Saturday, August 03, 2013

Nanaimo House Prices July 2013

  Nanaimo Real Estate Home Sales
Nanaimo House Prices July 2013
Prices Increase 1% -  Sales Decrease 1%

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 July 2013 saw 113 homes sold, compared with 115 homes the previous month, and compared with 114 homes sold in July 2012. This represents an 1% decrease when compared with last year.

The average sale price increased in July 2013 to $362,918.00 compared with $360,007.00 in July 2012 a increase of 1%. The median Nanaimo house price for July 2013 was $359,000.00.

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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