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Nanaimo real estate statistics- March 2011

Nanaimo real estate statistics- March 2011

VIREB recently released the Nanaimo real estate statistics from March 2011.

The market appears to be more of a balanced market in comparison to the fall market.

The Cumulative Residential Average Single Family Sale Price is slightly higher than March 2009 and equal to March 2010. 

The following are the single family market changes for March 2011 compared with March 2010

- There were 4% fewer units listed this March than March 2010.

-  3% fewer units were sold this March compared to March 2010

-  The average sale price per unit for March 2011 was equal to March 2010

-  The average days to sell in March 2011 were 55 days compared with March 2010 which was 41 days.

For additional information regarding the Nanaimo Real Estate Market please contact me.

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