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Real Estate Market Overview For Nanaimo (January 2015)


63 single family homes sold. Avg. price $372,048 (up 5% 12 months to date, this year over last). 0 waterfront homes sold, 5 lots sold & 27 condos sold. Single family unit sales volume is up 10% 12 months to date. Average days on market has decreased by 13% to 49 days. The average condo sells for $263,906. Condo unit sales are up an average of 5% 12 months to date, with apartment-style condos seeing the largest increase in units sold. Condos have seen a 12% increase in days on market. Average days to sell is 81 days. Lot sales volume is up 109% 12 months to date. Lot prices have increased by 6%, 12 months to date. Average lot sale price is $165,968. Most active region: North Nanaimo; Highest average price: Departure Bay.

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