Hammond Bay

OCEANFRONT • FAMILIES • LUXURY • STUNNING VIEWS

About Hammond Bay

Enjoy scenic ocean vistas in this beautiful oceanside area cresting the east coast of Nanaimo. Hammond Bay is in the North of Nanaimo and boasts some of the most stunning homes that Vancouver Island has to offer. There are many well laid out communities that cater to retirees looking for condos, families wanting homes in a safe neighbourhood, and affluent individuals looking for luxury homes with astounding views of the Strait of Georgia. Hammond Bay homes are for people looking to have their private piece of the island with cool ocean breezes and stunning views.

Real Estate Statistics
Total Listings 36
Average Price $1,189,448
Highest Price $3,940,000
Lowest Price $389,000

Learn More About Hammond Bay

SEARCH FOR HOMES FOR SALE IN HAMMOND BAY, NANAIMO

SEARCH FOR HOMES FOR SALE IN HAMMOND BAY, NANAIMO

36 Properties Found. Page 1 of 3.
Photo of Listing #883311
New Listing

4735 Lost Lake Rd, Nanaimo

$850,000 - 5 Beds, 2 Baths, 2,578 Sf

MLS® # 883311

RE/MAX Of Nanaimo
Photo of Listing #883092
New Listing

4726 Horizon Dr, Nanaimo

$795,000 - 2 Beds, 2 Baths, 1,571 Sf

MLS® # 883092

Century 21 Harbour Realty Ltd.
Photo of Listing #883243
New Listing

124 Heritage Dr, Nanaimo

$699,900 - 3 Beds, 2 Baths, 1,555 Sf

MLS® # 883243

RE/MAX Of Nanaimo
Photo of Listing #883069
New Listing

3397 Pinestone Way, Nanaimo

$680,000 - 4 Beds, 4 Baths, 2,211 Sf

MLS® # 883069

eXp Realty
Photo of Listing #883050
New Listing

Lot 4 Gulfview Dr, Nanaimo

$419,900

MLS® # 883050

Royal LePage Nanaimo Realty (NanIsHwyN)
Photo of Listing #883054
New Listing

Lot 3 Gulfview Dr, Nanaimo

$419,900

MLS® # 883054

Royal LePage Nanaimo Realty (NanIsHwyN)
Photo of Listing #882873

5221 Toms Trnabt, Nanaimo

$389,000

MLS® # 882873

Sutton Group-West Coast Realty (Nan)
Photo of Listing #882714

4947 Denford Pl, Nanaimo

$849,900 - 5 Beds, 3 Baths, 2,455 Sf

MLS® # 882714

Engel & Volkers Vancouver Island North
Photo of Listing #882779

4856 Finnerty Cres, Nanaimo

$875,000 - 3 Beds, 3 Baths, 2,262 Sf

MLS® # 882779

RE/MAX Alliance
Photo of Listing #882120

5626 Oceanview Terr, Nanaimo

$1,299,995 - 4 Beds, 3 Baths, 2,800 Sf

MLS® # 882120

Sutton Group-West Coast Realty (Nan)
Photo of Listing #882417

4913 Finnerty Cres, Nanaimo

$1,490,000 - 4 Beds, 4 Baths, 4,047 Sf

MLS® # 882417

Sutton Group-West Coast Realty (Nan)
Photo of Listing #882283

5476 Bayshore Dr, Nanaimo

$2,599,900 - 4 Beds, 5 Baths, 3,814 Sf

MLS® # 882283

Royal LePage Nanaimo Realty (NanIsHwyN)

Average Single-Family Home Sale Price

*Prices Exclude Waterfront Properties
  • $1M
    $800K
    $600K
    $400K
    $200K
    $0
  • $550K
    2016
  • $625K
    2017
  • $645K
    2018
  • $777K
    2019
  • $739K
    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.

Hammond Bay's average 2020 selling price of $739,900 has seen a 5% drop compared to the average price in 2019. In 2019, the selling price was at $777,000, but is this due to lower demand? This price discrepancy reflects the more affordable homes built recently in the community, bringing down the total average selling price. These more reasonably priced options are a welcome opportunity as Nanaimo's average house price is more than $650,000 in 2020.

Hammond Bay Stats (2020):

 Amount% Change from 2019
Days on Market 32 +45% Faster
Active Listings 34 +18% Increase
List/sale price 98.8% +1.4% Increase

Homes for sale in Hammond Bay have been selling very quickly in 2020. It's not uncommon for someone to wait 60-90 days for a home to sell, which is exceptional. In 2020 the average number of days-on-market (DOM) to sell a home in Hammond Bay was 32. That means homes are selling 45% faster than compared to 2019. People planning to buy a home in Hammond Bay should consider this as it could affect your ability to purchase a property.

One Benefit to buyers looking for a home in Hammond Bay in 2020 was an increase to 34 active listings, an increase of 18% compared to 2019. The supply of homes has been low in most Nanaimo neighbourhoods, so the additional homes are a welcome surprise. Many of these homes we're New Construction Homes in new developments along Hammond Bay Road. These new homes are more affordable than the typical home in this community, allowing homebuyers to purchase in a fantastic neighbourhood.

Homes in the Hammond Bay area have been purchase near or over the asking price for quite some time. In 2020, a homebuyer could expect to pay 98.8% of the seller's asking price when making an offer on a home. That's a 1.4% increase in the list to sale price ratio when compared to 2019. This statistic shows that we're in a seller's market in Nanaimo, especially regarding a high demand neighbourhood like Hammond Bay. Multiple offers should be expected when buying a home in 2021.


 

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Looking at buying a home in Hammond Bay?

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

 


WHY HAMMOND BAY

Homes over looking islands in the distance in Hammond Bay

Hammond Bay is one of those rare communities that follows stunning rocky coastlines that are so peaceful and beautiful. The nature surrounding this community is in constant change between the season, like the tides' ebb and flow. The fauna found in both the sea and the sky will enthral all wildlife lovers and serve as good company as you explore the many coves and islands along the bay.

HIGHLIGHTS

Large Rainbow over the ocean seen from Pipers Lagoon

The community of Hammond Bay primarily consists of residential areas, schools, and parks. There are no major roads in this area, so everything happens at a snail's pace, especially driving. One place you must visit is Pipper's Pub, which is right off Hammond Bay Road. This pub has excellent food, locally brewed craft beer, and events that appeal to all ages. There is also a small liquor store next door. 

PARKS

Fishing shack on Shack Island in Hammond Bay Nanaimo

The parks found around Hammond Bay are some of the most spectacular places to watch sunrises on Vancouver Island. Pipers Lagoon Park, Neck Point Park, and Shack Island are the most popular and well-maintained and managed by the City of Nanaimo. Morningside Park is a phenomenal beach that is great for swimming, and it right by Hammond Bay Elementary. 

SCHOOL

Frank J Ney Elementary School in Hammond Bay

Frank J. Ney is one of the most popular elementary schools in Nanaimo and is next to some of the most affluent developments in Hammond Bay. This school has impressive facilities and lush outdoor play areas, Harry Whippet Park. If you're looking for French Emersion, Hammond Bay Ecole School is perfect for children learning to become bilingual before entering secondary 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.