Weekly Updates
BC Assessment values can be misleading and often do not reflect what homes are actually selling for in Nanaimo. John offers complimentary home evaluations to help you understand your true market value. Your BC Assessment is based on a broad formula, not today’s market conditions. If you want an accu
Market activity is finally starting to slow after a busier than anticipated end to 2025. 10 single-family homes were introduced to the market last week. That was 5 less than the week prior. 15 Nanaimo homes sold last week. That was down from 23 the previous week. I am forecasting the first quarter
Just when things are supposed to slow down Nanaimo single-family home sales doubled compared to the previous week. 23 homes sold last week, compared to 11 the week before. Despite my predictions for market activities to slow, activity has increased. I suspect this is just a pre-holiday flurry of ac
Last week 23 single family detached homes were introduced to the Nanaimo market. In that same time frame 11 homes sold and 25 listings expired. Many of the expired homes will not be relisted until 2026. Anecdotally, December has been a busy month for Nanaimo real estate. Statistically prices have he