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

CHASE RIVER

October 2021, for single family homes in Chase River, there were 7 units listed, 7 units reported sold, a 105.25% Sell Price to List Price percentage, and running at an average of 35 days on market. The average sell price per unit for October was $791,986.

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

There were 73 single family homes sales in the Chase River area from January 1st, 2021 to October 31st, 2021. The breakdown of price by percentage is shown below:

SOUTH NANAIMO

October 2021, for single family homes in South Nanaimo, there were 15 units listed, 12 units reported sold, a 104.78% Sell Price to List Price percentage, and running at an average of 20 days on market. The average sell price per unit for October was $786,875.

Apartment style condos are not common in South Nanaimo, there were zero new listings and zero reported sales for the month of October.

There were 149 single family homes sales in the South Nanaimo area from January 1st, 2021 to October 31st, 2021. The breakdown of price by percentage is shown below:

UNIVERSITY DISTRICT

October 2021, for single family homes in University District, there were 12 units listed, 5 units reported sold, a 116.01% Sell Price to List Price percentage, and running at an average of 8 days on market. The average sell price per unit for October was $772,300.

For apartment style condos, there was a single unit reported sold for 121.13% of the sell price to list price. This unit sold in 16 days on market for $321,000.

There were 119 single family homes sales in the University District area from January 1st, 2021 to October 31st, 2021. The breakdown of price by percentage is shown below:

OLD CITY QUARTER

October 2021, for single family homes in Old City, there were 2 units listed, 5 units reported sold, a 105.71% Sell Price to List Price percentage, and running at an average of 26 days on market. The average sell price per unit for October was $601,200.

For apartment style condominiums within the Old City Quarter, there were 6 units listed, 8 units reported sold, a 98.63% Sell Price to List Price percentage, and running at an average of 34 days on market. The average sell price per unit for October was $545,500.

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

BRECHIN HILL

October 2021, for single family homes in Brechin Hill, there was 1 unit listed, 3 units reported sold, a 106.28% Sell Price to List Price percentage, and running at an average of 24 days on market. The average sell price per unit for October was $712,000.

For apartment style condos, there were 5 units listed, 6 units reported sold, a 99.85% Sell Price to List Price percentage, and running at an average of 29 days on market. The average sell price per unit for October was $422,131.

There were 41 single family homes sales in the Brechin Hill area from January 1st, 2021 to October 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.