Vancouver Island Real Estate Board
P.O. Box 719, 6374 Metral Drive, Nanaimo, B.C. V9R 5M2. 
Tel: (250)  390-4212, Fx: (250) 390-5014. vireb@vireb.com

2006 Annual MLS® Sales Summary

NANAIMO, January 3rd, 2007. Presented in chart form below, are the annual single-family residential units sales, average sale prices and median price information for all zones within the Board.

 
UNIT SALES
AVERAGE SALE PRICE
Median Price
2006
 ZONE  
2006

2005
%
Change

2006

2005
%
Change
 Campbell River 641 615 4%
255,947  210,259
21%
247,000
 Comox Valley 972
1,012
-3%
278,803
236,325
17%
273,000
 Duncan 995
1,011
-1%
284,238
242,005
17%
282,000
 Nanaimo 1,547
1,781
-13%
288,880
253,038
14%
281,500
 Parksville/Qualicum 747
929
-19%
313,707
273,392
14%
305,000
 Port Alberni 415 457
-9%
183,963 146,376
25%
171,000
 **BOARD TOTALS 5,584
6,098
-8%
274,699 235,648
16%
- -
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 no. 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.

Copies of archived Statistics are available at our website. Go to  http://www.vireb.com/, and choose MLS® Statistics.  You are encouraged to contact any of the following Directors of the Vancouver Island Real Estate Board to obtain local comments:

Campbell River:
Karol Power......286-3293
(Nanaimo cont'd)
 

     Subhadra Ghose......751-1223



......................(Vice-President)
 
 
      Jennifer Lynch........247-2088
Comox Valley:
Martyn Douglas...897-3999
       .........................(President)
 
Ray Francis ......897-3999
 Parksville-Qualicum:
 


    Ian Dewar............248-4321
Duncan: Darrel Paysen.....748-5000
   Jim Hoffman..........248-8371

  ................(Past President)        
     Cliff Moberg......748-5000  
    
 Port Alberni:      Lyle Price..........723-5666
Nanaimo:    Dave Thompson..751-1223
     

   Jim Stewart........758-7653  

The Vancouver Island Real Estate Board is an association of REALTORS committed to providing its members with the structure and services to ensure a high standard of business practice and ethics, and to effectively serve the real estate needs of the community.

Properties may be searched on the Internet through http://www.mls.ca/. This information is usually updated each business day.

VIREB cautions that average price information can be useful in establishing trends over time, but does not indicate the actual prices in centers comprised of widely divergent neighborhoods or account for price differential between geographic areas.