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Halifax (HRM) Residential Statistic Update for the Week of April 11th-18th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 359 (363, 408, 291, 260) *378 Sold: 232 (168, 147, 155, 139) *121 Sale To Listing Ratio: 64% (46%, 36%, 53%, 55%) *32% Price Changes: 135 (141, 143, 105, 69) *143 Listings that went conditional/pending: 250 (246, 214, 190, 161) *163 Expired/Cancelled: 73 (54, 161, 67, 75, 61) *179 Total Active Halifax/Dartmouth Inventory: 3,233 (3,221, 3,204, 3,181, 3,147) +3,904 Absorption Rate in weeks: 18 (21, 22, 23, 24) *32 Single Family Home Stats Active Single Family Home: 1,798 (1,802, 1,780, 1,720, 1,688) *2,211 Average Single Family Home List Price: $322,508 ($328k,$366k,$381k,$365k) *$342k Average Single Family Home Selling Price: $315,547 ($337k,$356k,$370k,$258k) *$333k Single Family Home Sale to List Ratio This Week: 98% (103%, 97%,98%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$290k,$290k)*$280k Median Single Family Home Sold Price (6 mo):$283,650 ($285k,$284k,$280k)*$272k Average Days on Market Single Family Home: 60 (54, 71, 62, 68) *82 Condo Stats Active Condos: 252 (251, 248, 255, 254) *370 Average Condo Listing Price: $250,781 ($319k, $314k, $252k, $237k) *$290k Average Condo Selling Price: $241,631 ($323k, $304k, $246k, $228k) *$281k Condo Sale to List Ratio This Week: 96% (101%, 97%, 97%, 96%) 97% Median Condo List Price (6 mo): $249,900 ($248k, $248k, $240k, $239k) *$239k Median Condo Sold Price (6 mo): $245,000 ($241k, $241k, $232k, $230k) *$232k Average Days on Market Condos: 69 (76, 60, 82, 54) *167 Active Vacant Lots: 926 (927, 923, 948, 938) *979 Market Rant Just look at all that inventory.... if only there was font for sarcasm haha. We should be shooting straight up as we ascend the inventory ladder right now, but it seems the market has a different idea. Now, there was a marginal gain this week, but definitely not the increases that we are used to seeing week to week around this time of year. It is also certainly against the grain for single family home numbers to take a slide around this time, but here we are. What we are used to seeing, however, is strong sales. This week was no exception and has the strongest performance of the year so far with a whopping 232 sales, which also crested the April norm as well. Looks like we have more of that on way though, with a solid 250 properties that received and accepted offers this week. All of that, and we aren't even in the peak of the season yet! The incredible thing this week is the absorption rate, which dropped another 3 weeks off the top. Coming close to half of what it was at this time last year, which is an incredible event for the Halifax market. Exciting times indeed! Stay tuned to the blog to stay up to date, and thank for stopping by! The Weekly Adogtable! Sweet Annie is a bit timid at first but it only takes her a minute to warm up and she becomes a silly, playful goofball. When left alone Annie has been known to eat things that upset her belly. To be specific, socks! Annie required surgery to remove a sock she had ingested so her new home would need to be mindful of what they leave lying around. Poor Annie was quite sick but would likely make the same mistake again if given the opportunity. Crate training would be recommended to keep her and your belongings safe. Annie would love to go to a home with children no younger than 12 years of age and no other dogs. This "cuddly companion" is available through the Nova Scotia SPCA, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of April 4th-11th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 363 (408, 291, 260, 251) *378 Sold: 168 (147, 155, 139, 146) *121 Sale To Listing Ratio: 46% (36%, 53%, 55%, 58%) *32% Price Changes: 141 (143, 105, 69, 101) *143 Listings that went conditional/pending: 246 (214, 190, 161, 169) *163 Expired/Cancelled: 54 (161, 67, 75, 61) *179 Total Active Halifax/Dartmouth Inventory: 3,221 (3,204, 3,181, 3,147, 3,160) +3,904 Absorption Rate in weeks: 21 (22, 23, 24, 25) *32 Single Family Home Stats Active Single Family Home: 1,802 (1,780, 1,720, 1,688, 1,700) *2,211 Average Single Family Home List Price: $327,564 ($366k,$381k,$365k,$337k) *$342k Average Single Family Home Selling Price: $336,831 ($356k,$370k,$258k,$330k) *$333k Single Family Home Sale to List Ratio This Week: 103% (97%, 97%,98%, 98%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$290k,$290k,$289k)*$280k Median Single Family Home Sold Price (6 mo):$284,700 ($284k,$284k,$280k,$280k)*$272k Average Days on Market Single Family Home: 54 (71, 62, 68, 55) *82 Condo Stats Active Condos: 251 (248, 255, 254, 260) *370 Average Condo Listing Price: $319,305 ($314k, $252k, $237k, $295k) *$290k Average Condo Selling Price: $322,483 ($304k, $246k, $228k, $285k) *$281k Condo Sale to List Ratio This Week: 101% (97%, 97%, 96%, 97%) 97% Median Condo List Price (6 mo): $248,250 ($248k, $240k, $239k, $240k) *$239k Median Condo Sold Price (6 mo): $241,000 ($241k, $232k, $230k, $232k) *$232k Average Days on Market Condos: 76 (60, 82, 54, 51) *167 Active Vacant Lots: 918 (923, 948, 938, 939) *979 Market Rant Bit of a strange one this week. Marginal inventory gain overall, but a couple products reduced this week scuffing the overall report. Not a huge dump of inventory to the market this week either, but buyer activity was in full force again with an above average showing of listings that turned from active to pending. Not a ton of expiries or cancelled listings this week either, and how you can blame them? I know that if I was selling in this market I would hold out too! Chances of selling are quite good right now anyways, and pretty much guaranteed in certain areas of the city, so it's no wonder that there wasn't too many listings dropping from the market in that fashion. I'm sure there's a few properties that made this an issue, but there is now statistics reflecting the above asking prices rampant in certain areas. Other factors, like additions to a new construction base price can sway this as well, but this is the first time I have seen the average sales prices flipped. The median value did the same this week (7 days back) at $290k and $294. So yeah, a bit of a mixed bag this week. Looks like it's going to be a Spring to remember! Stay tuned to stay on top of things, and thanks for stopping by! The Weekly Adogtable! Ginger is an ~8 year old spayed female amstaff , bull mastiff mix. She would prefer a home with children 14 years and older. Obedience is optional for her new owner(s). I want you to provide me with lots of love and a new place to call my own and I will spice up yo life! Ginger is a sweet girl who loves to lay at your feet and get belly rubs. She has spent a bit too much time perfecting this trick and now needs to learn a new one that will help her loose some weight. If you would like to help Ginger shed a few pounds, please come take her for a walk! This "cuddly companion" is available through the Nova Scotia SPCA, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of March 28th-April 4th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 408 (291, 260, 251, 330) *378 Sold: 147 (155, 139, 146, 126) *121 Sale To Listing Ratio: 36% (53%, 55%, 58%, 38%) *32% Price Changes: 143 (105, 69, 101, 100) *143 Listings that went conditional/pending: 214 (190, 161, 169, 165) *163 Expired/Cancelled: 161 (67, 75, 61, 102) *179 Total Active Halifax/Dartmouth Inventory: 3,204 (3,181, 3,147, 3,160, 3,150) +3,904 Absorption Rate in weeks: 22 (23, 24, 25, 26) *32 Single Family Home Stats Active Single Family Home: 1,780 (1,720, 1,688, 1,700, 1,674) *2,211 Average Single Family Home List Price: $366,000 ($381k,$365k,$337k,$344k) *$342k Average Single Family Home Selling Price: $356,442 ($370k,$258k,$330k,$337k) *$333k Single Family Home Sale to List Ratio This Week: 97% (97%,98%, 98%, 98%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$290k,$289k,$290k)*$280k Median Single Family Home Sold Price (6 mo):$284,000 ($284k,$280k,$280k,$280k)*$272k Average Days on Market Single Family Home: 71 (62, 68, 55, 78) *82 Condo Stats Active Condos: 248 (255, 254, 260, 298) *370 Average Condo Listing Price: $313,937 ($252k, $237k, $295k, $226k) *$290k Average Condo Selling Price: $304,359 ($246k, $228k, $285k, $215k) *$281k Condo Sale to List Ratio This Week: 97% (97%, 96%, 97%, 95%) 97% Median Condo List Price (6 mo): $248,250 ($240k, $239k, $240k, $240k) *$239k Median Condo Sold Price (6 mo): $241,000 ($232k, $230k, $232k, $230k) *$232k Average Days on Market Condos: 60 (82, 54, 51, 108) *167 Active Vacant Lots: 923 (948, 938, 939, 932) *979 Market Rant Well alright! Looks like April 1st might not only be April fools day, but the unofficial start to the Spring market inventory launch? Listings flooded to the market this week, and a stampede of for sale signs found their rightful property injecting new blood into the market for weary buyers to welcome. Still, lots of sales, and even more listings that came under contract this week saying that there is still a buyer buldge out there looking for the right property. Multiple offers are still rampant in many areas of HRM, with some listings selling ten's of thousands over listing price. Which makes me wonder if properties being undervalued that badly, or is it that buyers who have lost a few bids are ready to pay a premium to finally get a property to accept their offer? Although eh inventory is on the rise for the second straight week, things are lean around the hot spots, getting snapped up within ours of going live. Definitely a challenging landscape for buyers out there, and possible one for Sellers too as things continue to change at a fevered pace. One seldom seen in Halifax/Dartmouth anyways. Stay tuned to the blog to stay on top of the market and keep informed! Thanks for stopping by! The Weekly Adogtable! Jack has two luxating patellas and is awaiting surgery to repair this. His owners could not afford the surgery so they surrendered him. Jack is an extremely sweet, calm, laid-back boy that just loves everyone. He is calm in his kennel, well socialized with people and animals and is comfortable with all physical manipulations. No resource guarding, takes treats slowly, and is a cuddle-bug extraordinaire! Not a barker even when someone knocks on the door! This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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 40 Admiral Cove Drive in Bedford, NSNestled on a sizeable lot in the heart of Bedford sits this exquisitely built custom two-storey home, with striking views and located just off prestigious Shore Drive. Prepare to be wowed when entering the property by the unique floor plan, soaring cathedral ceilings and light flooding in from the plethora of windows, all accented by the fine finishes you would expect to see in the sought after Eaglewood community. The bright and airy foyer welcome’s you in as you start the main floor tour that also includes a spacious living room with elegant formal dining attached, spacious centre-island kitchen accented with cherrywood cabinets, corian countertops and eat-in breakfast nook, sunken family room with walkout to patio that overlooks the basin, office/bed room and convenient bath/laundry. Upstairs you will find the glamorous master bedroom complete with walk-in closets, patio overlooking the basin and luxuriously updated bathroom, along with another full bath and two generously sized bedrooms. The lower level hosts a cozy recreation room, full bath, access to the double attached garage, flex room, and tons of potential for more developed space! Superb location with all of Bedford’s amenities at your door step, parks and recreation close by, sought after schools and and extremely convenient place to access all parts of HRM from. Don’t wait, contact me today to get your personal tour and to make 40 Admiral Cove Drive your next address. More information about this listing can be found 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 41 Kelly Drive, Williamswood, NSTucked away on a private and expansive lot in Williamswood sits this charming split level home, beaming with character and complete with double detached garage. Once inside, you are greeted by a welcoming foyer and living room accented by cathedral ceilings and glowing hardwood floors. Upstairs you will find the updated kitchen with walkout to massive side deck, main bath, formal dining, and three sizeable bedrooms. The walkout lower level hosts a giant recreation/flex space with cozy propane stove, second full bath, extra bedroom, utility and ton’s of storage. Outside you will find a fully fenced back yard, lots of space to play, and a six person hot tub to soak in after spending the day hiking on one of the many local trails, or relaxing at Crystal Crescent beach just down the way. Convenience store just around the corner that has all the necessities, and a local fisheries just down the street to grab the “catch of the day”. Country living with a short commute to the city, and surrounded by perfect examples of authentic Nova Scotia living. Don’t wait, contact today for your personal tour and see what could be yours! Full Details of the listing can be found 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 Halifax (HRM) Residential Statistic Update for the Week of March 21st - March 28th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 291 (260, 251, 330, 189) *280 Sold: 155 (139, 146, 126, 111) *112 Sale To Listing Ratio: 53% (55%, 58%, 38%, 59%) *45% Price Changes: 105 (69, 101, 100, 82) *119 Listings that went conditional/pending: 190 (161, 169, 165, 167) *154 Expired/Cancelled: 67 (75, 61, 102, 54) *66 Total Active Halifax/Dartmouth Inventory: 3,181 (3,147, 3,160, 3,150, 3,075) +3,864 Absorption Rate in weeks: 23 (24, 25, 26, 26) *30 Single Family Home Stats Active Single Family Home: 1,720 (1,688, 1,700, 1,674, 1,629) *2,143 Average Single Family Home List Price: $381,137 ($365k,$337k,$344k,$334k) *$326k Average Single Family Home Selling Price: $369,972 ($258k,$330k,$337k,$326k) *$315k Single Family Home Sale to List Ratio This Week: 97% (98%, 98%, 98%, 98%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$289k,$290k,$290k)*$279k Median Single Family Home Sold Price (6 mo):$283,900 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 62 (68, 55, 78, 69) *88 Condo Stats Active Condos: 255 (254, 260, 298, 259) *375 Average Condo Listing Price: $252,228 ($237k, $295k, $226k, $229k) *$232k Average Condo Selling Price: $245,478 ($228k, $285k, $215k, $221k) *$225k Condo Sale to List Ratio This Week: 97% (96%, 97%, 95%, 95%) 97% Median Condo List Price (6 mo): $239,950 ($239k, $240k, $240k, $240k) *$238k Median Condo Sold Price (6 mo): $232,000 ($230k, $232k, $230k, $231k) *$232k Average Days on Market Condos: 82 (54, 51, 108, 93) *82 Active Vacant Lots: 948 (938, 939, 932, 911) *1,008 Market Rant Now that's more like it! Finally, after a few shaky weeks of reduction, the Spring inventory gain gets off the ground with a decent overall increase this week. It's not huge, but it's a start! All tracked products increased their numbers this week, with single family homes seeing the most. Good news for Buyers, but it's going to take a bit more than one week of half decent additions to make an impact for the bulk of them waiting to find the right property. Seems listings weren't the only numbers are the rise, overall sales reported higher than average, and so too did the number of properties that received and accepted offers (pending), the sales to list ratio, and product values across the board. All good things! The numbers you want decreasing are still doing so too, like the absorption rate, time on market, the number of products retreating from the market and most importantly...the absorption rate. So it's back to "business as usual" for the hot Halifax market, so stay tuned to the blog to keep tabs on things as the market season heats up! Thanks for stopping by! The Weekly Adogtable! Ninja was found abandoned and no one has claimed him. He is OK with dogs and kids but has not been cat tested as of yet. He exhibits no food aggression with humans or dogs. Extremely affectionate and smiles. Is afraid of men at first (will cower) but comes around. More updates to come as we get to know this cutie patootie. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of March 14th - March 21st, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 260 (251, 330, 189, 218) *295 Sold: 139 (146, 126, 111, 129) *114 Sale To Listing Ratio: 55% (58%, 38%, 59%, 59%) *39% Price Changes: 69 (101, 100, 82, 81) *137 Listings that went conditional/pending: 161 (169, 165, 167, 135) *142 Expired/Cancelled/Withdrawn: 75 (61, 102, 54, 69) *67 Total Active Halifax/Dartmouth Inventory: 3,147 (3,160, 3,150, 3,075, 3,117) +3,801 Absorption Rate in weeks: 24 (25, 26, 26, 27) *30 Single Family Home Stats Active Single Family Home: 1,688 (1,700, 1,674, 1,629, 1,656) *2,103 Average Single Family Home List Price: $365,272 ($337k,$344k,$334k,$313k) *$325k Average Single Family Home Selling Price: $357,888 ($330k,$337k,$326k,$303k) *$314k Single Family Home Sale to List Ratio This Week: 98% (98%, 98%, 98%, 97%) *97% Median Single Family Home List Price (6 mo): $289,500 ($289k,$290k,$290k,$286k)*$278k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 68 (55, 78, 69, 79) *69 Condo Stats Active Condos: 254 (260, 298, 259, 261) *367 Average Condo Listing Price: $237,400 ($295k, $226k, $229k, $266k) *$252k Average Condo Selling Price: $227,500 ($285k, $215k, $221k, $256k) *$242k Condo Sale to List Ratio This Week: 96% (97%, 95%, 95%, 96%) 96% Median Condo List Price (6 mo): $239,000 ($240k, $240k, $240k, $240k) *$239k Median Condo Sold Price (6 mo): $229,900 ($232k, $230k, $231k, $232k) *$234k Average Days on Market Condos: 54 (51, 108, 93, 71) *127 Active Vacant Lots: 938 (939, 932, 911, 920) *1,003 Market Rant Here we go again! After two consecutive weeks of inventory gain, we are back on the decline with all tracked products reducing in numbers this week. It has been an odd statistic to track this year, since we usually trend in the upwards direction around this time, but since the beginning of the year, inventory has been leaning in a new direction...downwards. Lots of good activity this week as well, but mostly activity that we are starting to get acclimatized to here in Halifax, like solid sales number, buzzing buyer activity, and less time on market for sellers. Still lots of buyer frustration out there in areas though (especially on the peninsula), but it is starting to seep into other zones and communities as well. Due to this market environment, the absorption rate has been shedding weeks at a rapid pace, and we have found ourselves a full six weeks off the rate of last year at this time. Values are still reporting strong overall, especially single family homes, that are really reporting better in all areas from this year at this time. The Spring market is upon us and it looks to heat up even more, so stay tuned to the blog to keep your finger on the pulse of the real estate market here in Halifax! Thanks for stopping by! The Weekly Adogtable! Meet Lou. He is Comfortable w/ all physical manipulations. Very treat motivated. No bite history. Has had mild resource guarding of toys/ food with male dogs only. Dog friendly and very social. OK w/ cats – but cats ignored him so.. We are thinking this could be iffy depending on the cat. Kids 12+. No fear of men. Very human friendly. Strong. Jumps up if super excited but this has been worked on . Has mouthed the odd time when playing but has been worked on and improved. Medium energy Very affectionate. non-destructive and can be left uncrated (prefers this or he gets anxious locked up too long). Pulls on leash – don't they all? lol. We suggest using a freedom harness. Knows basic commands but proof of enrollment in obedience training is a requirement to adopt. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of March 7th - March 14th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 251 (330, 189, 218, 248) *270 Sold: 146 (126, 111, 129, 114) *134 Sale To Listing Ratio: 58% (38%, 59%, 59%, 46%) *50% Price Changes: 100 (100, 82, 81, 80) *102 Listings that went conditional/pending: 169 (165, 167, 135, 153) *134 Expired/Cancelled/Withdrawn: 61 (102, 54, 69, 75) *81 Total Active Halifax/Dartmouth Inventory: 3,160 (3,150, 3,075, 3,117, 3,096) +3,722 Absorption Rate in weeks: 25 (26, 26, 27, 30) *30 Single Family Home Stats Active Single Family Home: 1,700 (1,674, 1,629, 1,656, 1,657) *2,047 Average Single Family Home List Price: $336,540 ($344k,$334k,$313k,$331k) *$301k Average Single Family Home Selling Price: $329,548 ($337k,$326k,$303k,$324k) *$291k Single Family Home Sale to List Ratio This Week: 98% (98%, 98%, 97%, 98%) *97% Median Single Family Home List Price (6 mo): $289,250 ($290k,$290k,$286k,$290k)*$276k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 55 (78, 69, 79, 66) *88 Condo Stats Active Condos: 260 (298, 259, 261, 254) *368 Average Condo Listing Price: $295,268 ($226k, $229k, $266k, $293k) *$242k Average Condo Selling Price: $285,009 ($215k, $221k, $256k, $285k) *$232k Condo Sale to List Ratio This Week: 97% (95%, 95%, 96%, 97%) 96% Median Condo List Price (6 mo): $239,900 ($240k, $240k, $240k, $240k) *$240k Median Condo Sold Price (6 mo): $232,000 ($230k, $231k, $232k, $232k) *$234k Average Days on Market Condos: 51 (108, 93, 71, 60) *97 Active Vacant Lots: 939 (932, 911, 920, 918) *986 Market Rant Well, that's two weeks in a row! Even though the inventory gain was very marginal, it still fell into the increasing trend, which is the way the market usually goes around this time of year. New listing additions weren't a huge influence this week, although they helped, and sales reported higher than average, so you have to wonder where the numbers are coming from. Vacant lot inventory increased this week, so too did single family homes, but Condo inventory decreased significantly, so you would think that with the amount of sales and fewer new additions that inventory would have balanced out, I guess we came pretty close. The above average sales activity looks as though it will continue into next week, at the least, as the listings that reported conditional pending stayed above the norm again this week. So it looks like it's "business as usual" again, where "usual" means increased sales, lack of inventory, less time on market for sellers, and lots of buyer activity. I, for one, welcome this new market, and I hope it sticks around for the foreseeable future! Thanks for stopping by, and be sire to check in to stay on top of the market! The Weekly Adogtable! BELLA is up to date on on vaccinations. No issues with physical manipulations, enjoys her humans handling her, body, face and feet. No bite history. No resource guarding. High energy and Loves to play with other dogs. Great with even the shyest and the moodiest ones, and they all love her. Cat friendly, but very playful with them. Bella is a friendly gal that loves to play and easily gets excitable, jumpy and boisterous. If you tell her to stop, she listens and needs someone who can give her structure. No separation anxiety. Good on leash and learning basic obedience. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of February - March 7th 28th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 330 (189, 218, 248, 250) *365 Sold: 126 (111, 129, 114, 119) *135 Sale To Listing Ratio: 38% (59%, 59%, 46%, 48%) *37% Price Changes: 100 (82, 81, 80, 103) *127 Listings that went conditional/pending: 165 (167, 135, 153, 133) *169 Expired/Cancelled/Withdrawn: 102 (54, 69, 75, 168) *172 Total Active Halifax/Dartmouth Inventory: 3,150 (3,075, 3,117, 3,096, 3,074) +3,686 Absorption Rate in weeks: 26 (26, 27, 30, 33) *32 Single Family Home Stats Active Single Family Home: 1,674 (1,629, 1,656, 1,657, 1,671) *2,010 Average Single Family Home List Price: $344,051 ($334k,$313k,$331k,$324k) *$349k Average Single Family Home Selling Price: $337,433 ($326k,$303k,$324k,$315k) *$336k Single Family Home Sale to List Ratio This Week: 98% (98%, 97%, 98%, 97%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$286k,$290k,$289k)*$279k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 78 (69, 79, 66, 76) *93 Condo Stats Active Condos: 298 (259, 261, 254, 242) *370 Average Condo Listing Price: $225,900 ($229k, $266k, $293k, $307k) *$277k Average Condo Selling Price: $215,000 ($221k, $256k, $285k, $295k) *$266k Condo Sale to List Ratio This Week: 95% (95%, 96%, 97%, 96%) 96% Median Condo List Price (6 mo): $239,900 ($240k, $240k, $240k, $240k) *$239k Median Condo Sold Price (6 mo): $230,000 ($231k, $232k, $232k, $230k) *$233k Average Days on Market Condos: 108 (93, 71, 60, 102) *80 Active Vacant Lots: 932 (911, 920, 918, 900) *980 Market Rant And we're off! Finally! All it took was a snow storm for the inventory to take off! I'm sure that wasn't planned, it just so happened that mother nature had other ideas last week. All tracked products increased this week, with condo's making the largest percentage gain. Despite the frigid temps and hazardous conditions, properties moved this week without much variation from the previous few weeks. If anything, there was actually a few more than we saw at the beginning of February, which just goes to show that sometimes even blizzards can't halt progress. Single largest addition week of the year so far, but those listings were met with a positive reception and open arms of buyers, especially those who have been looking for a while. The expired/cancelled pool is still quite low this week, but we haven't hit the Spring market yet and it's still quite early in the year, so the expectation is that those numbers will remain low as long as the market performs the way it has been. With the Winter finally winding down, the Spring market is next up on the docket, and I for one am interested to see which direction things go. Stay tuned to stay up to date, and thanks for stopping by! The Weekly Adogtable! Yvor is a typical bull dog but with an adorable quirky neurological condition that makes his mannerisms seem uncoordinated. Weighing only 42 lbs, this boy is petite but makes up for it in personality. Good with cats and dogs with proper introductions. Has been around horses and kids. Suspected food allergy from being fed poor diet and needs a good teeth cleaning. Loly is a female aged 6 years old with medium energy. She is spayed, microchipped , vaccinated and on parasite prevention. Loving temperament and thinks she is a lap dog. Pet free clicker and positive reinforcement trained. No pets or kids for Loly as she is anxious. Can be head strong but we figured out she will work for her food. Yvor has a barely detectable heart murmur (2/6) like lots of bull dogs and boxers typically have. He is learning basic obedience and is happy-go-lucky pup that just wants to meet everyone he sees. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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 Halifax (HRM) Residential Statistic Update for the Week of February 21st - February 28th, 2019 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 189 (218, 248, 250, 175) *325 Sold: 111 (129, 114, 119, 94) *129 Sale To Listing Ratio: 59% (59%, 46%, 48%, 54%) *40% Price Changes: 82 (81, 80, 103, 75) *125 Listings that went conditional/pending: 167 (135, 153, 133, 133) *164 Expired/Cancelled/Withdrawn: 54 (69, 75, 168, 98) *139 Total Active Halifax/Dartmouth Inventory: 3,075 (3,117, 3,096, 3,074, 3,091) +3,620 Absorption Rate in weeks: 26 (27, 30, 33, 38) *33 Single Family Home Stats Active Single Family Home: 1,629 (1,656, 1,657, 1,671, 1,648) *1,961 Average Single Family Home List Price: $334,205 ($313k,$331k,$324k,$237k) *$336k Average Single Family Home Selling Price: $325,928 ($303k,$324k,$315k,$349k) *$322k Single Family Home Sale to List Ratio This Week: 98% (97%, 98%, 97%, 98%) *96% Median Single Family Home List Price (6 mo): $289,900 ($286k,$290k,$289k,$289k)*$279k Median Single Family Home Sold Price (6 mo):$280,250 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 69 (79, 66, 76, 77) *73 Condo Stats Active Condos: 259 (261, 254, 242, 241) *366 Average Condo Listing Price: $229,009 ($266k, $293k, $307k, $231k) *$227k Average Condo Selling Price: $220,627 ($256k, $285k, $295k, $227k) *$221k Condo Sale to List Ratio This Week: 96% (96%, 97%, 96%, 98%) 97% Median Condo List Price (6 mo): $239,900 ($240k, $240k, $240k, $240k) *$239k Median Condo Sold Price (6 mo): $231,250 ($232k, $232k, $230k, $232k) *$232k Average Days on Market Condos: 93 (71, 60, 102, 120) *47 Active Vacant Lots: 911 (920, 918, 900, 942) *973 Market Rant Looks like we are heading in the opposite direction again. After two short weeks of marginal inventory gain, this weeks reduction pretty much erased what little increase there was. All tracked products reduced this week, with single family homes being the most significant. Could it be the lack of new products added this week, the relentless sales, the weather? Whatever it is, 2019 has started off on a very unusual note, with no clear indication that things are about to change back anytime soon. Speaking of unrelenting sales, it looks like another chunk of products are about to switch over to the sale pile according to the listings that went conditional/pending this week. So, despite the frosty blast of winter this week, the market here in Halifax remains red hot. Expired listings are down quite significantly this week compared to last year at this time as well, which comes as no surprise since things are flying off the shelves. Not even the Spring market and it has basically been performing like it since the beginning of the year. It will be interesting to see what the Spring market actually brings! Stay tuned to find out! Thanks for stopping by! The Weekly Adogtable! Dobby was found as a stray. He is tolerant with touching all over, is crate trained, and barks to greet you. He is excited with other dogs, but has a fearful disposition of strangers. Dobby is playful and affectionate once he gets to know you, but is anxious and fearful of new things. We often see this with dogs who need confidence boosts, which will be worked on while he is in our care. His new family will need to build his trust and confidence as well. Dobby pulls on his leash (a freedom harness will help with this) and is selective with toys. This "cuddly companion" is available through Marleys Hope, a non profit rescue organization from Halifax, 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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