Tuesday, September 03, 2013

Nanaimo House Prices August 2013

  Nanaimo Real Estate Home Sales
Nanaimo House Prices Aug. 2013
Prices Increase 6% -  Sales Increase 62%

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 August 2013 saw 110 homes sold, compared with 112 homes the previous month, and compared with 68 homes sold in August 2012. This represents an 62% increase when compared with last year.

The average sale price increased in August 2013 to $362,934.00 compared with $341,434.00 in August 2012 a increase of 6%. The median Nanaimo house price for August 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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