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Nanaimo

Why you'd want to live in Nanaimo

Nanaimo is officially known as Harbour City for good reason. Stretched like a long, lean finger along the east coast of south-central Vancouver Island, British Columbia's sixth-largest city gets its identity, history and a wealth of recreation from a lovely, island-sheltered harbour right in the heart of town. Hiking, boating, kayaking, biking and world-class scuba diving and snorkeling are everyday activities at the bustling waterfront, as seaplanes take flight from sparkling blue waters. Today, Nanaimo (population 84,228) is a fast-growing urban centre that is no longer merely the premier gateway to Vancouver Island. A boldly revitalized downtown core, delightful harbourfront walkway, sparkling new museum, affordable art galleries, and a wealth of cool shopping and dining alternatives are good reasons to park the car, find accommodations and stay awhile.

Nanaimo Market Report

$954,178

AVERAGE PRICE OF 435 HOMES

$2,055,255

AVERAGE PRICE OF 105 MULTI-MILLION DOLLAR HOMES

$1,099,358

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$1,147,686

AVERAGE PRICE OF 7 HOMES WITH A POOL

$896,823

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $954,178
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $1,059,043
2 bedrooms $529,619
3 bedrooms $705,187
4 bedrooms $1,074,800
5 bedrooms $1,075,438
Nanaimo Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 422 482 585 661 650
Average Price $939,497 $919,111 $901,322 $915,576 $925,730
Avg Price Change +2.22% +1.97% -1.58% -1.11% -0.88%
Median Price $724,819 $749,213 $749,201 $767,583 $787,413
Med Price Change -3.37% +0.00% -2.45% -2.58% -1.48%
Avg Bedrooms 2.84 beds 2.97 beds 3.01 beds 3.11 beds 3.03 beds
Avg Bathrooms 2.08 baths 2.16 baths 2.2 baths 2.28 baths 2.23 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $954,178 55 days
Multi-Million Dollar Homes 105 $2,055,255 78 days
Newly Built Homes 69 $1,099,358 45 days
Homes with a Pool 7 $1,147,686 70 days
Reduced Price Homes 21 $896,823 51 days
Ohs Marketing Team
Rob Ohs
679 Memorial Avenue
Qualicum Beach, BC V9K 1TA
250-752-7653

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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