Nanaimo Records Second Highest Single-Family Sales Volume in More Than 2 Years 

The month of June saw BC move into Phase 3 of the province’s restart plan. Dating back to the early stages of 2020 before the COVID-19 related economic lockdown, there was reason for optimism in the …

COVID-19 Continues To Slow Sales Volume in May

The month of May saw us move into Phase 2 of the province’s restart plan which certainly represents a few steps in the right direction for the economy and our sanity, however, the world we knew …

Average Home Prices Hold, Sales Volume Drops Significantly in April  

The COVID-19 pandemic continues to significantly impact the economy, our routines, and all that we knew as normal just a couple of short months ago. As the month of February drew to a close, there was …

Overall March Market Conditions Surprisingly Resilient in Light of COVID-19

Given the developments of the COVID-19 pandemic in the Month of March, including the proactive measures essentially shutting down much of the local economy that were taken in an effort to flatten the curve, …

Average Price Holds Over $600k, While Sales Volume Remains Light

Single Family Prices and Volume

66 single-family homes sold in February, up 53% from the 43 that sold in January, and 5 less than the 71 that sold in February of last year. …

Average Single-Family Homes Price Sets All-Time Record High in January

Single Family Prices and Volume

43 single-family homes sold in January, 36% less than the 67 that sold in December, and 12 less than the number sold in January of last year. On this lower …

2019 Nanaimo Market Recap & 2020 Look Ahead

Single Family Prices and Volume

1,123 single-family homes were sold in 2019, down 7.3% from the 1,212 sold in 2018, which in itself was down 24% from the 1,605 homes that sold in 2017. The average sale …

Some Positive Signs for the Nanaimo Market in November

Single Family Prices and Volume

100 single-family homes sold in November, 3 more than the 97 that sold in October, and 24 more than what sold in November of last year. The average home price went …

October Market Conditions Continue to Reflect a More Balanced Market

Single Family Prices and Volume

97 single-family homes sold in October, 6 more than the 91 that sold in September, and 24 fewer than what sold in October of last year. …

Depressed Sales Volume Remains the Story in September

Single Family Prices and Volume

91 single-family homes sold in September, 1 more than the 90 that sold in August, and 7 fewer than what sold in September of last year. The average home price was up …