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.
February Average and Median Prices Set All-Time Highs Single Family Prices and Volume 85 single family homes sold in February, down over 4.5% from the 89 sold in January, … [read more]
January Provides Reasons For Optimism Single Family Prices and Volume 89 single family homes sold in January, down 26% from the 120 sold in December, but up 59% from … [read more]
Generating Wealth Through Real Estate: The 3 Fool Proof Sources of Return Nanaimo is in the midst of one of the strongest real estate booms it has ever experienced. … [read more]
2017 Market Recap & 2018 Forecast Single Family Prices and Volume 1,605 single-family homes were sold in 2017, down 5.5% from the 1,699 sold in 2016. The average sale … [read more]
November Market Conditions Rebound Single Family Prices and Volume 116 single family homes sold in November, down 10% from the 129 sold in October, but up 18% from the … [read more]
October Market Conditions Raise Further Questions Single Family Prices and Volume 129 single family homes sold in October, down 15% from the 152 sold in September, but up 13% … [read more]
September Raises Further Concern…Are The Tides Turning? Single Family Prices and Volume 152 single family homes sold in September, down 4% from the 158 sold in the same timeframe last … [read more]
Market Indicators Either Flat or Down for 3rd Consecutive Month Single Family Prices and Volume 138 single family homes sold in August, down 17% from the 166 sold in … [read more]
Average Home Price Flat Month-over-Month, Up 24% Year-over-Year Single Family Prices and Volume 152 single family homes sold in July, up 3.4% from the 147 sold in the same timeframe … [read more]
Market Conditions Stabilize in June Single Family Prices and Volume 184 single family homes sold in June, up nearly 10% from the 204 sold in the same timeframe last … [read more]
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