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Real Estate Statistics for April 2015

Real Estate Statistics for April 2015

 

 

April 2015

March  2015

April  2014

Nanaimo

   

 

Unit Sales:

148

129

94

Average Sale Price:

$387,469

$408,070

$356,103

 

 

 

 

Parksville / Qualicum

     

Unit Sales:

76

72

65

Average Sale Price:

$429,458

$391,140

$389,903

         

 

Nanaimo home sales increased 57% in April 2015 when compared with April 2014. The average sale price increased 9%. The median house price was $370,000.

Parksville/Qualicum home sales increased 17% in April 2015 when compared with April 2014. The average sale price increased 10%. The median house price was $400,000.

 

Synopsis

 

In Nanaimo for April 2015 there were 452 active listings of single family freehold homes and 290 in Parksville/Qualicum.

 

The graphs below are for Nanaimo and show the average sold numbers and average sold price since January 2012.

 

 The following graph shows the % difference of the housing price index (HPI) from the same month 12 months ago. It is split into the different sub-areas and is for single family homes.

 

 These figures do concentrate on single family homes but if you would like similar information for other property types, such as apartments or patio homes, or specific geographical areas of Nanaimo or Parksville/Qualicum, then I would be more than happy to discuss those with you as well.

 

In summary we can see that:

1- House sales have increased on last year.

2- Average house prices have increased on last year.

3- Interest rates are still very low.

Therefore whether you are looking to buy or sell a home then these 3 points would indicate that now is the time to consider listing or purchasing.

 

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.

 

Thank you

Ian Hodson

Ian Hodson
Telephone: (250) 756-1132
Toll Free: 1-800-377-4374
Fax: (250) 756-1210
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.