Nanaimo real estate market stats

Nanaimo real estate statistics as of October 31 2012

Here is a review of real estate in Nanaimo for the month of October, 2012. 

Nanaimo real estate statistics for single family homes

The Cumulative Residential Average Single Family Sale Price is down by 6% over October 2011.  The…

What exactly IS happening in the Nanaimo real estate market?

If you are like me, you have been hearing doom and gloom reports about the Nanaimo real estate market.

There is no question that the market has been down over the last two months in relation to the same months the previous year…

Nanaimo Real Estate from Jan-Sept 30 2012 – What's been selling?

I’ve been reviewing the sales to date in Nanaimo, for this year. VIREB has calculated the Nanaimo real estate sales numbers for the past 10 months.  Most months I look at the sales from the previous month.  However, this month I am…

How's the Nanaimo real estate market?

As a Nanaimo Realtor I am often asked ' How's the market'?  This question spurred me on to add a special section on my site called' How's the market?'.  I post monthly, short videos on the current state of the Nanaimo real estate market.

I just…

Sales of Nanaimo homes by price range

The summer concluded with much slower activity levels in the Nanaimo real estate market.  August sales were down by 38%.  According to a recent article in the Globe & Mail, the record low interest rates and  strong economic growth in Canada, should…

Nanaimo Real Estate Market as of September 1 2012 - What’s selling & for how much?

The Nanaimo real estate sales numbers for the month of August, 2012 have been published. 

Here’s the type of real estate that sold in Nanaimo in August 2012 (source VIREB):

 Property Type    …

Real Estate in Nanaimo - Absorption rates for July 2012

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

The definition of absorption…

What are the prices of homes in Nanaimo?

I am often asked the question “What are prices like for homes in Nanaimo?”  There are a number of different neighbourhoods in Nanaimo and each one has its own special attributes.  With that in mind prices will vary accordingly.

Based on single…

Nanaimo real estate statistics for July 2012

The real estate statistics from July 2012 reflect the following changes in single family home sales.

Nanaimo real estate statistics for single family homes

The Cumulative Residential Average Single Family Sale Price is up by 2% over July…