Category Archives: Market Updates

These are Market Statistic updates for the Nanaimo and Cowichan Valley Regions. Lorne Gait — realtor with Coast Realty Group — focusses on Ladysmith Real Estate but is familiar with the larger region and helps Buyers and Sellers from Mill Bay through Nanoose Bay.

Hot off the press . . . Lorne Gait’s Ladysmith 2015 Real Estate Market Forecast

Ladysmith Real Estate Expert — Lorne Gait talks about the Market for 2015

The Vancouver Island Real Estate Board December 2014 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  These stats take into consideration the Real Estate Market through the end of December.   But a year end gives us all a great opportunity for to consider the Ladysmith 2015 Real Estate Market Forecast.

First, Let’s consider the past stats.  In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

Nanaimo Real Estate Statistics for 2014

Ladysmith Real Estate Statistics for 2014

Lorne’s take on things  moving forward . . . .  IN WRITING

A Happy New Year to you.  Can you believe it?  It is already January 2015.    It is a great time to plan ahead to consider our real estate goals for this New Year.  Looking at the Graph stats above, the Market is clearly headed upward.  There is the same or a bit less supply in most categories of the market.  There are more Buyers for sure.  It will be a good time to sell for those who want to more forward with other things.  It will be a good time to buy for those who want an investment that is on the way up.

Lorne’s take on things moving forward  . . . IN VIDEO


If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press . . . Ladysmith Real Estate Statistics (To October 2014)

Ladysmith Real Estate Expert — Lorne Gait talks about the Market

The Vancouver Island Real Estate Board October 2014 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  These stats take into consideration the Real Estate Market through the end of October. Lorne Gait — a realtor serving the broader regions but focusing on Ladysmith Real Estate — shares his view of things.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

10-oct_14_cowichan_valley_graphstats 10-

oct_14_nanaimo_graphstats

Lorne’s Take on Things . . . .

Can you believe it?  is already mid November.   Soon we will be in 2015.  It is a great time to plan ahead to consider our real estate goals for the coming year.  Looking at the Graph stats above, the Market is clearly headed upward.  There is a bit less supply in most categories of the market.  There are more Buyers for sure.  It will be a good time to sell for those who want to more forward with other things.  It will be a good time to buy for those who want an investment that is on the way up.   Preparing for 2015 . . . this is a great time for a fresh market analysis.

If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press . . . Ladysmith Real Estate Statistics for 2013 third quarter

Ladysmith Realtor Lorne Gait’s 2013 Third Quarter Market Update

The Vancouver Island Real Estate Board September 2013 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  These stats consider the Real Estate Market through the end of September.

The Stats themselves

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

Nanaimo Real Estate Stats

Cowichan Valley Region Real Estate Stats

The Real Estate Board News Release

Check out the Vancouver Island Real Estate Board’s own analysis of the Third Quarter results. VIREB NEWS RELEASE

Lorne’s Take on Things . . .

Mid Vancouver Island is a great place to live. We are in a balanced market. It is an great time to Buy. It is an ok time to Sell. As a resident of the area, I’ll be willing to work with you to accomplish your real estate goals.

If you need help, let’s get in touch.  I can help you find answers.  My phone is 1-250-245-0545.  My email is lorne [at] lornegait [dot] com.

Ladysmith Real Estate Statistics for December 2012 and 2013 Market Forcast

The Vancouver Island Real Estate Board December 2012 stats are now published for the Cowichan Valley, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  Lorne Gait — a realtor serving the broader regions but focusing on Ladysmith Real Estate — shares his view of things with a focus on 2012 as a year in review and on the 2013 market forecast.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

December 2012 Cowichan Stats

December 2012 Nanaimo Stats

Lorne’s Take on Things

Now we are deep into the Winter Real Estate Season and we are moving rapidly toward the Spring 2013 Real Estate Market. I believe we will have a good spring and that sharply priced listings will sell. The Market is tilted toward being a Buyer’s market. Prices have been in moderate decline during the last part of 2012. A new level of pricing will achieve results this Spring. It remains a great time to Buy a home. It is also a great time to sell and then to buy in the same market. If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press . . . Ladysmith Real Estate Statistics for (November 2012)

The Vancouver Island Real Estate Board November 2012 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  These stats take into consideration the Real Estate Market through the end of October. Lorne Gait — a realtor serving the broader regions but focusing on Ladysmith Real Estate — shares his view of things.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

10-oct_12_nanaimo_graphstats

10-oct_12_cowichan_valley_graphstats

Lorne’s Take on Things

Now we are now deep into the fall season of the year.  We are now headed into what would be considered the slower time of the year. Since summer the market is continuing to decline. That pattern will likely continue through to Spring. The best way to describe the market is that it is level slightly declining–not plummeting. It remains a great time to Buy a home. It is an ok time to sell a home.  If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press . . . Ladysmith Real Estate Statistics for (September 2012)

The Vancouver Island Real Estate Board September 2012 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  Lorne Gait — a realtor serving the broader regions but focusing on Ladysmith Real Estate — shares his view of things.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

September 2012 Cowichan Valley Statistics

September 2012 Nanaimo Real Estate Statistics

Lorne’s Take on Things

Now we are into a beautiful fall season.  Usually sales improve this time of year through till December. The market is level slightly declining. It is not doom and gloom. It is level slightly declining–not plummeting. It remains a great time to Buy a home. It is an ok time to sell a home.  If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press . . . Ladysmith Real Estate Statistics for (July 2012)

The Vancouver Island Real Estate Board July 2012 stats are now published for the Cowichan Valley Real Estate Region, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.  Lorne Gait — a realtor serving the broader regions but focusing on Ladysmith Real Estate — shares his view of things.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

July 2012 Cowichan Valley Real Estate Statistics

July 2012 Nanaimo Real Estate Statistics

Lorne’s Take on Things

Now we are in the dog days of summer.  Sales are poised to improve as we head into fall. The market has been level slightly declining. It certainly is not doom and gloom.  We live in a great place and we have a stable real estate market.  It is a fantastic time to Buy Real Estate investments.  It is an OK time to sell Real Estate investments.  If you need help, Please let Lorne–a Ladysmith Real Estate expert help you find answers at lorne [at] lornegait [dot] com

Hot off the press — Real Estate Stats – Cowichan Valley & Nanaimo (June 2012)

The Vancouver Island Real Estate Board June 2012 stats are now published for the Cowichan Valley District, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

Lorne’s Take on Things

Summer is upon us.   Sales are slowing as is normal for the season after a good spring. The market is level slightly declining. It certainly is not doom and gloom.  We live in a great place and we have a stable real estate market.  It is a fantastic time to Buy Real Estate investments.  Some would even say the market is tilting toward being a Buyer’s market. However, it is clear from the stats that if Sellers price correctly, they will sell. Please let Lorne know you have questions at lorne [at] lornegait [dot] com

Hot off the press — Real Estate Stats – Cowichan Valley & Nanaimo (Apr 2012)

The Vancouver Island Real Estate Board April 2012 stats are now published for the Cowichan Valley District, which includes Ladysmith, Saltair and Chemainus. Also available are the stats for the Nanaimo region, which includes Cedar.

In these 2 reports, you can see:

  • Cumulative Residential Average Single Family Sale Price
  • Single Family Units Reported Sold
  • Comparative Activity by Property Type
  • MLS® Single Family Sales Analysis
  • Cowichan Valley – Single Family Sales by Subarea
  • Nanaimo – Single Family Sales by Subarea
  • Gabriola Island

Download the 2 reports:

Lorne’s Take on Things

Definitely Spring is here.   Sales are picking up in most categories after a slow start to Spring.  It certainly is not doom and gloom.  We live in a great place and we have a stable real estate market.  It is a fantastic time to Buy Real Estate investments.  It is an OK time to Sell. Please let Lorne know you have questions