Nanaimo is Vancouver Island’s second largest city, with an estimated population of approximately 88,000. Centrally located, Nanaimo is a gateway to the outdoor playground that is Vancouver Island. Hop on a short 20-minute flight from downtown Vancouver or jump in the car for a quick one-and-a-half hour drive up from Victoria, and you’ll be pleasantly surprised by what the “Harbour City” has to offer. World-class sport fishing and scuba diving, year-round golf, and a wealth of parks, trails, and recreational opportunities are just a few of the many reasons Nanaimo’s residents could never picture living anywhere else.
With single-family homes selling in 2014 having a median sale price of $355,000 and waterfront homes having a median sale price of $682,000, Nanaimo’s Real Estate market continues to offer compelling value for homeowners and Real Estate investors alike.
July 9th, 2020
Nanaimo Records Second Highest Single-Family Sales Volume in More Than 2 Years The month of June saw BC move into Phase 3 of the province’s restart plan. Dating back … [read more]
June 4th, 2020
COVID-19 Continues To Slow Sales Volume in May The month of May saw us move into Phase 2 of the province’s restart plan which certainly represents a few steps … [read more]
May 7th, 2020
Average Home Prices Hold, Sales Volume Drops Significantly in April The COVID-19 pandemic continues to significantly impact the economy, our routines, and all that we knew as normal just … [read more]
April 9th, 2020
COVID-19 and Real Estate Agent Services The Government of British Columbia has deemed “Real Estate Agent Services” a COVID-19 Essential Service. However, that certainly doesn’t mean the industry should … [read more]
April 7th, 2020
Overall March Market Conditions Surprisingly Resilient in Light of COVID-19 Given the developments of the COVID-19 pandemic in the Month of March, including the proactive measures essentially shutting down … [read more]
March 5th, 2020
Average Price Holds Over $600k, While Sales Volume Remains Light Single Family Prices and Volume 66 single-family homes sold in February, up 53% from the 43 that sold in … [read more]
February 4th, 2020
Average Single-Family Homes Price Sets All-Time Record High in January Single Family Prices and Volume 43 single-family homes sold in January, 36% less than the 67 that sold in … [read more]
January 17th, 2020
2019 Nanaimo Market Recap & 2020 Look Ahead Single Family Prices and Volume 1,123 single-family homes were sold in 2019, down 7.3% from the 1,212 sold in 2018, which … [read more]
December 5th, 2019
Some Positive Signs for the Nanaimo Market in November Single Family Prices and Volume 100 single-family homes sold in November, 3 more than the 97 that sold in October, … [read more]
November 7th, 2019
October Market Conditions Continue to Reflect a More Balanced Market Single Family Prices and Volume 97 single-family homes sold in October, 6 more than the 91 that sold in September, … [read more]
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