Vibrant town centre with shops, dining, and diverse housing options
Saanich
Royal Oak is a vibrant town centre in west Saanich where Broadmead-style shops, casual restaurants, and diverse housing share the West Saanich Road corridor. Royal Oak real estate includes single-family homes, townhomes, and a growing slate of mid-rise condos near Royal Oak Shopping Centre, Commonwealth Place, and Elk Lake in Saanich. The Lochside Trail and Pat Bay Highway access keep the area highly connected. There are 4 homes for sale at a median of $1.20M. Detached homes sell in 37 days, with prices — year-over-year. Condo inventory sits at 10 with a median of $661K. Browse every Royal Oak listing below with sold data and live market stats. Explore the live Royal Oak market dashboard for 24-month price trends, inventory and days-on-market.
Median sold prices in Royal Oak are up 6.5% compared with a year ago, and homes trade at a median of $588 per square foot. By property type, Royal Oak sees single-family homes around $1.20M, condos around $661K, townhomes around $895K. Recently, 15% of sales closed above the asking price, with homes averaging 35 days on market. Sale prices have been running near 103% of BC Assessment value. Sales activity tends to peak around May and is quietest around December, a useful signal for timing a purchase or sale.
Get the inside scoop on off-market listings and upcoming inventory from our local specialist.
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.
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.
4 for sale
median $1.20M
10 for sale
median $661K · -2.0% YoY
8 for sale
median $895K · +0.5% YoY
The 10 most recent home sales in Royal Oak had a median sold price of $937,500. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.
