By Levi Loughlin

NREMR: August 2025

Nanaimo Real Estate Market Report: August 2025

Sep 12, 2025 | 12:56 PM

NANAIMO –  August market behind July but up over previous year

In August, 92 single-family homes sold in Nanaimo, down twenty per cent from July and up ten per cent over the previous year. Active listings of single-family homes on the Mid-Island were 1,424 in August, down nine per cent from the previous year.

The average sale price for a single-family home in Nanaimo was $893,769 in August, up eight per cent over the previous month, and up seven per cent over August 2024.

In a competitive market, it is key to obtain the advice of a REALTOR®, especially in a rapidly changing environment.

These are the benchmark numbers for Nanaimo in August 2025, as well as central and northern Vancouver Island:

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• Nanaimo’s benchmark sits at $820,700, on par with last month and last year.
• Campbell River’s benchmark price for single-family homes was $702,700, up three per cent above the previous year.
• Comox Valley’s benchmark price is up three per cent over last year’s price and sits at $854,400.
• Cowichan Valley reported a benchmark price of $796,900, three per cent above August 2024.
• The Parksville-Qualicum area is on par with last year at a benchmark price of $925,800
• Port Alberni’s benchmark sits at $524,500, which is on par with last year’s number.
• The North Island area is up six per cent over last year with a benchmark price of $469,800.

The monthly Nanaimo Real Estate report analyzes the Vancouver Island Real Estate market north of the Malahat and, more precisely, the Nanaimo and the greater area. The information included here does not reflect the actual value of any particular property. You can find out what your home is worth by contacting a RE/MAX Professionals’ agents here.

Looking for listings? Start browsing Nanaimo’s Real Estate listings here

Want to know more? Find more Nanaimo Real Estate Market Reports here https://nanaimonewsnow.com/nanaimo-real-estate-market-report