Average Single-Family Home Sale Price

• $1M
  $800K
  $600K
  $400K
  $200K
  $0
• $569K
  2016
• $620K
  2017
• $646K
  2018
• $635K
  2019
• $700K
  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.

Dover Bay has seen increases in real estate prices for houses, condos, townhomes, land and waterfront properties in 2020. Detached homes are the most popular choice for home buyers, and this demand has increased the average price to $700,000. This increase is one of the most massive jumps in home prices for a Nanaimo community in the last five years.

North Nanaimo Stats (2020):

Condos have seen an increase in sales in Dover Bay, but by a small margin. The price of a condo in Dover Bay reached $343,000, a rise of 1.2% in 2020. Demand for housing is high, but people are primarily looking for detached homes, duplexes, or townhomes to have their own space. This lack of demand for condos is reflected by the increasing days on the market some sellers experience.

Townhomes in Dover Bay have always been in high demand due to the beautiful planned community overlooking the ocean, which retirees love to purchase for downsizing. The price for a townhome in Dover Bay has reached $447,000 in 2020, a modest increase of 4.5% since the previous year.

Waterfront properties have seen an enormous leap in values over the past ten years in Nanaimo. It was not long ago that it was unheard-of to sell a home for a million dollars, being waterfront or not. In 2020, waterfront homes in Dover Bay have now reached an average sale price of 1,575,000. That means the sales price has increased by over 25% in a single year.

Land for building in Dover Bay is in short supply, which is reflected in the average sale price. Residential land reached $320,000 for the average sale price of a lot. New Construction Homes in Dover Bay is a rarity due to the lack of buildable land remaining in the community.

WHY DOVER BAY

North Nanaimo communities have the best selections of rancher, west coast contemporary, and modern home styles. Homes here have generous lots with lush landscaping and privacy for decerning homeowners.

As one of Nanaimo's most desirable areas to buy a home, luxury two-story homes are prevalent with multiple car garages, three-plus bedrooms, three plus bathrooms, and incredible views of the Strait of Georgia. 

Dover homes and condos are ideal for families and retirees looking to relocate for a vibrant lifestyle with ease of access to shopping, schools, amenities, and leisure activities.

HIGHLIGHTS

Dover residents are very close to Nanaimo's largest shopping mall, Woodgrove Centre. Woodgrove offers a variety of major chains such as GAP, Sportchek, and Walmart.

Right next to Woodgrove Center you'll find a Costco and Real Canadian Super Store for all your bulk grocery needs. There's also a Save-On-Food's if you just need somthing quick. 

If you're a golf enthusiast, the Winchelsea View Golf Course is a short five to ten-minute drive, and Fairwinds Golf Resort is a short 15-minute drive north on the Island Highway.

PARKS

There are many parks in the Dover area for you to relax and enjoy the Island lifestyle. Blueback Park offers expansive sand beaches which are fantastic for family picnics, romantic sunset walks, and catching a great tan in the summer months.

Invermere Beach is a phenomenal off-leash dog park in a protected bay which allows for your furry family members to frolic on the sandy beaches with other dogs.

McGirr Sports Field is very close as well for baseball enthusiasts and people looking for well-kept grass fields for athletic training. Many amateur baseball games are played here every year throughout the summer and you can join these pick-up leagues as well. 

SCHOOL

The Dover Community is in the McGirr Nanaimo School District catchment area. There is both an Elementary school and Secondary School, Dover Bay Secondary School for students from grades 8-12, and McGirr Elementary School for students in grades K-7.

The McGirr school catchment area is the most desirable place for parents wanting the best for their children's future. The Elementary and Secondary Schools are side by side allowing students to access facilities at both locations with ease. 

Surrounding the schools are beautiful family homes and quiet streets filled with locals walking their pets. You could not ask for a safer area for your child to attend school.