May 2009 Sales Data - Nanaimo
In Nanaimo, for the period May 2009 compared to the previous year May 2008, the number of units sold decreased 12% from 141 units to 124 units. The number of days to sell a listing increased 39% from 42 days to 58 days and finally the Average Selling Price/Unit for the 12 months to date May 2008 to May 2009 was relatively unchanged from $357,895 to $356,623. There is currently a 5 month supply of homes on the market, which equals the previous month of April which also had a 5 month supply homes. This is based on 124 homes selling in the month of May and an active inventory of 631 homes currently.
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