Departure Bay

OCEANFRONT • LUXURY • FAMILIES • RETIREES • 55+

About Departure Bay

Departure Bay offers homebuyers the best views of Departure Bay with ease of access to downtown, where you can watch the ferries, seaplanes, and sailboats voyage into the rising sun. Departure Bay homes are walking distance from downtown Nanaimo and offer various homes and condos from which to choose. This is one of the best-established communities in Nanaimo, with its roots extending back to Nanaimo's foundation in the 1800s. If you're looking for a home or condo in Nanaimo with direct access to all the downtown amenities, Departure Bay may be the best choice for your new home.

Real Estate Statistics
Total Listings 26
Average Price $933,796
Highest Price $3,250,000
Lowest Price $409,900

More About Departure Bay

SEARCH HOMES FOR SALE IN DEPARTURE BAY, NANAIMO

SEARCH HOMES FOR SALE IN DEPARTURE BAY, NANAIMO

26 Properties Found. Page 1 of 3.
Photo of Listing #872727
New Listing

2845 Cosgrove Cres, Nanaimo

$869,900 - 5 Beds, 3 Baths, 2,870 Sf

MLS® # 872727

460 Realty Inc.
Photo of Listing #872559
New Listing

2560 Departure Bay Rd 407, Nanaimo

$469,000 - 2 Beds, 2 Baths, 1,666 Sf

MLS® # 872559

RE/MAX Of Nanaimo
Photo of Listing #872487
New Listing

1666 Sheriff Way, Nanaimo

$3,250,000 - 5 Beds, 7 Baths, 6,456 Sf

MLS® # 872487

RE/MAX Of Nanaimo
Photo of Listing #871958
New Listing

2555 Battersea Rd, Nanaimo

$1,695,000 - 4 Beds, 3 Baths, 2,311 Sf

MLS® # 871958

Sutton Group-West Coast Realty (Nan)
Photo of Listing #872239
New Listing

3217 Hammond Bay Rd 5, Nanaimo

$474,900 - 3 Beds, 4 Baths, 1,581 Sf

MLS® # 872239

Royal LePage Parksville-Qualicum Beach Realty (PBO)
Photo of Listing #871786

3300 Country Club Dr, Nanaimo

$575,000 - 4 Beds, 3 Baths, 1,788 Sf

MLS® # 871786

RE/MAX Of Nanaimo
Photo of Listing #871862

3043 Alan A Dale Pl, Nanaimo

$699,900 - 4 Beds, 2 Baths, 2,457 Sf

MLS® # 871862

RE/MAX Of Nanaimo
Photo of Listing #871226

3174 Mexicana Rd, Nanaimo

$599,900 - 3 Beds, 2 Baths, 1,428 Sf

MLS® # 871226

RE/MAX Of Nanaimo
Photo of Listing #871608

2560 Departure Bay Rd 503, Nanaimo

$439,900 - 2 Beds, 2 Baths, 1,160 Sf

MLS® # 871608

Sutton Group-West Coast Realty (Nan)
Photo of Listing #870824

750 Quilchena Cres, Nanaimo

$599,900 - 2 Beds, 2 Baths, 1,560 Sf

MLS® # 870824

460 Realty Inc.
Photo of Listing #871035

3245 Granite Park Rd, Nanaimo

$998,000

MLS® # 871035

RE/MAX Of Nanaimo
Photo of Listing #870511

3075 Alan A Dale Pl, Nanaimo

$649,900 - 4 Beds, 2 Baths, 2,005 Sf

MLS® # 870511

RE/MAX Of Nanaimo

Average Single-Family Home Sale Price

*Prices Exclude Waterfront Properties
  • $1M
    $800K
    $600K
    $400K
    $200K
    $0
  • $446K
    2016
  • $498K
    2017
  • $560K
    2018
  • $549K
    2019
  • $615K
    2020

Average detached home sale price compared to the previous four years of sales data. Please note this data is only a comparison of the data collected to data in the current calendar year.

The average sale price for a home in Departure Bay in 2020 was $615,000 and increased by nearly 12% from 2019. This community is older and has many large lots that are highly desirable to home buyers. Real estate prices have been on a steady climb for the last five years in this area of Nanaimo, and that trend is expected to continue into 2021.

Departure Bay Stats (2020):

 Amount% Change from 2019
Days on Market 17 Neutral
Active Listings 22 -37% Decrease
List/sale price 100.4% +2.1% Increase

Real estate is selling quickly in this community. In 2020, a home took only 17 days to sell on average (ADOM). That's about the same to sell a home as in 2019 when it took about 16 days. The demand for homes in communities with great beaches, parks and schools will always be high among home buyers. These are some of the primary attributes of Departure Bay that make it so desirable.

One of the driving factors of the ADOM is the lack of available homes to purchase. In 2020 there were only 22 active listings per month on sale, a 37% decrease from 2019. With fewer homes on the market in Departure Bay, prices will continue to rise in 2021 until more homes come on the market. New developments in Barrington Heights will include condos, townhomes, and single-family dwellings will be completed in early 2021 and 2022.

Buying a home in Departure Bay in 2020 was competitive, which is reflected in the increasing price and short time real estate remains on the market. These trends are further reinforced by the increased percentage achieved of asking price by sellers. In 2019, the seller could expect to receive 98.3% of the list price of their property. In 2020 that figure increased 2.1% to 100.4%. That means that sellers of homes in Departure Bay are getting more money than they'd initially asked.

Read the Latest Market Report


 

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Looking at buying a home in Departure Bay?

CALL: 250.618.5158 today if you have any questions about houses, condos, or land for sale in Departure Bay. We are local experts that pride ourselves on informing people of all the benefits living in Nanaimo has to offer.

 


WHY DEPARTURE BAY

Departure Bay Beach in fall

Departure Bay is one of the more affordable oceanfront communities in Nanaimo. But it also borders the Nanaimo Golf Club, which has beautiful facilities, clubhouse, and restaurant. This area is beneficial for first time home buyers, retirees, and families looking for a safe community in a stunning sandy bay.

HIGHLIGHTS

Mossy stairs leading up Sugar Loaf Mountain

Drip Coffee has a modern cafe overlooking departure bay beach and makes delicious coffee. Sit a read a book, or get a coffee to go and visit Sugar Loaf Mountian. This popular destination is one of the top highlights found just off Marion Way. A short five-minute walk takes you to a fantastic viewpoint that will inspire.

PARKS

Concrete picnic table overlooking Departure Bay sunrise

Kinsmen Park is a popular recreation area that hosts multiple outdoor events every year. People enjoy waking sandy beaches while eating fantastic food from local food trucks. These beaches are also popular with anglers that like to cast off-shore while the tides are low and the deep waters are more accessible.

SCHOOL

Departure Bay elementary school at sunrise

Found just off Departure Bay Road, Departure Bay Elementary is very popular with parents due to its excellent facilities and spacious playgrounds overlooking the ocean. This school is easily accessible for children who choose to walk or bike to school from the safe communities surrounding this school.

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VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.