Nanaimo Real Estate Market Analysis: What the Last 90 Days Reveal Heading Into 2026

The post Nanaimo Real Estate Market Analysis: What the Last 90 Days Reveal Heading Into 2026 appeared first on Derek Gillette.

–> 90-Day Market Analysis The Market Is Still Moving—But It’s Rewarding Precision, Not Optimism Data-Driven Insights From 124 Recent Sales We process millions of data points across more than a decade of local sales, pricing behavior, and inventory shifts. Here’s what the last 90 days are telling us about pricing accuracy, competition, and where leverage actually shows up in this market. We spend a lot of time telling clients that the market doesn’t feel one way or another—it behaves in patterns. To stay grounded in those patterns, we rely on proprietary analytical software that processes millions of data points across more than a decade of local sales, pricing behavior, and inventory shifts. The goal isn’t to predict the future with certainty (anyone claiming that should make you nervous), but to stack probabilities in your favour —whether you’re buying, selling, or simply deciding when to act. 01 The Headline: Pricing Accuracy Mattered More Than “Negotiation” What the last 90 days show (sold set: 124 sales) Median Sale Price $815,000 Typical transaction value in the 90-day window Median Days on Market 43.5 Time from listing to sale completion Median Sold ÷ Original List 0.961 ~3.9% below original list because the market forced corrections 83.1% of sold listings had at least one price reduction (Original → Current) Median reduction size: ~4.84% The Cleanest “Pricing Skill” Signal Compare listings that sold without a reduction vs those that needed one: Homes priced accurately from the start sell 3× faster than those requiring price reductions Winner No Reduction (21 sales) 18 days median DOM Median Sold ÷ Original List: 1.008 (typically at/over original list) Had Reduction (103 sales) 54 days median DOM Median Sold ÷ Original List: 0.952 Median reduction: ~4.84% This Is The Market Story Homes that were priced right early sold about 3× faster and didn’t need the “walk-down” pricing process. 02 Where the Action Was: Areas With the Most Sales and Inventory Top Sub-Ar…