Nanaimo
Nanaimo is a ferry port and city located on the east coast of Vancouver Island in British Columbia, Canada. Working and living in Nanaimo is invigorating, sustainable and this city also promotes a balanced aquatic life. Nanaimo city has used its wonderful harbor for servicing, trading, and also distributing the industries. There is also a growth in lumbering and fishing in the city since 1950. Nanaimo port has almost 04 deep-sea berths and there are provincial ferries docks at Nanaimo Harbour, Duck point, and Departure bay.
Condominium Price Index 2021
A condominium which is shortly called a Condo is an individual unit that is owned privately within the building of other units. The owners of the condominium jointly owned the shared common area like a garage, outside hallways, gyms, and pools to name a few. These are typically found in the high-rise building in Nanaimo while you can also find detached condos in the same city. Nanaimo Condo’s real state depends on the area and number of beds and baths available.
The Condos with 2 beds and 3 baths with a total surface area of 1181 sq ft has a price of $434,900. Moreover, Condos with 3 beds and 3 baths have a price of $747,800. Likewise, if we talk about the condos having 6 beds and 3 baths the price will become even higher. It is obvious that with the increase in the number of beds and baths prices become even higher.
Number of active listings in Nanaimo
There are a total of 13 new Condominium listings in the city from the last 28 days and almost 04 are sold out. There are different types of Condo houses depending on the number of beds and baths available. There are 16 one bed condominiums available in the city. There are 78 2 beds and almost 5 three beds condominiums are currently available in the city. If we talk about overall active listings then there are 100 Condominium apartments available in Nanaimo city.
Condominium prices increasing or decreasing
This is the fastest-growing, fastest-selling, and highest city in Canada. this city has an average price of $1.1M and the same median price of $1.1M. From December 29 to January 26 the average price of a Condominium 1 bed is more than $376K about 3 months ago and 390K about 6 months ago while this price was $401K about a year ago.
If we talk about 2-bed condominium prices then this was $483K from December 29 to January 26 and this was $541K about 3 months ago and $494K about 6 months ago. Similarly, there are 3 beds in condominium houses in the city and they have a price of 878K. If we talk about the overall pricing then from December 29 to January 26 this was $483 and was $513K 3 months ago and $ 429 K about 6 months ago. About a year ago this price was $538K. These prices of Condominiums are fluctuating.
