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.

 

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WE would like to welcome and thank you for activating a search with us at www.thedealmakersnanaimo.com. We are availabe to answer any of your questions in your path to buying or selling your home. Feel free to reach out to us anytime, via email info@thedealmakersnanaimo.com, phone or text at 250-668-9565 or page us through our office at 250-756-1132 (local) or toll free at 1-800-377-4374. 


We are always willing to help you find your deal ~ your way.


Warmest regards,


Kristin and Shawn McDonald

....our Referrals from past clients are here. 

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