Nanaimo Real Estate Blog

Nanaimo Real Estate market as at July 31 2017

The real estate market in Nanaimo continues to be very active. Looking at the year-to-date sales as at July 31, 2017 as compared to July 31, 2016, there was a decrease of 4% fewer homes sold yet the average sale price for single family homes increased by 17%.

The average sale price for a...

It is such an active sellers market here in Nanaimo I thought it was time to calculate what the current absorption rate is for single family homes.

Absorption rate is one of the key indicators on how the Nanaimo real estate market is faring.  It tells us the rate at which properties are...

Whether you own a condo or a house as your investment property it is a great time to take stock of your investment. If you are one of the lucky ones who invested in an investment property several years ago, you will most likely have realized a tidy profit.

In Nanaimo, real estate prices...

The real estate market in Nanaimo continues to be a seller’s market. Looking at the year-to-date sales as at January 31, 2017 as compared to January 31 ,2016, there was an increase of 19% more homes sold and an increase of 15% in the average sale price of single family homes.

The average...

The real estate market in Nanaimo continues to be very active. Looking at the year-to-date sales for single family homes as at January 31, 2017 as compared to January 31 2016, there was an increase of 19% more homes sold and an increase of 15% in the average sale price.

The average sale...

How To Sell Your Home In The Dead Of Winter

Although you may not choose to sell your home in Nanaimo in the winter sometimes we're forced to do just that due to circumstances beyond our control.  Job transfers or personal situations are two reasons that come to mind.

Here are three tips...

Nanaimo Real Estate market as of November 1, 2016

The real estate market in Nanaimo continues to be very active. Looking at the year-to-date sales as at October 31, 2016 as compared to October 31 2015, there was an increase of 21% more homes sold and an increase of 13% in the average sale price...

Are you among the ninety-five percent of Canadian homeowners who are unaware of the market value of their homes?

Countless Canadians diligently check the stock market every day—on TV, online and in print—but fail to take stock of an even weightier investment: their own home.

In...

Nanaimo real estate Market update – Condos

We are now at the end of September and three quarters the way through 2016 which makes it a great time to have a look back at what has happened with the Nanaimo condo market over the past 9 months.

Upon reviewing the stats supplied by VIREB (...

Nanaimo real estate Market update – Single family homes

We are now three quarters of the way through the year 2016. It’s the perfect time to have a look back at what has happened with the single family home market over the past 9 months here in Nanaimo.

Using the stats supplied by VIREB...