Real Estate Statistics for October 2012

  

 Real Estate Statistics for October 2012

 

 

October 2012

September 2012

October 2011

Nanaimo                    

 

 

 

Unit Sales:                           

82

72

96

Average Sale Price: 

$336,172.00

$360,913.00

$356,453.00

 

Nanaimo home sales decreased 15% in October 2012 when compared with October 2011. The average sale price decreased 6%. The median house price was $330,500.00.


 

Parksville / Qualicum

 

 

 

Unit Sales:            

39

49

47

Average Sale Price:

$355,965.00

$393,166.00

$366,226.00

 

Parksville / Qualicum home sales decreased 17% in October 2012 when compared with October 2011. The average sale price decreased 3%. The median house price was $360,000.00.


Synopsis:

 

In Nanaimo for October there were 552 active listings (4% less than the same month last year) of single family freehold homes and 367 (8% less than the same month last year) in Parksville/Qualicum. 

 

The graphs below are for Nanaimo and show the average sold numbers and average sold price since January 2009:

 

 

 

 

“The market remains generally stable, albeit with annual unit sales expected to be down about 3% this year,” explained Cameron Muir, Chief Economist with the British Columbia Real Estate Association (BCREA). “A modest increase in home sales is expected next year. However, consumer demand will nevertheless remain relatively muted as bumpy economic growth limits overall sales volume.”

  

…and please remember that if you or any of your friends, relatives or co-workers are looking for a professional realtor to help them buy or sell a home please call my personal cell, 250-739-1228, or drop me an email at ianhodson@royallepage.ca as I am never too busy for your referrals.

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