Rock Bay Real Estate

Transitioning industrial area with redevelopment potential near downtown

Rock Bay

Victoria

Transitioning industrial area with redevelopment potential near downtown
$877K
Median SOLD price
3 month
4
active now
64
avg. day on market
N/A
Yoy median price change
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Rock Bay is a transitioning industrial area in Victoria with serious redevelopment potential just north of downtown along the Upper Harbour. Working warehouses, breweries, and design studios share blocks with new live-work projects, while the Selkirk Trestle and Galloping Goose Trail link the area to Vic West and beyond. Rock Bay real estate is an evolving mix of newer condo and townhome developments, character cottages on the residential edges, and rare industrial-zoned parcels. There are 0 homes for sale at a median of —. Houses move in — days, with prices — year-over-year. Browse every Rock Bay listing below with sold data and live market stats. Explore the live Rock Bay market dashboard for 24-month price trends, inventory and days-on-market.

Rock Bay

Market Pulse

Live Data
$673
Avg Price per Sqft
Jun–Aug 2026
64
Avg. Days on Market
Jun–Aug 2026
97.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
92.6%
Avg. Sale-to-List Ratio
Below list · Jun–Aug 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 Rock Bay market is moving

Homes in Rock Bay trade at a median of $675 per square foot. By property type, Rock Bay sees condos around $794K, townhomes around $1.07M. Recently, 10% of sales closed above the asking price, with homes averaging 37 days on market. Sale prices have been running near 97% of BC Assessment value. Sales activity tends to peak around September and is quietest around October, a useful signal for timing a purchase or sale.

Questions about

Rock Bay

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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

Rock 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.

by property type

Rock Bay homes by type

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Rock Bay homes for sale

9 homes for sale in Rock Bay
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questions & answers

Rock Bay real estate FAQ

Is Rock Bay a buyer's or seller's market right now?
Rock Bay is currently a balanced market with 4 months of inventory (MOI). There are 4 active listings and approximately 1 sales in the last 30 days, indicating stable conditions with moderate inventory. 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 Rock Bay?
The current median home price in Rock Bay is $835K. This is based on 21 sales over the past 12 months.
How should I price my home in Rock Bay?
Homes in Rock Bay are currently selling at 98.1% of their list price, with an average of 37 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 10% sold above list price and 76% sold below.
How long do homes take to sell in Rock Bay?
Homes in Rock Bay currently take an average of 37 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Rock Bay?
The median price per square foot in Rock Bay is $675. This metric is useful for comparing value across different property sizes and types.
Are homes in Rock Bay selling above or below assessed value?
Homes in Rock Bay are selling at an average of 97.0% of their BC Assessment value (based on 2 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 Rock Bay?
In the last 30 days, 1 homes sold in Rock Bay. Over the past 12 months, 21 properties have sold. There are currently 4 active listings on the market.
Are real estate sales increasing or decreasing in Rock Bay?
Sales volume in Rock Bay has been stable over the last 3 months: Jun 2026 (1 sales), Jul 2026 (1 sales), Aug 2026 (1 sales). Over the full 12-month period, there were 21 total sales.
How many homes, condos, and townhomes are for sale in Rock Bay?
There are currently 4 properties for sale in Rock Bay, including 4 condos. Listings are updated daily from the MLS® system.
What is the condo market like in Rock Bay?
The median condo price in Rock Bay is $794K. The condo market is currently a balanced market with 4 months of inventory. Condos take an average of 36 days to sell. The median price per square foot for condos is $700. There were 18 condo sales in the past 12 months. There are 4 condos for sale in Rock Bay right now.
What homes have recently sold in Rock Bay and for how much?
There have been 21 homes sold in Rock Bay over the past 12 months, with 1 selling in the last 30 days. The median sold price is $835K. Recent median sold prices: Jun 2026: $1.13M, Jul 2026: $768K, Aug 2026: $739K. Every sale is listed in the recently sold section on this page, with photos, sold prices, and days on market.
What condos have recently sold in Rock Bay?
18 condos have sold in Rock Bay over the past 12 months, with 1 selling in the last 30 days. The median sold price for condos is $794K. Recent median prices: Jun 2026: $1.13M, Jul 2026: $768K, Aug 2026: $739K. Individual condo sales are listed in the recently sold section on this page.
4 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate