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January 2012 MLS® Sales Summary

Unit Sales

Zone 1 - Campbell River    (Jan 2012)     29       (Dec 2011)  25      (Jan 2011)  26     (12% Change)

Zone 2 - Comox Valley                          44                         27                        44     (0% Change)

Zone 3 - Cowichan Valley                      37                         23                         28     (32% Change)   

Zone 4 - Nanaimo                                  62                        57                          55     (13% Change)

Zone 5 - Parksville/Qualicum                  26                         24                         29     (-10% Change)

Zone 6 - Port Alberni/West                     14                         19                         17     (18% Change)

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Board Totals                                       216                       182                        205      (5% Change)

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Average Sale Price               

Zone 1 - Campbell River                    $298,584               $271,220             $293,836      (2% Change)     (Median $275,000)

Zone 2 - Comox Valley                     $345,631               $364,422             $332,534       (4% Change)     (Median $345,000)

Zone 3 - Cowichan Valley                 $350,821               $363,172             $320,752       (9% Change)     (Median $349,000)

Zone 4 - Nanaimo                            $360,799               $332,400              $340,482       (6% Change)     (Median $360,000)

Zone 5 - Parksville/Qualicum             $341,696               $343,292             $386,328       (-12% Change)   (Median $330,000)

Zone 6 - Port Alberni/West                $208,033               $177,179             $200,226       (4% Change)      (Median $327,000)

Board Totals                                   $332,270               $315,239             $321,489       (3% Change)     (Median $327,500)

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 that 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 number 5 represents the median).  Please Note: The Board Totals figures also include: Zone 7- North Island, Zone 9 - Out of Board Properties, and Zone 10- Islands figures which are not listed separately in this table.

Posted: Saturday, February 11, 2012 11:36 AM by Ron Mehan

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