Nanaimo & Parksville 55+ Homes Market Report

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Current Nanaimo & Parksville 55+ Data

Nanaimo & Parksville 55+ Homes Market Report

Track the market for age-restricted homes from Chemainus and Ladysmith to Qualicum Beach and Errington, including asking-price ranges, price per square foot, days on market and active inventory for 55+ condos, townhomes, patio homes and manufactured homes listed through the Vancouver Island Real Estate Board. The figures are generated from current MLS® data and update as homes are listed, sold or repriced.

Nanaimo and Parksville 55+ market caution: This category mixes manufactured homes on rented pads, which list for a fraction of the price of a strata home, with patio homes and condos that own their land or a share of it. When more park homes are listed, the average falls even if strata prices hold. Compare one ownership type at a time, and remember that pad rent is not in the price.
Nanaimo Harbourfront Walkway beside the marina docks on a sunny day
Nanaimo & Parksville 55+ Market Patio homes, condos and park homes for residents 55 and over, from north Nanaimo to Qualicum Beach
How to Read the Numbers

Understanding Nanaimo and Parksville 55+ Market Data

The area's age-restricted market is large and varied, and the statistics move with the mix of ownership types on offer.

01

Oceanside Leads the Supply

Parksville, Qualicum Beach and Nanoose Bay, among the oldest communities in Canada by census data, hold a large share of 55+ listings, with north Nanaimo the other main cluster. Single-level patio homes in these areas usually carry a higher price per square foot than two-storey family townhomes of similar age.

02

Parks vs Stratas

Manufactured homes in age-restricted parks in Lantzville, Nanoose Bay, Errington and south Nanaimo sit at the low end of the range, while newer patio homes in 55+ bare-land stratas in Parksville and Qualicum Beach sit at the top. A rise or fall in either group shifts the averages in this report.

03

Smaller Buyer Pool

An age bylaw limits who can live in a home, so 55+ units can take longer to sell than unrestricted homes nearby, especially in a slower market. Days on market here are best compared with other 55+ listings, not the general market.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
240 Stanford E Ave Unit ##113 2 2 1,240 $549,000 $442 0 days
5854 Turner Rd Unit ##33 2 2 1,107 $299,900 $270 0 days
6728 Dickinson Rd Unit ##301 2 2 1,232 $549,900 $446 1 day
6595 Groveland Dr Unit ##7 2 2 1,313 $679,000 $517 1 day
128 Ocean Walk Dr 3 3 2,044 $599,900 $293 1 day
399 Wembley Rd Unit ##205 2 2 1,162 $529,900 $456 2 days
4025 Magnolia Dr 2 2 1,560 $595,000 $381 2 days
2465 Apollo Dr Unit ##188 2 1 745 $239,000 $320 2 days
850 Arbutus St Unit ##16 2 2 1,494 $719,900 $481 7 days
3219 Point Pl 2 3 2,218 $850,000 $383 6 days
1391 Price Rd Unit ##119 3 2 1,467 $449,900 $306 7 days
7071 Lantzville Rd Unit ##21 3 2 1,309 $339,000 $258 7 days
568 Hampstead St 2 2 1,390 $699,900 $503 8 days
144 Fourth E Ave Unit ##7 2 2 1,098 $669,800 $610 8 days
240 Stanford E Ave Unit ##106 2 2 1,253 $585,000 $466 9 days
6154 Saturna Ave 2 2 1,432 $624,900 $436 10 days
1048 Murchie Way Unit ##39 2 2 963 $325,000 $337 10 days
3948 Valewood Dr 2 2 1,224 $485,000 $396 10 days
6820 Parklands Pl Unit ##23 3 2 1,642 $284,500 $173 13 days
340 Young St Unit ##12 2 2 1,175 $519,900 $442 14 days
126 Ocean Walk Dr 3 3 2,040 $605,900 $297 14 days
2465 Apollo Dr Unit ##219 2 2 1,134 $319,900 $282 14 days
3931 Excalibur St 3 2 1,501 $559,900 $373 14 days
9876 Esplanade St Unit ##201 2 2 852 $399,000 $468 15 days
309 Morison Ave Unit ##103 1 1 958 $359,900 $375 16 days
5267 Arbour Cres 2 2 1,289 $569,900 $442 16 days
1018 Collier Cres 3 2 1,449 $419,900 $289 17 days
33 Mt. Benson St Unit ##704 2 2 1,200 $399,999 $333 20 days
1204 Gabriola Dr 2 2 1,716 $829,900 $483 22 days
6325 Metral Dr Unit ##110 2 2 1,322 $279,900 $211 23 days
5254 Arbour Cres 2 2 1,245 $584,900 $469 24 days
1359 Cranberry Ave Unit ##105 2 2 924 $199,900 $216 27 days
6325 Metral Dr Unit ##27 2 2 1,360 $429,900 $316 27 days
5263 Nelsonwoods Pl 2 2 1,465 $750,000 $511 29 days
650 Berwick N Rd Unit ##421 1 1 671 $489,000 $728 31 days
1247 Arbutus Rd Unit ##7 2 2 939 $225,000 $239 31 days
586 Hampstead St 3 2 1,370 $774,900 $565 34 days
5854 Turner Rd Unit ##71 3 2 1,162 $279,900 $240 35 days
3385 Edgewood Dr 3 3 2,178 $698,000 $320 35 days
525 Jim Cram Dr Unit ##10 2 1 1,232 $344,000 $279 35 days
6595 Groveland Dr Unit ##11 2 2 1,319 $679,900 $515 35 days
6325 Metral S Dr Unit ##134 2 2 804 $197,500 $245 37 days
375 Newcastle Ave Unit ##201 2 1 1,101 $399,000 $362 36 days
5854 Turner Rd Unit ##63 2 2 1,330 $309,900 $233 37 days
450 Bay Ave Unit ##20 2 2 1,171 $449,990 $384 37 days
5854 Turner Rd Unit ##65 2 2 1,183 $324,900 $274 37 days
6211 Blueback Rd Unit ##4 2 1 937 $439,900 $469 37 days
261 Mills St Unit ##703 2 2 857 $400,000 $466 41 days
5854 Turner Rd Unit ##64 2 2 1,072 $335,900 $313 41 days
2301 Arbot Rd Unit ##58 2 2 1,028 $279,000 $271 44 days
Average: 2.2 1.9 1,252 $458,613 $363 53 days
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Viewing 1 - 50 of 89

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