Track current townhome market conditions in Nanaimo, Parksville, Qualicum Beach, Nanoose Bay, Chemainus and Ladysmith, with asking-price ranges, price per square foot, days on market and active inventory for townhouses, row homes and patio homes listed through the Vancouver Island Real Estate Board. Figures are drawn from current MLS® data and change as townhomes are listed, sold or repriced.
Nanaimo and Parksville townhome market caution: The townhome mix runs from 1970s complexes in south Nanaimo and Ladysmith to large view units in Departure Bay and Fairwinds and new family townhouses in the north end and Parksville, so the average reflects what happens to be listed as much as the market's direction. A new project releasing many units at once can lift both the average price and days on market until the units sell.
Nanaimo & Parksville Townhome Market Townhouses and patio homes from Ladysmith and Chemainus to Nanaimo, Parksville and Qualicum Beach
How to Read the Numbers
Understanding Nanaimo and Parksville Townhome Market Data
Family townhouses in Nanaimo and retirement patio homes in Oceanside sit in the same statistics, and they behave differently.
01
Two Buyer Pools
Nanaimo's two- and three-storey townhouses sell mostly to families and first-time buyers, while single-level patio homes in Parksville and Qualicum Beach sell to downsizers. The patio homes often list for more per square foot because main-floor living is what their buyers want.
02
Age-Restricted Complexes
Many townhome complexes in north Nanaimo, Parksville and Qualicum Beach limit ownership or residence to people 55 and over. Those bylaws narrow the pool of buyers, which can affect both price and market time compared with an unrestricted complex nearby.
03
Bare-Land Stratas and Upkeep
Bare-land and conventional stratas split maintenance and insurance differently, and older complexes may face roof, siding or window replacement. Fees, contingency funds and coming levies vary widely and are not reflected 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.