Wednesday, June 02, 2010

Nanaimo House Prices May 2010

Nanaimo Real Estate
Total Nanaimo Home Sales

Increase 1% Over '09

Prices Up By 14%

Total number of homes sold in Nanaimo for the month of May 2010 numbered 125 which is a 1% increase over the 124 units sold in May 2009.

The average selling prices edged up a total of 14% year to year from $341,462 in 2009 to an average price of $388,497 in May 2010.

The prices on Vancouver Island seem to have not been subject to the same swings as other areas of the country. Nanaimo average house prices have now surpassed their peak of $379,291 reached in Nov. 2008.

For more information about Nanaimo House Prices and comparisons use this Nanaimo Info LINK.

Remember this data is based on averages and does not necessarily reflect the true value of your Nanaimo real estate. For an accurate appraisal of the actual market value of your Nanaimo real estate contact one of the many professional realtors serving the Nanaimo real estate market.


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