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.
October 4th, 2019
Depressed Sales Volume Remains the Story in September Single Family Prices and Volume 91 single-family homes sold in September, 1 more than the 90 that sold in August, and 7 … [read more]
September 4th, 2019
Sales Volume and Average Prices Continue to Fall in August Single Family Prices and Volume 90 single-family homes sold in August, 19 less than the 109 sold in July, and … [read more]
August 8th, 2019
Average Sale Price Down in July, Sales Volume Appears to Be Stabilizing Single Family Prices and Volume 109 single-family homes sold in July, 3 less than the 112 sold in … [read more]
July 9th, 2019
First Half of 2019 Marked by Continued Volume Slowdown Single Family Prices and Volume 112 single-family homes sold in June, 24 less than the 136 sold in May, and 4 … [read more]
June 11th, 2019
Nanaimo Market Remains Relatively Resilient in May Single Family Prices and Volume 136 single-family homes sold in May, 32 more than the 104 sold in April, but 3 less than … [read more]
May 6th, 2019
Average Sale Price Climbs to New High on Reduced Sales Volume Single Family Prices and Volume 104 single-family homes sold in April, 9 more than the 95 sold in March, … [read more]
April 8th, 2019
Inventory Levels Mounting At The Higher End of The Market Single Family Prices and Volume 95 single-family homes sold in March, 24 more than the 71 sold in February, but … [read more]
March 5th, 2019
Average Home Price Is Down Year-over-year for First Time in Years Single Family Prices and Volume 71 single-family homes sold in February, 16 more than the 55 sold in January, … [read more]
February 5th, 2019
January Market Conditions Show Further Signs of Weakness Single Family Prices and Volume 55 single-family homes sold in January, 9 more than the 46 sold in December, however more notably … [read more]
January 21st, 2019
2019 Forecast Once again time to pull out the old crystal ball for the 3rd edition of our annual Nanaimo real estate market forecast…Well not exactly…From day 1 the … [read more]
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