December 2020 RSS Feed

Found 1 blog entry for December 2020.

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. 

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300 Listings

↓ 4% in Active Listings

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24 DOM

↓ 10 fewer Days on Market

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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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