Nanaimo & Parksville Condos Market Report

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Current Nanaimo & Parksville Condo Data

Nanaimo & Parksville Condos Market Report

Track current condo market conditions in Nanaimo, Nanoose Bay, Parksville, Qualicum Beach, Ladysmith and Chemainus, including asking-price ranges, price per square foot, days on market and active inventory for apartment-style condos listed through the Vancouver Island Real Estate Board. The figures below are generated from current MLS® data and update as suites are listed, sold or repriced.

Nanaimo and Parksville condo market caution: Fractional and quarter-share resort suites on the Parksville beachfront list for a small part of a whole-ownership price and drag the low end of the range and the average down, while new oceanfront suites at Fairwinds and harbour-view towers in downtown Nanaimo pull the top up. Older walk-ups in Uplands, central Nanaimo and Chemainus sit far below either. Compare whole-ownership units of similar age in the same neighbourhood.
Downtown Nanaimo and the boat basin looking west to Mount Benson
Nanaimo & Parksville Condo Market Apartment condos from the Nanaimo harbour to Parksville, Qualicum Beach, Ladysmith and Chemainus
How to Read the Numbers

Understanding Nanaimo and Parksville Condo Market Data

Condo figures here combine a city market with resort and retirement buildings, and each moves the statistics differently.

01

Nanaimo Is Most of the Market

Downtown towers, Old City low-rises, 1980s complexes in Uplands and newer north-end buildings make Nanaimo the bulk of the area's condo inventory. City listings therefore set the middle of the range, and a new building releasing several units at once can shift the averages.

02

Resort and 55+ Buildings

Beachfront resort suites in Parksville, marina-side buildings at Fairwinds and age-restricted buildings in Parksville, Qualicum Beach and Chemainus are priced on setting, amenities and buyer pool rather than size, which stretches price per square foot in both directions.

03

Strata Health Matters

Two similar suites can carry very different costs. Monthly fees, the contingency fund, the depreciation report, insurance deductibles and any envelope or elevator work coming up all affect what a buyer will pay, and none of them appear in the averages.

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
158 Promenade Dr Unit ##311 2 2 1,331 $749,900 $563 0 days
6728 Dickinson Rd Unit ##301 2 2 1,232 $549,900 $446 0 days
3529 Dolphin Dr Unit ##403 2 2 1,436 $1,159,000 $807 1 day
399 Wembley Rd Unit ##205 2 2 1,162 $529,900 $456 1 day
770 Poplar St Unit ##204 3 2 1,140 $449,900 $394 1 day
1600 Stroulger Rd Unit ##217 2 2 1,209 $595,000 $492 1 day
2562 Departure Bay Rd Unit ##508 2 1 949 $374,900 $395 4 days
330 Dogwood St Unit ##228 2 1 1,013 $629,000 $620 4 days
3108 Barons Rd Unit ##509 2 1 722 $285,000 $394 6 days
1600 Dufferin Cres Unit ##419 1 1 692 $269,900 $390 6 days
3529 Dolphin Dr Unit ##407 1 1 770 $509,000 $661 5 days
1600 Caspers Way Unit ##101 2 1 723 $299,900 $414 6 days
399 Wembley Rd Unit ##107 1 2 1,184 $549,995 $464 6 days
6715 Dover Rd Unit ##101 3 2 1,098 $424,900 $386 7 days
4728 Uplands Dr Unit ##209 2 1 814 $227,000 $278 8 days
1620 Townsite Rd Unit ##204 2 2 944 $425,000 $450 8 days
255 Hirst W Ave Unit ##202 2 1 868 $389,900 $449 9 days
335 Hirst W Ave Unit ##106 3 2 1,436 $499,900 $348 9 days
194 Beachside Dr Unit ##606 1 1 602 $395,000 $656 9 days
220 Island W Hwy Unit ##405 2 2 1,394 $520,000 $373 11 days
4971 Songbird Pl Unit ##205 2 2 811 $375,000 $462 12 days
555 Franklyn St Unit ##115 1 2 863 $439,000 $508 13 days
1175 Resort Dr Unit ##224 3 3 1,195 $55,000 $46 13 days
266 Hirst Ave Unit ##304 2 1 918 $328,000 $357 13 days
3529 Dolphin Dr Unit ##301 2 3 1,343 $824,900 $614 14 days
6320 Sentinal Dr Unit ##112 1 1 546 $400,000 $732 16 days
1600 Stroulger Rd Unit ##214 2 2 1,175 $565,000 $480 15 days
1600 Dufferin Cres Unit ##202 1 1 626 $249,900 $399 14 days
9876 Esplanade St Unit ##201 2 2 852 $399,000 $468 14 days
309 Morison Ave Unit ##103 1 1 958 $359,900 $375 15 days
5620 Edgewater Lane Unit ##402 2 2 1,014 $549,900 $542 15 days
181 Beachside Dr Unit ##903/904A 1 3 1,320 $234,000 $177 15 days
7181 Lantzville Rd Unit ##303 1 1 796 $549,900 $690 15 days
7181 Lantzville Rd Unit ##302 2 2 1,011 $729,900 $721 15 days
6310 Mcrobb Ave Unit ##416 1 2 872 $469,000 $537 15 days
194 Beachside Dr Unit ##607 2 2 1,004 $626,500 $624 16 days
24 Prideaux St Unit ##105 2 2 971 $355,000 $365 16 days
1600 Caspers Way Unit ##102 2 1 712 $299,999 $421 16 days
1685 Estevan Rd Unit ##103 2 1 904 $383,000 $423 18 days
2560 Departure Bay Rd Unit ##303 2 2 1,116 $592,000 $530 19 days
33 Mt. Benson St Unit ##704 2 2 1,200 $399,999 $333 19 days
8 White St Unit ##2 2 1 792 $299,000 $377 19 days
439 College Rd Unit ##204 2 2 1,652 $899,000 $544 20 days
355 Stewart Ave Unit ##401 2 2 1,064 $414,900 $389 20 days
4965 Vista View Cres Unit ##212 2 2 1,012 $550,000 $543 21 days
240 Milton St Unit ##305 2 1 890 $369,000 $414 22 days
4971 Songbird Pl Unit ##111 2 2 1,143 $364,900 $319 21 days
129 Sixth E Ave Unit ##6 2 1 748 $398,000 $532 21 days
45 Haliburton St Unit ##405 2 1 839 $504,900 $601 22 days
45 Haliburton St Unit ##304 2 1 760 $464,900 $611 22 days
Average: 1.8 1.7 986 $465,994 $478 58 days
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Viewing 1 - 50 of 184

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