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

1-2/2
  • #403-5650 EDGEWATER LANE in NANAIMO: House for sale : MLS® # 434712

    Main Photo: #403-5650 EDGEWATER LANE in NANAIMO: House for sale : MLS® # 434712
    $375,000
    Single Family
    Status:
    Active
    MLS® Num:
    434712
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,032 sq. ft.
    This spacious top floor condo offers an open concept design and includes two bedrooms and two bathrooms. The bedrooms are well situated on opposite sides of the home for nice privacy and access to the main bathroom from the second bedroom makes it very convenient for guest. The large master bedroom has a four piece bathroom and also offers access to the covered patio through sliding glass doors. In the living room you will find a cozy modern gas fireplace as well as access to the covered patio space. The kitchen is nicely laid out with plenty of counter space and cupboards. There is a large laundry room, an underground parking stall and storage unit. The clubhouse here offers many activities for the residents as well as guest suites. A quick stroll brings you to the amenities of Longwood Stations. No age restriction. This home is in extremely nice condition and is a wonderful place to call home. For more information contact Catherine McCull or Jim Stewart 250-591-4601 (id:2493) More details
    CATHERINE MCCULL and JIM STEWART of 460 Realty Inc.
    SHAWN MCDONALD
    Kristin McDonald
  • 4823 FAIRBROOK CRES in NANAIMO: House for sale : MLS® # 434691

    Open House on Sunday, January 21, 2018 1:00 PM - 3:00 PM
    Main Photo: 4823 FAIRBROOK CRES in NANAIMO: House for sale : MLS® # 434691
    $399,000
    Single Family
    Status:
    Active
    MLS® Num:
    434691
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,340 sq. ft.
    Excellent location! This move-in ready, North Nanaimo half duplex, located in the desirable Sunshine Ridge, offering 1340 sqft of bright, neutral living space and beautiful southern views over the pond below to the mountains in the distance. Convenient North Nanaimo location, close to lots of shopping and all levels of schools. The main level offers a spacious living room, bright kitchen and adjoining eating area with sliding door opening to the upper deck, master bedroom with double mirrored closets and pocket door to main 4 piece bath. The lower level has two additional bedrooms, one with sliding door to lower deck, the 2nd four piece bath and large laundry/utility area. The back yard is fully fenced and has been landscaped with terracing and lots of garden beds. This is a clean and tidy home in a fantastic area. Low maintenance vinyl exterior, exposed aggregate driveway, two decks & garage with opener. Possibly the best value in town! (id:2493) More details
    SHARON JENSEN and XU SUN of Royal LePage Nanaimo Realty (NanIsHwyN)
    SHAWN MCDONALD
    Kristin McDonald
1-2/2
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.