Sales Volume and Average Prices Continue to Fall in August

Single Family Prices and Volume

90 single-family homes sold in August, 19 less than the 109 sold in July, and 20 fewer than reported as sold in August of last year. The average …

AVERAGE SALE PRICE DOWN IN JULY, SALES VOLUME APPEARS TO BE STABILIZING 

Single Family Prices and Volume

109 single-family homes sold in July, 3 less than the 112 sold in June, and the same number as reported as sold in July of last …

First Half of 2019 Marked by Continued Volume Slowdown

Single Family Prices and Volume

112 single-family homes sold in June, 24 less than the 136 sold in May, and 4 more than the 108 that were reported as sold in the same timeframe last year. …

Nanaimo Market Remains Relatively Resilient in May

Single Family Prices and Volume

136 single-family homes sold in May, 32 more than the 104 sold in April, but 3 less than the 139 that were reported as sold in the same timeframe last year. The average home price …

Average Sale Price Climbs to New High on Reduced Sales Volume 

Single Family Prices and Volume

104 single-family homes sold in April, 9 more than the 95 sold in March, but 18 less than the 122 that were reported as sold in the same timeframe …

Inventory Levels Mounting At The Higher End of The Market

Single Family Prices and Volume

95 single-family homes sold in March, 24 more than the 71 sold in February, but 6 less than the 101 that were reported as sold in the same timeframe last …

Average Home Price Is Down Year-over-year for First Time in Years

Single Family Prices and Volume

71 single-family homes sold in February, 16 more than the 55 sold in January, but 14 less than the 85 that sold in the same timeframe last year. The …

January Market Conditions Show Further Signs of Weakness 

Single Family Prices and Volume

55 single-family homes sold in January, 9 more than the 46 sold in December, however more notably 38% less than the 89 that sold in the same timeframe …

2019 Forecast

Once again time to pull out the old crystal ball for the 3rd edition of our annual Nanaimo real estate market forecast...Well not exactly…From day 1 the Jahelka Real Estate Group has prioritized delivering value-added content, a true advisory approach in a largely transaction …

2018 Nanaimo Market Recap

Single Family Prices and Volume

1,212 single-family homes were sold in 2018, down 24.5% from the 1,605 sold in 2017. The average sale price for a single-family home increased by over 7% to $556,820 from $518,449 a year earlier. …