Real Estate Statistics for August 2015

With Royal LePage Nanaimo Realty's acquisition of Coast Realty I have a new office address:

4200 Island Highway North, Nanaimo, BC. V9T 1W6 (adjacent to Long Lake.)

 

Telephone and email will remain the same.


Real Estate Statistics for August 2015

 

 

August 2015

July 2015

August 2014

Nanaimo

   

 

Unit Sales:

128

148

103

Average Sale Price:

$389,021

$385,711

$368,679

 

 

 

 

Parksville / Qualicum

     

Unit Sales:

80

99

51

Average Sale Price:

$413,959

$399,305

$380,661

         

 

Nanaimo home sales increased 24% in August 2015 when compared with August 2014. The average sale price increased 6%. The median house price was $367,000.

Parksville/Qualicum home sales increased 57% in August 2015 when compared with August 2014. The average sale price increased 9%. The median house price was $373,000.

 

Synopsis

 

In Nanaimo for August 2015 there were 445 active listings of single family freehold homes and 242 in Parksville/Qualicum.

 

The graphs below are for Nanaimo and show the average sold numbers and average sold price since January 2012.

 

 

The following graph shows the % difference of the housing price index (HPI) from the same month 12 months ago. It is split into the different sub-areas and is for single family homes.

 

 

From the above numbers/graphs you can see that a continued shortage of homes for sale has contributed to a continued increase in sale price and numbers sold when compared to previous years.

 

These figures do concentrate on single family homes but if you would like similar information for other property types, such as apartments or patio homes, or specific geographical areas of Nanaimo or Parksville/Qualicum, then I would be more than happy to discuss those with you as well.

 

As always I hope you find these monthly newsletters informative and if at any time you or any of your friends, relatives or co-workers are looking for a professional realtor to help them buy or sell a home, or just have a real estate question, please call my personal cell, 250-739-1228, or drop me an email.

 

Thank you

Ian Hodson

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