Nanaimo Real Estate Home Sales
Nanaimo House Prices September 2015
Prices Increase 4% - Sales Decrease 7%
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 September 2015 saw 109 homes sold, compared with 128 homes the previous month, and compared with 117 homes sold in September 2014. This represents a 7% decrease when compared with last year.
The average sale price increased in September 2015 to $391,803.00 compared with $378,185.00 in September 2014 an increase of 4%. The median Nanaimo house price for September 2015 was $369,000.00.
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.
The September 2015 benchmark price of a single-family home in the Campbell River area was $276,100, an increase of 1.41 per cent from last year. In the Comox Valley, the benchmark price was $340,600, up 6.23 per cent from 2014. Duncan reported a benchmark price of $303,300, an increase of 7.85 per cent over the same month in 2014. Nanaimo’s benchmark price rose 5.75 per cent to $358,100 while the Parksville-Qualicum area saw its benchmark price rise by 4.21 per cent to $377,200. The price for a benchmark home in Port Alberni was $190,600, an increase of 1.81 per cent since September 2014.
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