Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 369 Trinity Dr a 5 bed, 3 bath, 2,840 sqft University District home listed for $889,000 ($313/sqft), 1646 Janes Rd a 4 bed, 3 bath, 2,258 sqft Cedar home listed for $715,000 ($317/sqft), 6439 Nidri Pl a 5 bed, 3 bath, 3,039 sqft North Nanaimo home listed for $999,800 ($329/sqft).
The 3 homes listed this week with the highest $/sqft are 950 Bruce Ave a 5 bed, 2 bath, 1,485 sqft South Nanaimo home listed for $2,366,000 ($1,593/sqft), 2550 Quennell Rd a 3 bed, 2 bath, 2,400 sqft Cedar home listed for $2,495,000 ($1,040/sqft), 640 Campbell St a 2 bed, 1 bath, 565 sqft Old City home listed for $549,000 ($972/sqft).
The 3 homes priced the most below their assessed value are 224 Seven Oaks Pl a 4 bed, 3 bath, 2,367 sqft North Nanaimo home listed for $1,020,000 (7% below its tax-assessed value), 1445 Waddington Rd a 3 bed, 1 bath, 1,032 sqft Central Nanaimo home listed for $499,900 (6% below its tax-assessed value), 1646 Janes Rd a 4 bed, 3 bath, 2,258 sqft Cedar home listed for $715,000 (5% below its tax-assessed value).
The 3 least expensive new listings this week are 1445 Waddington Rd a 3 bed, 1 bath, 1,032 sqft Central Nanaimo home listed for $499,900. 656 Lambert Ave a 2 bed, 1 bath, 528 sqft South Nanaimo home listed for $499,900. 640 Campbell St a 2 bed, 1 bath, 565 sqft Old City home listed for $549,000.
The 3 most expensive new listings this week are 5450 Bayshore Dr a 5 bed, 4 bath, 3,656 sqft North Nanaimo home listed for $2,800,000. 2550 Quennell Rd a 3 bed, 2 bath, 2,400 sqft Cedar home listed for $2,495,000. 950 Bruce Ave a 5 bed, 2 bath, 1,485 sqft South Nanaimo home listed for $2,366,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 2700 Ritten Rd who secured a 14% discount off the $1,850,000 asking price (sale price $1,600,000). The buyers of 1320 Fielding Rd who secured a 2.% discount off the $999,000 asking price (sale price $976,000). The buyers of 4191 Corunna Ave who secured a 2% discount off the $899,900 asking price (sale price $880,000).
The 3 highest cost per sqft sales this week were 4147 Orchard Cir a 3 bed, 2 bath, 1,338 sqft Uplands home sold for $720,000 ($538/sqft), 2700 Ritten Rd a 4 bed, 3 bath, 3,070 sqft Cedar home sold for $1,600,000 ($521/sqft), 5187 Dunster Rd a 3 bed, 2 bath, 1,329 sqft Pleasant Valley home sold for $675,000 ($508/sqft).
The 3 highest sales this week were 2700 Ritten Rd a 4 bed, 3 bath, 3,070 sqft Cedar home sold for $1,600,000. 708 Fern Ridge Pl a 3 bed, 3 bath, 2,559 sqft South Nanaimo home sold for $1,234,000. 508 Doreen Pl a 6 bed, 4 bath, 2620 sqft Pleasant Valley home sold for $1,058,000.
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
This Week in My Life
It has been a landmark week for us, we hit a record number of home evaluations! It’s clear that Nanaimo homeowners are looking ahead, and I’ve had some fantastic conversations regarding my market predictions for 2026 and into 2027. While we navigate this busy Spring Break surge, the team has been on the move daily, showing properties to our relocation and upsizing clients who are eager to make their next move.
On a personal note, I managed to sneak away for a few days of "supervised fun" in the sun with Avery and June. We headed down to Los Angeles and stayed at the iconic Hollywood Roosevelt—the perfect home base for a few days of shopping, incredible food, and exploring the city together. It was the reset I needed before we dive back into what is shaping up to be a very active spring season.
- John Cooper
Whether you’re looking for further clarification on the points and insights above, would like to discover your specific home value, or just have real estate questions you’d like answered, I’d love to hear from you!
Reach out to me directly at:
john@johncooper.ca or 250-619-9207
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