Nanaimo Real Estate Statistics for September 2013

           

Nanaimo Real Estate Statistics for September2013

 

 

September 2013

August 2013

September 2012

Nanaimo                    

 

 

 

Unit Sales:     

113

110

72

Average Sale Price: 

$341,604

$362,934

$360,913

 

Nanaimo home sales increased 57% in September 2013 when compared with September 2012. The average sale price decreased 5%. The median house price was $329,900.


 

Parksville / Qualicum

 

 

 

Unit Sales:

                     62

57

49

Average Sale Price:

$384,717

$404,998

$393,166

 

Parksville / Qualicum home sales increased 27% in September 2013 when compared with September 2012. The average sale price decreased 2%. The median house price was $354,900.


Synopsis:

 

In Nanaimo for September there were 504 active listings of single family freehold homes and 356 in Parksville/Qualicum. 

 

The number of active listings of single family homes has continued to decline although sales of homes has remained relatively consistent since April and on average we are seeing more sales this year than in 2012. The average sale price is lower for September but this is only the third month this year where it has dropped below $350,000 and if you average it out over the whole year to date it is currently just over $350,000 (the average sale price of a single family home for the whole of 2012 was $353,408.)

 

Over the last few years, with there being a large inventory of listings and fewer buyers, we have experienced a ‘buyers market’ but with inventory levels falling and sales remaining healthy we are starting to see more of a balanced market. Therefore if you are considering selling now would be a good time to discuss your options.

 

…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, or just have a real estate question, please call my personal cell, 250-739-1228, or drop me an email at ian@ianhodson.ca

 

Thank you

Ian Hodson

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