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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 312 (313, 363, 260, 295) *195 Sold: 242 (225, 208, 209, 238) *153 Sale To Listing Ratio: 78% (72%, 57%, 80%, 81%) *79% Price Changes: 74 (86, 71, 85, 117) *142 Listings that went conditional/pending: 256 (283, 239, 277, 228) *183 Expired/Cancelled/Withdrawn: 44 (59, 48, 107, 92) *83 Total Active Halifax/Dartmouth Inventory: 1,649 (1,632, 1,705, 1,656, 1,683) +2,788 Absorption Rate in weeks: 7 (7, 8, 7, 7) *18 Single Family Home Stats Active Single Family Home: 783 (798, 835, 806, 807) *1,484 Average Single Family Home List Price: $386,533 ($427k,$380k,$398k,$387k) *$352k Average Single Family Home Selling Price: $390,768 ($430k,$390k,$404k,$396k) *$344k Single Family Home Sale to List Ratio This Week: 101% (101%,103%,101%,102%) *98% Median Single Family Home List Price (6 mo): $342,900 ($340k,$340k,$340k,$340k)*$310k Median Single Family Home Sold Price (6 mo):$350,000 ($350k,$349k,$349k,$346k)*$305k Average Days on Market Single Family Home: 38 (28, 29, 42, 29) *58 Condo Stats Active Condos: 151 (162, 162, 147, 159) *184 Average Condo Listing Price: $302,450 ($341k, $310k, $315k, $283k) *$266k Average Condo Selling Price: $301,950 ($332k, $311k, $314k, $284k) *$260k Condo Sale to List Ratio This Week: 99% (97%, 100%, 99%, 101%) 98% Median Condo List Price (6 mo): $269,000 ($270k, $262k, $250k, $260k) *$250k Median Condo Sold Price (6 mo): $270,000 ($270k, $267k, $264k, $260k) *$240k Average Days on Market Condos: 56 (60, 31, 71, 13)*67 Active Vacant Lots: 560 (535, 548, 546, 562) *897 Market Rant A new dilemma has emerged in our market, and it involves the way properties are being held to offer for a few days. I have mentioned in a previous post regarding what I have dubbed ":the golden weekend", which is a strategy to list a home on say Thursday, hold showings from Friday-Sunday, then present any offers on Monday (variations are present here as well, but you get the idea). Because the way the market has changed in the last couple of weeks, there are a few more options for buyers it seems. Lets say a group of 20 buyers looking in the $280-$330k in and around HRM spot a new listing, then another, then another, all holding offers until Sunday, well, because the option is not available to offer on multiple properties (in case they all accept their offer by the buyer), that buyer group will now have to select the property they liked the most in hopes of getting it. It's sort of an "all eggs in one basket" sort of thing, with the only real positive being the hope that the group of 20 has been divided between the properties, increasing the chance of winning the bid. Another action emerging from this market is when a seller decides that they have received the offer they are looking for prior to the presentation day and accept said offer before the deadline, casting out other showings and potential offers before they are given an opportunity to see or offer on the property. Of course, this action gives way to significant disappointment to would be buyers, and it stings that much more because of how complex things are for them at the moment. Either way you slice it, this new market has issued the order of adaptation in quick fashion. 2020's market year has been a whirlwind, and it seems there is still lots left in the tank. Make sure to stop by and stay on top of things by tuning into the blog, and don't hesitate to reach out should you have a question about our market. Thanks for stopping by and stay safe out there! The Weekly Adogtable! Rebel is a ~10 year old male neutered amstaff mix. (~25 kg) He would prefer a home with children 16 years and older. Rebel needs to be the only dog in the home. Rebel is not available for apartments or condos. Rebel is a very sweet older gentleman who is looking for a quiet place he can call home. He came to us as his owner was no longer able to care for him unfortunately. Rebel has won our hearts over with his sweet calm disposition. His favorite pastime is to lounge outside and soak in all that sunshine and fresh air. He is normally very reserved and takes his time through life stopping to smell the roses along the way. However, when you bring some of his favorite toys in the mix, Rebel shows his inner puppy! You can see his eyes light up with excitement as he grabs his toy and runs around like a little puppy. Why not put in an application to meet this distinguished boy today! Rebel is available for adoption from the Dartmouth SPCA. Please use the following link and follow the steps to submit an application and request an appointment: novascotiaspca.ca/adoptionprocess This "cuddly companion" is available through SPCA Nova Scotia, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 313 (363, 260, 295, 343) *212 Sold: 225 (208, 209, 238, 226) *142 Sale To Listing Ratio: 72% (57%, 80%, 81%, 66%) *67% Price Changes: 86 (71, 85, 117, 114) *137 Listings that went conditional/pending: 283 (239, 277, 228, 289) *185 Expired/Cancelled/Withdrawn: 59 (48, 107, 92, 58) *94 Total Active Halifax/Dartmouth Inventory: 1,632 (1,705, 1,656, 1,683, 1,721) +2,934 Absorption Rate in weeks: 7 (8, 7, 7, 7) *18 Single Family Home Stats Active Single Family Home: 798 (835, 806, 807, 827) *1,609 Average Single Family Home List Price: $426,901 ($380k,$398k,$387k,$413k) *$317k Average Single Family Home Selling Price: $430,902 ($390k,$404k,$396k,$415k) *$314k Single Family Home Sale to List Ratio This Week: 101% (103%,101%,102%,101%) *99% Median Single Family Home List Price (6 mo): $339,900 ($340k,$340k,$340k,$340k)*$310k Median Single Family Home Sold Price (6 mo):$350,000 ($349k,$349k,$346,$345k)*$304k Average Days on Market Single Family Home: 28 (29, 42, 29, 34) *58 Condo Stats Active Condos: 162 (162, 147, 159, 162) *199 Average Condo Listing Price: $341,170 ($310k, $315k, $283k, $286) *$228k Average Condo Selling Price: $331,695 ($311k, $314k, $284k, $298k) *$226k Condo Sale to List Ratio This Week: 97% (100%, 99%, 101%, 104%) 99% Median Condo List Price (6 mo): $269,000 ($262k, $250k, $260k, $260k) *$250k Median Condo Sold Price (6 mo): $269,000 ($267k, $264k, $260k, $260k) *$240k Average Days on Market Condos: 60 (31, 71, 13, 8)*61 Active Vacant Lots: 535 (548, 546, 562, 567) *891 Market Rant Well, that was short lived. One week of turnaround activity seems to have us on back our heels, and right back in the grip of the sellers market. Last weeks numbers reported in an oddly optimistic way, one that showed signs that the sellers market had perhaps started to loosen its grip on our city, reporting higher listing numbers and reduced buyer activity, but it was a passing phase. Now, the good news is that we did report an over average amount of new listings for the second week in a row, good right? Unfortunately, those listings were met with surging buyer demand, basically nullifying any hope for an increase in the overall inventory levels. It was a decent drop overall too, with all tracked products feeling the draw. Single family homes had a good week, and I do believe this weeks values have smashed the previous standing with a stellar report of $425k/430k (list/sell). Even at the $400k mark, it would appear there is bidding wars as well, since the average selling prices this week are over the listed prices, so it's safe to say most all products are steeped in the current market. Despite the average price report, the condo 6 month median has finally caught up to the market and reported on list/sell parity, so it's only a matter of time until that exceeds the list price as well. It would seem that we are back to business as 2020 normal this week, but the way things are going anything can happen. Be sure to stay on top of things by checking into the blog, stay safe out there, and thanks for stopping by! The Weekly Adogtable! Rebel is a ~10 year old male neutered amstaff mix. (~25 kg) He would prefer a home with children 16 years and older. Rebel needs to be the only dog in the home. Rebel is not available for apartments or condos. Rebel is a very sweet older gentleman who is looking for a quiet place he can call home. He came to us as his owner was no longer able to care for him unfortunately. Rebel has won our hearts over with his sweet calm disposition. His favorite pastime is to lounge outside and soak in all that sunshine and fresh air. He is normally very reserved and takes his time through life stopping to smell the roses along the way. However, when you bring some of his favorite toys in the mix, Rebel shows his inner puppy! You can see his eyes light up with excitement as he grabs his toy and runs around like a little puppy. Why not put in an application to meet this distinguished boy today! Rebel is available for adoption from the Dartmouth SPCA. Please use the following link and follow the steps to submit an application and request an appointment: novascotiaspca.ca/adoptionprocess This "cuddly companion" is available through SPCA Nova Scotia, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 363 (260, 295, 343, 367) *212 Sold: 208 (209, 238, 226, 270) *142 Sale To Listing Ratio: 57% (80%, 81%, 66%, 63%) *67% Price Changes: 71 (85, 117, 114, 140) *137 Listings that went conditional/pending: 239 (277, 228, 289, 317) *185 Expired/Cancelled/Withdrawn: 48 (107, 92, 58, 60) *94 Total Active Halifax/Dartmouth Inventory: 1,705 (1,656, 1,683, 1,721, 1,741) +2,934 Absorption Rate in weeks: 8 (7, 7, 7, 7) *18 Single Family Home Stats Active Single Family Home: 835 (806, 807, 827, 838) *1,609 Average Single Family Home List Price: $379,527 ($398k,$387k,$413k,$391k) *$317k Average Single Family Home Selling Price: $389,736 ($404k,$396k,$415k,$394k) *$314k Single Family Home Sale to List Ratio This Week: 103% (101%,102%,101%,101%) *99% Median Single Family Home List Price (6 mo): $339,900 ($340k,$340k,$340k,$340k)*$310k Median Single Family Home Sold Price (6 mo):$349,000 ($349k,$346,$345k,$344k)*$304k Average Days on Market Single Family Home: 29 (42, 29, 34, 34) *58 Condo Stats Active Condos: 162 (147, 159, 162, 163) *199 Average Condo Listing Price: $310,346 ($315k, $283k, $286, $268k) *$228k Average Condo Selling Price: $310,738 ($314k, $284k, $298k, $272k) *$226k Condo Sale to List Ratio This Week: 100% (99%, 101%, 104%, 100%) 99% Median Condo List Price (6 mo): $262,400 ($250k, $260k, $260k, $260k) *$250k Median Condo Sold Price (6 mo): $266,750 ($264k, $260k, $260k, $260k) *$240k Average Days on Market Condos: 31 (71, 13, 8, 18)*61 Active Vacant Lots: 548 (546, 562, 567, 568) *891 Market Rant Can we dub this week "return of the sellers" week? In a interesting turn of events, there was a good surge to new listings this week and just an average week of sales, and not by just a little either. The short but mighty week flipped on our usual activity this so far this year, with underwhelming buyer activity and an actual increase to the overall inventory level in all tracked products. Strange given the strength of our market year, and also strange given the time of year since the fall is usually the time when product numbers reduce week to week. Not surprising is the decreased buyer activity since it was Thanksgiving long weekend after all, but surprising was the amount of sellers that decided the holiday weekend was the time to post. Probably just a coincidence, but this market reversal caused a sharp decline in the sales to list ratio, reporting lower than it has in months, and added to the historically low absorption rate finally! The absorption rate has been hovering at the historic low of the 7 week timeframe for over a month, so I will bet that many buyers will be encouraged by the change in events, even if it is just for this week. The holidays do tend to toss in that extra factor, and as much as you consider numbers to be cold and calculating, sometimes the human factor can greatly influence how things report in the real estate industry. Make sure to stay on top of the market if you are planning on listing or buyer soon, and a great way to do that is by checking in to the blog frequently, or contacting me to get moving! Thanks for stopping by, and stay safe out there! The Weekly Adogtable! Hi my name is Tinkerbelle! I’m a senior poodle mix lady sitting at 11 years young and weighing around 12lbs. I came all the way from California and have been looking for my forever family for almost 6 months so I'm very excited! Don’t let my age fool you, I love going for a nice run or a long walk! I can be a super fast runner, and my foster mom thinks I should go to the dog Olympics! 🏃🏼♀️I don’t mind rain or shine and I’m so great walking on leash! When my foster mom takes me on walks, I’m very good with people and saying hi, I’ll let other dogs say hi too, but I’m not interested in socializing with them, and will let them know when they’re too much in my space. I lived with a cat for a few months and snapped at the cat twice, otherwise I was indifferent to her. It does take a bit of time for me to trust you, and might snap at quick movements, or being touched a certain way. Because of this I will be gling to a home with adults only. For example: I like being shown my leash so I know what’s going on before you hook it on. Once I warm up to you though, I’ll come to you looking for pets and really like getting my ears rubbed and my chin scratched! I will let you know when you’re not paying enough attention to me too. I also get the cutest zoomies and I like to hop around, my foster mom thinks I’m so funny! As mentioned before I like going to the lake, I like when my foster mom comes in to her ankles with me so I can waddle around, I don’t think I can really swim though so I stay close to shore but love my time there! I will do my business outside, but sometimes it’s hard to know when I need to go out and may just seem like I want a nice pet. When left alone I can’t hold it and will need to go, but I’ve been doing better lately! When I do my business outside, I know I’ve done good because I get my favourite treats when I come in! I’m so gentle when I’m given any treats or food! I’ve been on the raw food and I’m loving it, and I don’t have any food agression! I do really like to try whatever you’re having too, I like to extend my food palate 💁🏼♀️ I’m also a really great sleeper! I’ll nap throughout the day, especially after some nice exercise, or an adventure to the lake, and will sleep through the night too! 😴 My foster mom isn’t a morning person, so I’ll get up early to go outside, but then we’ll go back to bed so she won’t be so cranky. I sleep on my bed which is on the floor, or on a blanket, or just on the floor (I like having options). I sleep on the floor because I really don’t like to be picked up and I also like having my own space. My foster mom has a ramp for me to get in the car with her when we go for a drive and that works perfectly for me! So to recap I’m looking for my furever home: - That has a lot of patience and love to give me! - That will have me as the only dog ❤ - That has adults only! - That has minimal stairs because again I really don't like to be picked up I’m so so sweet and loving and have the quirkiest personality! I like giving the sweetest kisses to show that I appreciate you too! I’ve been guinea pig tested (when he’s been free roam and in his cage) and I like to make sure he’s doing okay but don’t like to be too social with him. Are you my forever home? My adoption fee is a donation to help save more dogs like me. I am spayed and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt. This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 260 (295, 343, 367, 351) *283 Sold: 209 (238, 226, 270, 221) *158 Sale To Listing Ratio: 80% (81%, 66%, 63%, 63%) *56% Price Changes: 85 (117, 114, 140, 114) *157 Listings that went conditional/pending: 277 (228, 289, 317, 252) *183 Expired/Cancelled/Withdrawn: 107 (92, 58, 60, 46) *85 Total Active Halifax/Dartmouth Inventory: 1,656 (1,683, 1,721, 1,741, 1,771) +2,989 Absorption Rate in weeks: 7 (7, 7, 7, 7) *17 Single Family Home Stats Active Single Family Home: 806 (807, 827, 838, 872) *1,625 Average Single Family Home List Price: $398,132 ($387k,$413k,$391k,$404k) *$353k Average Single Family Home Selling Price: $403,730 ($396k,$415k,$394k,$409k) *$346k Single Family Home Sale to List Ratio This Week: 101% (102%,101%,101%,101%) *98% Median Single Family Home List Price (6 mo): $339,900 ($340k,$340k,$340k,$339k)*$309k Median Single Family Home Sold Price (6 mo):$349,000,($346,$345k,$344k,$342k)*$302k Average Days on Market Single Family Home: 42 (29, 34, 34, 51) *60 Condo Stats Active Condos: 147 (159, 162, 163, 159) *207 Average Condo Listing Price: $314,925 ($283k, $286, $268k, $289k) *$258k Average Condo Selling Price: $313,702 ($284k, $298k, $272k, $289k) *$243k Condo Sale to List Ratio This Week: 99% (101%, 104%, 100%, 100%) 94% Median Condo List Price (6 mo): $259,900 ($260k, $260k, $260k, $270k) *$250k Median Condo Sold Price (6 mo): $263,500 ($260k, $260k, $260k, $270k) *$241k Average Days on Market Condos: 71 (13, 8, 18, 33)*38 Active Vacant Lots: 546 (562, 567, 568, 569) *906 Market Rant Much ado about values! Single family home values continue to impress, with average listing prices hovering around the $400k mark, and selling over their listing price. This is on average, and we all know the big question is how much, which of course is unique to each and every property. Discussing this topic with a few colleagues, the going average seems to be around $20-30k over asking on properties listed around the $300k mark, but that of course can fluctuate significantly given the area and just how much interest the listing received. Still, this buyer pressure continues to be relentless, and because of this, prices are being pushed higher and higher. Just take a look at the six month median selling price of single family homes, which is starting to show the true nature of the post pandemic market. Taking all of the single family median sold listings over a six month duration, you can clearly see that we have now edged to almost $10k over the listing prices. Where if you were to rewind a few short years ago, this median price statistic was exactly opposite. Condo's too have felt this market, just not as significantly as single family homes have. The core must be getting somewhat accustomed to this sustained activity, but the outlying areas that this has poured into seems to be met with surprise still, not only by buyers, but sellers as well. Another week of solid numbers in the books, so stay tuned to see if this holds out, or if indicators start pointing in the opposite direction. Thanks for stopping by, and stay safe out there! The Weekly Adogtable! I'm Zazu. I am a pretty easy going dude. I'm an approx 8 year old male Amstaff mix, and I weigh 55 lbs. I came to NS from Quebec a couple weeks ago and am now ready to start the search for my forever home. I am a very charismatic fella and easily make friends wherever I go. I am great with dogs of all sizes. I've seen a few kitties, one in a home and a few on walks, I just ignore them. I am amazing with kids, however, my love of food sometimes gets the best of me and I'll snatch food right out of their hands, pretty much any chance I get. My foster mom thinks I shouldn't do this but if I do, I could be more gentle, so due to this, she feels kids over 5 would be best. My foster human brother has a battery powered car and 4 wheeler. These scare me a bit and I try to get away from them. I walk pretty well on leash but I'm still working on trying not to pull as much. I am quite active but I'm just as happy curled up on the couch. I am fully house trained and will let you know when it's time for a walk to go do my business. I am highly food motivated and love to be told what a good boy I am. I love car rides. I definitely do not like when my foster mom goes out, (I try to follow her out the door), but having my foster fur brother home with me while she is at work is a big help so I would definitely do best in a home with someone home more than not and a fur sibling to keep me company. I am great being home with just my fur foster brother, as long as food is properly stored. If it's not, remember, it's not my fault, I warned you!! I've never been left completely home alone so not sure if I'd like that. I love to snuggle in bed with my people. I am rarely vocal but if my fur sibling starts, I will probably chime in. I'll tolerate a bath but it's not on my favorite to do list. I love toys so lots of those for me, please. I especially like this tug of war game, how fun!! I get very excited in play and jump around alot so it's probably not ideal to have little ones around during my playtime. I don't want one getting accidentally hurt. I do have a mild allergy, likely to chicken, so I am on a fish based diet. My ideal home would be where I can be part of the fun when it is being had, and equally part of the relaxation time too! I'd love lots of toys, a fur sibling and someone home more than not. I am very social and playful, and have the most amazing sweet, cuddly side of me that makes me the perfectly balanced companion. My adoption fee is a $300 donation to help save more dogs like me. I am neutered, vaccinated, microchipped, and have all my doggy papers to come home to you! Apply to adopt me online at https://www.salcars.ca/adopt This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 295 (343, 367, 351, 322) *243 Sold: 238 (226, 270, 221, 248) *164 Sale To Listing Ratio: 81% (66%, 63%, 63%, 77%) *67% Price Changes: 117 (114, 140, 114, 111) *127 Listings that went conditional/pending: 228 (289, 317, 252, 297) *166 Expired/Cancelled/Withdrawn: 92 (58, 60, 46, 65) *210 Total Active Halifax/Dartmouth Inventory: 1,683 (1,721, 1,741, 1,771, 1,793) +2,981 Absorption Rate in weeks: 7 (7, 7, 7, 7) *17 Single Family Home Stats Active Single Family Home: 807 (827, 838, 872, 904) *1,624 Average Single Family Home List Price: $386,964 ($413k,$391k,$404k,$413k) *$351k Average Single Family Home Selling Price: $395,516 ($415k,$394k,$409k,$413k) *$336k Single Family Home Sale to List Ratio This Week: 102% (101%,101%,101%,99%) *96% Median Single Family Home List Price (6 mo): $339,900 ($340k,$340k,$339k,$338k)*$308k Median Single Family Home Sold Price (6 mo):$345,500 $345k,($344k,$342k,$340k)*$301k Average Days on Market Single Family Home: 29 (34, 34, 51, 48) *68 Condo Stats Active Condos: 159 (162, 163, 159, 153) *199 Average Condo Listing Price: $283,296 ($286, $268k, $289k, $289k) *$300k Average Condo Selling Price: $283,996 ($298k, $272k, $289k, $286k) *$270k Condo Sale to List Ratio This Week: 101% (104%, 100%, 100%, 99%) 90% Median Condo List Price (6 mo): $259,900 ($260k, $260k, $270k, $270k) *$250k Median Condo Sold Price (6 mo): $260,000 ($260k, $260k, $270k, $272k) *$243k Average Days on Market Condos: 13 (8, 18, 33, 30)*78 Active Vacant Lots: 562 (567, 568, 569, 571) *901 Market Rant Is it October already? Not sure if anyone else feels like the beginning of the year was a slow crawl, only to hit warp speed over the Summer to now, but I sure do. My favourite season is here though, and my ideal time to get out to explore all the amazing sites of our province! The Fall season has brought desperate times to buyers however, unlike the various u-picks around the province, market offerings are slim pickings. Almost half of what was on the market last year at this time, and despite that, products are still moving in volume at higher velocity than last year at this time, which is certainly surprising. Although buyer activity was slightly lower this week, is was still much more than last year, which continues to feed the sellers market and put pressure on buyers clambering to grasp onto a piece of the limited selection, True to the season, the inventory across the board continues fall, and should continue to do so until the deepest part of the Winter months, which tends to be right around Christmas. Not the greatest news for people out there looking, but on a positive note, there is usually less competition around this time of year. Given this has been one of the most unique years in recent times however, our market has certainly followed suit in that regard as well, so it's anything but predictable. Keep your eyes to the blog to stay on top of things, thanks for stopping by and stay safe out there! . The Weekly Adogtable! Hi everyone! My name is Hooligan and I am a 60lbs, 2 year young male puppy. I was surrendered from a Humane Society and due to BSL I could not be adopted out there. I am super excited to find my forever home! I don’t quite understand children and their unusual movements and voices, I get excited and want to play with them but I can be a little rough because of my size. My forever home should have kids over 15 or adults only. I have not met any cats so I'm not really sure what I think about them. I have met multiple dogs and I am very reactive to the larger or intact male dogs, smaller female dogs have been ok but I'd rather just have my humans to myself. So I need a forever home who can exercise me away from active dog spaces, I won’t be a daycare or dog park kind of dog. I am working on being muzzle trained because when I was put into a situation with a larger dog I reacted, my family tried to step in to help and I ended up biting them from reacting to the dog. A quiet neighborhood without lots of kids and other pets would be ideal for me. I am also housetrained and crate trained because I may get into a few things if left alone. The neighbors said they don't hear a peep from me when I'm by myself. Oh and I know a bunch of commands! I will sit, stay/wait (even at meal times), shake and lay down. Let's just say I'm very treat motivated! I am reactive on leash particularly to fast moving things, dogs or kids but I'm going to try to keep working on it with my forever family. I have been in the car and am a perfect car ride buddy. I would love to have a fenced yard to run out my zoomies in! Zoomies are often followed by snuggle sessions and I am a complete bed hog at night. I love all things rubber and my favourite treat is pepperoni! Stuff some rubber toys with pepperoni and I'll be in heaven! Are you my forever home?! 💙 My adoption fee is a $400 donation to help save more dogs like me. I am neutered and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 343 (367, 351, 322, 334) *207 Sold: 226 (270, 221, 248, 250) *189 Sale To Listing Ratio: 66% (63%, 63%, 77%, 75%) *91% Price Changes: 114 (140, 114, 111, 116) *124 Listings that went conditional/pending: 289 (317, 252, 297, 274) *187 Expired/Cancelled/Withdrawn: 58 (60, 46, 65, 56) *57 Total Active Halifax/Dartmouth Inventory: 1,721 (1,741, 1,771, 1,793, 1,830) +3,094 Absorption Rate in weeks: 7 (7, 7, 7, 8) *18 Single Family Home Stats Active Single Family Home: 827 (838, 872, 904, 916) *1,685 Average Single Family Home List Price: $412,837 ($391k,$404k,$413k,$402k) *$331k Average Single Family Home Selling Price: $414,491 ($394k,$409k,$413k,$408k) *$324k Single Family Home Sale to List Ratio This Week: 101% (101%,101%,99%,101%) *98% Median Single Family Home List Price (6 mo): $339,900 ($340k,$339k,$338k,$335k)*$309k Median Single Family Home Sold Price (6 mo):$345,000 ($344k,$342k,$340k,$338k)*$302k Average Days on Market Single Family Home: 34 (34, 51, 48, 41) *52 Condo Stats Active Condos: 162 (163, 159, 153, 164) *210 Average Condo Listing Price: $286,204 ($268k, $289k, $289k, $249k$256k Average Condo Selling Price: $297,555 ($272k, $289k, $286k, $257k) *$249k Condo Sale to List Ratio This Week: 104% (100%, 100%, 99%, 101%) 98% Median Condo List Price (6 mo): $259,900 ($260k, $270k, $270k, $270k) *$250k Median Condo Sold Price (6 mo): $260,000 ($260k, $270k, $272k, $270k) *$245k Average Days on Market Condos: 8 (18, 33, 30, 17)*34 Active Vacant Lots: 567 (568, 569, 571, 585) *936 Market Rant Teddy seemed to put a stall on some activity this week, but by no means did it significantly impact the overall weekly report. Sure, we lost a couple days this week to the pending storm, but activity ramped right back up as soon as it had passed. Lots of new (and growing) listings this week met with an almost unfazed group of buyers, as reflected by the conditional/pending stat, so it was almost business as usual despite having a Hurricane turned post tropical storm bear down on us. Values returned to their peaks this week as we enter the first week of the Fall, so only time will tell if we have hit the peak of the season by this time, or not. Any way you slice it, Summer had to have smashed some records in Real Estate this year, it truly has been an incredible market. Still, many await their turn to enter the Atlantic provinces, hoping someday soon the bubble will burst and they can plan their relocation. Until then, many people stand by to send another surge towards our housing market when it does happen, so tracing the impact of that event will prove interesting indeed, In the interim, stay tuned to the blog to stay on top of the current, and ever changing market. Thanks for stopping by, and stay safe out there! The Weekly Adogtable! My name is Macy and I am a 6 year old Rottweiler/mastiff mix girl weighing around 90lbs. I was a local surrender and have been waiting over 4 months to find my forever home so I'm ready! I am good with adults and kids but I can get over excited and knowing my size could easily knock over little ones by accident. I had a cat with me in a home and we did okay but anything quick moving outside I will pull as hard as I can to go see them. I have seen dogs from a distance and will growl and lunge and pull to get to them so I am looking to be the only dog in the home and also make sure my family can handle my strength. I'm good on my leash when no distractions are around but have a hard time focusing when other animals go by. I am learning recall and will answer to my name and come immediately, again without distractions like animals and people. I am very energetic, I just had my ACL fixed and it does not slow me down one bit anymore. Since my recovery, I am getting very close to be able to run and dash with no more cracking coming from my back leg. I can also definitely be a couch potato just as much of a snuggle bug and play once I'm comfortable with someone. I had two incident inside the house while with foster dad but never again. Foster dad will brush my teeth, clip my nails and clean my ear and I just sit there without complaining, other than occasionally pulling my paw back. I am good in the car and I'm learning baths aren't scary either. I don’t really love being left alone but will be fine with it. I don't chew anything I'm not supposed to so don't need to be crated and if I'm being honest I really don't like them. I do not touch tables or counters but will eat whatever you give me. Toys are now fun ! I have learned to play with chew toys, chase balls and play tug. I will answer to sit, down, paw, wait, up and look and will turn on my belly every time I'm laying down to ask for a belly rub. Are you my forever home? My adoption fee is a $350 donation to help save more dogs like me. I am spayed and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt. This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT!
Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 367 (351, 322, 334, 399) *265 Sold: 270 (221, 248, 250, 268) *192 Sale To Listing Ratio: 63% (63%, 77%, 75%, 67%) *72% Price Changes: 140 (114, 111, 116, 123) *132 Listings that went conditional/pending: 317 (252, 297, 274, 294) *208 Expired/Cancelled/Withdrawn: 60 (46, 65, 56, 123) *66 Total Active Halifax/Dartmouth Inventory: 1,741 (1,771, 1,793, 1,830, 1,875) +3,139 Absorption Rate in weeks: 7 (7, 7, 8, 8) *19 Single Family Home Stats Active Single Family Home: 838 (872, 904, 916, 952) *1,716 Average Single Family Home List Price: $391,168 ($404k,$413k,$402k,$376k) *$351k Average Single Family Home Selling Price: $394,344 ($409k,$413k,$408k,$381k) *$342k Single Family Home Sale to List Ratio This Week: 101% (101%,99%,101%,101%) *98% Median Single Family Home List Price (6 mo): $339,900 ($339k,$338k,$335k,$333k)*$309k Median Single Family Home Sold Price (6 mo):$343,500 ($342k,$340k,$338k,$337k)*$303k Average Days on Market Single Family Home: 34 (51, 48, 41, 43) *54 Condo Stats Active Condos: 163 (159, 153, 164, 161) *220 Average Condo Listing Price: $268,274 ($289k, $289k, $249k, $300k) *$275k Average Condo Selling Price: $272,273 ($289k, $286k, $257k, $304k) *$269k Condo Sale to List Ratio This Week: 100% (100%, 99%, 104%, 101%) 98% Median Condo List Price (6 mo): $259,900 ($270k, $270k, $270k, $275k) *$250k Median Condo Sold Price (6 mo): $260,000 ($270k, $272k, $270k, $273k) *$243k Average Days on Market Condos: 18 (33, 30, 17, 22)*46 Active Vacant Lots: 568 (569, 571, 585, 588) *935 Market Rant At first glance, it looks like there may be indications that the market is softening a touch, looking closer, however, you can see that is actually not the case at all. Some of the predicted items did perform as expected, like the continued addition solid new listing numbers and values taking a slight correction, but the waining buyer activity of last week did not carry forward this week since we hit a peak amount of properties under agreement, and sales crushed it too! Average days on market for both tracked products almost seems unreal, reporting in at a measly month from list to sale on average. A few short years ago, those numbers were in the the 100's, with only the last couple years cleaning that up to the short span of the listing/sale cycle we find ourselves in today. Gone however are the factors that caused these delays and extension of market exposure. Almost every listing out there is getting ideal buyer candidates, no homes to sell and ones that want to close yesterday, so quick closings and expedited due diligence timelines are almost expectations at this point. A few short years ago, buyers would take time finding a place, likely offer lower (sometimes much lower) than asking, multiple offers where practically unheard of and over asking price offers? Forget about that kind of thing! One of the big problems we face is the second+ home groups who want to relocate or up/downsize their current accommodations. Sure, they could sell in seconds, but they really have limited options to purchase, just like everyone, but the key difference is the safety of SOBP, or Sale of Buyers Property, condition. This allows a seller who has their home ready to sell an opportunity to comfortably move from one step to the other without total risk of losing the home they have have an offer in on. This was acceptable in a buyers market, since sometimes a home would hit a stall and would look to other options in order to sell, and a domino sell my home / buy a home people could lock a property up and get some time to sell their home. In our current market 2.0 however, this undesirable condition for sellers has become almost extinct. Not only is it an undesirable condition for sellers to accept (most of the time, as they have to sit and wait for their buyers home to sell), the market is moving so quickly, that even if one of the domino groups were able to get a property under agreement with this condition, they would likely find themselves short of their timeline when the sellers opt for their escape clause, leaving the buyers somewhat out. It's risky, and can be accomplished, but it's much harder than a few short years ago. This is also a good reason why new construction has hit record heights this year, the ability to plan the move and have time. That's a topic for another day though! Thanks for stopping by, and stay safe out there! The Weekly Adogtable! Meet Charleigh! No cats, kids or dogs in her home, although she gets along with dogs outside of her home, if proper introductions are done. Charleigh is afraid of loud noises and resource guards her food and toys with other dogs. She is good on leash, and knows her basic commands. She jumps up when she is excited and loves all the adults she has met. She is energetic, playful, and affectionate. She is crate trained and loves to go for car rides! This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 351 (322, 334, 399, 332) *277 Sold: 221 (248, 250, 268, 231) *149 Sale To Listing Ratio: 63% (77%, 75%, 67%, 70%) *54% Price Changes: 114 (111, 116, 123, 80) *121 Listings that went conditional/pending: 252 (297, 274, 294, 249) *168 Expired/Cancelled/Withdrawn: 46 (65, 56, 123, 123) *71 Total Active Halifax/Dartmouth Inventory: 1,771 (1,793, 1,830, 1,875, 1,860) +3,157 Absorption Rate in weeks: 7 (7, 8, 8, 8) *19 Single Family Home Stats Active Single Family Home: 872 (904, 916, 952, 934) *1,751 Average Single Family Home List Price: $403,576 ($413k,$402k,$376k,$387k) *$318k Average Single Family Home Selling Price: $408,535 ($413k,$408k,$381k,$388k) *$312k Single Family Home Sale to List Ratio This Week: 101% (99%,101%,101%,101%) *98% Median Single Family Home List Price (6 mo): $339,000 ($338k,$335k,$333k,$330k)*$308k Median Single Family Home Sold Price (6 mo):$342,000 ($340k,$338k,$337k,$335k)*$302k Average Days on Market Single Family Home: 51 (48, 41, 43, 41) *86 Condo Stats Active Condos: 159 (153, 164, 161, 155) *213 Average Condo Listing Price: $288,574 ($289k, $249k, $300k, $326k) *$285k Average Condo Selling Price: $288,504 ($286k, $257k, $304k, $327k) *$276k Condo Sale to List Ratio This Week: 100% (99%, 104%, 101%, 100%) 97% Median Condo List Price (6 mo): $269,900 ($270k, $270k, $275k, $275k) *$250k Median Condo Sold Price (6 mo): $270,000 ($272k, $270k, $273k, $273k) *$244k Average Days on Market Condos: 33 (30, 17, 22, 31)*68 Active Vacant Lots: 569 (571, 585, 588, 591) *930 Market Rant It's back to school. this week, so now it's time to put my prediction to the test! Right out of the gate we do see some indications that I may be right, but it's hard to judge if it will stick with only one week in the books. If you are wondering what my prediction was, I basically put it out there that back to school would bring a sustained/increased level to the overall inventory, and a slight reduction in buyers, giving a bit of opportunity for the those in need of having to find a home. Although slight, this week was just that, but only time will tell if this was the marker for the turn, or just a slight pause in the action while students settle into their new normal. Another factor in this prediction is the approach the end of Summer, since September usually marks the end of the busy season, but I feel with the way this year has gone, regular annual trend is less of an influence. New listings reported much higher than last year at this time, and slightly better than the average of late, while sales hit a 4 week low (still excellent), and listings put under agreement also reported a similar 4 week low (also, still fantastic numbers). Either way, market activity was down (slightly), so we will need more time to see if it was a slight falloff, a change of the direction, or if correction has begun. Unfortunately for buyers, I believe we have lots of this market left to go, but there may be some more options this upcoming fall season, even if temporarily. Stay tuned to the blog to find out which way we go! Thanks for stopping by, and stay safe out there! The Weekly Adogtable! Meet Odie! No cats, kids, dogs, or apartments for Odie. While Odie has been known to get along with other dogs, he gets overstimulated easily and tries to hump other dogs. Poor Odie was attacked by off leash dogs once, but was non reactive and has not shown any potential post-attack issues. Odie is affectionate, smart, and treat oriented! He has been known to resource guard the couch or the bed, but with structure and patience, he does well. He has been cornered and pushed around in a previous home, so is afraid in these circumstance and will growl to let you know he is frightened. Odie is good on leash, non destructive, and has no separation anxiety. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 322 (334, 399, 332, 295) *286 Sold: 248 (250, 268, 231, 221) *209 Sale To Listing Ratio: 77% (75%, 67%, 70%, 75%) *73% Price Changes: 111 (116, 123, 80, 98)*168 Listings that went conditional/pending: 297 (274, 294, 249, 271) *198 Expired/Cancelled/Withdrawn: 65 (56, 123, 123, 22) *89 Total Active Halifax/Dartmouth Inventory: 1,793 (1,830, 1,875, 1,860, 1,888) +3,216 Absorption Rate in weeks: 7 (8, 8, 8, 8) *17 Single Family Home Stats Active Single Family Home: 904 (916, 952, 934, 961) *1,816 Average Single Family Home List Price: $413,352 ($402k,$376k,$387k,$362k) *$332k Average Single Family Home Selling Price: $412,823 ($408k,$381k,$388k,$366k) *$324k Single Family Home Sale to List Ratio This Week: 99% (101%,101%,101%,101%) *98% Median Single Family Home List Price (6 mo): $337,900 ($335k,$333k,$330k,$330k)*$305k Median Single Family Home Sold Price (6 mo):$340,000($338k,$337k,$335k,$334k)*$302k Average Days on Market Single Family Home: 48 (41, 43, 41, 46) *58 Condo Stats Active Condos: 153 (164, 161, 155, 151, 156) *196 Average Condo Listing Price: $288,757 ($249k, $300k, $326k, $232k, $269k) *$287k Average Condo Selling Price: $286,344 ($257k, $304k, $327k, $233k, $270k) *$278k Condo Sale to List Ratio This Week: 99% (104%, 101%, 100%, 100%, 100%) 97% Median Condo List Price (6 mo): $269,900 ($270k, $275k, $275k, $273k) *$250k Median Condo Sold Price (6 mo): $272,000 ($270k, $273k, $273k, $270k) *$240k Average Days on Market Condos: 30 (17, 22, 31, 24) *60 Active Vacant Lots: 571 (585, 588, 591, 607) *937 Market Rant Dropping like flies! Inventory took a pummelling this week, which fell the stat to almost half of what was on the market at this time last year. Reductions in all tracked products across the board this week, but the status difference is likely due to the surge of properties that received and accepted offers this week, almost 300, which is 100 more products under agreement in a single week from this time last year as well. The feeling is that there are a lot of folks still trying to get into a place period, but there is also several of said buyer pool that would like to settle in before the school year kicks off. Since the Spring market was delayed this year due to the pandemic, it has caused a time delay in the market season as well, so this still feels very much like a vibrant Spring market. In fact, we hit another record this week with a first time event! For the first time since tracking these stats, the absorption rate has hit an all time low of a measly 7 weeks. So strange to say that since I reported there was a record in the same category a short 5 years ago, but it was the highest absorption rate ever reported! Crazy to think how different these two market are and the unique challenges that both possess. The big question here is if Atlantic Canada is now as susceptible to the boom/bust markets of those seen in the larger metropolitan cities like Vancouver, Toronto, Calgary etc, or is the mentality to hold fast regardless of how out of hand things may get? I can't help but think that some of these sale prices will burn some folks if the market turns, but desperate times call for desperate measures, and it seems there are more buyers willing to do whatever it takes to lock down a property regardless of resale or neighbourhood value factors. Very challenging landscape out there at the moment, be sure to stay tuned to the blog to keep informed! Thanks for stopping by, and atay safe out there! The Weekly Adogtable! Hi everyone! My name is Lola and I am a 1 year old blue heeler/border collie mix weighing around 35lbs. I came all the way from Calgary 2 weeks ago and after settling into my foster home I am ready for my next step! I am currently living with cats and we all get along well. I was cautious at first but they all seem nice! I also live with a german shepherd and he is fun! It took me a few days to start playing but now we play all the time. The cat tried to take food from my dish when I was eating one day so I snapped once to tell him I like having my space. I don't mind if my humans are around when I'm eating but if I have something high value then I don't really like to give it up. I need proper/slow introductions to new people so we all get off on a good start. I have a high pitch bark I will probably let out when meeting someone new and can try to lunge because I get anxious meeting them and feel restrained on the leash but if you just stand there and let me come to you I have done well so I hope my forever family will be patient with me and help me continue to learn humans are good! I have not met any kids and because I need proper introductions I will only go to a home with adults. I went to doggy daycare for the first time this week and I was very cautious and reacted to a few dogs coming up to me but after 15 minutes I was a good girl and had a blast meeting dogs of all sizes! I am muzzle trained for both new people and animal introductions. I am fine letting you put it on me but its not my favorite thing to wear. I am also crate trained for when you have to go out because I am still a puppy and like to keep my mouth busy. I bark a few times going back in the crate but settle very quickly. I have the odd accident in the house but as long as I get out every few hours I have been good. I will just stand or sit in the car but I suggest we clip me in because I will try to roam around otherwise. I LOVE water and LOVE my ball when my foster parents play fetch with me. I am a very energetic girl and would play all day if you let me! I am still learning to walk slower on the leash, everything is just so new and exciting I just want to get to the next place as fast as I can! I will let you know if I hear or see something so no apartments for this girl. I am quite the sook when I trust you and if you're sitting down you can bet you will get kisses all over! I also like to get on your lap and roll down, foster mom says I'm quite the character 😇 Are you the perfect home for Lola girl?! My adoption fee is a $400 donation to help save more dogs like me. I am spayed and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt. This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 334 (399, 332, 295, 321) *286 Sold: 250 (268, 231, 221, 258) *209 Sale To Listing Ratio: 75% (67%, 70%, 75%, 80%) *73% Price Changes: 116 (123, 80, 98, 131)*168 Listings that went conditional/pending: 274 (294, 249, 271, 291) *198 Expired/Cancelled/Withdrawn: 56 (123, 123, 22, 59) *89 Total Active Halifax/Dartmouth Inventory: 1,830 (1,875, 1,860, 1,888, 1,908) +3,216 Absorption Rate in weeks: 8 (8, 8, 8, 8) *17 Single Family Home Stats Active Single Family Home: 916 (952, 934, 961, 991) *1,816 Average Single Family Home List Price: $402,005 ($376k,$387k,$362k,$364k) *$332k Average Single Family Home Selling Price: $407,713 ($381k,$388k,$366k,$369k) *$324k Single Family Home Sale to List Ratio This Week: 101% (101%,101%,101%,102%) *98% Median Single Family Home List Price (6 mo): $334,900 ($333k,$330k,$330k,$330k)*$305k Median Single Family Home Sold Price (6 mo):$338,000($337k,$335k,$334k,$333)*$302k Average Days on Market Single Family Home: 41 (43, 41, 46, 38) *58 Condo Stats Active Condos: 164 (161, 155, 151, 156, 157) *196 Average Condo Listing Price: $248,520 ($300k, $326k, $232k, $269k, $312k) *$287k Average Condo Selling Price: $257,412 ($304k, $327k, $233k, $270k, $309k) *$278k Condo Sale to List Ratio This Week: 104% (101%, 100%, 100%, 100%, 99%) 97% Median Condo List Price (6 mo): $269,900 ($275k, $275k, $273k, $273k) *$250k Median Condo Sold Price (6 mo): $270,000 ($273k, $273k, $270k, $270k) *$240k Average Days on Market Condos: 17 (22, 31, 24, 80)*60 Active Vacant Lots: 585 (588, 591, 607, 596) *937 Market Rant Well, that was short lived. After weeks of steady inventory decline, last week finally reported an uptick in the available predicts, only to see it drop again one short week later. Looks like single family homes are the main culprit though, which of course is the most available option in HRM right now (I do use the term "available" loosely, since we all know that is not really the case right now). The sales to list ratio's are finally starting to reflect our market environment at the moment, although, it doesn't really give a complete picture of just how bad it is out there at the moment. I witnessed a listing in Dartmouth sell $100k+ over the asking this week, which was pretty shocking. I have seen listings go over that amount in Halifax, but that's the first time I have ever seen a property in Dartmouth go over $100k. Just a short year ago it was almost unheard of to see listings sell at asking, never mind over asking. Now the question is not IF it will sell at asking price, but how much over the asking price it will sell for. Frequently, the core is seeing the likes of 20-40k over asking respectively, but that average has been climbing rapidly as the Summer wears on, and seeing a couple properties sell $100k over the asking makes you wonder if we have seen the worst of it yet. It's a short trip to the top, but sometimes the fall is even shorter. Keep a weathered eye on the market by tuning into the blog frequently! Thanks for stopping by, and stay safe out there! The Weekly Adogtable! Hello, I’m Cooper! I’m a handsome, 9 year old Lhasa Apso boy. I’m sweet, gentle and very laid back. I weigh around 20lbs. I've been in the rescue for a few months now trying to get my health figured out but I'm finally ready to find my forever! I really enjoy going for walks (and sniffing every tree along the way!). I also LOVE going for drives and I’m very well behaved in the car. I’m housebroken so good news for you! I play with toys occasionally but mostly I’m not too interested in them. I know the commands ‘sit’ and ‘stay’. I like to sleep on beds or on the floor beside a bed. I usually sleep all night and I’m not really an early riser. I’m not destructive at all. I love being in the company of people. I’ve been fine when I’m left alone but feel a little bit anxious when people first leave. I would thrive in a house where I get lots of attention. I love human contact and affection but will let you know when I’ve had enough. I don’t like to be picked up but once I know you very well, I may let you do it. I'm a little scared sometimes when meeting new people and am not always on my best behaviour but once I get comfortable, I'm a delight. While I’ve been with my foster family, I've encountered other dogs and did fine but my foster family thinks I would do best in a home without any high energy pets or kids. I’ve been wonderful with older kids though. I have some vision and hearing difficulties but it doesn’t stop me from being a happy boy! I’m allergic to meat so I eat vegetarian dog food. I LOVE a little bit of rice and cheese mixed in with it sometimes (or as a treat). I am food motivated but have great table manners. I was a bit itchy when I first came to my foster family but they got me some allergy medicine and that helped a lot! I’ve had some symptoms that my vet thinks are related to mild seizures. I have daily medicine for that and it has helped so much. I also get daily eye drops and weekly ear drops to help me feel good. All my medications do add up(approx $200 per month) so I hope my forever family can continue to support me in my needs. I don’t like getting groomed so we’ve had to make some special arrangements to get that done so I can look and feel my very best! Are you my forever home? My adoption fee is a donation to help save more dogs like me. I am neutered and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt. This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over twelve years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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