Vancouver Island Real Estate Board (VIREB)MLS Statistics

January 2010 MLS Sales Summary

Vancouver Island Real Estate Board
6374 Metral Drive, Nanaimo BC V9T 2L8
250-390-4212 or email vireb@vireb.com


NANAIMO, February 1, 2010. Presented in chart form below, are the single-family residential units sales, average sale prices and median price information for all zones within the Board.

January 2010 MLS Sales Summary

 

Zone

Unit Sales

 

%

Change

Average Sale Price

 

%

Change

 

Median

Jan

2010

Dec

2009

Jan

2009

Jan 2010

Dec 2009

 

Jan 2009

Zone 1- Campbell River

20

42

13

54%

$288,541

$296,304

$263,758

9%

$298,000

Zone 2- Comox Valley

39

43

14

179%

$323,860

$339,584

$304,114

6%

$329,900

Zone 3- Cowichan Valley

51

57

18

183%

$379,489

$387,190

$357,232

6%

$360,000

Zone 4- Nanaimo

63

85

37

70%

$363,093

$373,330

$348,390

4%

$349,900

Zone 5- Parksville/Qualicum

29

29

13

123%

$346,207

$387,388

$376,146

-8%

$330,000

Zone 6- Port Alberni/West

12

22

13

-8%

$253,575

$223,439

$215,692

18%

$212,000

Board Totals

225

298

114

97%

$339,327

$341,974

$321,425

6%

$339,900

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.