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

CHASE RIVER

July 2022, for single family homes in Chase River, there were 9 units listed, 4 units reported sold, a 102.02% Sell Price to List Price percentage, and running at an average of 23 days on market. The average sell price per unit sold was $954,785.

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

There were 38 single family homes sales in the Chase River area from January 1st, 2022 to July 31st, 2022. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

July 2022, for single family homes in South Nanaimo, there were 30 units listed, 6 units reported sold, a 100.87% Sell Price to List Price percentage, and running at an average of 31 days on market. The average sell price per unit sold was $693,717.

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

There were 88 single family homes sales in the South Nanaimo area from January 1st, 2022 to July 31st, 2022. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

July 2022, for single family homes in University District, there were 22 units listed, 4 units reported sold, a 98.44% Sell Price to List Price percentage, and running at an average of 21 days on market. The average sell price per unit sold was $851,475.

For apartment style condos, there was 1 unit listed, 2 units reported sold, a 98.34% Sell Price to List Price percentage, and running at an average of 25 days on market. The average sell price per unit sold was $501,000.

There were 76 single family homes sales in the University District area from January 1st, 2022 to July 31st, 2022. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

July 2022, for single family homes in Old City, there were 5 units listed, but only 1 unit was reported sold at a 99.07% Sell Price to List Price percentage, and selling in 31 days on market. The average sell price per unit sold was $792,500.

For apartment style condominiums within the Old City Quarter, there were 9 units listed, 3 units reported sold, a 100.50% Sell Price to List Price percentage, and running at an average of 10 days on market. The average sell price per unit sold was $401,633.

There were 20 single family homes sales in the Old City area from January 1st, 2022 to July 31st, 2022. The breakdown of price by percentage is shown below:

BRECHIN HILL

July 2022, for single family homes in Brechin Hill, there were 5 units listed, 2 units reported sold, a 102.74% Sell Price to List Price percentage, and running at an average of 9 days on market. The average sell price per unit sold was $847,500.

For apartment style condos, there were 8 units listed and zero units reported sold.

There were 15 single family homes sales in the Brechin Hill area from January 1st, 2022 to July 31st, 2022. The breakdown of price by percentage is shown below:

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