Why I Relocated to Nanaimo on Vancouver Island

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Nanaimo Waterfront Harbour at Sunset During Winter.

The December 2020 Real Estate Statistics for Nanaimo Single-Detached Houses.

 

144 Listings

↓ 93% in Active Listings

16 DOM

↓ 15 fewer Days on Market

87 SOLD

↑ 61% Sales


Nanaimo Average Single Detached Home Price, December 2020

  • $1M $800K $600K $400K $200K $0
  • $458K Dec. 2016
  • $487K Dec. 2017
  • $521K Dec. 2018
  • $567K Dec. 2019
  • $646K Dec. 2020
Average home sale price compared to the previous four years of sales data.

Average Price by Property Type:

Property Type Sale/List Price Avg Sale Price
Single-Family 100% $646,000
Condo  100%
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Fall sunset over a pond with bright read maple leafs.

The average house price and the total number of sales in Nanaimo have increased again compared to November of last year, despite fewer homes on the market. Due to the dwindling number of available homes, the average days-on-market (DOM) to sell a house has decreased from 34 days to 24 days. 

300 Listings

↓ 4% in Active Listings

24 DOM

↓ 10 fewer Days on Market

104 SOLD

↑ 6.12% Sales

 

Nanaimo Average Single Detached Home Price, November 2020

  • $1M $800K $600K $400K $200K $0
  • $442K Nov. 2016
  • $525K Nov. 2017
  • $528K Nov. 2018
  • $579K Nov. 2019
  • $649K Nov. 2020
Average home sale price compared to the…
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Fall day on Vancouver Island with blue sky.

The results are in for October 2020, and the real estate market on Central Vancouver Island continues to defy gravity. The stock of houses, condos and land is bought at a record pace, with multiple buyers competing for ownership. This competitive market has many buyers stressing out while sellers receive the asking price or more for their homes.

Many factors are driving this trend that has been difficult to predict for most market analysts. Many people predicted that prices would be falling for homes across Canada due to COVID. However, COVID has generated more home buyers looking to move to Vancouver Island and leave the mainland behind.

Nanaimo Average Single Detached Home Price, October 2020

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Picture of 922 Russell Road with NEW LISTING

PRICE

$594,500

BEDROOMS

3 Bedrooms

BATHROOMS

2 Bathrooms

SQFT.

1503 Sqft.

Superb new construction rancher in a brand new development of south Ladysmith built by John Schlitz Construction Ltd. Locally known as a well-respected contractor for over 20 years, this house was built with quality and care.

This home comes complete with a new home warranty and includes appliances, on-demand hot-water, blinds, alarm systems, landscaping and fencing. All you need to do is move in and start enjoying the island life.

Built on a corner lot, this spacious home has a fantastic layout with outdoor space for gardening, entertaining, and RV parking. You'll find a patio in front of the house that receives…

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Rancher style home build in the 90's

PRICE

$574,900

BEDROOMS

3 Bedrooms

BATHROOMS

2 Bathrooms

SQFT.

1519 Sqft.

Found in one of the most desirable communities on mid-Vancouver Island, This impeccable rancher is in a quiet neighbourhood with everything you need and has updated throughout the home. Located in a beautiful suburb of Parksville, you'll be minutes from walking trails, off-leash dog parks, and the beach. And if our a golfer, there are some of Vancouver Islands' best golf courses surrounding you to enjoy year-round. 

 

HOME FLOOR PLAN

Entering the house, spacious family rooms greet you with large windows, vaulted ceilings and an inviting gas fireplace. This room leads to a cozy formal dining room which is perfect…

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Bag of money

PRICE

$549,900

BEDROOMS

3 Bedrooms

BATHROOMS

3 Bathrooms

SQFT.

1639 Sqft.

This townhome is the perfect space for someone looking to downsize into one of the best North Nanaimo communities available. Blairmore Estates was built in 2002 and is found in a quiet area backing onto park space, but only minutes away from all the amenities you'd need in your day to day life. This private community borders Rutherford Park, offering serein views of nature in an exceptionally well-maintained community build in 2002. 

HOME FLOOR PLAN

The first floor of this townhome has an open concept layout with modern finishings throughout. The kitchen has plenty of counter space with ample storage in beautiful wood…

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Bag of money

PRICE

$624,900

BEDROOMS

3 Bedrooms

BATHROOMS

3 Bathrooms

SQFT.

1870 Sqft.

Found in the most desirable new subdivision in Nanaimo, 5704 Linley Valley Drive is the perfect home for anyone looking to live among nature. This property is a detached duplex with no monthly fees and has luxury finishes throughout the three bedrooms three-bathroom house. Built-in 2013, this home is covered under New Home Warranty Insurance, ensuring peace of mind for the next homeowners.

The spacious entrance leads you to an open-concept living area with a massive kitchen with grand cupboards, overlooking a spacious dining area with room for the whole family to dine, and a living room with a gas fireplace. Large windows…

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Luxury ocean view condo

$534,900

CONDO PRICE

$520/month

STRATA FEES

1589 sqft.

FLOOR SPACE

180°

OCEANVIEW

Stunning luxury condo with ocean views is one of the most unique properties Nanaimo has to offer. The grandeur of space is immediately apparent as you walk in the private entrance. Towering vaulted ceilings, gorgeous natural light, and chic esthetic carries thought the open concept layout. The kitchen has an impressive size that's perfect for cooking and entertaining with class and style. Complete with gas stove, stainless steel appliances and granite countertops, this area will inspire all cooks to be creative.

The dining and living room overlooks the ocean and Newcastle island, which is spectacular to…

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SEE FULL LISTING

Barrington Heights is a stunning adult-oriented community surrounding one of the most beautiful parks in Nanaimo. This area is an oasis filled with wildlife, nature and a spectacular pond that has to be seen to believe. Opportunities to buy a townhome in this development are scarce as the residents rarely find a reason to leave.

All of the townhomes encircle a tranquil water feature filled with koi fish, turtles, and frogs enjoying the sun in this hidden community. Walking paths, seating areas, and hammocks can be found throughout the property, allowing residents to take a quiet stroll, read a book, or sit and enjoy all the sounds of nature all day long.

The residences found in this development offer a tremendous amount of…

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Bag of money

PRICE

$749,900

BEDROOMS

5 Bedrooms

BATHROOMS

4 Bathrooms

SQFT.

3117 Sqft.

671 Colonia Drive is a stunning home nestled on a 1/3 acre corner lot complete with a natural creek running through the property in beautiful Ladysmith, BC.  Backing onto Holland Creek Park, you'll have access to the endless rivers, waterfalls and trails, which makes this area extremely desirable. The 6.5 km trail that leads around the park will bring you to Heart Lake, a quiet destination to commune with nature.

 

The Trails

6.5 km of well-maintained trails lead around the park and up to Heart Lake.

The River

Stunning river running through Holland Park starting at Heart Lake.

The…

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