Nanaimo Market Recap: May 2016
June 1st, 2016
The Market Continues Upward At An Accelerated Pace… Single Family Prices and Volume 210 single family homes were sold in May compared to 188 in April which is a 12% … [read more]
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.
June 1st, 2016
The Market Continues Upward At An Accelerated Pace… Single Family Prices and Volume 210 single family homes were sold in May compared to 188 in April which is a 12% … [read more]
May 3rd, 2016
Hottest Market in Years…The Trend Continues… Single Family Prices And Volume 188 single family homes were sold in April compared to 162 in March which represented a volume increase of … [read more]
April 8th, 2016
A strong start to 2016 and to the Spring real estate market in Nanaimo was predicted and the results do not disappoint! 162 single family homes were sold in March … [read more]
March 2nd, 2016
The strong start to the year has continued and momentum has continued to build in what is anticipated to be the strongest spring real estate market Nanaimo has experienced in … [read more]
February 17th, 2016
Included in yesterday’s 2016 provincial budget, newly built homes priced up to $750,000 will be FULLY EXEMPT from the property transfer tax when bought by Canadian citizens or permanent residents … [read more]
February 15th, 2016
Shadow Flipping, Assignments, Realtors taking advantage of clients – You’ve heard the news headlines over the past week or so. Here’s a few facts to clarify and some tips to … [read more]
February 1st, 2016
Single family home sales volume (number of homes sold) in January exactly mirrored the 63 homes sold in January of 2015. The average sale price continued it’s upward ascent, with a year-over-year increase … [read more]
January 6th, 2016
Single family home sales volume (number of homes sold) increased 15.85% year-over-year from 1,230 homes in 2014 to 1,425 last year. The average sale price continued its upward ascent, with a … [read more]
June 1st, 2015
Single family home sales volume (number of homes sold) increased 21% year-over-year from 124 homes in May of 2014 to 150 last month. The average sale price continued it’s upward ascent, with … [read more]
May 2nd, 2015
Single family home sales volume (number of homes sold) increased 57% year-over-year from 94 homes in April of 2014 to 148 last month. The average sale price continued it’s upward … [read more]
Comment On This!