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August First Look: Nanaimo Real Estate Market Update 2025 August Real Estate Market Stats Nanaimo 2025

August First Look: Nanaimo Real Estate Market Update 2025

We’re sharing this a little early so you’re not waiting for the official board release. The numbers below come from our in-house MLS® solds through August 27, 2025—a fresh read on what’s really happening in Nanaimo.Let’s start with the pace and the price. Over the last 30 days, Nanaimo recorded 157 sales with a median price around $820,000, ~$394 per square…

Homes Sold

Total Sales
(June)
151
Avg. Price
(June)
$848k

Recent Sales Highlights:

  • 675 Bowen Rd. $685,000
  • 5977 Vermillion Pl. $825,000
  • 3780 Norwell Dr. $1,125,000

Data based on recent public records. For detailed insights, consult Derek Gillette.

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Recent Interest Rates & Mortgage Stats

5-Year Fixed Rate
3.94%
Variable Rate (Prime – 0.75%)
4.00%

Key Mortgage Insights:

  • Average Mortgage Amount $454,976
  • Mortgage Stress Test Rate 5.25%

Rates are illustrative and subject to change. Consult a mortgage professional for personalized advice.

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