Wednesday, July 03, 2013

Nanaimo House Prices June 2013


  Nanaimo Real Estate Home Sales
Nanaimo House Prices June 2013
Prices Increase 5% -  Sales Increase 24%

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 June 2013 saw 115 homes sold, compared with 122 homes the previous month, and compared with 93 homes sold in June 2012. This represents an 24% increase when compared with last year.

The average sale price increased in June 2013 to $375,080.00 compared with $357,472.00 in June 2012 a increase of 5%. The median Nanaimo house price for June 2013 was $347,500.00.

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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