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Nanaimo Real Estate Market Report: April 2024
NANAIMO – Buyers and Sellers benefit from more inventory
In April, 109 single-family homes sold in Nanaimo, a 24 per cent increase from March but a 16 per cent decrease from the previous year. Active listings of single-family homes on the Mid-Island were 1,271 in April, up 33 per cent from the previous year.
The average price for a single-family home in Nanaimo was $825,278 in April, down 3 per cent from the previous month and on par with April 2023.
In a competitive market, it is key to obtain the advice of a REALTOR®, especially in a rapidly changing environment.