Vancouver Island Real Estate Board (VIREB)MLS Statistics

May 2010 MLS Sales Summary

 

Zone

Unit Sales

 

%

Change

Average Sale Price

 

%Change

 

Median

May 2010

Apr 2010

May 2009

May 2010

Apr 2010

May 2009

Zone 1- Campbell River

42

31

47

-11%

$330,759

$295,831

$280,261

18%

$316,000

Zone 2- Comox Valley

99

84

82

21%

$344,426

$347,448

$327,012

5%

$347,000

Zone 3- Cowichan Valley

78

72

85

-8%

$362,665

$355,036

$343,861

5%

$360,000

Zone 4- Nanaimo

125

123

124

1%

$388,497

$367,805

$341,462

14%

$365,000

Zone 5- Parksville/Qualicum

79

63

68

16%

$408,549

$401,036

$346,113

18%

$385,000

Zone 6- Port Alberni/West

17

22

27

-37%

$234,658

$214,375

$227,830

3%

$218,000

Board Totals

456

410

445

2%

$362,538

$348,524

$323,521

12%

$351,000

Source: Multiple Listing Service (MLS) sales data from the Vancouver Island Real Estate Board.

Median Price: An actual sale at or immediately adjacent to the midpoint in a price group. In the case of an even number of sales, the median is the highest price in the lower half of the price group. If the total number of sales is an odd amount, the midpoint sale is taken to be the median (i.e. 9 sales, sale no. 5 represents the median).

Please note: The Board Totals figures also include: Zone 7-North Island, Zone9-Out of Board Properties, and Zone10-Islands figures which are not listed separately in this table.