Nanaimo Real Estate Resources for Buyers and Sellers - John Cooper ...

Nanaimo Weekly Take:

Weekly Real Estate Take July 2025 - Week 5

This past week in Nanaimo 44 single family homes were introduced to the market. In that same time period, 31 single family homes were sold. It is increasingly competitive for home sellers, as new inventory competes with the homes that were priced too high for the spring market. These home
Weekly Real Estate Take July 2025 - Week 4

49 new single family homes were listed in Nanaimo last week. That is down subtly from 54 the previous week. Single Family home sales have declined from 29 last week, to 23 this week. We are stepping into the “dog days of summer” and the volume of weekly sales and new listings is likely
Weekly Real Estate Take July 2025 - Week 3

Over the last 3 weeks, we've consistently seen over 50 new single family homes listed in Nanaimo every 7 days (54 last week). Sales have also been steady with approximately 30 single family homes selling each week in Nanaimo (29 last week). This is a very sustainable pace for the Nanaimo real es
Weekly Real Estate Take June 2025 - Week 4

The number of new single family homes entering the Nanaimo market in the last 7 days is on the decline with 62 homes listed last week. That's down from 82 homes listed in the previous week. Last week was a record for single family home sales with 35 homes selling. The highest number of sales in a
Weekly Real Estate Take June 2025 - Week 3

The last 3 weeks have seen the highest number of homes selling in a 21 day stretch in 2025. 82 new single family homes were listed in Nanaimo in the last week. That's 6 more homes available than the previous week. Sales also increased with 28 homes selling in Nanaimo in the l
Weekly Real Estate Take June 2025 - Week 1

Last week I predicted that there would be more than 56 new single family homes listed in Nanaimo over the last 7 days. Turns out 88 homes were listed! Sales declined from 31 the previous week to 26 homes selling in the last 7 days. The Nanaimo market is busy right now. Nanaimo is still some of the
Weekly Real Estate Take May 2025 - Week 4

In the last week the number of new Nanaimo single family homes introduced to the market has decreased from 78 last week to 56 this week. Sales have increased to the highest number of reported sales in a 1 week period since January with 31 homes selling last week. This absorpt
Weekly Real Estate Take May 2025 - Week 3

For the last 3 weeks in a row there have been more than 75 single family homes introduced to the Nanaimo market. That is over 230 homes in 3 weeks. During that same time period there have been 68 homes sold. Inventory continues to rise, albeit subtle, and most asset categories are balanced, or slig
Weekly Real Estate Take May 2025 - Week 2

Almost no changes this week, compared to last week. 77 new single family homes were listed in the last 7 days (down from 78 last week), and 26 homes sold within that same time period (down from 22 last week). During the busy spring market, it is more important than ever to make sure you
Weekly Real Estate Take April 2025 - Week 4

50 single family homes have been introduced to the Nanaimo market in the last 7 days. Almost half as many homes sold within the same time frame. Market conditions for single family detached homes remain balanced. Home values are holding. Interested in Your Home's Value? Email me for a personalized
Weekly Real Estate Take [March 2025 - Week 4]

This week we saw a subtle increase in new listings with 46 new single-family homes getting introduced to the Nanaimo market (up from 41 last week). Sales have declined by 34%, with 12 homes selling in the last 7 days. Anecdotally, Spring 2025 is outperforming 2024 and it will be interesting to see
Weekly Real Estate Take [March 2025 - Week 3]

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 un
Weekly Real Estate Take [March 2025 - Week 2]

Market Update This week was another record week for new listings. We had 60 single-family homes listed in Nanaimo in the last 7 days. This is not unusual this time of year. However, we have seen an unexpected decrease in sales this week, with only 10 homes selling in the last 7 days. That
Weekly Real Estate Take March 2025 - Week 1

Notable New Listings I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 7503 Clark Cres a 5 bed, 3 bath, 4873 sqft Upper Lantzville home listed for $1,397,000 ($287/sqft), 781 Chelsea St a 5 bed, 2 bath, 2208 sqft Central Nanaimo home listed
Weekly Real Estate Take February 2025 - Week 4

The number of new single-family homes being introduced to the market each week is holding steady at 30 new homes per week. Sales have increased this week over last with 12 single family homes selling in the last 7 days (8 sold the week prior). Despite global market uncertainty, the Nanaimo real
Weekly Real Estate Take February 2025 - Week 3

We are seeing a 5 week average of 30 new single family homes hitting the Nanaimo market every 7 days. Sales were steadily increasing each week up until this week. Only 8 single family homes sold in Nanaimo in the last 7 days. A drop from the 21 homes that sold last week. The general mar
Weekly Real Estate Take February 2025 - Week 2

In the last 7 days, 34 single-family homes were introduced to the market in Nanaimo. 21 single-family homes have sold in the last 7 days. The first 14 days of February indicate that real estate trading activity will remain stable and balanced into 2025. The snow-covered ground has put a temporar
Weekly Real Estate Take [February 2025 - Week 1]

Notable New Listings. I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 703 Stirling Ave a 3 bed, 2 bath, 1,756 sqft University District home listed for $499,900 ($285/sqft), 3954 Jingle Pot Rd a 5 bed, 4 bath, 3310 sqft North Jingle Pot hom
Weekly Real Estate Take [January 2025 - Week 5]

Market Update New listings have held steady this week, with 37 single-family homes being introduced to the Nanaimo market in the last 7 days. The most impactful change has been the number of reported sales. Spring has arrived early this year. Home sales have doubled in the last week, with
Weekly Real Estate Take [January 2025 - Week 4]

Market Update The momentum continues as we move deeper into January 2025. This week saw 34 new single-family homes hit the market, a slight increase from the 32 new listings last week. Sales have slowed a little further, with 10 new sales this week compared to 11 last week. Our team is st
Weekly Real Estate Take [January 2025 - Week 3]

Market Update The flow of new listings is starting early in 2025. The number of new listings hitting the market this week has doubled from last week with 32 new single family homes hitting the market in the last 7 days. New sales have declined subtly from 16 last week to just 11 this w
Weekly Real Estate Take [January 2025 - Week 2]

Market Update December was an unseasonably busy month with sales up 35% over December 2023. Sales have slown down a bit in January, as is to be expected. New listings have remained steady with 18 new single family homes being introduced to the Nanaimo market in the last 7 days. I am predicting t
Weekly Real Estate Take [January 2025 - Week 1]

Notable New Listings. I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 3279 Shearwater Dr a 5 bed, 5 bath, 5,274 sqft Hammond Bay home listed for $1,649,000 ($313/sqft), 3574 Oakridge Dr a 6 bed, 6 bath, 4,587 sqft Departure Bay home listed fo
Weekly Real Estate Take December 2024 - Week 3

Market Update This week, the Nanaimo real estate market continues to show activity as we move deeper into the holiday season. New listings remain steady with 16 just listed, matching last week’s 15. Sales also saw a slight increase, with 16 sold this week compared to 14 last week. Typically, we ex
Weekly Real Estate Take December 2024 - Week 2

Market Update The number of new single-family homes being listed is declining each week. We are down about 50% from 30 days ago. This is a predictable seasonal trend. The next 30 days are not ideal for selling homes, as attention is elsewhere. That said, we saw 14 homes sell in the last 7
Weekly Real Estate Take [December 2024 - Week 1]

The last 12 months have seen a modest reduction in interest rates, combined with a modest increase in housing inventory. This has led to balanced market conditions for most of 2024. Sellers waiting for prices to increase are being met with market resistance. Buyers waiting for prices to drop are s
Weekly Real Estate Take [November 2024 - Week 5]

The number of new single family homes listed in Nanaimo this week has declined from 33 last week to 25 this week. Single family home sales have also declined from 23 last week to only 10 this week. With less than 4 weeks until Christmas holidays, this downward trend in sales and new listi
Weekly Real Estate Take [November 2024 - Week 4]

This week we saw a healthy increase in new sales with single-family home sales doubling to 23 sales, up from 10 last week. Surprisingly, we also saw an increase in new single-family homes hitting the market with 33 homes hitting the market in the last 7 days. The Nanaimo real estate market is feel
Weekly Real Estate Take [November 2024 - Week 1]

November 2024 In my weekly review of sales statistics, I've consistently predicted a slow rise in inventory and steady prices since April 2024. As we approach the final weeks of the year, these predictions are proving accurate. Average sale prices have remained within a 3% margin of their startin
Weekly Real Estate Take [October 2024 - Week 4]

This week we, surprisingly, saw an increase in new single-family listings with 32 new listings hitting the market. Up from 28 last week. There was also an increase in new sales, with 21 single-family homes selling in the last 7 days, compared to 14 sales last week. The latest interest rate announc

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