|Welcome to the monthly real estate statistics newsletter.
This will be the last market report of 2023 as the December and annual numbers will be sent out in mid January. So as we approach the end of the year we would like to wish you all health and happiness and all the best for 2024.
Real Estate Statistics
Synopsis for Nanaimo
The graphs below show the median sold price, sold numbers and number of new listings since the beginning of each year (freehold homes, townhouses and apartments.)
Median Sold Price - freehold homes:
Median Sold Price - townhouses:
Median Sold Price - apartments:
Sold Numbers - freehold homes:
Sold numbers - townhouses:
Sold numbers - apartments:
Number of new listings - freehold homes:
Number of new listings - townhouses:
Number of new listings - apartments:
The following graphs shows the % difference of the housing price index (HPI) from the same month 6 and 12 months ago. It is split into the different sub-areas (the overall figure for Nanaimo is on the left of the graphs.)
The following graphs are for Nanaimo and show the sales numbers against total active listings. This is helpful to show how the market is doing as the closer the 2 lines come together on each graph generally indicates a busy active market.
The following graph is for Nanaimo and shows the months of inventory. This is the time it would take the current homes for sale, to sell, if no new homes were listed, which indicates whether we have a sellers, balanced or buyers’ market.
As always I hope you find these monthly newsletters informative and if at any time you or any of your friends, relatives or co-workers are looking for a professional realtor to help them buy or sell a home, or just have a real estate question, please call my personal cell, 250-739-1228, or drop me an email.