Welcome to the monthly real estate market report newsletter for January 2021.

As we move into 2021 we are still seeing a shortage of homes for sale which is resulting in buyers competing with each other. Looking back at the previous 10 years the past two months have seen the lowest number of active single family freehold homes for sale in both the Nanaimo and Parksville/Qualicum areas. We should see the numbers increase as we move into Spring, which may relieve some of the pressure. However, we are still hearing from homeowners that they want to list but cannot find anywhere to buy so are holding off listing their home and that some are not listing yet until the Covid pandemic is more under control. This combined with our population numbers increasing (Nanaimo is now at 100,000) and our...
Read full post

I have listed a new property at 3740 Elworthy Pl.
Welcome to this great Departure Bay rancher located in a quiet cul-de-sac. The home is 1,484 sq ft with 3 bedrooms and 2 bathrooms. There are hard wood floors, vaulted ceilings, cozy gas fireplace in the living room and a good size kitchen with pantry and plenty of cupboards and counter space. The roof was done in 2019, the kitchen appliances are stainless steel and are 2015 models or newer and every room has a ceiling fan. This is an extremely well maintained rancher, with a low maintenance fenced yard, located in desirable Departure Bay. Measurements are approximate, please verify if deemed important.
Read full post

I have sold a property at 42 2501 Labieux Rd.
Bright, clean, move-in ready mobile home in 55+ park in Central Nanaimo. This wonderful home has been well-cared-for and boasts a number of desirable features including a heat pump for efficient heating in the winter and cooling in the summer, lovely maple cabinets in the kitchen and dining room, a natural gas fireplace, vinyl windows and updated appliances to name a few. There are two good-sized bedrooms, in-suite laundry, a nice open floor plan, large windows which allow for lots of natural light and a covered porch off the front door. The yard is landscaped and low-maintenance; there is a good-sized detached shed in the back yard which provides storage or could be used as a workshop. Conveniently located in Dogwood Village Mobile...
Read full post

I have listed a new property at 1989 Valley Oak Dr.
This 2 bed, 1 bath double wide mobile home is located in one of Nanaimo most popular and desirable parks - Valley Oak Estates. This spacious 1,100 sq ft home is light and airy with vaulted ceilings, oak cabinets, skylights, nat gas furnace and the bathroom has been updated with a walk-in shower. Outside has a carport, covered deck, storage shed and low maintenance yard. The home has a great floorplan and the large master bedroom has two closets with one being a walk in which could be converted to an ensuite bathroom. Shopping, the aquatic centre & bus routes are close by. The park is 45+ & 1 small pet is allowed. Measurements are approximate, please verify if important
Read full post

I have listed a new property at 310 1633 Dufferin Cres.
Immaculate top floor unit that is not just one of the largest in the building but also has one of the best locations in the building. It is sited in the corner overlooking the fountain & the green space behind with a very private balcony. This unit also has a unique floorplan with high ceilings & has been recently painted making it very light and airy. This is a popular building as the strata fee includes gas and hot water plus water, sewer, garbage & maintenance, which helps to offset the strata fee. The building also has a great activity room with exercise machines, fireplace, reading area, bathroom & small kitchen. The apartment, storage unit & parking stall are all quite close to the elevator, so no long walks with...
Read full post

I have sold a property at 202 500 Argyle Lane.
Gabriola Garden Homes offers a great opportunity for island living for those 55 yrs+. This south west facing corner unit overlooks the forest. Located on the top floor, this 1bedroom+ den, 2 bathroom unit has a lot to offer, a spacious living room, master bedroom with large closets and 4pc ensuite, propane stove, laminate & linoleum floors and a 3 pc bathroom off the entrance. There is a washer & dryer in the unit. This 24 unit building is situated on nearly 10 acres, located within easy walking distance to both the ferry and the village core. The building offers residents many features including a common room for gatherings, garden areas, ponds, trails, and a workshop. All information & measurements should be verified if important,...
Read full post

Welcome to the Nanaimo and Parksville/Qualicum real estate monthly market statistics newsletter for December 2020.

Although it was certainly a quieter holiday period than most people have experienced in recent years we hope that with the vaccine roll out things will be looking brighter for later this year.

The second half of 2020 was certainly a very busy time for real estate and it looks like this has carried on into the new year, if the first few weeks are an indication. We are seeing a shortage of properties for sale compared with the number of buyers that are looking. If you look at the graphs comparing sales with active listings this indicates that we do not have enough properties for sale to meet the demand. This is confirmed as it matches the drop shown on the ...
Read full post

I have sold a property at 386 Urbains Pl.
Beautiful rancher on a large, private lot located in a quiet cul-de-sac in South Nanaimo. This bright and well kept home offers three bedrooms, one bathroom, a large living room and open concept kitchen/dining room. The kitchen has been mostly updated with plenty of cabinetry and counter space for all your cooking needs. Just off the dining room, there is a door providing you with access to a 259 Sqft wrap-around patio where you can relax and enjoy your morning coffee. The privacy from the surrounding trees will leave you feeling as though you have left the city for the suburbs. Grow your own vegetables in the garden already in existence, and store your tools/extra items in the outdoor shed. Close to shopping, bus routes and all other...
Read full post

Seasons Greetings

Welcome to the last statistics market report of 2020. Although this has been an extraordinary year for the whole world we hope your family and friends have stayed healthy and continue to do so into the new year.

We will have the 2020 annual statistics on the January 2021 market report.
 

Real Estate Statistics for November 2020




 
 
Synopsis for Nanaimo
 
The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes only.)

Median Sold Price:


 
Sold Numbers:


 
Number of new listings:


 
The following graphs shows the % difference of the Nanaimo housing price index (HPI) from the same month 12 months ago. It is split into the different sub-areas (the overall figure for Nanaimo...
Read full post

I have sold a property at 1904 Valley Oak Dr.
Lovely 1152 sq. ft. 3 bedroom, 2 bath double wide situated in desirable Valley Oak Estates mobile home Park. The roof is approximately a year old, new hot water tank plus two bedrooms have new carpets and fresh paint. This home is filled with light & features vaulted ceilings, triple skylights, laminate floors, oak cabinets & plenty of storage. It has a spacious covered year round deck and a private patio area. The yard is beautifully landscaped and fenced and backs onto peaceful Buttertubs Park. There is a detached garden shed/workshop for both gardeners and hobbyists alike. Shopping, Aquatic Centre & bus routes are close by. A must see! Measurements are approximate and should be verified if important.
Read full post
Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.