Nanaimo & Canadian Home Prices October 2012

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NANAIMO REAL ESTATE October 2012

Total Nanaimo Homes Sold

Decreases 15% Over 2011

Prices Decrease 6%

The month of October 2012 saw 82 homes sold, compared with 72 homes the previous month, and compared with 96 homes sold in October 2011. This represents a 15% decrease when compared with last year.

The average sale price decreased in October 2012 to $336,172.00 compared with $356,453.00 in October 2011. The median Nanaimo house price for October 2012 was $330,500.00.

For more information about Nanaimo House Prices and comparisons use this Nanaimo Info LINK.

Following sales figures are based on average MLS sales summaries for Nanaimo and other Canadian cities for September 2012.

National Average
October  2012 - $361,516
October  2011 - $361,436

Average Prices For The Month of October

Victoria BC
2012 - $464,360
2011 - $475,742

Vancouver BC
2012 - $736,732
2011 -  $767,225

Calgary
2012 - $418,721
2011 - $398,924

Regina
2012 - $297,688
2011 - $282,313

Toronto

2012 - $503,479

2011 - $478,137

 

Ottawa
2012 - $347,581

2011 - $339,802

Nanaimo Prices 
 2012 -  $336,172
2011 -  $356,453

Units Sold Nanaimo
  2012 -  82
   2011 - 96

Remember that these prices provide a broad market trend only and do not necessarily reflect the true market value of real estate. For a proper evaluation of your property you need to consult one of the many professional realtors in Nanaimo.