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!!

Seascape drawn map

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  • #602-2560 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 437515

    Main Photo: #602-2560 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 437515
    $399,900
    Single Family
    Status:
    Active
    MLS® Num:
    437515
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,431 sq. ft.
    This lovely 2 story condo is located in Seascape Manor and close to wonderful amenities, including shopping, bus routes and within walking distance to the beach. The bright and open living room offers vaulted ceilings and views of Departure Bay and access to the peaceful balcony. The well-sized kitchen has plenty of cupboard space with white cabinetry and tiled backsplash. This spacious floorplan features 2 bedrooms with large skylights, an updated main bathroom and ensuite. The charming master bedroom is located on the upper level and features a loft-like setting with an office/den area, large ensuite and 2 walk-in closets. The sizeable balcony overlooks the delightful outdoor pool and picturesque grounds of this well-maintained building. Other highlights of this well-managed building include an indoor hot tub, sauna and exercise room. Adult-oriented with no rentals. (id:2493) More details
    ADAM WYNANS and MARK KOCH of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on April 19, 2018 at 10:42 AM (UTC)
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.
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