Real estate statistics for April 2019

 
 

Did you know that on any given day in Canada, 6,000 women and children are living in an emergency shelter to escape domestic violence? Or that every 6 days in Canada, on average, a woman is killed by her current or former partner? The statistics are frightening but we're committed to doing all we can to change them. 

Join us on Saturday, May 11th at the National Garage Sale for Shelter to find great bargains and help raise funds and awareness to break the cycle of family violence. You can also help support the cause by donating gently used items in advance of our sale. 

The Royal LePage Nanaimo Realty Garage Sale for Shelter will take place at 4200 Island Hwy (our office) from 9am to 12pm.

Donations can be dropped off to the Royal LePage office at 4200 Island Hwy from 10am to 4pm, Monday - Saturday, until Friday, May 10, 2019 (unfortunately we cannot take bedding, clothing, large appliances or large furniture.)

In 2018 the Royal LePage Shelter Foundation raised $2.3 million nationally to help thousands of women and children rebuild their lives after violence. To date the Royal LePage Shelter Foundation has raised $30 million and are the largest public foundation in Canada dedicated exclusively to supporting women's shelters and putting an end to domestic violence. Here, our Nanaimo and Ladysmith office's raised a total of $31,000 in 2018 with every penny going to the Haven Society.




Real Estate Statistics for April 
2019
 
  April 2019 March 2019 April 2018
Nanaimo      
Unit Sales: 104 94 122
Average Sale Price: $586,595 $544,705 $553,352
       
Parksville / Qualicum      
Unit Sales: 71 47 75
Average Sale Price: $662,136 $590,299 $611,880
         
Nanaimo home sales decreased 15% in April 2019 when compared with April 2018. The average sale price increased less then 6%. The median house price was $579,900.

Parksville/Qualicum home sales decreased 5% in April 2019 when compared with April 2018. The average sale price increased 8%. The median house price was $578,000.
 
Synopsis for Nanaimo
 
In Nanaimo for April 2019 there were 343 active listings of single family freehold homes, which is 11% higher then April 2018.
 
The graphs below are for Nanaimo and show the average sold numbers and average sold price since 2015 (single family homes only.)



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.



The following graph shows what is called the absorption rate. This is the time it would take the current homes for sale, to sell, if no new homes were listed, which indicates whether we have a sellers, balanced or buyers market. The 3 rates are based on 1, 6 and 12 months of sales data.

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