Saturday, May 04, 2013

Nanaimo House Prices April 2013


  Nanaimo Real Estate Home Sales
Nanaimo House Prices April 2013
Prices Decrease 9% -  Sales Increase 12%

The following information is taken from the MLS sales data from the Vancouver Island Real Estate Board. The information is based on single-family residential unit sales.

The month of April 2013 saw 126 homes sold, compared with 77 homes the previous month, and compared with 113 homes sold in April 2012. This represents an 12% increase when compared with last year.

The average sale price decreased in April 2013 to $334,486.00 compared with $367,828.00 in April 2012 a decrease of 9%. The median Nanaimo house price for April 2013 was $318,000.00.

VIREB cautions that average price information can be useful in establishing trends over time, but does not indicate the actual prices in centers comprised of widely divergent neighbourhoods or account for price differential between geographic areas.

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