Real Estate
Nanaimo Real Estate Market Report: January 2024 | NanaimoNewsNOW
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By
NREMR: January 2024
Feb 21, 2024 | 9:43 AM
NANAIMO – Optimistic start to 2024 with a normal January.
In January, 40 single-family homes sold in Nanaimo, an 11 per cent decrease from December and a 9 per cent decrease from the previous year. Active listings of single-family homes on the Mid-Island were 807 in January, down 6 per cent from the previous year.
The average price for a single-family home in Nanaimo was $806,785 in January, down 9 per cent from the previous month but up 4 per cent from January 2023.
In a competitive market, it is key to obtain the advice of a REALTOR®, especially in a rapidly changing environment.