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

CHASE RIVER

March 2022, for single family homes in Chase River, there were 6 units listed, 3 units reported sold, a 111.23% Sell Price to List Price percentage, and running at an average of 11 days on market. The average sell price per unit sold was $1,162,235.

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

There were 13 single family homes sales in the Chase River area from January 1st, 2022 to March 31st, 2022. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

March 2022, for single family homes in South Nanaimo, there were 32 units listed, 15 units reported sold, a 107.06% Sell Price to List Price percentage, and running at an average of 16 days on market. The average sell price per unit sold was $771.360.

Apartment style condos are not common in South Nanaimo, but there was 1 sale for $315,000 which was 108.62% above the list price.

There were 36 single family homes sales in the South Nanaimo area from January 1st, 2022 to March 31st, 2022. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

March 2022, for single family homes in University District, there were 32 units listed, 16 units reported sold, a 106.59% Sell Price to List Price percentage, and running at an average of 26 days on market. The average sell price per unit sold was $1,003,328.

For apartment style condos, there was 1 unit listed and zero units reported sold.

There were 30 single family homes sales in the University District area from January 1st, 2022 to March 31st, 2022. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

March 2022, for single family homes in Old City, there were 3 units listed, 4 units reported sold, a 105.96% Sell Price to List Price percentage, and running at an average of 8 days on market. The average sell price per unit sold was $707,000.

For apartment style condominiums within the Old City Quarter, there were 16 units listed, 10 units reported sold, a 105.81% Sell Price to List Price percentage, and running at an average of 17 days on market. The average sell price per unit sold was $501,940.

There were 9 single family homes sales in the Old City area from January 1st, 2022 to March 31st, 2022. The breakdown of price by percentage is shown below:

BRECHIN HILL

March 2022, for single family homes in Brechin Hill, there were 6 units listed, 6 units reported sold, a 106.42% Sell Price to List Price percentage, and running at an average of 10 days on market. The average sell price per unit sold was $772,000.

For apartment style condos, there was 1 unit listed and 1 unit reported sold for $415,000 but sat on the market for 53 days.

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

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