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Real Estate Market Overview for Nanaimo (April 2015)


148 single family homes sold. Avg. price $378,642 (up 6% 12 months to date, this year over last). 11 waterfront homes sold, 14 lots sold & 55 condos sold. Single family unit sales volume is up 11% 12 months to date. Average days on market has decreased by 10% to 47 days. The average condo sells for $255,273. Condo unit sales are up an average of 9% 12 months to date, with apartment-style condos seeing the largest increase in units sold. Condos have seen a 9% decrease in days on market. Average days to sell is 72 days. Lot sales volume is up 51%, 12 months to date. Lot prices have increased by 1%, 12 months to date. Average lot sale price is $164,327. Most active region: North Nanaimo; Highest average price: North Nanaimo.

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