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Nanaimo Market Report

$963,954

AVERAGE PRICE OF 498 HOMES

$2,041,197

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$1,119,497

AVERAGE PRICE OF 75 NEWLY BUILT HOMES

$1,001,892

AVERAGE PRICE OF 12 HOMES WITH A POOL

$689,173

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $963,954
Avg Bedrooms 2.67 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $1,019,407
2 bedrooms $528,089
3 bedrooms $810,787
4 bedrooms $1,019,309
5 bedrooms $1,122,547
Nanaimo Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 446 422 482 585 661
Average Price $946,442 $939,497 $919,111 $901,322 $915,576
Avg Price Change +0.74% +2.22% +1.97% -1.58% -1.11%
Median Price $700,554 $724,819 $749,213 $749,201 $767,583
Med Price Change -3.46% -3.37% +0.00% -2.45% -2.58%
Avg Bedrooms 2.78 beds 2.84 beds 2.97 beds 3.01 beds 3.11 beds
Avg Bathrooms 2.06 baths 2.08 baths 2.16 baths 2.2 baths 2.28 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 498 $963,954 53 days
Multi-Million Dollar Homes 124 $2,041,197 65 days
Newly Built Homes 75 $1,119,497 55 days
Homes with a Pool 12 $1,001,892 63 days
Reduced Price Homes 23 $689,173 47 days