Real Estate Market in Nanaimo, BC

As diverse as the history and the economy is here, so is the real estate market. Buying in Nanaimo provides residents with incredible views and access to the Strait of Georgia, sandy, coastal homes, and peaceful bays with marina access.

When considering what to buy in Nanaimo, buyers have numerous options. Along the outskirts of town are larger properties many that are still farmland. This is also where many new developments are springing up in Nanaimo. For more traditional housing, select properties in the historic district and downtown areas. Homes are smaller but offer more traditional features. Many homes were built in the 1970's through the 1990's. As a result, modern, stylish homes are also available in various neighborhoods within the city.


Home values are growing year-after-year in Nanaimo but remain affordable. The average selling price for real estate in October of 2015 was $380,054, which is about a 1% increase from the previous year. In the same month, about 380 homes were for sale, significantly lower than the 443 from the previous year. This shows the demand for real estate in Nanaimo and the surrounding areas. From single-family homes with 2 and 3 bedrooms (some of the most popular), to large, luxurious estates on spacious parcels of land, numerous options exist in this area.


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Homes from $300,000-$325,000

  • #105-38 FRONT STREET in NANAIMO: House for sale : MLS(r) # 426752

    Main Photo: #105-38 FRONT STREET in NANAIMO: House for sale : MLS(r) # 426752
    Single Family
    MLS® Num:
    Floor Area:
    930 sq. ft.
    PRESTIGIOUS PACIFICA -- Rare loft style live/work space. Soaring 14 ft. ceilings make this a truly spectacular and unique space. Sunken bonus room or office with 2 pc bath and Front Street private entrance makes it a perfect spot for a home-based business, as well. Pets and rentals allowed in this building, and dog owners will love the immediate access to outdoors for those late-night strolls. Upstairs bedroom with a bull bath keeps your room private as you entertain or interact with clients. Floor to ceiling windows, warm Amberwood color scheme, stainless appliances, in-suite w/d, granite countertops, gas fireplace, and many more amenities. Don't miss this rare opportunity to view this unit. One of only 6 in the whole complex. Call Charlotte Kersting today to see this beautiful home More details
    460 Realty Inc. (Parksville)
    Kristin McDonald
Listing information last updated on June 28, 2017
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