Friday, November 16, 2012

Nanaimo & Canadian Home Prices October 2012



NANAIMO REAL ESTATE October 2012
Total Nanaimo Homes Sold
Decreases 15% Over 2011
Prices Decrease 6%

The month of October 2012 saw 82 homes sold, compared with 72 homes the previous month, and compared with 96 homes sold in October 2011. This represents a 15% decrease when compared with last year.

The average sale price decreased in October 2012 to $336,172.00 compared with $356,453.00 in October 2011. The median Nanaimo house price for October 2012 was $330,500.00.


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

Following sales figures are based on average MLS sales summaries for Nanaimo and other Canadian cities for September 2012.

National Average
October  2012 - $361,516
October  2011 - $361,436
Average Prices For The Month of October

Victoria BC
2012 - $464,360
2011 - $475,742

Vancouver BC
2012 - $736,732
2011 -  $767,225

Calgary
2012 - $418,721
2011 - $398,924

Regina
2012 - $297,688
2011 - $282,313

Toronto
2012 - $503,479
2011 - $478,137
 
Ottawa
2012 - $347,581
2011 - $339,802

Nanaimo Prices 
 2012 $336,172
2011 $356,453

Units Sold
Nanaimo
  201282
   2011 - 96


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.

allvoices

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