Weekly Real Estate Take [March 2025 - Week 3]

by John Cooper

Market Update

The number of new homes listed this week has moderated to a more sustainable level with 41 new single-family detached homes hitting the market in the last 7 days. We have also seen a 50% increase in reported home sales with 18 homes selling in the last 7 days. Despite the undertone of economic certainty demand for Nanaimo homes remains steady.

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For a personalized market assessment of your home, please email me. I respond directly to every email and prioritize open communication with my clients.

- John Cooper

This Week in John’s Life

This week we sold a townhome in Central Nanaimo, removed subjects on home near Westwood lake (video here) and launched an ocean-view condo in Parksville (video here). We also hit an important milestone with our Seaglass project, as we are now 50% sold out (video here).

This week was also the first day of spring and the team and I enjoyed a team building day. We booked Force Boxing Club in Nanaimo and we all learned how to throw a few punches (image here). I also tested the endurance of Lucille the mini doxie with a 3.5 km walk throughout downtown Nanaimo (image here). The rest of this week will be spent soaking up the last of Spring Break on Salt Spring Island with Avery & June.

- 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.