By Levi Loughlin

NREMR: JULY 2025

Nanaimo Real Estate Market Report: July 2025

Aug 7, 2025 | 3:45 PM

NANAIMO –  Housing market shows resilience despite economic uncertainties

In July, 118 single-family homes sold in Nanaimo, down twenty-one per cent over June and up fifteen per cent over the previous year. Active listings of single-family homes on the Mid-Island were 1,483 in July, down seven per cent from the previous year.

The average sale price for a single-family home in Nanaimo was $826,554 in July, down three per cent over the previous month, but up three per cent over July 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 July 2025, as well as central and northern Vancouver Island:

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• Nanaimo’s benchmark sits at $823,100, on par with last month and last year.
• Campbell River’s benchmark price for single-family homes was $699,200, on par with the previous year.
• Comox Valley’s benchmark price is up three per cent over last year’s price and sits at $864,600.
• Cowichan Valley reported a benchmark price of $800,900, three per cent above July 2024.
• The Parksville-Qualicum area is three per cent over last year at a benchmark price of $926,000
• Port Alberni’s benchmark sits at $525,800, which is on par with last year’s number.
• The North Island area is up five per cent over last year with a benchmark price of $455,200.

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