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Real Estate Market Report

NREMR: February 2024
Nanaimo Real Estate Market Report: February 2024
NANAIMO - Significant sales increase in February. In February, 66 single-family homes sold in Nanaimo, a 65 per cent increase from January and a 10 per cent increase from the previous year. Active listings of single-family homes on the Mid-Island were 915 in February, down 2 per cent from the previous year. The average...
Mar 10, 2024
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NREMR: January 2024
Nanaimo Real Estate Market Report: January 2024
NANAIMO - Optimistic start to 2024 with a normal January. In January, 40 single-family homes sold in Nanaimo, an 11 per cent decrease from December and a 9 per cent decrease from the previous year. Active listings of single-family homes on the Mid-Island were 807 in January, down 6 per cent from the previous year. The ...
Feb 21, 2024
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NREMR: December 2023
Nanaimo Real Estate Market Report: December 2023
NANAIMO - Interest rates impacting housing market. In December, 45 single-family homes sold in Nanaimo, a 27 per cent decrease from November and a 30 per cent decrease from the previous year. Active listings of single-family homes on the Mid-Island were 796 in December, down 11 per cent from the previous year. The aver...
Jan 15, 2024
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NREMR: November 2023
Nanaimo Real Estate Market Report: November 2023
NANAIMO - Interest rates impacting housing market. In November, 63 single-family homes sold in Nanaimo, a 6 per cent decrease from October but up 17 per cent from the previous year. Active listings of single-family homes on the Mid-Island were 1,040 in November, down 13 per cent from the previous year. The average pric...
Dec 20, 2023
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Real Estate Market Report

NREMR: October 2023
Nanaimo Real Estate Market Report: October 2023
NANAIMO - Interest rates impacting housing market. In October, 67 single-family homes sold in Nanaimo, a 17 per cent decrease from September and down 7 per cent from the previous year. Active listings of single-family homes on the Mid-Island were 1,157 in October, down 15 per cent from the previous year. The average pr...
Nov 07, 2023
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NREMR: September 2023
Nanaimo Real Estate Market Report: September 2023
NANAIMO - Buyers benefiting from subdued September market. In September, 85 single-family homes sold in Nanaimo, a 2 per cent from August and up 73 per cent from the previous year. Active listings of single-family homes on the Mid-Island were 1,173 in September, down 17 per cent from the previous year. The average pric...
Oct 19, 2023
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NREMR: August 2023
Nanaimo Real Estate Market Report: August 2023
NANAIMO - A subdued market concludes the summer In August, 83 single-family homes sold in Nanaimo, down 25 per cent from July but up 17 per cent from the previous year. Active listings of single-family homes on the Mid-Island were 1,072 in August, down 21 per cent from the previous year. The average price for a single-...
Sep 11, 2023
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NREMR: July 2023
Nanaimo Real Estate Market Report: July 2023
NANAIMO - Consistent sales lead to more active July In July, 112 single-family homes sold in Nanaimo, on par with June but down 28 per cent from the previous year. Active listings of single-family homes on the Mid-Island were down 27 per cent from the previous year. The average price for a single-family home in Nanaimo...
Aug 22, 2023
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NREMR: June 2023
Nanaimo Real Estate Market Report: June 2023
NANAIMO - Despite rate hike, June remains busy. In June, 117 single-family homes sold in Nanaimo, on par with May and only down 2.5 per cent from the previous year. Active listings of single-family homes on the Mid-Island were down slightly from the previous year. The average price for a single-family home in Nanaimo w...
Jul 17, 2023
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NREMR: May 2023
Nanaimo Real Estate Market Report: May 2023
NANAIMO - More traditional Spring market returns In May, 116 single-family homes sold in Nanaimo, up 23 per cent from April but down 15 per cent from the previous year. Active listings of single-family homes on the Mid-Island are on par with the previous year. The average price for a single-family home in Nanaimo was $...
Jun 09, 2023
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NREMR: April 2023
Nanaimo Real Estate Market Report: April 2023
NANAIMO - Buyers cautious as Spring market approaches. In April, 96 single-family homes sold in Nanaimo, down 4 per cent from March and 35 per cent from the previous year. Active listings of single-family homes on the Mid-Island rose 31 per cent year-over-year. The average price for a single-family home in Nanaimo was ...
May 10, 2023
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NREMR: March 2023
Nanaimo Real Estate Market Report: March 2023
NANAIMO - Housing market more active than predicted in March. In March, 101 single-family homes sold in Nanaimo, up 50 per cent from February but down 36 per cent from the previous year. Active listings of single-family homes on the Mid-Island rose 54 per cent year-over-year and 3 per cent from February. The average pr...
Apr 18, 2023
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NREMR: February 2023
Nanaimo Real Estate Market Report: February 2023
NANAIMO - Market gaining momentum as we approach Spring. In February, 60 single-family homes sold in Nanaimo, up 26 per cent from January but down 51 per cent from the previous year. Active listings of single-family homes on the Mid-Island rose 92 per cent year-over-year and 8 per cent from January. The average price f...
Mar 10, 2023
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NREMR: January 2023
Nanaimo Real Estate Market Report: January 2023
NANAIMO - Calm start to the year indicates a great time to buy In January, 46 single-family homes sold in Nanaimo, down 33 per cent from December and 26 per cent from the previous year. Active listings of single-family homes on the Mid-Island rose 108 per cent year-over-year, but dropped by 4 per cent from December. Th...
Feb 07, 2023
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NREMR: December 2022
Nanaimo Real Estate Market Report: December 2022
NANAIMO - Year closes out quietly In December, 64 single-family homes sold in Nanaimo, up 15 per cent from November but down 10 per cent from the previous year. Active listings of single-family homes on the Mid-Island rose 120 per cent from December 2021, jumping to 895, but dropped by 25 per cent from November. The av...
Jan 10, 2023
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NREMR: November 2022
Nanaimo Real Estate Market Report: November 2022
NANAIMO - Growing inventory a positive sign for new year In November, 73 single-family homes sold in Nanaimo, a 27 per cent decrease from one year ago and down 39 per cent from October. Active listings of single-family homes on the Mid-Island rose 119 per cent from November 2021, jumping to 1,195, but dropped by 12 per...
Dec 08, 2022
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NREMR: October 2022
Nanaimo Real Estate Market Report: October 2022
NANAIMO - As the end of the year approaches, the housing market is winding down. In October, 73 single-family homes sold in Nanaimo, a 27 per cent decrease from one year ago and down 39 per cent from September. Active listings of single-family homes on the Mid-Island nearly tripled from October 2021, jumping to 1,360, ...
Nov 08, 2022
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NREMR: September 2022
Nanaimo Real Estate Market Report: September 2022
NANAIMO - Conditions calm as summer draws to a close. In September, 49 single-family homes sold in Nanaimo, a 90 per cent decrease from one year ago and down 38 per cent from August. Active listings of single-family homes on the Mid-Island nearly tripled from September 2021, jumping to 1,417. The average sale price of ...
Oct 05, 2022
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NREMR: August 2022
Nanaimo Real Estate Market Report: August 2022
NANAIMO - Conditions calm as summer draws to a close. In August, 72 single-family homes sold in Nanaimo, a 44 per cent decrease from one year ago and down 11 per cent from July. Active listings of single-family homes on the Mid-Island rose by 153 per cent from the previous year. The average sale price of single-family ...
Sep 16, 2022
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NREMR: July 2022
Nanaimo Real Estate Market Report: July 2022
NANAIMO - A significant increase in inventory is giving buyers more options. In July, 297 single-family homes sold, a 34 per cent decrease from one year ago and down 27 per cent from June. Active listings of single-family homes rose by 142 per cent from the previous year and 15 per cent from the previous month. The ave...
Aug 08, 2022
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NREMR: June 2022
Nanaimo Real Estate Market Report: June 2022
NANAIMO - Rising inventory gives hope to buyers. In June, 408 single-family homes sold. A 26 per cent decrease from one year ago and down 10 per cent from May. Active listings of single-family homes rose by 107 per cent from the previous year and 23 per cent from the previous month. The average sale price of single-fam...
Jul 14, 2022
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NREMR: May 2022
Nanaimo Real Estate Market Report: May 2022
NANAIMO - Lighter demand and more inventory leads to market shift. In May, 455 single-family homes sold. A 14 per cent decrease from one year ago and down 10 per cent from April. Inventory on Vancouver Island is climbing, but housing supply is still below the level necessary to satisfy current demand. Nanaimo continues...
Jun 06, 2022
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NREMR: April 2022
Nanaimo Real Estate Market Report: April 2022
NANAIMO - Increased inventory optimistic news for buyers. In April, 507 single-family homes sold. A 13 per cent decrease from one year ago and 1 per cent decrease from March. Inventory on Vancouver Island is climbing, but housing supply is still below the level necessary to satisfy current demand. Nanaimo single-family...
May 09, 2022
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NREMR: March 2022
Nanaimo Real Estate Market Report: March 2022
NANAIMO - Inventory slowly growing but still far from optimal. In March, 528 single-family homes sold. A 6 per cent decrease from one year ago, but up by 49 per cent from February. While March brought 9 per cent more single-family home listings, numbers are still far lower than where they need to be to satisfy demand. ...
Apr 08, 2022
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NREMR: February 2022
Nanaimo Real Estate Market Report: February 2022
NANAIMO - Little relief for buyers from additional inventory. In February, 360 single-family homes sold. A 13 per cent decrease from one year ago, but up by 64 per cent from January. While February brought additional inventory to the market, listings are still far lower than where they need to be to satisfy demand. The...
Mar 07, 2022
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NREMR: January 2022
Nanaimo Real Estate Market Report: January 2022
NANAIMO - New year brings slight inventory increase. In January, 220 single-family detached properties sold, a 22 per cent decrease from one year ago. The housing market on Vancouver Island continues to see historically low inventory and rising prices. The average sale price for Nanaimo single-family homes reached a hi...
Feb 03, 2022
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Nanaimo Real Estate Market Report: Dec
Nanaimo Real Estate Market Report: December 2021
NANAIMO - 2021 ends with record-low inventory and near-record prices In December, 226 single-family detached properties sold, a 44 per cent decrease from the previous month. The housing market on Vancouver Island continues to see historically low inventory and rising prices. The average sale price for Nanaimo single-fa...
Jan 06, 2022
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Nanaimo Real Estate Market Report: Nov
Nanaimo Real Estate Market Report: November 2021
NANAIMO - How long can housing inventory remain low? In November, 353 single-family detached properties sold, a 12 per cent decrease from the previous month. The housing market on Vancouver Island continues to see historically low inventory and rising prices. The average sale price for Nanaimo single-family homes was $...
Dec 13, 2021
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