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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

$999,829

AVERAGE PRICE OF 575 HOMES

$1,918,797

AVERAGE PRICE OF 173 MULTI-MILLION DOLLAR HOMES

$1,167,875

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$1,165,746

AVERAGE PRICE OF 13 HOMES WITH A POOL

$924,264

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $999,829
Avg Bedrooms 2.64 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $910,938
2 bedrooms $581,447
3 bedrooms $857,053
4 bedrooms $1,160,812
5 bedrooms $1,117,062
Nanaimo Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 559 491 479 446 422
Average Price $971,248 $960,434 $952,905 $946,442 $939,497
Avg Price Change +1.13% +0.79% +0.68% +0.74% +2.22%
Median Price $752,606 $725,228 $699,439 $700,554 $724,819
Med Price Change +3.78% +3.69% -0.16% -3.46% -3.37%
Avg Bedrooms 2.68 beds 2.67 beds 2.68 beds 2.78 beds 2.84 beds
Avg Bathrooms 2.04 baths 2.02 baths 2.03 baths 2.06 baths 2.08 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 575 $999,829 47 days
Multi-Million Dollar Homes 173 $1,918,797 54 days
Newly Built Homes 83 $1,167,875 61 days
Homes with a Pool 13 $1,165,746 48 days
Reduced Price Homes 17 $924,264 72 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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