Housing Market Brisker Than Expected in March Last month, there were 381 sales of single-family homes in the Vancouver Island Real Estate Board (VIREB) area, a 26 percent decrease from one year ago (515) and a 73 percent increase from February 2023 (220). Sales of condo apartments in March 2023 came in at 66, declining […]
QUIET DECEMBER CLOSES OUT THE YEAR NANAIMO, BC – Last month, 200 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 10 percent decrease from one year ago and a drop of 18 percent from November. Sales of condo apartments in December came in at 35, declining by 53 percent year […]
CONTINUING INVENTORY GAINS POSITIVE SIGN FOR NEW YEAR NANAIMO, BC – The November 2022 Real Estate Market Stats show that last month, 244 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, a 30 percent decrease from one year ago and down by two percent from October. There were 54 condo apartment […]
The April 2022 Nanaimo Real Estate and area inventory is inching up but still far from ideal. Inventory in the Vancouver Island Real Estate Board (VIREB) area is slowly inching up but is still far from ideal. Active listings of single-family homes rose by nine per cent from March 2021 and by 60 per cent […]
ADDITIONAL INVENTORY OFFERS LITTLE RELIEF FOR BUYERS February brought additional inventory to the table in the Vancouver Island Real Estate Board (VIREB) area. However, listings are still far below where they need to be to satisfy buyer demand. Active listings of single-family homes were 12 per cent lower last month than the previous February but rose […]
IMPACT OF COVID-19 HITS HOME IN APRIL April 2020 Nanaimo Real Estate Market Stats. The anticipated impact of COVID-19 on VIREB’s housing market became a reality in April, with sales of single-family homes dropping by 54 per cent year over year. Last month, 189 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to […]
Here are the Nanaimo and Area Real Estate Market Stats for March 2020. For an more in depth breakdown of what’s happening in a specific area, contact us at (250) 751-1223 and ask for the Charlie Parker team or email info@nanaimorealestate.com. March 2020 Real Estate Market Stats DEMANDING TIMES BUT REALTORS® ARE UP TO THE TASK […]