Market Snapshot to April 26 2013
For the week to April 26th there have been reported 38 sales of homes over $100,000.
(The reported sales are for actual dates over the past month but were reported in this period)
25% sold between $174,000 and $257,000
25% sold to $352,000
25% sold to $450,000
25% sold to $1,100,000
There were only 8 sold for more than $450,000
21 (57%) sold for less than the assessed value.
10 (27%) sold for more than 5% higher than the assessed value.
17 of the sales were either new construction or did not show any previous sale on the system.
Of the 21 which had previous sales; 3 had a lower sales price than the previous sale (14%).
The median $/ sq ft was $169.
There were 13 (34%)homes sold for $191/sq ft or greater.
There were no sales on Protection Island.
Summary
Quartile in $000
Date 1 2 3 4 #>$450 %<Assessed %>105%Assessed
4/12 228 285 366 732 7 50 33
4/19 253 275 338 706 2 67 24
4/26 257 352 450 1,100 8 57 27
Date %<last sale Median $/sqft %>$191/sqft Sales on Protection
4/12 39 161 23 0
4/19 32 168 33 0
4/26 14 169 34 0
In Nanaimo for the period March 1, 2013 to March 28, 2013 there were 77 single family homes sold. This is a decrease of 14% from last year’s sales of 90.