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

CHASE RIVER

May 2022, for single family homes in Chase River, there were 15 units listed, 5 units reported sold, a 104.72% Sell Price to List Price percentage, and running at an average of 4 days on market. The average sell price per unit sold was $954,200.

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

There were 29 single family homes sales in the Chase River area from January 1st, 2022 to May 31st, 2022. The breakdown of price by percentage is shown below:


SOUTH NANAIMO

May 2022, for single family homes in South Nanaimo, there were 38 units listed, 16 units reported sold, a 102.40% Sell Price to List Price percentage, and running at an average of 18 days on market. The average sell price per unit sold was $799,563.

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

There were 71 single family homes sales in the South Nanaimo area from January 1st, 2022 to May 31st, 2022. The breakdown of price by percentage is shown below:


UNIVERSITY DISTRICT

May 2022, for single family homes in University District, there were 23 units listed, 9 units reported sold, a 100.62% Sell Price to List Price percentage, and running at an average of 21 days on market. The average sell price per unit sold was $819,411.

For apartment style condos, there were 2 units listed, 1 units reported sold, a 100.38% Sell Price to List Price percentage, and running at an average of 10 days on market. The average sell price per unit sold was $552,000.

There were 57 single family homes sales in the University District area from January 1st, 2022 to May 31st, 2022. The breakdown of price by percentage is shown below:


OLD CITY QUARTER

May 2022, for single family homes in Old City, there were 6 units listed, 5 units reported sold, a 98.16% Sell Price to List Price percentage, and running at an average of 24 days on market. The average sell price per unit sold was $853,580.

For apartment style condominiums within the Old City Quarter, there were 15 units listed, 8 units reported sold, a 100.40% Sell Price to List Price percentage, and running at an average of 25 days on market. The average sell price per unit sold was $398,538.

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


BRECHIN HILL

May 2022, for single family homes in Brechin Hill, there were 2 units listed and zero reported sales.

For apartment style condos, there was 1 unit listed, 3 units reported sold, a 99.80% Sell Price to List Price percentage, and running at an average of 24 days on market. The average sell price per unit sold was $640,000.

There were 12 single family homes sales in the Brechin Hill area from January 1st, 2022 to May 31st, 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.

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Phone(250) 740-0978

Email[email protected]

Address eXp Realty
#203 - 335 Wesley St
Nanaimo, BC V9R 2T5

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