Real Estate Market Report for
Nanaimo, BC

Updated : Aug 2016
House
  • Median price $419,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.08%
Apartment
  • Median price $299,000
  • Monthly growth 17.25 %
  • Quarterly trend
  • Stock on market 0.34%
Nanaimo Home Price

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Across the country as a whole, Nanaimo is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $419,900 this month, Nanaimo, British Columbia is a possibility for you price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Nanaimo will hopefully provide an indicator to help you where to research in-depth

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Nanaimo, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 601, this month we show 420.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Nanaimo is number 229 putting it ahead of most neighbourhoods .

Want a cheaply priced house? Then at $299,000 this month, Nanaimo, British Columbia is a possibility for you price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Nanaimo has a huge choice compared to the rest of the province

It’s never an exact art, but to try to forecast how property is going to appreciate in Nanaimo for investors, it’s important to look at data like:

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Beds Median price (House) Median price (Apartment)
1 bedroom $188,700 $144,400
2 bedrooms $299,900 $349,900
3 bedrooms $385,000 $319,900
4 bedrooms $494,950 $389,900
5 bedrooms $525,000 $439,900
6 bedrooms $589,900 $419,900
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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