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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Saturday, February 3, 2024 11:45AM - 1:30PM

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Saturday, February 3, 2024 11:45AM - 1:30PM

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need is just a short...

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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Saturday, January 27, 2024 2:00PM - 4:00PM

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Saturday, January 27, 2024 2:00PM - 4:00PM

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need is just a short distance...

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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Saturday, January 20, 2024 10:00AM - 12:00PM

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Saturday, January 20, 2024 10:00AM - 12:00PM

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need is just a short...

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Posted in Na Uplands, Nanaimo Real Estate
New property listed in Na Uplands, Nanaimo

I have listed a new property at 3335 Rock City Rd in Nanaimo. See details here

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need is just a short distance away. Don't miss your opportunity to call this stunning...

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Welcome to the monthly and annual real estate statistics newsletter for December 2023.


Although median sold prices for freehold houses are down for 2023, when compared to 2022, they are not significantly lower and are still trending higher than 2021 and earlier. However, sales are down and when looking at the previous 10 years, 2023 had the lowest number of sales of freehold homes. When we look at the number of houses for sale the numbers are similar to 2020-2021 but are quite a bit lower than between 2014 and 2019 when we consistently saw more houses for sale.

So although sales are down we do still have a low inventory of houses for sale, which is probably why prices have not dropped more than some people were anticipating with the increase in mortgage interest rates. As we move into 2024 the general consensus is that interest rates will not go up but that we should start...

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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Saturday, January 6, 2024 2:00PM - 4:00PM Hosted by Ratul Goyal

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Saturday, January 6, 2024 2:00PM - 4:00PM Hosted by Ratul Goyal

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need...

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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Sunday, January 7, 2024 11:00AM - 1:00PM Hosted by Ratul Goyal

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Sunday, January 7, 2024 11:00AM - 1:00PM Hosted by Ratul Goyal

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need...

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Posted in PQ Errington/Coombs/Hilliers, Parksville/Qualicum Real Estate
I have sold a property at 7 1700 Alberni Hwy in Coombs

I have sold a property at 7 1700 Alberni Hwy in Coombs on Dec 15, 2023. See details here

These properties do not come along very often in mobile home parks - 4 bed, 1,500 sq ft with a large garden area that is approx 65' x 35' so would be ideal for those gardeners and/or those with growing families. Plus the garden is fully fenced with cedar panels, has vegetable beds, 2 storage sheds and is gated with space for RV parking. The home has a large living room that has a cozy, newer WETT and mobile home certified wood stove. A good size dining room and kitchen with island. Plus has the 4 bedrooms and 2 bathrooms with the primary having an ensuite. This really is a great spacious home in a family and pet friendly park. All measurements are approx and should be verified if important.

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Welcome to the monthly real estate statistics newsletter.  

This will be the last market report of 2023 as the December and annual numbers will be sent out in mid January. So as we approach the end of the year we would like to wish you all health and happiness and all the best for 2024.


Real Estate Statistics




 
 
Synopsis for Nanaimo
 
The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes, townhouses and apartments.)

Median Sold Price - freehold homes:



Median Sold Price - townhouses:



Median Sold Price - apartments:


 
 
Sold Numbers - freehold homes:



Sold numbers - townhouses:



Sold numbers - apartments:


 
 
Number of new listings - freehold homes:




Number of new listings - townhouses:




Number of new listings - apartments:


 
 

The following graphs shows the % difference of the housing price index (HPI) from the same month 6 and 12 months ago. It is split into the different sub-areas (the overall figure for Nanaimo is on the left of the graphs.)

Freehold homes:








Strata apartments/townhouses:





 
 

The following graphs are for Nanaimo and show the sales numbers against total active listings. This is helpful to show how the market is doing as the closer the 2 lines come together on each graph generally indicates a busy active market.

Freehold homes:



Townhouses:



Apartments:


 
 

The following graph is for Nanaimo and shows the months of inventory. This is the time it would take the current homes for sale, to sell, if no new homes were listed, which indicates whether we have a sellers, balanced or buyers’ market.

Freehold homes:



Townhouses:



Apartments:


 
 
 
As always I hope you find these monthly newsletters informative and if at any time you or any of your friends, relatives or co-workers are looking for a professional realtor to help them buy or sell a home, or just have a real estate question, please call my personal cell, 250-739-1228, or drop me an email.
 
Thank you,
Ian
...
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Posted in Na Uplands, Nanaimo Real Estate
Open House. Open House on Saturday, December 9, 2023 2:00PM - 4:00PM

Please visit our Open House at 3335 Rock City Rd in Nanaimo. See details here

Open House on Saturday, December 9, 2023 2:00PM - 4:00PM

Renovated and modernized, this charming home sits on a spacious 1/4 acre lot with a fully fenced rear garden, offering plenty of room for outdoor activities and entertaining. Plus as an added bonus there is space beside the home to park your RV or boat. Boasting a newer kitchen, bathrooms, flooring and paint inside and out, this home exudes a vibrant and welcoming atmosphere. With 4 bedrooms and 3 bathrooms, there is ample space for a growing family. The lower level features a tastefully renovated 1 bedroom suite, perfect for generating rental income or accommodating guests. Conveniently located near schools and shopping, everything you need is just a short distance...

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Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
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Ian Hodson

Telephone (250) 756-1132

ian@ianhodson.ca

4200 Island Highway

Nanaimo, B.C., 

V9T 1W6

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