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Real Estate Market Overview for Nanaimo, September 2015

109 single family homes sold. Avg. price $388,757 (up 7% 12 months to date, this year over last). 4 waterfront homes sold, 7 lots sold & 50 condos sold. Single family unit sales volume is up 19% 12 months to date. Average days on market has decreased by 15% to 42 days. The average condo sells for $257,198. Condo unit sales are up an average of 22% 12 months to date, with apartment-style condos seeing the largest increase in units sold. Condos have seen a 9% decrease in days on market. Average days to sell is 69 days. Lot sales volume is up 7%, 12 months to date. Lot prices have decreased by 1%, 12 months to date. Average lot sale price is $161,751. Most active region: North Nanaimo; Highest average price: North Jinglepot FULL REORT HERE

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