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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

$932,249

AVERAGE PRICE OF 661 HOMES

$1,685,180

AVERAGE PRICE OF 181 MULTI-MILLION DOLLAR HOMES

$1,071,581

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$1,225,325

AVERAGE PRICE OF 20 HOMES WITH A POOL

$711,289

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $932,249
Avg Bedrooms 3.03 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $370,584
2 bedrooms $558,587
3 bedrooms $804,973
4 bedrooms $1,125,007
5 bedrooms $1,241,800
Nanaimo Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 663 n/a n/a n/a 296
Average Price $940,211 n/a n/a n/a $1,000,404
Avg Price Change n/a n/a n/a n/a -2.80%
Median Price $799,720 n/a n/a n/a $802,889
Med Price Change n/a n/a n/a n/a +6.19%
Avg Bedrooms 3.01 beds n/a n/a n/a 2.68 beds
Avg Bathrooms 2.22 baths n/a n/a n/a 1.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 661 $932,249 46 days
Multi-Million Dollar Homes 181 $1,685,180 58 days
Newly Built Homes 63 $1,071,581 46 days
Homes with a Pool 20 $1,225,325 35 days
Reduced Price Homes 40 $711,289 31 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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