Question 1

Is Old Esquimalt a buyer's or seller's market right now?

Accepted Answer

Old Esquimalt is currently a buyer's market with 7.4 months of inventory (MOI). There are 27 active listings and approximately 4 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.

Question 2

What is the median home price in Old Esquimalt?

Accepted Answer

The current median home price in Old Esquimalt is $709K. This is up 16.5% compared to the same period last year. This is based on 111 sales over the past 12 months.

Question 3

How should I price my home in Old Esquimalt?

Accepted Answer

Homes in Old Esquimalt are currently selling at 99.1% of their list price, with an average of 36 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 14% sold above list price and 64% sold below.

Question 4

How long do homes take to sell in Old Esquimalt?

Accepted Answer

Homes in Old Esquimalt currently take an average of 36 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Old Esquimalt?

Accepted Answer

The median price per square foot in Old Esquimalt is $658. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Old Esquimalt selling above or below assessed value?

Accepted Answer

Homes in Old Esquimalt are selling at an average of 95.0% of their BC Assessment value (based on 8 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.

Question 7

How many homes are selling in Old Esquimalt?

Accepted Answer

In the last 30 days, 4 homes sold in Old Esquimalt. Over the past 12 months, 111 properties have sold. There are currently 27 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Old Esquimalt?

Accepted Answer

Sales volume in Old Esquimalt has been increasing over the last 3 months: Jun 2026 (3 sales), Jul 2026 (4 sales), Aug 2026 (4 sales). Over the full 12-month period, there were 111 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Old Esquimalt?

Accepted Answer

There are currently 27 properties for sale in Old Esquimalt, including 6 single family homes, 12 condos, 5 townhomes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Old Esquimalt?

Accepted Answer

The median single family home price in Old Esquimalt is $919K. The single family market is currently a seller's market with 2.6 months of inventory. Houses take an average of 40 days to sell. The median price per square foot is $611. Browse all 6 houses currently for sale in Old Esquimalt to see what is on the market.

Question 11

What is the condo market like in Old Esquimalt?

Accepted Answer

The median condo price in Old Esquimalt is $523K (-14.8% year-over-year). The condo market is currently a buyer's market with 12 months of inventory. Condos take an average of 34 days to sell. The median price per square foot for condos is $689. There were 59 condo sales in the past 12 months. There are 12 condos for sale in Old Esquimalt right now.

Question 12

What is the townhome market like in Old Esquimalt?

Accepted Answer

The median townhome price in Old Esquimalt is $850K. The townhome market is currently a buyer's market with 15 months of inventory. Townhomes take an average of 46 days to sell. The median price per square foot is $678. There were 17 townhome sales in the past 12 months. See the 5 townhomes for sale in Old Esquimalt on the market today.

Question 13

What homes have recently sold in Old Esquimalt and for how much?

Accepted Answer

There have been 111 homes sold in Old Esquimalt over the past 12 months, with 4 selling in the last 30 days. The median sold price is $709K. Recent median sold prices: Jun 2026: $1.19M, Jul 2026: $678K, Aug 2026: $770K. Every sale is listed in the recently sold section on this page, with photos, sold prices, and days on market.

Question 14

What houses have recently sold in Old Esquimalt?

Accepted Answer

28 houses have sold in Old Esquimalt over the past 12 months, with 3 selling in the last 30 days. The median sold price for houses is $919K. Recent median prices: Jun 2026: $1.19M, Jul 2026: $853K, Aug 2026: $850K. Individual house sales are listed in the recently sold section on this page.

Question 15

What condos have recently sold in Old Esquimalt?

Accepted Answer

59 condos have sold in Old Esquimalt over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $523K (-14.8% year-over-year). Recent median prices: Jul 2026: $394K, Aug 2026: $515K. Individual condo sales are listed in the recently sold section on this page.

Question 16

What townhomes have recently sold in Old Esquimalt?

Accepted Answer

17 townhomes have sold in Old Esquimalt over the past 12 months, with 1 selling in the last 30 days. The median sold price for townhomes is $850K. Recent median prices: Jul 2026: $1.55M. Individual townhome sales are listed in the recently sold section on this page.

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