Monday, September 17, 2012

Nanaimo and Canadian Home Prices August 2012



NANAIMO REAL ESTATE August 2012
Total Nanaimo Homes Sold
Decreases 38% Over 2011
Prices Decrease 7%

The month of August 2012 saw 68 homes sold, compared with 114 homes the previous month, and compared with 110 homes sold in August 2011. This represents a 38% decrease when compared with last year.

The average sale price decreased in August 2012 by 7% to $341,434.00 compared with $365,592.00 in August 2011. The median Nanaimo house price for Augst 2012 was $351,000.00.


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 August 2012.

National Average
Aug. 2012 - $350,192
Aug. 2011 - $349,150
Average Prices For The Month of August

Victoria BC
2012 - $475,550
2011 - $536,631

Vancouver BC
2012 - $725,086
2011 -  $778,545

Calgary
2012 - $400,277
2011 - $394,251

Regina
2012 - $304,513
2011 - $280,972

Toronto
2012 - $479,095
2011 - $451,663
 
Ottawa
2012 - $347,673
2011 - $339,415

Nanaimo Prices 
 2012 $341,434.00
2011 $365,592.00

Units Sold
Nanaimo
  201268
   2011 - 110


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.

allvoices

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