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 $400,000 -$450,000

1-3/3
  • 5338 ARBOUR LANE in NANAIMO: House for sale : MLS® # 429441

    Main Photo: 5338 ARBOUR LANE in NANAIMO: House for sale : MLS® # 429441
    $403,900
    Single Family
    Status:
    Active
    MLS® Num:
    429441
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,692 sq. ft.
    So peaceful and quiet. Just listed August 14 @ 403900. Situated in the Highlands and close to all amenites. This lovely townhouse condominium is 1159 sqft on the level entry floor with a master suit and ensuite, plus a den, great room and formal dining area, stepsaver kitchen and nook that open out to the private patio;vaulted ceilings and hardwood floors. on the upper level is 533 sqft with another master bedroom and ensuite with a large walkin closet; a very nice home to view and a great lifestyle purchase. More details
    Pemberton Holmes Ltd.
    SHAWN MCDONALD
    Kristin McDonald
  • 186 BIRD SANCTUARY DRIVE in NANAIMO: House for sale : MLS® # 429426

    Main Photo: 186 BIRD SANCTUARY DRIVE in NANAIMO: House for sale : MLS® # 429426
    $419,900
    Single Family
    Status:
    Active
    MLS® Num:
    429426
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,895 sq. ft.
    This five bedroom basement entry residence is in a great location close to sports fields, Aquatic Centre and Vancouver Island University. Steps from your own front door is Buttertubs Marsh. This bird and wildlife sanctuary has a 2 km loop trail with viewing platforms. The home is set on a large lot designed to take in Mt Benson views from inside and out. With a bit of imagination and hard work, this property can be renewed to become the perfect home for a growing family. On the main level is a spacious living room with gas fireplace and adjoining dining room. Glass doors open onto a partly covered front deck which takes in Mt. Benson views. Everything is at your fingertips in the efficient kitchen and for casual meals, there is an eating nook with access to the rear decks, both with wonderful Mt. Benson views. Three bedrooms and two bathrooms complete this level. The lower level is ideal for teens as there is a spacious family room, three piece bathroom and two bedrooms. The laundry room is equipped with a stacking washer and dryer and offers access to the single garage. A garden shed provides added storage. This is a wonderful opportunity to put your own special touches on an affordable home in a great neighborhood. All data and measurements are approximate and must be verified if fundamental. On realtor.ca click the icons above for immersive 3d tour, aerial video, floor plans and more, or visit MillerRealEstate.com. More details
    RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • #106-150 PROMENADE DRIVE in NANAIMO: House for sale : MLS® # 429224

    Main Photo: #106-150 PROMENADE DRIVE in NANAIMO: House for sale : MLS® # 429224
    $434,900
    Single Family
    Status:
    Active
    MLS® Num:
    429224
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    1,018 sq. ft.
    Luxurious Cameron Island waterfront. Ground level large one bedroom and den apartment style condominium. Steps to all downtown conveniences, a solid investment in a superior building and location. More details
    RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
1-3/3
Listing information last updated on August 19, 2017
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.