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.
Market Strength Continues as Average Home Price Increases Accelerate in May Single Family Prices and Volume 178 single family homes sold in May, down 15% from the 210 sold … [read more]
Market Strength Continues on Reduced Volume Single Family Prices and Volume 139 single family homes sold in April, down 26% from the 188 sold in the same timeframe last … [read more]
Undoubtedly a Seller’s Market This Spring Single Family Prices and Volume 154 single family homes sold in March, down 5% from the 162 sold in the same time frame … [read more]
Strong Market Continues, Particularly For More Affordable Options Single Family Prices and Volume 97 single family homes sold in February, down 13% from the 111 sold in the same time … [read more]
Average Price in Nanaimo Rises Above $500k The Market is on Fire! Single Family Prices and Volume 56 single family homes sold in January, down 11% from the 63 … [read more]
2016 Dissected and Our Take on What’s In Store for the Market in 2017 Single Family Prices and Volume 1699 single family homes were sold in 2016, up 19% from the … [read more]
NO REAL SURPRISES IN NOVEMBER AS TRENDS CONTINUE Single Family Prices and Volume 98 single family homes were sold in November, down 8% from the 108 sold in the same … [read more]
AVERAGE PRICE UP NEARLY 22%, VOLUME UP 45% YEAR-OVER-YEAR Single Family Prices and Volume 158 single family homes were sold in September, down 5% over August, but still up 45% … [read more]
After Months of Gains, Market Cools in July … Single Family Prices and Volume 147 single family homes were sold in July, down noticeably from 204 in June, and down … [read more]
Strong conditions persist, more affordable areas making big gains … Single Family Prices and Volume 204 single family homes were sold in June, down slightly from 210 in May, but … [read more]
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