Property prices for sale in Nanaimo (British Columbia)
The prices in real estate in Nanaimo, in the British Columbia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Nanaimo has remained the same in the last 6 months. In October, the average price per sq.feet was $419. In the following month the price per sq.feet increased to $447. In the following two months the price per sq.feet has barely changed, going from $433 to $425 per sq.feet. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $429 to $405 during February, and March.
Based upon to the price in Nanaimo (cities), this has gone up in the last 6 months. The average price for October is $706,979. During November the price had a slight fall till $652,455. During the following two months (December, January) the average price had a considerable increase of 120 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $871,632 they are 54 % more affordable than the average price for Nanaimo. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $762,102.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $374 / sq.feet, with an average $393 / sq.feet price in Nanaimo. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $461 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $871,632 it is 39 % cheaper than the average price in Nanaimo. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $538,827 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $305 / sq.feet followed by "House" priced at $382 / sq.feet. "Condo" is the most costly type of property with a $472 / sq.feet cost followed by "House" with an average price of $382 / sq.feet.
