Nanaimo and Canadian House Prices Feb. 2014

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NANAIMO REAL ESTATE February 2014

Total Nanaimo Homes Sold

Increase 61% Yr/Yr

Prices Increase 4%

The month of February 2014 saw 103 homes sold, compared with 50 homes the previous month, and compared with 64 homes sold in February 2013. This represents a 61% decrease when compared with last year.

The average sale price increased in February 2014 to $364,776.00 compared with $351,918.00 in February 2013. The median Nanaimo house price for February 2014 was $349,900.00.

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 February 2014.

National Average
February    2014 -$406,372
February    2013 - $369,066

Average Prices For The Month of February

Victoria BC
2014 - $483,720
2013 - $463,265

Vancouver BC
2014 - $846,978
2013 -  $760,976

Calgary
2014 - $460,338
2013 - $438,755

Regina
2014 - $300,667
2013 - $310,551

Toronto

2014 - $553,193

2013 - $510,580

 

Ottawa
2014 - $354,619

2013 - $348,386

Nanaimo Prices 
 2014 -  $364,776
2013 -  $351,918

Units Sold Nanaimo
   2014  -  103
  2013  -  64

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.