Friday, March 26, 2010

Nanaimo House Prices and Canadian House Prices Feb. 2010


Nanaimo Real Estate
Total Nanaimo Home Sales
Increase 31% Over 2009
Prices Up By 14%

Total number of homes sold in Nanaimo for the month of Feb. 2010 numbered 81 which is a 31% increase over the 62 units sold in Feb. 2009.

The average selling prices edged up a total of 14% year to year from $326,301 in 2009 to an average price of $370,747 in Feb. 2010.


Based on average MLS sales summaries for Nanaimo and other Canadian cities for February 2010.



National Average

Feb 10
- $335,655
Feb 09 - $283,881

Victoria BC
Feb 10- $481,246
Feb 09- $442,592


Vancouver BC
Feb 10 - $662,741
Feb 09 - $542,641

Calgary
Feb 10- $389,388
Feb 09 - $370,198


Regina
Feb 10- $263,753
Feb 09 - $232,968

Toronto
Feb 10 - $431,509
Feb 09 - $361,361


Ottawa
Feb 10- $318,894
Feb 09 - $273,991

Nanaimo
Feb 10- $370,747
Feb 09- $326,301

Units Sold

Feb 10 - 81
Feb 09 - 62

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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