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Real Estate Market Overview for Nanaimo (June 2015)


167 single family homes sold. Avg. price $385,436 (up 7% 12 months to date, this year over last). 3 waterfront homes sold, 18 lots sold & 54 condos sold. Single family unit sales volume is up 17% 12 months to date. Average days on market has decreased by 14% to 45 days. The average condo sells for $256,169. Condo unit sales are up an average of 7% 12 months to date, with apartment-style condos seeing the largest increase in units sold. Condos have seen a 16% decrease in days on market. Average days to sell is 70 days. Lot sales volume is up 51%, 12 months to date. Lot prices have increased by 4%, 12 months to date. Average lot sale price is $166,957. Most active region: North Nanaimo; Highest average price: North Nanaimo.

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