(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 261 (185, 205, 256, 220) *222 Sold: 122 (112, 148, 147, 123) *111 Sale To Listing Ratio: 47% (61%, 72%, 57%, 56%) *50% Price Changes: 122 (101, 102, 137, 110) *102 Conditional Sale: 158 (119, 177, 165, 137) *135 Expired/Cancelled/Withdrawn: 56 (98, 45, 48, 83) *79 Total Active Halifax/Dartmouth Inventory: 1,769 (1,761, 1,772, 1,811, 1,758) *1,477 Absorption Rate: 13 (13, 13, 13, 13) Single Family Home Stats Active Single Family Home: 874 (890, 871, 896, 885) *761 Average Single Family Home List Price: $591,667 ($601k, $590k, $593k, $623k) *$507k Average Single Family Home Selling Price: $594,208 ($598k, $586k, $597k, $626k) *$516k Single Family Home Sale to List Ratio This Week: 101% (99%, 99%, 101%, 101%) *102% Median Single Family Home List Price (6 mo): $564,900 ($565k,$565k,$569k,$569k) *$530k Median Single Family Home Sold Price(6 mo):$565,000 ($568k,$568k,$570k,$570k)*$545k Average Days on Market Single Family Home: 27 (28, 36, 29, 26) *24 Condo Stats Active Condos: 140 (138, 138, 141, 126) *115 Average Condo Listing Price: $599,000 ($468k, $492k, $466k, $400k) *$532k Average Condo Selling Price: $609,500 ($460k, $497k, $458k, $404k) *$530k Condo Sale to List Ratio This Week: 102% (98%, 101%, 98%, 101%) *99% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$430k Average Days on Market Condos: 12 (15, 19, 27, 27) *22 Active Vacant Lots: 518 (513, 527, 525, 510) *423 Market Rant The Halifax real estate market continues to dance to its own rhythm, showing both stability and subtle shifts. The rise in new listings, coupled with a slight dip in the sale-to-listing ratio, hints at a market where sellers are eager to participate, but buyers are becoming more discerning. Single-family homes remain in demand, with prices holding steady and quick sales, reflecting a solid market for this segment. Condos, on the other hand, have turned up the excitement, with a notable jump in both listing and selling prices, suggesting a possible move toward higher-end properties or an increase in buyer willingness to spend more. With quick sales and competitive pricing, condos are clearly having their moment. As for vacant lots, the gradual increase in active listings might signal growing interest among investors or developers looking to seize opportunities. Overall, whether you're a buyer, seller, or investor, the Halifax real estate market continues to offer a dynamic environment with plenty of possibilities. Keeping a pulse on these trends will help you navigate this evolving landscape with confidence and creativity! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 185 (205, 256, 220, 200) *225 Sold: 112 (148, 147, 123, 138) *91 Sale To Listing Ratio: 61% (72%, 57%, 56%, 69%) *40% Price Changes: 101 (102, 137, 110, 115) *80 Conditional Sale: 119 (177, 165, 137, 169) *124 Expired/Cancelled/Withdrawn: 98 (45, 48, 83, 70) *79 Total Active Halifax/Dartmouth Inventory: 1,761 (1,772, 1,811, 1,758, 1,747) *1,407 Absorption Rate: 13 (13, 13, 13, 12) Single Family Home Stats Active Single Family Home: 890 (871, 896, 885, 875) *707 Average Single Family Home List Price: $601,288 ($590k, $593k, $623k, $630k) *$584k Average Single Family Home Selling Price: $597,862 ($586k, $597k, $626k, $627k) *$578k Single Family Home Sale to List Ratio This Week: 99% (99%, 101%, 101%, 99%) *99% Median Single Family Home List Price (6 mo): $564,900 ($565k,$569k,$569k,$569k) *$500k Median Single Family Home Sold Price(6 mo):$567,700 ($568k,$570k,$570k,$570k)*$520k Average Days on Market Single Family Home: 28 (36, 29, 26, 32) *50 Condo Stats Active Condos: 138 (138, 141, 126, 124) *110 Average Condo Listing Price: $468,150 ($492k, $466k, $400k, $451k) *$388k Average Condo Selling Price: $459,764 ($497k, $458k, $404k, $456k) *$390k Condo Sale to List Ratio This Week: 98% (101%, 98%, 101%, 101%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$415k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$415k Average Days on Market Condos: 15 (19, 27, 27, 25) *26 Active Vacant Lots: 513 (527, 525, 510, 521) *417 Market Rant Another piece of good news arrived for buyers, and homeowners in general with the Bank of Canada delivering it's third consecutive rate cut! This one was a policy rate adjustment of 25 basis points, which brings it to 4.25%. More can be found out here: The Halifax real estate market continues to offer a mixed bag of trends, like a dynamic jigsaw puzzle with ever-shifting pieces. The decrease in new listings and sold properties hints at a slight cooling in market activity, but the sale-to-listing ratio still shows that properties are moving relatively well, and sellers are mostly hitting the mark with pricing. Single-family homes are maintaining stable pricing and seeing faster sales, indicating steady demand despite more choices for buyers. On the other hand, the condo market is holding its ground, with quick turnaround times and slight price adjustments showing a resilient demand in this segment. With vacant lot numbers slightly down, it seems like the land market is taking a breather as developers and buyers weigh their options. Overall, while there may be a bit of caution in the air, the Halifax real estate market is still full of opportunities for those looking to buy, sell, or invest. As always, staying informed and keeping an eye on the latest trends will help you navigate this evolving landscape and find the best opportunities for your real estate goals! Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 205 (256, 220, 200, 264) *174 Sold: 148 (147, 123, 138, 139) *116 Sale To Listing Ratio: 72% (57%, 56%, 69%, 61%) *67% Price Changes: 102 (137, 110, 115, 112) *97 Conditional Sale: 177 (165, 137, 169, 188) *145 Expired/Cancelled/Withdrawn: 45 (48, 83, 70, 40) *46 Total Active Halifax/Dartmouth Inventory: 1,772 (1,811, 1,758, 1,747, 1,751) *1,347 Absorption Rate: 13 (13, 13, 12, 12) *10 Single Family Home Stats Active Single Family Home: 871 (896, 885, 875, 881) *656 Average Single Family Home List Price: $590,219 (%593k, $623k, $630k, $592k) *$601k Average Single Family Home Selling Price: $585,700 ($597k, $626k, $627k, $590k) *$607k Single Family Home Sale to List Ratio This Week: 99% (101%, 101%, 99%, 99%) *101% Median Single Family Home List Price (6 mo): $565,000 ($569k,$569k,$569k,$576k) *$535k Median Single Family Home Sold Price(6 mo):$567,500 ($570k,$570k,$570k,$568k)*$545k Average Days on Market Single Family Home: 36 (29, 26, 32, 30) *27 Condo Stats Active Condos: 138 (141, 126, 124, 133) *111 Average Condo Listing Price: $492,157 ($466k, $400k, $451k, $497k) *$466k Average Condo Selling Price: $497,128 ($458k, $404k, $456k, $492k) *$466k Condo Sale to List Ratio This Week: 101% (98%, 101%, 101%, 99%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $439,950 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 19 (27, 27, 25, 45) *22 Active Vacant Lots: 527 (525, 510, 521, 515) *419 Market Rant The Halifax real estate market is like a thrilling adventure, full of twists and turns that keep everyone on their toes! This week, it seems like fewer new listings are showing up, but that hasn’t stopped eager buyers from diving in and snagging properties left and right. It’s like a treasure hunt with just the right amount of excitement—plenty of hidden gems still to be found! Single-family homes continue to be a solid favorite, though they’re taking a bit longer to find the right match. With more options available, buyers are taking their time to choose, and the steady prices suggest sellers are hitting the mark with what buyers want. It’s a balancing act that’s keeping everyone engaged, with homes still selling close to their asking prices. Over in the condo corner, things are really heating up! Condos are flying off the market, and some are even going for above asking price, proving that buyers are head over heels for these stylish spaces. With quick sales and strong demand, the condo market is a hot spot that’s capturing a lot of attention. In a nutshell, the Halifax real estate market is buzzing with energy and full of possibilities. Whether you’re looking to buy, sell, or simply see what’s out there, the market is packed with opportunities and surprises at every turn. So, grab your explorer’s hat, keep your eyes open, and get ready for the next big discovery in this vibrant real estate landscape! Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 256 (220, 200, 264, 258) *174 Sold: 147 (123, 138, 139, 135) *116 Sale To Listing Ratio: 57% (56%, 69%, 61%, 61%) *67% Price Changes: 137 (110, 115, 112, 112) *97 Conditional Sale: 165 (137, 169, 188, 189) *145 Expired/Cancelled/Withdrawn: 48 (83, 70, 40, 41) *46 Total Active Halifax/Dartmouth Inventory: 1,811 (1,758, 1,747, 1,751, 1,738) *1,347 Absorption Rate: 13 (13, 12, 12, 12) *10 Single Family Home Stats Active Single Family Home: 896 (885, 875, 881, 870) *656 Average Single Family Home List Price: $593,252 ($623k, $630k, $592k, $602k) *$601k Average Single Family Home Selling Price: $597,001 ($626k, $627k, $590k, $603k) *$607k Single Family Home Sale to List Ratio This Week: 101% (101%, 99%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $568,500 ($569k,$569k,$576k,$565k) *$535k Median Single Family Home Sold Price(6 mo):$569,561 ($570k,$570k,$568k,$568k)*$545k Average Days on Market Single Family Home: 29 (26, 32, 30, 31) *27 Condo Stats Active Condos: 141 (126, 124, 133, 130) *111 Average Condo Listing Price: $465,745 ($400k, $451k, $497k, $537k) *$466k Average Condo Selling Price: $457,727 ($404k, $456k, $492k, 531k) *$466k Condo Sale to List Ratio This Week: 98% (101%, 101%, 99%, 98%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $439,700 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 27 (27, 25, 45, 40) *22 Active Vacant Lots: 525 (510, 521, 515, 512) *419 Market Rant The Halifax real estate market is like a lively dance party, where everyone is finding their rhythm! With more homes hitting the market and buyers still eager to join the dance floor, it’s clear that this market knows how to keep the beat going. The steady rise in listings means there’s more variety for buyers to choose from, like a buffet of options, whether you're looking for that perfect single-family home or a cozy condo. Single-family homes are still the star performers, drawing in the crowd with their solid sale-to-list ratios and steady prices. Sure, they might be taking a little longer to get snapped up, but that just means buyers are enjoying the groove, taking their time to find the perfect fit. Meanwhile, the condo market is holding its own, offering up a steady beat of activity. Even with a few dips in price strength, condos are still moving quickly, proving they’re a popular choice for those looking to join the Halifax housing dance. And let’s not forget the vacant lots, which are becoming the new hotspot on the scene. Whether they’re being eyed for future developments or as long-term investments, these plots of land are adding an exciting new layer to the real estate mix, making the market even more dynamic. All in all, the Halifax real estate market is buzzing with energy, offering something for everyone. Buyers and sellers alike are finding their groove, and as the market continues to evolve, it promises to keep the party going with plenty of opportunities and excitement on the horizon. So, whether you’re looking to buy, sell, or invest, now’s the time to hit the floor and see what this vibrant market has to offer! Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 278 (220, 200, 264, 258) *200 Sold: 139 (123, 138, 139, 135) *134 Sale To Listing Ratio: 50% (56%, 69%, 61%, 61%) *67% Price Changes: 158 (110, 115, 112, 112) *106 Conditional Sale: 176 (137, 169, 188, 189) *146 Expired/Cancelled/Withdrawn: 53 (83, 70, 40, 41) *53 Total Active Halifax/Dartmouth Inventory: 1,792 (1,758, 1,747, 1,751, 1,738) *1,369 Absorption Rate: 12 (13, 12, 12, 12) *10 Single Family Home Stats Active Single Family Home: 890 (885, 875, 881, 870) *675 Average Single Family Home List Price: $601,363 ($623k, $630k, $592k, $602k) *$611k Average Single Family Home Selling Price: $602,958 ($626k, $627k, $590k, $603k) *$616k Single Family Home Sale to List Ratio This Week: 101% (101%, 99%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $569,900 ($569k,$569k,$576k,$565k) *$535k Median Single Family Home Sold Price(6 mo):$570,000 ($570k,$570k,$568k,$568k)*$545k Average Days on Market Single Family Home: 26 (26, 32, 30, 31) *29 Condo Stats Active Condos: 137 (126, 124, 133, 130) *109 Average Condo Listing Price: $424,657 ($400k, $451k, $497k, $537k) *$468k Average Condo Selling Price: $420,307 ($404k, $456k, $492k, 531k) *$473k Condo Sale to List Ratio This Week: 99% (101%, 101%, 99%, 98%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $439,000 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 13 (27, 25, 45, 40) *25 Active Vacant Lots: 529 (510, 521, 515, 512) *421 Market Rant the Halifax real estate market is navigating an interesting period of dynamic change, marked by a delicate interplay of supply and demand, price adjustments, and evolving buyer behaviours. The resilience of the single-family home segment, with its consistent sales and slightly elevated prices, underscores the continued desirability of these properties. Despite minor fluctuations, the unwavering strength in the sale-to-list ratio highlights the competitive nature of the market, where well-positioned homes are snapped up quickly. The condo market, with its recent surge in activity and reduced days on market, suggests a growing appeal among buyers, possibly driven by changing lifestyle preferences or shifts in affordability. The stable median prices reflect a market that, while experiencing some volatility, remains fundamentally strong and attractive to a wide range of buyers. As we look at the broader market trends, the increase in active listings and price changes suggests that sellers are becoming more attuned to the realities of the market, leading to strategic pricing decisions that better align with buyer expectations. The rise in active vacant lots could be a harbinger of future development or a sign of slower sales in that segment, adding another layer of complexity to the market. Overall, the Halifax real estate market is exhibiting a vibrant and adaptable character, poised at the intersection of stability and transformation. While the immediate future may bring further adjustments, the underlying strength of the market, coupled with the increasing inventory, positions Halifax as an attractive and resilient market for both buyers and sellers alike. As the market continues to evolve, it remains a compelling arena where opportunities abound, shaped by a blend of historical resilience and a forward-looking plan. Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 220 (200, 264, 258, 261) *199 Sold: 123 (138, 139, 135, 159) *127 Sale To Listing Ratio: 56% (69%, 61%, 61%, 54%) *64% Price Changes: 110 (115, 112, 112, 135) *87 Conditional Sale: 137 (169, 188, 189, 190) *132 Expired/Cancelled/Withdrawn: 83 (70, 40, 41, 55) *38 Total Active Halifax/Dartmouth Inventory: 1,758 (1,747, 1,751, 1,738, 1,729) *1,383 Absorption Rate: 13 (12, 12, 12, 11) *10 Single Family Home Stats Active Single Family Home: 885 (875, 881, 870, 865) *678 Average Single Family Home List Price: $622,994 ($630k, $592k, $602k, $581k) *$624k Average Single Family Home Selling Price: $625,653 ($627k, $590k, $603k, $579k) *$614k Single Family Home Sale to List Ratio This Week: 101% (99%, 99%, 101%, 102%) *98% Median Single Family Home List Price (6 mo): $569,000 ($569k,$576k,$565k,$565k) *$530k Median Single Family Home Sold Price(6 mo):$570,000 ($570k,$568k,$568k,$568k)*$543k Average Days on Market Single Family Home: 26 (32, 30, 31, 36) *34 Condo Stats Active Condos: 126 (124, 133, 130, 127) *106 Average Condo Listing Price: $399,476 ($451k, $497k, $537k, $486k) *$438k Average Condo Selling Price: $403,491 ($456k, $492k, 531k, $479k) *$447k Condo Sale to List Ratio This Week: 101% (101%, 99%, 98%, 101%) *102% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 27 (25, 45, 40, 27) *11 Active Vacant Lots: 510 (521, 515, 512, 511) *423 Market Rant The real estate market is navigating a period of adjustment, characterized by a notable softening in sales activity and a drop in the sale-to-listing ratio to 56%. Despite these headwinds, single-family homes continue to demonstrate resilience, with stable prices and a quicker turnover, reflected in a reduced average of just 26 days on the market. This suggests that while the broader market may be cooling, demand for single-family homes remains robust. Conversely, the condo market is experiencing a more pronounced shift, with a sharp decline in average prices. Despite this price correction, condos are still commanding near their list prices, maintaining a solid sale-to-list ratio of 101%, which speaks to ongoing buyer interest even in a cooling market. The reduction in active vacant lot listings to 510 further indicates a tightening in the supply of development land, which could influence future market dynamics. Overall, the market is stabilizing but with clear signs of cooling, particularly in the condo sector, as buyers and sellers adjust to shifting conditions. This nuanced landscape offers both challenges and opportunities, with single-family homes standing out as a bright spot amid the broader market recalibration. Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 200 (264, 258, 261, 256) *239 Sold: 138 (139, 135, 159, 137) *148 Sale To Listing Ratio: 69% (61%, 61%, 54%, 63%) *66% Price Changes: 115 (112, 112, 135, 112) *87 Conditional Sale: 169 (188, 189, 190, 145) *177 Expired/Cancelled/Withdrawn: 70 (40, 41, 55, 95) *101 Total Active Halifax/Dartmouth Inventory: 1,747 (1,751, 1,738, 1,729, 1,740) *1,365 Absorption Rate: 12 (12, 12, 11, 11) *10 Single Family Home Stats Active Single Family Home: 875 (881, 870, 865, 865) *662 Average Single Family Home List Price: $630,310 ($592k, $602k, $581k, $619k,) *$523k Average Single Family Home Selling Price: $626,999 ($590k, $603k, $579k, $629k) *$533k Single Family Home Sale to List Ratio This Week: 99% (99%, 101%, 102%, 101%) *102% Median Single Family Home List Price (6 mo): $569,000 ($576k,$565k,$565k,$565k) *$530k Median Single Family Home Sold Price(6 mo):$569,900 $568k,$568k,$568k,$570k)*$542k Average Days on Market Single Family Home: 32 (30, 31, 36, 10) *22 Condo Stats Active Condos: 124 (133, 130, 127, 127) *113 Average Condo Listing Price: $450,840 ($497k, $537k, $486k, $450k) *$511k Average Condo Selling Price: $456,030 ($492k, 531k, $479k, $455k) *$517k Condo Sale to List Ratio This Week: 101% (99%, 98%, 101%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$420k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 25 (45, 40, 27, 19) *29 Active Vacant Lots: 521 (515, 512, 511, 511) *430 Market Rant The real estate market is experiencing a dynamic period with a blend of encouraging and challenging trends. Although new listings and sales have seen a slight dip, the market's efficiency has improved, evidenced by an increased sale-to-listing ratio of 69%. Single-family homes continue to thrive, boasting higher average list and selling prices at $630,310 and $626,999 respectively, though they are staying on the market a bit longer, averaging 32 days. Condos present an intriguing picture: despite a reduction in average list and selling prices to $450,840 and $456,030, their market performance remains robust, with a sale-to-list ratio climbing to 101% and a faster turnaround time of 25 days. Additionally, the number of active listings for vacant lots has risen to 521, suggesting burgeoning opportunities for future development. Overall, the market is showing signs of stabilization with nuanced shifts across different property types, reflecting a complex yet promising landscape for buyers and sellers alike. Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 264 (258, 261, 256, 261) *226 Sold: 139 (135, 159, 137, 165) *148 Sale To Listing Ratio: 61% (61%, 54%, 63%) *66% Price Changes: 112 (112, 135, 112, 139) *76 Conditional Sale: 188 (189, 190, 145, 200) *154 Expired/Cancelled/Withdrawn: 40 (41, 55, 95, 42) *47 Total Active Halifax/Dartmouth Inventory: 1,751 (1,738, 1,729, 1,740, 1,738) *1,400 Absorption Rate: 12 (12, 11, 11, 10) *10 Single Family Home Stats Active Single Family Home: 881 (870, 865, 865, 888) *677 Average Single Family Home List Price: $592,128 ($602k, $581k, $619k, $572k) *$605k Average Single Family Home Selling Price: $$590,102 ($603k, $579k, $629k, $577k) *$603k Single Family Home Sale to List Ratio This Week: 99% (101%, 102%, 101%) *99% Median Single Family Home List Price (6 mo): $575,900 ($565k,$565k,$565k,$565k) *$536k Median Single Family Home Sold Price(6 mo):$568,000 $568k,($568k,$570k,$568k)*$544k Average Days on Market Single Family Home: 30 (31, 36, 10, 24) *27 Condo Stats Active Condos: 133 (130, 127, 127, 128) *113 Average Condo Listing Price: $496,768 ($537k, $486k, $450k. $660k) *$414k Average Condo Selling Price: $491,656 (531k, $479k, $455k, 648k) *$423k Condo Sale to List Ratio This Week: 99% (98%, 101%, 98%) *102% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$422k Average Days on Market Condos: 45 (40, 27, 19, 63) *29 Active Vacant Lots: 515 (512, 511, 511, 527) *434 Market Rant The Halifax/Dartmouth real estate market remains vibrant and full of opportunities. With a steady influx of new listings and consistent sales, the market is balancing well between supply and demand. Price adjustments and conditional sales indicate active buyer engagement, while stable absorption rates show that homes are moving at a healthy pace. Single-family homes and condos both show robust activity, with stable prices and quick turnovers. As we head into the next few weeks, expect continued dynamic market activity, providing plenty of opportunities for buyers and sellers alike. The Bank of Canada reduced its overnight rate target to 4.5% and continues balance sheet normalization. Global growth is expected at 3% annually through 2026, with easing inflation. In Canada, GDP growth is 1.5% for the first half of 2024, forecasted at 1.2% in 2024, 2.1% in 2025, and 2.4% in 2026. Inflation moderated to 2.7% in June, with broad pressures easing. The Bank cut rates by 25 basis points, focusing on restoring price stability amidst mixed inflation influences. Stay tuned for more updates and happy house hunting! Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 261 (256, 261, 287, 334) *175 Sold: 159 (137, 165, 166, 198) *121 Sale To Listing Ratio: 61% (54%, 63%, 58%, 59%) *69% Price Changes: 135 (112, 139, 150, 134) *63 Conditional Sale: 190 (145, 200, 181, 204) *119 Expired/Cancelled/Withdrawn: 55 (95, 42, 49, 58) *66 Total Active Halifax/Dartmouth Inventory: 1,729 (1,740, 1,738, 1,761, 1,722) *1,388 Absorption Rate: 11 (11, 10, 11, 10, 11) *9 Single Family Home Stats Active Single Family Home: 865 (865, 888, 871, 896) *691 Average Single Family Home List Price: $581,297 ($619k, $572k, $582k, $624k) *$568k Average Single Family Home Selling Price: $578,814 ($629k, $577k, $589k, $622k) *$570k Single Family Home Sale to List Ratio This Week: 99% (102%, 101%, 101%, 99%) *101% Median Single Family Home List Price (6 mo): $565,000 ($565k,$565k,$565k,$565k) *$530k Median Single Family Home Sold Price(6 mo):$567,900 ($570k,$568k,$565k,$560k)*$539k Average Days on Market Single Family Home: 36 (10, 24, 27, 32) *20 Condo Stats Active Condos: 127 (127, 128, 136, 139) *103 Average Condo Listing Price: $486,142 ($450k. $660k, $504k, $476k) *$348k Average Condo Selling Price: $478,485 ($$455k, 648k, $498k, $482k) *$5370k Condo Sale to List Ratio This Week: 98% (101%, 98%, 99%, 101%) *106% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $435k, $435k) *$422k Average Days on Market Condos: 27 (19, 63, 38, 13) *17 Active Vacant Lots: 511 (511, 527, 518, 510) *426 Market Rant Hold onto your hats, Halifax! The real estate market is sizzling this week. New listings and sales are climbing, inventory is steady, and buyers are diving in headfirst. The sale-to-list ratio is getting cozy around 60%, and price changes are popping up like spring flowers. Single-family homes are holding their ground, with prices looking good and homes lingering on the market a bit longer—just enough time for buyers to snag a deal! The average list price took a slight dip, making it a perfect time for some house-hunting adventures. The condo scene is equally exciting. Listing prices have jumped up, but some buyers are scoring some sweet deals, with selling prices taking a little tumble. Condos are selling like hotcakes when available, though they’re spending a bit more time on the market—perfect for those who love to window shop before making a decision. Vacant lots are plentiful, with lots of new land waiting for those dream home blueprints. Whether you're looking to build, buy, or just browse, the market is buzzing with opportunities. Summer's heating up, and so is the real estate action! Keep your eyes on the market, stay informed, and get ready to make your move. Thanks for stopping by the Halifax Real Estate Blog! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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: 256 (261, 287, 334, 272) *175 Sold: 137 (165, 166, 198, 138) *121 Sale To Listing Ratio: 54% (63%, 58%, 59%, 51%) *69% Price Changes: 112 (139, 150, 134, 88) *63 Conditional Sale: 145 (200, 181, 204, 187) *119 Expired/Cancelled/Withdrawn: 95 (42, 49, 58, 75) *66 Total Active Halifax/Dartmouth Inventory: 1,740 (1,738, 1,761, 1,722, 1,670) *1,388 Absorption Rate: 11 (10, 11, 10, 11) *9 Single Family Home Stats Active Single Family Home: 888 (871, 896, 873, 837) *691 Average Single Family Home List Price: $618,969 ($572k, $582k, $624k, $633k) *$568k Average Single Family Home Selling Price: $628,667 ($577k, $589k, $622k, $640k) *$570k Single Family Home Sale to List Ratio This Week: 102% (101%, 101%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $565,000 ($565k,$565k,$565k,$560k) *$530k Median Single Family Home Sold Price(6 mo):$569,900 ($568k,$565k,$560k)*$539k Average Days on Market Single Family Home: 20 (24, 27, 32, 25) *20 Condo Stats Active Condos: 127 (128, 136, 139, 130) *103 Average Condo Listing Price: $449,252 ($660k, $504k, $476k, $441k) *$348k Average Condo Selling Price: $454,484 ($648k, $498k, $482k, $443k) *$5370k Condo Sale to List Ratio This Week: 101% (98%, 99%, 101%, 101%) *106% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $435k, $435k, $435k) *$422k Average Days on Market Condos: 19 (63, 38, 13, 26) *17 Active Vacant Lots: 511 (527, 518, 510, 499) *426 Market Rant The Halifax real estate market is like a rollercoaster ride, with twists and turns that keep things exciting! New listings and total inventory are holding strong, giving buyers plenty of options to choose from. Although sales took a bit of a dip this week, they're still higher than last year—so it's not all doom and gloom! Single-family homes are the rock stars of the market, showing impressive price gains. The average and median prices have gone up, and these homes are flying off the market faster than you can say "sold!" The condo market is throwing us a curveball with a big drop in average prices, but the sale-to-list ratio has improved, and median prices are steady. It's a wild ride, but it looks like there's still plenty of demand for those urban living spaces. Vacant lots are plentiful, setting the stage for future developments and new opportunities. Overall, the market is buzzing with activity, and the summer months promise to keep things lively. Keep an eye on those price trends and inventory levels, and stay tuned to the Halifax Real Estate Blog for all the latest updates. Thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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 fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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