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.

 

Select the Link below to begin your search!!

Homes from $325,000- $350,000

1-1/1
  • 42 MORGAN PLACE in NANAIMO: House for sale : MLS® # 434684

    Main Photo: 42 MORGAN PLACE in NANAIMO: House for sale : MLS® # 434684
    $339,900
    Single Family
    Status:
    Active
    MLS® Num:
    434684
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,504 sq. ft.
    This is a great deal! This updated 3 bedroom and 2 bath home may be the best buy in North Nanaimo right now!!! This is a great chance to get into the market as a starter home or as a first time buyer. Featuring modern flooring, granite kitchen counter tops, designer light fixtures, modern paint and fully fenced and landscaped backyard featuring a gorgeous patio perfect for outdoor entertaining. This fabulous 1504 sqft home also enjoys updated windows and newer appliances. Located just minutes to 2 elementary schools, and steps to a major bus route to Dover and the mall, this family friendly home will not last. Call today. (id:2493) More details
    SHAWN MCDONALD and KRISTIN MCDONALD of Royal LePage Nanaimo Realty (NanIsHwyN)
    SHAWN MCDONALD
    Kristin McDonald
1-1/1
Listing information last updated on January 20, 2018
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.