Get a feel for the state of the Nanaimo real estate market. Knowing
what kind of market we are experiencing can help you gauge how long it will
take to sell your home.
As your Nanaimo real estate agent, I
can calculate the absorption rate of homes by price range in the Nanaimo
area. The definition of absorption rates is: the number of weeks it takes
to sell the current inventory at the present rate of sales. The numbers will
change with each month. In the early spring months , the real estate
market can be heavy on listings and light on buyers but should adjust as summer
approaches.