Nanaimo Real Estate
The hub city, the harbour city or bathtub city, Nanaimo is a community of many names with a unique, exuberant spirit all its own. For many, Nanaimo serves as the first taste of the wonders that Vancouver Island has offer once they arrive via the BC Ferry Terminal from the lower mainland. Nanaimo real estate allows buyers a chance to become part of a dynamic city on the rise with limitless opportunities on the horizon.
Nanaimo Real Estate Stats
| Average Home Price | $900K |
|---|---|
| Lowest Priced Home | $149K |
| Highest Listing Price | $7.5M |
| Total Property Listings | 624 |
| Avg. Days On Market | 45 |
| Avg. Price/SQFT | $462 |
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Nanaimo Community Information
Surrounded by a series of smaller islands, Nanaimo homes for sale offer access to one of the west coast's most stunning harbour fronts. Grab an ice cream and walk along the waterfront watching the float planes take off or visit one of the nearby beaches.
You can also have lunch at Penny's Palapa on the water while watching the yachts and fishing boats dock. Watch the cannon firing re-enactment ceremony, listen to the bagpipes and tour Nanaimo Bastion or just enjoy a family bike ride along the waterfront, Protection Island or Newcastle Island. The options are truly endless. Most homes for sale in Nanaimo are also as affordable as they are beautiful. The mix of family-friendly detached houses as well as the convenient townhomes and condos are great for many types of buyers.
Top Nanaimo Attractions & Amenities
Nanaimo real estate is fantastic for those who love being surrounded by nature, and with over 200 parks nearby, real estate in Nanaimo offers access to the most natural beauty. Some of the most popular spots are Neck Point and Pipers Lagoon—the sunsets and sunrises are breathtaking!
For children's parks, many kids like Maffeo Sutton, because it's so big and because it offers extra waterfront activities like fishing and crabbing, not to mention that they love the outdoor concerts. Beban Park is also a family favourite, as there's always something exciting going on. Check out a Clippers game, ride the indoor pool's lazy river and waterslides, play golf or tennis or take your kids ice skating after a long day at the park.
Nanaimo's vibrant downtown has changed a lot over just the last year or two. Aside from hosting several festivals such as the Bathtub Race, Silly Boat Regatta, Nanaimo Dragon Boat festival and Summertime Blues, the city center offers a wide variety of funky shops, art galleries, museums, a theatre and even the ever-so-popular Downtown Farmer's Market in the summertime!
Aside from what has already been mentioned, here's why you should make Nanaimo your new home:
- 4.2% unemployment rate is the lowest in BC
- 60% lower commercial lease rates than Vancouver
- 21% increase in passengers at Nanaimo airport
- Over 25 flights per day and over 15 ferry routes per day
- 20 minute flight to downtown Vancouver
- Average Single Family New Construction Home is 43% lower than Vancouver
- Top 5 Sectors are Technology, Construction, Healthcare, Retail and Tourism
- Most affordable real estate in South West BC
- Limited vehicle traffic
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