Nanaimo Real Estate Statistics for March 2014

Real Estate Statistics for March 2014

 

 

March 2014

February 2014

March 2013

Nanaimo                    

 

 

 

Unit Sales:     

116

102

76

Average Sale Price: 

$373,640

$365,460

$346,577

 

Nanaimo home sales increased 53% in March 2014 when compared with March  2013. The average sale price increased 8%. The median house price was $370,000.


 

Parksville / Qualicum

 

 

 

Unit Sales:

74

43

43

Average Sale Price:

$394,774

$394,872

$358,890

 

Parksville / Qualicum home sales increased 72% in March  2014 when compared with March  2013. The average sale price increased 10%. The median house price was $346,000.


 

Synopsis:

 

In Nanaimo for the month there were 463 active listings of single family freehold homes and 297 in Parksville/Qualicum. 

The graphs below are for Nanaimo and show the average sold numbers and average sold price since January 2011.

 

 

We are continuing to see improved sales compared with the previous two years which is also helping to keep prices buoyant. This has also meant we are seeing the sell to list price ratio at 97% whereas for the majority of last year it ranged between 94% and 96%. Also during March the average time a home took to sell fell as single family homes that sold had only been listed for an average of 44 days.

Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
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