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

CHASE RIVER

January 2022, for single family homes in Chase River, there were 6 units listed, 3 units reported sold, a 111.67% Sell Price to List Price percentage, and running at an average of 4 days on market. The average sell price per unit sold was $874,333.

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

There were 3 single family homes sales in the Chase River area from January 1st, 2022 to January 31st, 2022. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

January 2022, for single family homes in South Nanaimo, there were 9 units listed, 8 units reported sold, a 106.34% Sell Price to List Price percentage, and running at an average of 29 days on market. The average sell price per unit sold was $888,250.

Apartment style condos are not common in South Nanaimo, there were zero new listings and zero reported sales for the month of December.

There were 8 single family homes sales in the South Nanaimo area from January 1st, 2022 to January 31st, 2022. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

January 2022, for single family homes in University District, there were 4 units listed, 3 units reported sold, a 112.84% Sell Price to List Price percentage, and running at an average of 11 days on market. The average sell price per unit sold was $1,043,333.

For apartment style condos, there were zero new listings and zero reported sales in December.

There were 3 single family homes sales in the University District area from January 1st, 2022 to January 31st, 2022. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

January 2022, for single family homes in Old City, there were 5 units listed, 3 units reported sold, a 101.38% Sell Price to List Price percentage, and running at an average of 58 days on market. The average sell price per unit sold was $665,667.

For apartment style condominiums within the Old City Quarter, there were 7 units listed, 2 units reported sold, a 102.63% Sell Price to List Price percentage, and running at an average of 28 days on market. The average sell price per unit sold was $587,450.

There were 3 single family homes sales in the Old City area from January 1st, 2022 to January 31st, 2022. The breakdown of price by percentage is shown below:

BRECHIN HILL

January 2022, for single family homes in Brechin Hill, there were zero units listed and zero units reported sold.

For apartment style condos, there were 2 units listed, 2 units reported sold, a 111.76% Sell Price to List Price percentage, and running at an average of 16 days on market. The average sell price per unit sold was $642,500.

There were zero single family homes sales in the Brechin Hill area from January 1st, 2022 to January 31st, 2022. The breakdown of price by percentage is shown below:

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