Nanaimo real estate stats

Nanaimo property sales
Nanaimo home sales for the month of September 2013

The Nanaimo real estate market has been busy. September saw a 57% increase in the sale of single family homes as compared to September 2012.  Additionally, the condo market is seeing an overall improvement in the number of sales.

The...

The Nanaimo real estate market as of Sept 30, 2013

As I was reviewing the Nanaimo real estate market, September sales stats, I noted that the numbers supported what I had been noticing in the marketplace. Sales are up and inventory levels are low.  

There were 57% more single family homes...

Real Estate in Nanaimo - Absorption rates as of Sept. 1 2013

There has been a real upswing in Nanaimo real estate sales over the past four months. We are most definitely experiencing a sellers’ market. A sellers’ market is a real estate market where there is a low inventory of homes for sale...

How was the real estate market in Nanaimo in August 2013?

With summer drawing to a close here in Nanaimo, it’s time to see how the real estate market really fared in August.  It was a very active market for me and many of the other Realtors I spoke to.  Additionally, there were SOLD signs...

Real Estate in Nanaimo - Absorption rates for June 2013

 

There have been some real market changes in Nanaimo real estate over the second quarter of 2013.  We are most definitely experiencing a sellers’ market. A sellers’ market is a real estate market where there is a low inventory of...

Nanaimo Real Estate market from January-June 30 2013

 

Great news for the real estate market in Nanaimo - the market is definitely improving.  The past three months – April, May & June, have all shown steady increases in the number of sales and, albeit small, increases in the average...

Nanaimo real estate statistics-May 2013

The real estate market in Nanaimo is definitely improving.  May was the second month in a row where we saw an increase in sales of single family homes.  In fact, in May 2013 we also saw the average single family home price rise 2% over May 2012.

...

Real Estate in Nanaimo - Absorption rates for May 2013

I spent some time with my calculator calculating the real estate in Nanaimo absorption rates as of the end of May 2013.  My numbers came from the latest real estate stats published by VIREB (Vancouver Island Real Estate Board).  Based on...

State of the Nanaimo real estate market for spring 2013

It’s early May and we are enjoying a lovely, warm spring here in Nanaimo.

I’ve spent some time reviewing local real estate statistics for the month of April 2013 as compared to April 2012.

 

The market is interesting to...

Real Estate in Nanaimo - Absorption rates for April 2013

The question I am most frequently, as a Nanaimo Realtor is “How’s the market in Nanaimo?”.  The best way to understand how the local real estate market is doing is to calculate the absorption rates.

The definition of absorption...

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