Thursday, January 21, 2010

Nanaimo House Prices and Canadian House Prices Dec. 2009

Nanaimo House Sales
Up 102% Over Dec. 08


Nanaimo unit house sales increased by 102% when compared with December 08 with 85 units sold compared with 42 last year.

House prices in the Nanaimo market have edged up slightly by 1% compared with last year but have risen 3.6% when compared with the previous month.

Based on average MLS sales summaries for Nanaimo and other Canadian cities for December 2009.


National Average

Dec 09
- $337,410
Dec 08 - $282,793

Victoria BC
Dec 09 - $522,211
Dec 08 - $444,222

Vancouver BC
Dec 09 - $627,582
Dec 08 - $560,953

Calgary
Dec 09 - $394,300
Dec 08 - $362,557

Regina
Dec 09- $241,644
Dec 08 - $227,818

Toronto
Dec 09 - $411,931
Dec 08 - $361,284

Ottawa
Dec 09 - $311,604
Dec 08 - $272,672

Nanaimo
Dec 09- $373,330
Dec 08- $360,328

Units Sold

Dec 09 - 85
Dec 08 - 42

Remember that these prices provide a broad market trend only and do not necessarily reflect the true market value of real estate. For a proper evaluation of your property you need to consult one of the many professional realtors in Nanaimo.


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