The Diver Lake Neighbourhood in Nanaimo

The Diver Lake neighbourhood in Nanaimo is a great, affordable family neighbourhood.  It is centrally located and is close to Beban Park and Country Club Shopping Centre.  There are a number of great parks and walking trails in the neighbourhood.

Housing is in the mid-range for Nanaimo.  The areea has both new homes and more established homes

Please visit my website for a list of homes for sale in the Divers Lake area .

lynn@nanaimohomes4sale.com www.nanaimohomes4sale.com 250-756-1132

Real Estate in Nanaimo - Absorption rates for December 2011

The Nanaimo real estate statistics for December 2011 have been calculated.  One of the key indicators on how the Nanaimo real estate market is doing is the absorption rates.

My numbers came from the latest real estate stats published by VIREB (Vancouver Island Real Estate Board).  Based on the information they have supplied I have calculated the absorption rates for real estate here in Nanaimo.

By tracking these numbers monthly it helps me understand better what type of real estate market Nanaimo is experiencing. In addition these absorption rates assist me in advising my clients on realistic expectations on the length of time it will take to sell their home.

The definition of absorption rates is the number of weeks it takes to sell the current real estate inventory in Nanaimo at the present rate of sales.

The December 2011 absorption rate is slightly higher than it was last month.  In other words it is taking slightly longer to absorb (or sale) the entire inventory currently on the market.

The absorption rate of single family homes in Nanaimo in December 2011 compared with December 2010

December 2011 – 31.55 weeks to sell the inventory that was currently on hand at the end of December.

December 2010 – 27.23 weeks to sell the inventory that was currently on hand at the end of December

From the numbers above you will see that homes in December 2011 were selling at a slower pace than they were at the same time the year before. A declining figure indicates that the inventory is decreasing as more homes are being sold than are coming onto the market. In turn a rising absorption rate indicates that there are more homes coming on the market than there are buyers looking to buy.  The numbers above would indicate that we experienced a slower market in December than the same time last year.

For additional information on absorption rates and other stats on the state of the Nanaimo real estate market please give me a call.

lynn@nanaimohomes4sale.com www.nanaimohomes4sale.com 250-756-1132

Homes for sale in Divers Lake, Nanaimo

Homes in Divers Lake range in price from the mid $200's to the mid $400's on avearge.  Divers Lake is an affordable , central Nanaimo neighbourhood.  Divers Lake is central to shopping and recreation.  There are a number of parks and walking trails in the area. 

If you would be interested in a current list of homes for sale in Divers Lake, please contact me.

lynn@nanaimohomes4sale.com www.nanaimohomes4sale.com 250-756-1132

To Pre-Qualify for this Diver Lake Home in Nanaimo BC, call Gordon Halkett with ReaList Realty. Nanaimo British Columbia Realtor Gordon Halkett with ReaList Realty will provide the advice necessary for you to obtain financing, write and negotiate an offer as well as oversee all of the details, when you are considering a move, especially to Diver Lake Nanaimo BC,  where there are a lot of different choices, talk to your realtor, Gordon Halkett with ReaList Realty. Find out which Diver Lake Nanaimo BC home is right for you.  

You don't want to base your entire moving decision for this Diver Lake Nanaimo BC home on area, but you will want to consider it so you don't end up with a unexpected surprise when you get settled into your new place. 

Please consider having questions ready for your realtor,  Gordon Halkett with ReaList Realty on what is important to you about buying a home near Diver Lake Nanaimo BC. To view this Diver Lake Nanaimo BC home, please click the link below or call the realtor  Gordon Halkett with ReaList Realty. 

To Pre-Qualify for this Diver Lake Home in Nanaimo BC, call Gordon Halkett with ReaList Realty. Nanaimo British Columbia Realtor Gordon Halkett with ReaList Realty will provide the advice necessary for you to obtain financing, write and negotiate an offer as well as oversee all of the details, when you are considering a move, especially to Diver Lake Nanaimo BC,  where there are a lot of different choices, talk to your realtor, Gordon Halkett with ReaList Realty. Find out which Diver Lake Nanaimo BC home is right for you.  

You don't want to base your entire moving decision for this Diver Lake Nanaimo BC home on area, but you will want to consider it so you don't end up with a unexpected surprise when you get settled into your new place. 

Please consider having questions ready for your realtor,  Gordon Halkett with ReaList Realty on what is important to you about buying a home near Diver Lake Nanaimo BC. To view this Diver Lake Nanaimo BC home, please click the link below or call the realtor  Gordon Halkett with ReaList Realty. 

Charming Central Nanaimo mobile in Dogwood Mobile Home Park. This 784 sqft mobile offers 2 good size bedrooms, one full bath, large living room and open kitchen with nook. The home wheelchair accessible with a covered carport and patio which leads to a storage shed outside. Clean, well kept mobile in a clean and well kept park. Senior oriented and one small pet allowed upon approval. Quick possession possible.