Market Stat Monday April 2022: Chase River / South Nanaimo / University District / Old City / Brechin Hill

CHASE RIVER

April 2022, for single family homes in Chase River, there were 9 units listed, 11 units reported sold, a 105.47% Sell Price to List Price percentage, and running at an average of 13 days on market. The average sell price per unit sold was $1,017,845.

Apartment style condos are not common in Chase River, there were zero units listed and zero sales last month.

There were 24 single family homes sales in the Chase River area from January 1st, 2022 to April 30th, 2022. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

April 2022, for single family homes in South Nanaimo, there were 31 units listed, 19 units reported sold, a 101.17% Sell Price to List Price percentage, and running at an average of 18 days on market. The average sell price per unit sold was $816,992.

Apartment style condos are not common in South Nanaimo, there were zero units listed and zero units reported sold.

There were 55 single family homes sales in the South Nanaimo area from January 1st, 2022 to April 30th, 2022. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

April 2022, for single family homes in University District, there were 23 units listed, 19 units reported sold, a 101.54% Sell Price to List Price percentage, and running at an average of 15 days on market. The average sell price per unit sold was $770,023.

For apartment style condos, there were 3 units listed and only 1 unit reported sold at a 111.89% Sell Price to List Price percentage, selling in 13 days on market for $391,500.

There were 48 single family homes sales in the University District area from January 1st, 2022 to April 30th, 2022. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

April 2022, for single family homes in Old City, there were 10 units listed but only 1 unit reported sold at a 117.27% Sell Price to List Price percentage and selling in 5 days on market for $762,000.

For apartment style condominiums within the Old City Quarter, there were 7 units listed, 8 units reported sold, a 98.27% Sell Price to List Price percentage, and running at an average of 25 days on market. The average sell price per unit sold was $540,813.

There were 10 single family homes sales in the Old City area from January 1st, 2022 to April 30th, 2022. The breakdown of price by percentage is shown below:

BRECHIN HILL

April 2022, for single family homes in Brechin Hill, there were 2 units listed, 4 units reported sold, a 105.22% Sell Price to List Price percentage, and running at an average of 9 days on market. The average sell price per unit sold was $676,750.

For apartment style condos, there were 8 units listed, 2 units reported sold, a 99.55% Sell Price to List Price percentage, and running at an average of 8 days on market. The average sell price per unit sold was $547,000.

There were 12 single family homes sales in the Brechin Hill area from January 1st, 2022 to April 30th, 2022. The breakdown of price by percentage is shown below:

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