April Nanaimo real estate sales summary

Industry Observer with Chateau Realty

April was the busiest month for sales of single family homes in 2 years. Inversely the single family home price is also at it's lowest in 2 years. The average sale price of a home in Nanaimo is now $334,486. The number of active single family home listings was 578 which is down from the last 2 years. Patio home sales also did very well up 300% (13 versus 3 last year). Condo sales however was down-37%. 17 condos sold in April with 207 listed. Lot sales was also down 25% with just 3 sales.

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