If you need assistance, please call 250-218-3895

Nanaimo Market Report

$959,989

AVERAGE PRICE OF 853 HOMES

$1,775,821

AVERAGE PRICE OF 245 MULTI-MILLION DOLLAR HOMES

$1,150,666

AVERAGE PRICE OF 108 NEWLY BUILT HOMES

$1,064,075

AVERAGE PRICE OF 8 HOMES WITH A POOL

$843,258

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $959,989
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $404,030
2 bedrooms $543,090
3 bedrooms $894,166
4 bedrooms $1,017,034
5 bedrooms $1,361,793
Nanaimo Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 849 789 716 637 562
Average Price $931,710 $923,840 $894,948 $920,992 $929,740
Avg Price Change +0.85% +3.23% -2.91% -0.95% -2.32%
Median Price $760,312 $755,411 $747,133 $742,356 $728,248
Med Price Change +0.65% +1.11% +0.64% +1.94% -0.66%
Avg Bedrooms 2.76 beds 2.77 beds 2.71 beds 2.66 beds 2.55 beds
Avg Bathrooms 2.12 baths 2.13 baths 2.11 baths 2.07 baths 1.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 853 $959,989 60 days
Multi-Million Dollar Homes 245 $1,775,821 69 days
Newly Built Homes 108 $1,150,666 60 days
Homes with a Pool 8 $1,064,075 44 days
Reduced Price Homes 31 $843,258 56 days