Nanaimo Homes

Vancouver Island Real Estate Board
6374 Metral Drive, Nanaimo B.C. V9T 2L8
250-390-4212 or email vireb@vireb.com
March 2008 MLS® Sales Summary
NANAIMO, April 1, 2008..

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.

	UNIT SALES			AVERAGE SALE PRICE			% Change	*MEDIAN PRICE
ZONE	Mar 2008	Feb 2008	Mar 2007	Mar 2008	Feb 2008	Mar 2007	% Change
Campbell River	46	36	67	331,280	310,722	281,294	18%	316,000
Comox Valley	53	76	91	336,931	332,845	309,264	9%	319,000
Cowichan Valley	73	53	91	336,931	332,845	309,264	15%	370,000
Nanaimo	116	117	139	343,324	370,863	330,806	4%	335,000
Parksville/Qualicum	42	38	65	367,761	421,566	356,583	3%	350,000
Port Alberni/West Coast	35	32	33	233,053	221,578	207,239	12%	219,000
**BOARD TOTALS	383	369	511	338,846	346,795	313,560	8%	--
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). 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 Directors of the Vancouver Island Real Estate Board to obtain local comments.

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.