Tag Archives: Nanaimo Market Update

Nanaimo Market Update Wrap Up 2015

As we settle into a New Year, it’s exciting to look back and see what a great year it was for Real Estate in Nanaimo. Nanaimo is desirable, affordable, and our fair city continues to be asought-after place to live. Do you know how sellers and buyers faired in our city? Read more about the market update wrap up 2015 and find out what action you can take if you plan on selling in 2016.


Sellers have faired well this year. Prices on single family homes rose steadily through the year and so did demand for homes.

  • The 12 month average shows 3% more homes single family homes listed in Nanaimo than the previous 12 months, yet the number of units sold grew by 16%.
  • In the last 12 months the amount of time it took homeowners to sell also went down by 16% or 41 days on the market from 49 the year before.

Market Update wrap up 2015


Although Buyers have had to compete to get the home they want far more often this year, and they have been forced to make quicker decisions, the true wins for Buyers is the constant turnover of inventory and continued AMAZING interest rates from lenders who want their business.

What can you take from all of this …

Market update wrap up 2015


The Buyers are out there, and they are hungry to make a purchase, but homes that don’t show well, and aren’t priced right will stay in the inventory unsold. Get great advice from a REALTOR® who is in the heat of a busy market to make sure you are poised to get the best you can.


Contact a REALTOR® who knows the ins and outs of the market, is familiar with the inventory, and who can get the job done. Ask your REALTOR® for an introduction to a Mortgage Professional and get your pre-approval in place so you are ready to make an offer when the perfect opportunity presents itself. 

RE/MAX of Nanaimo Market Share Update RE/MAX of Nanaimo is the leading Real Estate Brokerage in Nanaimo. We have GREAT REALTORS® who are ready to help and guide you through the buying and/or selling process with experience, knowledge and professionalism.

Call our office today at (250) 751-1223 to make an appointment to meet with one of the best!

From RE/MAX of Nanaimo’s humble beginnings, to the market-dominating business it is today, the company continues to grow and adapt to suit client and agent needs. Some things, however, never change. Our commitment to service, ethics, and continual education means that our clients can benefit from the knowledge and experience of Nanaimo’s top real estate professionals, while our REALTORS® benefit from a working environment that supports their professional and personal growth.

Nanaimo Market Update – November 2015

Are you wondering what is happening in our local real estate market? Here are the highlights and Nanaimo Market Update for November 2015.

Nanaimo market update

Continue reading

Justus has been with RE/MAX of Nanaimo since January 2005 and is the Managing Broker. Justus was born and raised on Vancouver Island, so he and his lovely wife Kelly, decided in 2002 to raise their family on the Island and along with their daughter SaraLynn, are happily living in beautiful Nanaimo. When he’s not helping clients, Justus spends time with his family boating, he plays hockey, goes fishing, and plays in a band. Justus has learned a lot about the real estate industry in the last decade since aligning myself with the dedicated professionals at RE/MAX of Nanaimo. In 2014, he took his career to the next level by becoming the Managing Broker at RE/MAX of Nanaimo.