Nanaimo Market Report: August 2026
August closed balanced: $791,000 median sold, 4.6 months of inventory, and Nanaimo holding while Greater Vancouver cools. Listen to the radio show and read the full report.
August closed as a balanced market. Not a buyer's market, not a seller's. Right in the middle: 4.6 months of inventory, a $791,000 median sale, and most homes still coming in close to their original asking price. The national story is softer. Greater Vancouver's composite benchmark is down 6.2% year over year. Nanaimo's single-family benchmark held at $822,200, up about 1%. That gap is what this month's Deep Dive Radio episode is about. Listen: Nanaimo real estate beats the national slump Five minutes. Same numbers, out loud. Your browser doesn't play this here. Listen on Deep Dive Radio . Open the August episode on Deep Dive Radio — July's show is still there under past episodes. Where August actually stood Single-family homes in Nanaimo, 60-day look-back across active, pending, and sold. 641 properties in the file: 449 active, 89 pending, 103 sold. $791,000 median sold price. The average is higher because a handful of estate listings, up to $6.5M, pull it up. For "typical," use the median. 4.6 months of inventory. That's balanced territory (4 to 6 months), with a slight tilt toward buyers. Pending sales count as already absorbed — they've left the active pool even before they close. 28 days median to close on the homes that sold. What's still sitting has been listed longer: 46 days median on the active pool. 98.9% median list-to-sell, measured against original list price. Most homes are not selling off a chased-down number. Where demand actually showed up North Nanaimo led the month with 32 transactions. South Nanaimo 21. Uplands and Departure Bay 18 each. University District 15. Ranchers and split entries sold faster than their share of the listings. Ranchers were 15.1% of active inventory and 21.9% of sales. Split entries were 6.5% of actives and 12% of sales. Main-level-entry homes with lower levels were the soft spot: more than a quarter of what was listed, about a sixth of what moved. Read the full report The written edition is on this site, not behind an emb…