. Recent median prices: May 2026: $995K, Jun 2026: $800K, Jul 2026: $580K. Individual townhome sales are listed in the recently sold section on this page.
50 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate