Nanaimo real estate statistics
VIREB recently released the Nanaimo real estate statistics from February 2011.
The market appears to be more of a balanced market in comparison to the fall market.
The Cumulative Residential Average Single Family Sale Price is in line with sale prices from March 2009.
The following are the market changes for Feb. 2011 compared with Feb. 2010
- There were 10% more units listed this Feb. compared to Feb. 2010.
- 29% fewer units were sold this Feb. compared to Feb. 2010
- The average sale price per unit was 40% higher this Feb. compared to Feb. 2010
- The average days to sell this Feb. were 81 days compared with Feb 2010 which was 112 days.
For additional information regarding the Nanaimo Real Estate Market please contact me.
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