Weekly Updates
John’s April Week 4 Critical Observations The 33-Sale Record: This is the first time since we started tracking in October that we have broken the 30-sale barrier in a single week. The previous record was 28 (November Week 2). This confirms that demand is accelerating faster than we saw at any point
John’s April Week 3 Critical Observations The Inventory Record: 85 new listings in one week is a massive jump (up 63% from last week). This indicates a high level of seller confidence, with many Nanaimo homeowners timing the market for the peak spring bloom. Third-Highest Sales Week: While inventory
The data for April Week 2 suggests the Nanaimo market is taking a collective "breather" after the record-shattering pace of the previous week. While inventory continues to land at a much higher volume than we saw during the winter, the immediate buyer response slowed down slightly this week. Cri
🏠 For the Nanaimo Homeowner If you are considering selling, you are currently in a "High-Velocity Balanced Market." The sheer volume of 97 sales in 31 days proves that the buyer pool is deep and active. However, because inventory is also at a record high, your home is likely being compared to 10+ s