Weekly Real Estate Take [June 2024 - Week 1]
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 5375 Bayshore Dr a 5 bed, 4 bath, 4,963 sqft North Nanaimo home listed for $1,225,000 ($247/sqft), 1207 Thunderbird Dr a 5 bed, 2 bath, 2,516 sqft Central Nanaimo home listed for $719,000 ($286/sqft), 815 Oakley St a 4 bed, 1 bath, 1,944 sqft Central Nanaimo home listed for $567,900 ($292/sqft).
The 3 homes listed this week with the highest $/sqft are 7971 Superior Rd a 4 bed, 3 bath, 2,016 sqft Upper Lantzville home listed for $3,450,000 ($1,711/sqft), 1303 Junction Ave a 3 bed, 2 bath, 2,337 sqft Chase River home listed for $2,500,000 ($1,070/sqft), 1323 Wexford Rd a 3 bed, 2 bath, 870 sqft Chase River home listed for $799,999 ($920/sqft).
The 3 homes priced the most below their assessed value are 369 Nottingham Dr a 4 bed, 5 bath, 4,010 sqft Departure Bay home listed for $1,380,000 (18% below its tax-assessed value), 4223 Early Dr a 3 bed, 2 bath, 1,162 sqft Uplands home listed for $649,900 (11% below its tax-assessed value), 629 Railway Ave a 3 bed, 2 bath, 1,393 sqft South Nanaimo home listed for $639,900 (11% below its tax-assessed value).
The 3 highest-priced new listings this week are 7971 Superior Rd a 4 bed, 3 bath, 2,016 sqft Upper Lantzville home listed for $3,450,000. 7255 Aulds Rd a 4 bed, 4 bath, 4,882 sqft Upper Lantzville home listed for $2,999,900. 1303 Junction Ave a 3 bed, 2 bath, 2,337 sqft Chase River home listed for $250,0000.
Notable New Sales.
The 3 buyers that secured the largest discounts this week are the buyers of 998 Douglas Ave secured a 9% discount off the $949,900 asking price (sale price $868,000). The buyers of 9 Machleary St secured a 7% discount off the $664,900 asking price (sale price $618,000). The buyers of 5861 Brigantine Dr secured a 5% discount off the $919,800 asking price (sale price $870,000).
The 3 highest cost per sqft sales this week were 200 View St a 2 bed, 1 bath, 720 sqft South Nanaimo home sold for $490,000 ($681/sqft), 5947 Cathedral Cres a 3 bed, 2 bath, 1,298 sqft North Nanaimo home sold for $739,000 ($569/sqft), 2746 Camcrest Dr a 3 bed, 2 bath, 1,255 sqft Diver Lake home sold for $679,000 ($541/sqft).
The 3 highest sales this week were 6500 Raven Rd a 4 bed, 3 bath, 3,579 sqft North Nanaimo home sold for $1,505,000. 108 Linmark Way a 4 bed, 3 bath, 2,099 sqft North Nanaimo home sold for $1,113,000. 5235 Hammond Bay Rd a 3 bed, 3 bath, 2,149 sqft North Nanaimo home sold for $1,050,000.
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
The 3 homes listed this week with the highest $/sqft are 7971 Superior Rd a 4 bed, 3 bath, 2,016 sqft Upper Lantzville home listed for $3,450,000 ($1,711/sqft), 1303 Junction Ave a 3 bed, 2 bath, 2,337 sqft Chase River home listed for $2,500,000 ($1,070/sqft), 1323 Wexford Rd a 3 bed, 2 bath, 870 sqft Chase River home listed for $799,999 ($920/sqft).
The 3 homes priced the most below their assessed value are 369 Nottingham Dr a 4 bed, 5 bath, 4,010 sqft Departure Bay home listed for $1,380,000 (18% below its tax-assessed value), 4223 Early Dr a 3 bed, 2 bath, 1,162 sqft Uplands home listed for $649,900 (11% below its tax-assessed value), 629 Railway Ave a 3 bed, 2 bath, 1,393 sqft South Nanaimo home listed for $639,900 (11% below its tax-assessed value).
The 3 highest-priced new listings this week are 7971 Superior Rd a 4 bed, 3 bath, 2,016 sqft Upper Lantzville home listed for $3,450,000. 7255 Aulds Rd a 4 bed, 4 bath, 4,882 sqft Upper Lantzville home listed for $2,999,900. 1303 Junction Ave a 3 bed, 2 bath, 2,337 sqft Chase River home listed for $250,0000.
Notable New Sales.
The 3 buyers that secured the largest discounts this week are the buyers of 998 Douglas Ave secured a 9% discount off the $949,900 asking price (sale price $868,000). The buyers of 9 Machleary St secured a 7% discount off the $664,900 asking price (sale price $618,000). The buyers of 5861 Brigantine Dr secured a 5% discount off the $919,800 asking price (sale price $870,000).
The 3 highest cost per sqft sales this week were 200 View St a 2 bed, 1 bath, 720 sqft South Nanaimo home sold for $490,000 ($681/sqft), 5947 Cathedral Cres a 3 bed, 2 bath, 1,298 sqft North Nanaimo home sold for $739,000 ($569/sqft), 2746 Camcrest Dr a 3 bed, 2 bath, 1,255 sqft Diver Lake home sold for $679,000 ($541/sqft).
The 3 highest sales this week were 6500 Raven Rd a 4 bed, 3 bath, 3,579 sqft North Nanaimo home sold for $1,505,000. 108 Linmark Way a 4 bed, 3 bath, 2,099 sqft North Nanaimo home sold for $1,113,000. 5235 Hammond Bay Rd a 3 bed, 3 bath, 2,149 sqft North Nanaimo home sold for $1,050,000.
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
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This week is John’s life |
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