Thursday, August 06, 2009

Nanaimo House Prices July 2009

Nanaimo House Prices
Up 7.5% July vs June 2009

Nanaimo house sales remained brisk in July with 164 units sold compared with 159 in June and up sharply over July of last year when sales were 120 units.

Prices remained only slightly higher this year over last year but have risen 7.5% over June of this year. The average sales price in July 09 was $363,528.00, June 09 was $337.993.00 and July 08 was $363,182.00.

The prices represent average prices only and do not necessarily reflect the value of your property. To assess the fair market value of your home or property you need to contact a real estate professional. Averages however, are good for identifying trends and the trend in Nanaimo is clearly positive.

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