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 $375,000 - $400,000

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  • #105-540 FRANKLYN STREET in NANAIMO: House for sale : MLS® # 417903

    Main Photo: #105-540 FRANKLYN STREET in NANAIMO: House for sale : MLS® # 417903
    $395,000
    Single Family
    Status:
    Active
    MLS® Num:
    417903
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,707 sq. ft.
    Welcome to Franklyn Heights! Old Town Nanaimo's newest residential development. Still time to pick from 1 of 2 designer colour schemes! Built by award winning contractor, Benefield Construction, these homes feature quartz countertops and tile back splashes, undermount sinks, soft closing drawers, 9' ceilings throughout with bonus vaults to 12' in the master suite and additional bedroom. Heat pumps with AC in all units and built to energy star specs for maximum efficiency and comfort. Bonus no property transfer tax and CMHc Energuide Rebate eligible. More details
    Kahl Realty Inc.
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on August 19, 2017
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MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.