Nanaimo real estate stats

Balanced market
How’s the Nanaimo Real Estate Market as of January 2015?

Most people have heard the terms “buyer’s market” and “seller’s  market”, but do you know what they really mean and how they are determined?

The Nanaimo real estate market is cyclical – which is why you may have heard the term, “...

The state of the Nanaimo real estate market is always of interest to homeowners, sellers and buyers alike.

Now that we are in January 2015, I thought it would be a good idea to see just how active the market was last year.  After reviewing 2014 real estate stats, supplied by the Vancouver...

Nanaimo Real Estate market for the year 2014

It is now early January in Nanaimo.  It’s the perfect time to have a look back at what happened in the real estate market here in Nanaimo, over the past twelve months.
VIREB has calculated the Nanaimo real estate sales numbers for the year 2014...

Nanaimo Neighbourhoods House Prices for 2014

 

The Vancouver Island Real Estate Board (VIREB) divides the City into 18 different Nanaimo neighbourhoods.
If you are contemplating a move into a specific Nanaimo neighbourhood it is important to understand the local real estate market....

The Nanaimo real estate market as of November 30, 2014

Nanaimo single family home sales were down in November 2014.  There were 8% fewer single family homes sold this November as compared to November 2013.  However, year-to-date there were 7% more homes sold in 2014 than in 2013.  

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The Nanaimo real estate market as of October 31, 2014

Nanaimo home sales are up and inventory levels are still low.  There were 19% more single family homes sold this October as compared to October 2013 and year-to-date this number is at 9%.  

One very interesting stat showed up this...

Real Estate in Nanaimo - Absorption rates for October 2014 

The latest real estate stats from the Vancouver Island Real Estate Board, were released today for October 2014.  I spent some time with my calculator calculating the real estate in Nanaimo absorption rates as of the end of October 2014...

Nanaimo Real Estate – Sept. 30 2014 real estate update

The real estate market in Nanaimo continues to be strong, particularly in single family homes. 

Here is what has been selling in the Nanaimo real estate market for the month of September 2014.  (source VIREB):

Property Type    ...

Nanaimo Real Estate market from January-June 30 2014 – What sold and for how much?

Great news for the real estate market in Nanaimo - the market is definitely improving.  The first half of 2014, as compared to the first 6 months of 2013, showed increases in the number of sales and, albeit small...

Nanaimo Real Estate as of June 1 2014 - What’s selling & for how much?

 

The Nanaimo real estate market is still humming along. According to the current absorption rates we are still experiencing a sellers' market .

How does one analyze the state of the Nanaimo real estate...

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