Why I Relocated to Nanaimo on Vancouver Island

PRICE

$899,900

BEDROOMS

4 Bedrooms

BATHROOMS

3 Bathrooms

SQFT.

3205 Sqft.

Sometimes a street is perfectly named for what you'll experience when living there; welcome to 2338 Panorama View Drive in Nanaimo, British Columbia, Canada. This rare home has vast panoramic vistas of the mountains, city, and ocean on a sprawling .40 Acre lot w/ a legal one-bedroom suite is sure to impress.

MLS# 872437 is Found near Westwood Lake and surrounded by nature, This area is called South Jingle Pot and is one of the most desirable communities that Nanaimo has to offer. Houses here have sprawling lots, quiet neighbourhoods, and unlimited access to parks and trails.

Though this community is among…

PRICE

$524,900

BEDROOMS

3 Bedrooms

BATHROOMS

2 Bathrooms

SQFT.

1268 Sqft.

Get a sneak peek at this modern three-bedroom, two-bathroom Rancher on a quiet cul-de-sac in Duncan, British Columbia, listed by Scott Lissa of Exp Realty. Located on Marsh Road off of Cowichan Lake Road, this peaceful street has a sprawling park for children to play at the end of the road.

The house has a modern open concept layout with over 1250 square feet of living space on a single floor. This home was built with a crawl space with room for seasonal storage. This space does not include the nearly 400 square foot garage with a skylight, plenty of room for two cars, and a side entrance. The home has been…

$100,000 Increase in House Sale Price in Nanaimo in 28 days. 

The data for February 2021 is for house sale prices in Nanaimo, and if you bought a home one month ago, your home could be worth $100,000 more. In this untenable market, the shock to homebuyers makes the outlook grim, with fewer homes coming on the market than the previous year. Below you find the real estate stats for Nanaimo and surrounding communities based on monthly stats compared to last year.

150 Listings

↓ 57% Fewer Active Listings

11 DOM

↓ 4 fewer Days on Market

155 SOLD

↑ 159% Increase in Sales

Nanaimo Average Single Detached Home Price, February 2021

• $1M $800K $600K $400K $200K $0
…

Multiple bids common in February of 2021

Nanaimo house sales in January of 2021 have been red hot and extremely competitive, commonly with over 10 offers being received in all-out bidding wars. This competition has made homebuyers feel like they are missing out on one of the largest housing booms ever recorded on Vancouver Island.

151 Listings

↓ 57% Fewer Active Listings

11 DOM

↓ 4 fewer Days on Market

151 SOLD

↑ 64% Increase in Sales

Nanaimo Average Single Detached Home Price, January 2021

• $1M $800K $600K $400K $200K $0
• $470K Jan. 2017
• $540K Jan. 2018
• $556K Jan. 2019
• $544K Jan. 2020
• $680K Jan.…

PRICE

$559,900

BEDROOMS

3 Bedrooms

BATHROOMS

3 Bathrooms

SQFT.

2086 Sqft.

1982 Camas Road is a spacious three-bedroom, three-bathroom family home built in 2015 that's coming on the market Wednesday, February 3rd, 2021. If you'd like a showing, please contact us, and we'll arrange a showing at your earliest convenience. Please note that all home showings must adhere to COVID protocols. Hand sanitation is mandatory before entry, and facemasks must be worn at all times.

Backing onto Camas Park, this house is situated in the South Jingle Pot community of Nanaimo on a no-through road near schools, shopping, and Westwood Lake. Within footsteps of the front door, you can be in the wilderness…

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:

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…

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

• …

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…

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 for…