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Nanaimo Real Estate Market Update – March 2019

 

While the Mortgage Stress Test continues to decrease the number of home sales in Nanaimo and BC-wide, the year over year price has still increased steadily.

 

Let’s take a closer look at Nanaimo’s real estate market numbers from February 2019 ….

Nanaimo Single Family Home Market Price

  • Benchmark price for a Single Family home came in at $545,700 
  • 1.97% increase from 1 month ago
  • 11.76% increase from 1 year ago

Nanaimo Apartment Market Price

  • Benchmark price for a Apartment in Nanaimo came in at $338,900 
  • 1.97% increase from 1 month ago
  • 11.76% increase compare to 1 year ago

Nanaimo Townhouse Market Price

  • Benchmark price for a townhouse in Nanaimo came in at $357,600 
  • 3.01% increase from 1 month ago
  • 8.38% increase from 1 year ago

Nanaimo Area Sales

Here is a closer look at the average sale price of a home in the different areas in Nanaimo as well as the sale volume.