Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 3557 Fairview Dr a 4 bed, 3 bath, 3,096 sqft Uplands home listed for $799,900 ($258/sqft), 2440 Cosgrove Cres a 5 bed, 3 bath, 2,719 sqft Departure Bay home listed for $735,000 ($270/sqft), 5358 Bayshore Dr a 5 bed, 4 bath, 4,822 sqft North Nanaimo home listed for $1,350,000 ($280/sqft).
The 3 homes listed this week with the highest $/sqft are 7545 Copley Ridge Dr a 3 bed, 3 bath, 3,396 sqft Upper Lantzville home listed for $2,990,000 ($880/sqft), 3129 Departure Bay Rd a 1 bed, 1 bath, 567 sqft Departure Bay home listed for $475,000 ($838/sqft), 2600 Randle Rd a 4 bed, 3 bath, 3,479 sqft Departure Bay home listed for $2,750,000 ($790/sqft).
The 3 homes priced the most below their assessed value are 3824 Yellow Point Rd a 4 bed, 3 bath, 2,244 sqft Cedar home listed for $999,900 (45% below its tax-assessed value), 3129 Departure Bay Rd a 1 bed, 1 bath, 567 sqft Departure Bay home listed for $475,000 (14% below its tax-assessed value), 135 Townsite Rd a 4 bed, 4 bath, 2,877 sqft Brechin Hill home listed for $875,000 (9% below its tax-assessed value).
The 3 least expensive new listings this week are 954 Highview Terr a 2 bed, 2 bath, 1,090 sqft South Nanaimo home listed for $425,000. 3129 Departure Bay Rd a 1 bed, 1 bath, 567 sqft Departure Bay home listed for $475,000. 19 View St a 3 bed, 1 bath, 1,198 sqft South Nanaimo home listed for $499,000.
The 3 most expensive new listings this week are 7545 Copley Ridge Dr a 3 bed, 3 bath, 3,396 sqft Upper Lantzville home listed for $2,990,000. 2600 Randle Rd a 4 bed, 3 bath, 3,479 sqft Departure Bay home listed for $2,750,000. 4576 Laguna Way a 6 bed, 6 bath, 4,270 sqft North Nanaimo home listed for $1,625,000.
Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 5621 Hammond Bay Rd who secured a 17% discount off the $1,200,000 asking price (sale price $1,000,000). The buyers of 3410 Durnin Rd who secured a 8% discount off the $989,900 asking price (sale price $910,000). The buyers of 4755 Spirit Pl who secured a 7% discount off the $895,000 asking price (sale price $835,000).
The 3 highest cost per sqft sales this week were 1560 Brebber Rd a 5 bed, 4 bath, 4,414 sqft Cedar home sold for $2,700,000 ($612/sqft), 5722 Quarry Cres a 2 bed, 2 bath, 1,332 sqft Pleasant Valley home sold for $774,900 ($582/sqft), 4755 Spirit Pl a 4 bed, 3 bath, 1,764 sqft North Nanaimo home sold for $835,000 ($473/sqft).
The 3 highest sales this week were 1560 Brebber Rd a 5 bed, 4 bath, 4,414 sqft Cedar home sold for $2,700,000. 5621 Hammond Bay Rd a 5 bed, 3 bath, 2,600 sqft North Nanaimo home sold for $1,000,000. 383 Avaani Way a 5 bed, 4 bath, 2,408 sqft South Nanaimo home sold for $962,000.
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 John’s Life
The week after Labour Day always brings a distinct, unmistakable shift in momentum. In the real estate industry, we affectionately call this window "Second Spring"; and for good reason. As summer wraps up, buyers and sellers re-enter the market with renewed clarity, typically kicking off a fresh surge of activity and new inventory. That trend is already making itself felt this September.
Nowhere was that energy more evident than this past weekend, where I hosted one of the busiest open houses of my entire career at a stunning character home on Vancouver Avenue; you can check out the full video walkthrough [right here]. Seeing that level of buyer engagement on the ground is a fantastic indicator of where serious demand is heading.
Behind the scenes, we’ve been deep in strategy mode with our clients. I’ve conducted multiple property valuations and homeowner consultations this week, checking in with local families to clarify their game plans; whether their goal is to move before the end of 2026 or position themselves perfectly for early spring.
A big piece of that proactive prep right now is visual marketing. We’ve been updating our own professional branding photography for upcoming materials, and we're actively out in the field helping clients capture exterior media and photography while the Island weather and garden greenery are still in prime condition. Capturing high-end photos now means when sellers decide to launch anytime over the next six months, they are locked, loaded, and ready to make an immediate impact.
On the personal front, I took a quick trip down to Victoria yesterday to visit Avery at her UVic residence. After all the anticipation of move-in week, it was wonderful to see her settling into campus life, finding her rhythm, and embracing this incredible new chapter.
Thinking about locking in professional photography while the autumn light is at its best, or curious about where your home sits in today’s "Second Spring" market? Reply directly to this email or send me a message—let’s dial in your strategy.
- John Cooper
john@johncooper.ca
