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$1,234,000Victoria neighbourhood · British Columbia
Jubilee Real Estate Family streets and new townhomes near Royal Jubilee Hospital
Jubilee is a quiet, central neighbourhood of family houses and new townhomes, between Fernwood and the Oak Bay border, with Royal Jubilee Hospital and the shops along Fort Street and Oak Bay Avenue close by.
Median detached price$1.09M (past year)
Townhome median days on market10
MLS® areaVictoria › Jubilee
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The story
What is it like to live in Jubilee?
Close to the hospital, close to Oak Bay.
Jubilee is a residential neighbourhood built around Royal Jubilee Hospital. Most streets are lined with mid-century houses, with low-rise condo buildings along the main roads and a wave of new townhomes in the last few years.
It suits healthcare workers, families and buyers who want to be near Oak Bay without Oak Bay prices. The trade-off is traffic and parking pressure close to the hospital, and fewer village shops on foot than Fernwood or Fairfield.
Where you’ll find it
Where is Jubilee?
Between Fernwood and the Oak Bay border.
Jubilee sits east of Fernwood and north of Rockland, running to the Oak Bay border at Foul Bay Road. Fort Street, Richmond Road and Bay Street are the main routes, with Oak Bay Avenue along the southern edge.
HealthRoyal Jubilee Hospital
ShopsFort Street and Oak Bay Avenue
DowntownAbout 10 minutes by car or bike
JUBILEE · THE PAST 12 MONTHS
How much do homes cost in Jubilee?
What sold, and how fast.
From November 2025 to November 9, 2026, the Jubilee report recorded 62 sold and pending listings: 54 sold and 8 pending. Here’s the breakdown by property type.
| Property type | Sold + pending | Sold / pending | Median price | Typical range | Median days on market | Sale-to-list |
|---|---|---|---|---|---|---|
| Detached homes | 19 | 15 / 4 | $1,090,000 | $884,750–$1,212,500 | 16 | 98.4% |
| Townhomes | 11 | 10 / 1 | $825,000 | $759,500–$1,177,000 | 10 | 100% |
| Condos / apartments | 30 | 27 / 3 | $442,750 | $405,500–$510,000 | 33 | 98.1% |
| Duplexes, triplexes & fourplexes | 2 | 2 / 0 | $1,040,000 | $825,000–$1,255,000 | 42.5 | 98.2% |
Reading the numbers
Condos made up 30 of Jubilee’s 62 sold and pending records, with a median price of $442,750 and a median of 33 days on market. Detached homes had a median of $1,090,000 across 19 records, at 16 median days. Townhomes had a median of $825,000 across 11 records, at 10 median days. Figures for duplexes, triplexes & fourplexes rest on fewer than five records, so treat them as a guide only. Across all property types, homes sold for a median of 98.3% of their final list price; 15% sold over asking, and 26% had a price reduction before selling.
Source: VREB MLS® sold and pending records for Jubilee, November 2025 to November 9, 2026, via Matrix, compiled by Robin Scrimger. Pending means sold firm but not yet transferred to the buyer; pending prices are the agreed sale price. Sale-to-list compares the sale price with the final list price. The typical range is the middle half of prices; categories with fewer than four records show the full range. Medians are not the MLS® HPI benchmark or an appraisal, and categories with fewer than five records can swing on a single sale.
Ask Robin for comparable sales on your street
Robin’s read
Jubilee’s story this year is new townhomes. Its 11 townhome records had a median build year of 2025, an $825,000 median and a median of just 10 days on market, the fastest of any property type in any Victoria neighbourhood in this report. Detached homes were also quick, at 16 days and a $1.09 million median. For families priced out of Oak Bay, a new Jubilee townhome is one of the most direct alternatives, and buyers clearly know it.
How Jubilee compares with nearby neighbourhoods
| Neighbourhood | Sold + pending | Detached median | Detached median days | Townhome median | Condo median | Sale-to-list | Sold over asking |
|---|---|---|---|---|---|---|---|
| Jubilee | 62 | $1,090,000 | 16 | $825,000 | $442,750 | 98.3% | 15% |
| Fernwood | 64 | $1,039,550 | 22 | $749,500 | $425,200 | 97.5% | 17% |
| Oaklands | 72 | $1,047,000 | 15 | $788,000 | $485,000 | 98.1% | 19% |
| Rockland | 41 | $1,550,000 | 32 | $1,125,000 | $825,000 | 97.5% | 5% |
| Fairfield East | 56 | $1,535,000 | 24 | $887,500 | $593,750 | 98.3% | 16% |
Sold and pending records by VREB MLS® area, November 2025 to November 9, 2026, compiled by Robin Scrimger. A dash means no sales of that type. See all 13 areas on the Victoria guide.
VICTORIA MARKET · OCTOBER 2026
What is the benchmark price in Victoria?
The citywide benchmark, for context.
The Victoria Real Estate Board publishes MLS® HPI benchmarks for the City of Victoria as a whole, not for Jubilee on its own. In October 2026, the Victoria single-family benchmark was $1,234,000, up 3.1% from a year earlier, while condo and townhome benchmarks eased. Across Greater Victoria, 573 properties sold in October, and the board described conditions as balanced.
Request a Jubilee market review02
$837,900Victoria townhome
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$492,800Victoria condo
Source: Victoria Real Estate Board, October 2026 Statistics Package (released November 2, 2026). Victoria single-family: +3.1% year over year · Victoria townhome: −3.1% year over year · Victoria condo: −2.5% year over year. A benchmark is a modelled typical home, not a median sale price or an appraisal.
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The homes
What should you check before buying in Jubilee?
New townhomes, older houses.
Jubilee has two quite different markets. Detached homes are mostly from the 1940s and 1950s, often with suites. New townhomes, many built under the city’s missing middle rules, offer new construction a few minutes from Oak Bay.
For new builds, check the home warranty, the strata budget and who the developer is. For older houses, look at the foundation, drainage, wiring and suite permits, and check how close the home sits to hospital traffic and parking.
Your Jubilee buyer checklist
- 01Confirm the 2-5-10 home warranty on any new townhome
- 02Review the first-year strata budget and contingency fund
- 03Check street parking and traffic near the hospital
- 04Confirm suite permits on older houses
- 05Ask whether nearby lots are slated for redevelopment
The everyday
What is daily life like in Jubilee?
Quiet streets with everything nearby.
Daily errands happen along Fort Street, Oak Bay Avenue and in Fernwood, and Oak Bay Village is a short drive or ride away. The Oak Bay Recreation Centre, with its pools, rink and gym, is just across the border.
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Things to do
Where do locals spend their time in Jubilee?
Three trips worth trying.
Oak Bay Recreation Centre
Pools, a rink and a gym just across the Oak Bay border.
Explore Oak Bay Recreation Centre ↗Oak Bay Avenue
Groceries, cafés and services along the Oak Bay border.
Explore Oak Bay Avenue ↗Fernwood Square
Theatre, a pub and cafés a short walk west.
Explore Fernwood Square ↗What schools serve Jubilee?
Schools close to home.
Jubilee is in the Greater Victoria School District (SD61). Sundance Elementary on Bank Street and Oaklands Elementary are among the closer elementary schools, depending on the address. Check the SD61 school locator for catchments.
Check the exact address in SD61’s School Locator, as English and French Immersion catchments can differ, and review the district’s registration dates before you move.
A considered choice
Is Jubilee your next chapter?
Who it suits, and what to compare.
Jubilee makes sense if you want a central location, newer housing or a short trip to the hospital. If you want a stronger village feel, compare it with Fernwood; for bigger lots and ocean access, compare it with Fairfield East.
The details
Jubilee real estate: frequently asked questions
01How much does a townhome cost in Jubilee?+
Townhomes in Jubilee had a median price of $825,000 over the past year, with most selling between about $760,000 and $1.18 million. Many are brand new, with a median build year of 2025. They sold in a median of just 10 days, so be ready to move quickly on one.
02Is Jubilee a good area for hospital staff?+
Many people who work at Royal Jubilee Hospital live in or near the neighbourhood, since much of it is within a 10 to 15 minute walk of the hospital. Traffic and street parking are busier on the blocks closest to it, so visit at a shift change if you’re comparing homes.
03How much does a house cost in Jubilee?+
Detached homes had a median price of $1.09 million over the past year, with most selling between about $885,000 and $1.21 million. They sold in a median of 16 days. Most date from the 1940s and 1950s, so condition, suites and lot size explain most of the price spread.
04What is the difference between Jubilee and Oak Bay?+
Jubilee is part of the City of Victoria, while Oak Bay is a separate municipality with its own taxes, bylaws and services. Detached homes in Jubilee had a median of $1.09 million, while the Oak Bay single-family benchmark was $1.756 million in October 2026, so Jubilee offers a lower entry price next door.
Continue exploring
Nearby neighbourhoods
City of Victoria permits · City maps · B.C. strata housing guide
Homes for sale
Find homes for sale in Jubilee
Be first to know.
Homes in Jubilee don’t come up often on the streets people want most. Ask Robin to set up an alert for new Jubilee listings that match your budget and property type, so you hear about them the day they hit the market.
YOUR VICTORIA CONTACT
Meet Robin Scrimger
Robin Scrimger · Personal Real Estate Corporation
REALTOR® & Team Lead · New Chapter Real Estate Team
Coldwell Banker Oceanside Real Estate
Whether you’re buying your first condo, upsizing for a growing family or selling a home you’ve loved for years, Robin can walk you through the streets, the recent sales and the practical details that matter in Jubilee.
In the past 12 months, Robin and the New Chapter team were involved in 17 sales across Victoria’s 13 neighbourhoods (11 as listing agent, 6 representing buyers).
Ready when you are
Let’s find the place your story continues.
Thinking about buying or selling in Jubilee? Talk with Robin about homes for sale, recent sales on your street, or what your home might be worth today.