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

CHASE RIVER

June 2022, for single family homes in Chase River, there were 7 units listed, 5 units reported sold, a 102.41% Sell Price to List Price percentage, and running at an average of 18 days on market. The average sell price per unit sold was $808,000.

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

There were 34 single family homes sales in the Chase River area from January 1st, 2022 to June 30th, 2022. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

June 2022, for single family homes in South Nanaimo, there were 24 units listed, 11 units reported sold, a 98.41% Sell Price to List Price percentage, and running at an average of 30 days on market. The average sell price per unit sold was $794,082.

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

There were 82 single family homes sales in the South Nanaimo area from January 1st, 2022 to June 30th, 2022. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

June 2022, for single family homes in University District, there were 17 units listed, 15 units reported sold, a 99.67% Sell Price to List Price percentage, and running at an average of 26 days on market. The average sell price per unit sold was $778,833.

For apartment style condos, there was only 1 unit listed and zero reported sales in the University District this past month.

There were 72 single family homes sales in the University District area from January 1st, 2022 to June 30th, 2022. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

June 2022, for single family homes in Old City, there were 6 units listed, 4 units reported sold, a 96.74% Sell Price to List Price percentage, and running at an average of 32 days on market. The average sell price per unit sold was $666,250.

For apartment style condominiums within the Old City Quarter, there were 10 units listed, 8 units reported sold, a 99.05% Sell Price to List Price percentage, and running at an average of 22 days on market. The average sell price per unit sold was $524,850.

There were 19 single family homes sales in the Old City area from January 1st, 2022 to June 30th, 2022. The breakdown of price by percentage is shown below:

BRECHIN HILL

June 2022, for single family homes in Brechin Hill, there were 5 units listed but only 1 unit reported sold last month for $1,050,000 in only 7 days. That was 106.17% of the asking price.

For apartment style condos, there were 10 units listed, 2 units reported sold, a 98.11% Sell Price to List Price percentage, and running at an average of 15 days on market. The average sell price per unit sold was $726,000.

There were 13 single family homes sales in the Brechin Hill area from January 1st, 2022 to June 30th, 2022. The breakdown of price by percentage is shown below:

Call us at 250-585-8910 if you have questions about any of these community Real Estate Market Stats, the worth of your home or your home search or fill out the form below with your questions and we will contact you asap.