Rock Bay Real Estate

Transitioning industrial area with redevelopment potential near downtown

Rock Bay

Victoria

Transitioning industrial area with redevelopment potential near downtown
$938K
Median SOLD price
3 month
5
active now
31
avg. day on market
N/A
Yoy median price change
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Victoria

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
$777
Avg Price per Sqft
Mar–Jul 2026
31
Avg. Days on Market
Mar–Jul 2026
95.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
95.3%
Avg. Sale-to-List Ratio
Below list · Mar–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 Rock Bay market is moving

Homes in Rock Bay trade at a median of $685 per square foot. By property type, Rock Bay sees condos around $835K, townhomes around $1.07M. Recently, 9% of sales closed above the asking price, with homes averaging 37 days on market. Sale prices have been running near 95% of BC Assessment value. Sales activity tends to peak around September and is quietest around August, a useful signal for timing a purchase or sale.

Questions about

Rock 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

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

listings

Rock Bay homes for sale & sold prices

The 10 most recent home sales in Rock Bay had a median sold price of $887,000. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

8 homes for sale in Rock Bay
10 recent sales 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 buyer's market with 7.5 months of inventory (MOI). There are 5 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 Rock Bay?
The current median home price in Rock Bay is $852K. This is based on 22 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, 9% sold above list price and 77% 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 $685. 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 95.0% 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, 22 properties have sold. There are currently 5 active listings on the market.
Are real estate sales increasing or decreasing in Rock Bay?
Sales volume in Rock Bay has been increasing over the last 3 months: May 2026 (0 sales), Jun 2026 (1 sales), Jul 2026 (1 sales). Over the full 12-month period, there were 22 total sales.
How many homes, condos, and townhomes are for sale in Rock Bay?
There are currently 5 properties for sale in Rock Bay, including 5 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 $835K. The condo market is currently a buyer's market with 7.5 months of inventory. Condos take an average of 35 days to sell. The median price per square foot for condos is $710. There were 19 condo sales in the past 12 months. There are 5 condos for sale in Rock Bay right now.
What homes have recently sold in Rock Bay and for how much?
There have been 22 homes sold in Rock Bay over the past 12 months, with 1 selling in the last 30 days. The median sold price is $852K. Recent median sold prices: Jun 2026: $1.13M, Jul 2026: $768K. 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?
19 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 $835K. Recent median prices: Jun 2026: $1.13M, Jul 2026: $768K. Individual condo sales are listed in the recently sold section on this page.
5 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate