Market Stat Monday May 2021: Chase River / South Nanaimo / University District / Old City / Brechin Hill

CHASE RIVER

May 2021, for single family homes in Chase River, there were 11 units listed, 9 units reported sold, a 101.73% Sell Price to List Price percentage, and running at an average of 25 days on market.


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

There were 41 single family homes sales in the Chase River area from January 1st, 2021 to May 31st, 2021. The breakdown of price by percentage is shown below:


SOUTH NANAIMO

May 2021, for single family homes in South Nanaimo, there were 23 units listed, 21 units reported sold, a 101.21% Sell Price to List Price percentage, and running at an average of 23 days on market.

Apartment style condos are not common in South Nanaimo, but for the month of May there were 2 reported sales averaging at 100.50% for their sell price to list price percentage and selling on average 56 days on market between the two of them.

There were 83 single family homes sales in the South Nanaimo area from January 1st, 2021 to May 31st, 2021. The breakdown of price by percentage is shown below:


UNIVERSITY DISTRICT

May 2021, for single family homes in University District, there were 21 units listed, 17 units reported sold, a 102.91% Sell Price to List Price percentage, and running at an average of 13 days on market.

For apartment style condos, there was only 1 unit listed but 3 reported sales averaging at 99.38% for their sell price / list price and sold within an average of 34 days on market.

There were 56 single family homes sales in the University District area from January 1st, 2021 to May 31st, 2021. The breakdown of price by percentage is shown below:


OLD CITY QUARTER

May 2021, for single family homes in Old City, there were 9 units listed, 9 reported sold, at an average sell price / list price of 99.91% and selling within an average of 25 days on market

Apartment style condominiums within the Old City Quarter had another hot month with 10 units listed and 13 units reported sold.

There were 23 single family homes sales in the Old City area from January 1st, 2021 to May 31st, 2021. The breakdown of price by percentage is shown below:


BRECHIN HILL

May 2021, for single family homes in Brechin Hill, there were 4 units listed, 2 units reported sold, a 110.28% Sell Price to List Price percentage, and running at an average of 11 days on market.

For apartment style condos, there were 5 units listed, 3 units reported sold, a 98.44% Sell Price to List Price percentage, and running at an average of 21 days on market.

There were 16 single family homes sales in the Brechin Hill area from January 1st, 2021 to May 31st, 2021. 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.

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