December 2009 Sales Data - Nanaimo
In Nanaimo, for the period December 2009 compared to the previous year December 2008, the number of units sold increased 102% from 42 units to 85 units. The number of days to sell a listing decreased 4% from 61 days to 56 days and finally the Average Selling Price/Unit for the 12 months to date December 2008 to December 2009 was down slightly by 4% from $365,444 to $351,286, again, virtually the same as the last 3 months. There is currently a 3.92 month supply of homes on the market, which is a 13% decline from the previous month of November which had a 4.5 month supply of homes. This is based on 85 homes selling in the month of November and an active inventory of 334 homes.