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Halifax (HRM) Residential Statistic Update for the Week of December 6th - December 13th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 148 (146, 147, 167, 202) *160 Sold: 113 (114, 98, 104, 99) *96 Sale To Listing Ratio: 76% (78%, 67%, 62%, 49%) *43% Price Changes: 107 (76, 73, 113, 101) *73 Listings that went conditional/pending: 84 (96, 109, 128, 134) *109 Expired/Cancelled/Withdrawn: 91 (208, 75, 96, 100) *116 Total Active Halifax/Dartmouth Inventory: 3,469 (3,493, 3,622, 3,645, 3,704) +3,781 Absorption Rate in weeks: 32 (34, 35, 34, 33) *33 Single Family Home Stats Active Single Family Home: 1,878 (1,886, 1,975, 1,990, 2,042) *2,061 Average Single Family Home List Price: $292,893 ($320k,$342k,$320k,$329k) *$334k Average Single Family Home Selling Price: $285,845 ($310k,$335k,$310k,$320k) *$321k Single Family Home Sale to List Ratio This Week: 98% (97%, 98%, 97%, 97%) *96% Median Single Family Home List Price (6 mo): $283,900 ($285k,$287k,$285k,$289k)*$279k Median Single Family Home Sold Price (6 mo):$278,500 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 93 (70, 85, 101, 115) *69 Condo Stats Active Condos: 279 (289, 333, 338, 312, 318) *369 Average Condo Listing Price: $287,900 ($277k, $240k, $221k, $286k) *$250k Average Condo Selling Price: $279,000 ($262, $235k, $217k, $281k) *$242k Condo Sale to List Ratio This Week: 96% (95%, 98%, 98%, 98%) 97% Median Condo List Price (6 mo): $233,800 ($230k, $230k, $231k, $235k) *$249k Median Condo Sold Price (6 mo): $225,000 ($225k, $225k, $225k, $225k) *$240k Average Days on Market Condos: 119 (84, 64, 57, 51) *97 Active Vacant Lots: 1,015 (1,011, 1,031, 1,034, 1,031) *964 Market Rant If it seems like the sales to list ratio has been unusually high lately, it's because it has been! For the third week in a row we are well above the average StL report, and well above the 50% mark, which is also really high for this time of year. The general feeling out there is that there's still a bulge of buyers hunting the market, and with lack of product availability (in certain areas and type), the few listings that do come to market get snapped up. The absorption is in alignment with this time last year, and the inventory overall has taken another step towards closing the gap as well, however, buyer interest is still at an all time high and seemingly more active. Ultimately, things are bound to cool off, even for a short time over the holiday's, and it will be interesting to see what 2019 has in store for our fair city. Stay tuned to the blog to stay on top of it all! Thanks for stopping by! The Weekly Adogtable The Weekly Adogtable! Meet Pipsqueak. Such a sweetheart! Her perfect day would be a few walks, lots of back scratches, lounging in her bed or sitting next to you on the coach. She is approaching her senior years so will not require much other than your affection. This "cuddly companion" is available through the NSSPCA, 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 November 29th - December 6th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 146 (147, 167, 202, 268) *246 Sold: 114 (98, 104, 99, 111) *116 Sale To Listing Ratio: 78% (67%, 62%, 49%, 41%) *47% Price Changes: 76 (73, 113, 101, 126) *116 Listings that went conditional/pending: 96 (109, 128, 134, 147) *103 Expired/Cancelled/Withdrawn: 208 (75, 96, 100, 203) *341 Total Active Halifax/Dartmouth Inventory: 3,493 (3,622, 3,645, 3,704, 3,732) +3,836 Absorption Rate in weeks: 34 (35, 34, 33, 31) *31 Single Family Home Stats Active Single Family Home: 1,886 (1,975, 1,990, 2,042, 2,078) *2,119 Average Single Family Home List Price: $319,993 ($342k,$320k,$329k,$336k) *$306k Average Single Family Home Selling Price: $309,539 ($335k,$310k,$320k,$321k) *$296k Single Family Home Sale to List Ratio This Week: 97% (98%, 97%, 97%, 96%) *97% Median Single Family Home List Price (6 mo): $284,900 ($287k,$285k,$289k,$289k)*$279k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 70 (85, 101, 115) *94 Condo Stats Active Condos: 289 (333, 338, 312, 318, 313) *374 Average Condo Listing Price: $276,900 ($240k, $221k, $286k, $253k) *$257k Average Condo Selling Price: $262,252 ($235k, $217k, $281k, $246k) *$247k Condo Sale to List Ratio This Week: 95% (98%, 98%, 98%, 97%) 96% Median Condo List Price (6 mo): $229,900 ($230k, $231k, $235k, $233k) *$246k Median Condo Sold Price (6 mo): $225,000 ($225k, $225k, $225k, $225k) *$239k Average Days on Market Condos: 84 (64, 57, 51, 87) *65 Active Vacant Lots: 1,011 (1,031, 1,034, 1,031, 1,023) *958 Market Rant For such an active market, there was certainly quite a few listings that had to expire or pull from the market this week, which is definitely not helping out those buyers still looking for their property. Most properties currently on the market are leftovers from the summer/fall market, and there’s usually a reason those get left behind for things like price and/or condition. Location also plays a part, but in the HRM, anything priced right is still moving. As we approach Christmas we will hit the lowest selection of inventory of the year. Things usually pick up right afterwards for a short surge in Jan/Feb, then dies off again for a couple months due to peak winter weather. Inventory has been an a bit finicky this year though. Lots of buyers, but the property additions to the market have been below average, creating the current balanced/seller’s market we are currently in. Anything remotely priced accordingly, and in good condition are being snapped up, so it’s important a constant watch on the areas of interest. Sellers to this market are likely being surprised by the amount of activity they are receiving for the time of year, but the question is; how will 2019 take this momentum? YOu'll have to stay tuned to the blog to find out! Thanks for stopping by! The Weekly Adogtable! Hi my name is Paris and I am a two year old American bully (bulldog) princess. I am an adoptable dog with the good bones dog rescue . I am completely deaf but my foster mom has taught me some sign commands and I have caught on fast but need practice outside with distractions. I am fully vetted and absolutely irresistible. I will need a human with patience because I am special and someone with bully experience would be best. No apts or condos for me because I use my cute little bark to communicate and gain your attention. Kids are okay as long as 6+ only because she is very muscular and solid. A fenced yard would be perfect so I can play and run freely. I can run fast even with my short legs. I would absolutely love to be the only pet in my house because I am a princess. I will share my bed, toys, treats and food with dogs but in no way am I letting another dog steal my mom. I will chase you away. Right now I have dog friends (a lab and golden retriever) that I walk and play chase with . Dog friends outside my castle are fine but I don’t want you moving in. Deal? I rush to meet doggie friends, because I am so excitable outside, so that can be intimidating. No offleash for me as I chase leaves or anything that catches my eye and since I am deaf I won’t hear you calling me back. I am very short and muscular (quite the little tank) so I could inadvertently knock a little person over with my uncoordinated running style. I have quite a bit of energy to burn before spending time inside and I love the outdoors. I could walk all day . In the house I like training sessions and stimulating toys so I don’t get bored. Did I mention I absolutely love cuddling? This "cuddly companion" is available through Good Bones Dog Rescue, 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 November 23rd - 29th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 147 (167, 202, 268, 233) *191 Sold: 98 (104, 99, 111, 121) *134 Sale To Listing Ratio: 67% (62%, 49%, 41%, 50%) *70% Price Changes: 73 (113, 101, 126, 165) *107 Listings that went conditional/pending: 109 (128, 134, 147, 140) *127 Expired/Cancelled/Withdrawn: 75 (96, 100, 203, 281) *105 Total Active Halifax/Dartmouth Inventory: 3,622 (3,645, 3,704, 3,732, 3,731) +4,057 Absorption Rate in weeks: 35 (34, 33, 31, 31) *32 Single Family Home Stats Active Single Family Home: 1,975 (1,990, 2,042, 2,078, 2,089) *2,256 Average Single Family Home List Price: $342,100 ($320k,$329k,$336k,$292k) *$319k Average Single Family Home Selling Price: $335,211 ($310k,$320k,$321k,$281k) *$311k Single Family Home Sale to List Ratio This Week: 98% (97%, 97%, 96%, 96%) *97% Median Single Family Home List Price (6 mo): $286,450 ($285k,$289k,$289k,$289k)*$279k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$280k)*$270k Average Days on Market Single Family Home: 82 (85, 101, 115, 63) *90 Condo Stats Active Condos: 333 (338, 312, 318, 313, 315) *399 Average Condo Listing Price: $240,950 ($221k, $286k, $253k, $287k) *$262k Average Condo Selling Price: $234,975 ($217k, $281k, $246k, $277k) *$231k Condo Sale to List Ratio This Week: 98% (98%, 98%, 97%, 96%) 88% Median Condo List Price (6 mo): $230,000 ($231k, $235k, $233k, $230k) *$245k Median Condo Sold Price (6 mo): $225,000 ($225k, $225k, $225k, $224k) *$236k Average Days on Market Condos: 64 (57, 51, 87, 155) *83 Active Vacant Lots: 1,031 (1,034, 1,031, 1,023, 1,027) *1,016 Market Rant The inventory reductions continue again this week, even if slightly, and new additions hit below average as we continue our trudge into the cold season. As a matter of fact, all activity is slightly lower than average again this week, including overall sales and properties that received and accepted offers. Could just be the adjustment to getting out in this unseasonably cold weather, or maybe the stats are trending in a different direction. Hard to tell right now, and using this Fall market history is a bit tuff since the reports have been so hot and cold. What else is down, however, are the usually high performing numbers if the market is taking a turn. Stats like the expired/cancelled pile and price changes are usually at a peak performance when inventory is stuck in a rut, but these are also reporting below average. With all the above considered, you could likely just pass it off as yet another soft week, but then you see the absorption rate, which climbed again this week and took a stride on this time last year, which makes you wonder. Hopefully the indication of trend or anomaly emerges soon, so stay tuned to the blog to see the conclusion! Thanks for stopping by! The Weekly Adogtable! Meet Chuck! Weight: 48 lbs. Up to date on vaccines, De wormed, On Flea / tick medications. Can touch him all over when crated: barks, excited greeting (barks), when given food eats immediately Good with dogs: excited, playful outgoing disposition outgoing with strangers protective in presence of food pulls a lot on leash knows commands: sit vocal No cats but wont hurt just torments them barking at them. He's very kind with people, but excited. Testing has proven no resource guarding with food nor toys. This "cuddly companion" is available through Good Bones Dog Rescue, 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 November 15th - 23rd, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 167 (202, 268, 233, 225) *200 Sold: 104 (99, 111, 121, 117) *115 Sale To Listing Ratio: 62% (49%, 41%, 50%, 52%) *56% Price Changes: 113 (101, 126, 165, 118) *114 Listings that went conditional/pending: 128 (134, 147, 140, 128) *133 Expired/Cancelled/Withdrawn: 96 (100, 203, 281, 101) *138 Total Active Halifax/Dartmouth Inventory: 3,645 (3,704, 3,732, 3,731, 3,884) +4,102 Absorption Rate in weeks: 34 (33, 31, 31, 31) *33 Single Family Home Stats Active Single Family Home: 1,990 (2,042, 2,078, 2,089, 2,181) *2,307 Average Single Family Home List Price: $319,781 ($329k,$336k,$292k,$305k) *$347k Average Single Family Home Selling Price: $310,093 ($320k,$321k,$281k,$295k) *$331k Single Family Home Sale to List Ratio This Week: 97% (97%, 96%, 96%, 97%) *95% Median Single Family Home List Price (6 mo): $284,950 ($289k,$289k,$289k,$290k)*$279k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$280k,$282k)*$270k Average Days on Market Single Family Home: 85 (101, 115, 63, 49) *77 Condo Stats Active Condos: 338 (312, 318, 313, 315, 317) *393 Average Condo Listing Price: $220,628 ($286k, $253k, $287k, $262k) *$226k Average Condo Selling Price: $216,466 ($281k, $246k, $277k, $253k) *$217k Condo Sale to List Ratio This Week: 98% (98%, 97%, 96%, 96%) 96% Median Condo List Price (6 mo): $231,250 ($235k, $233k, $230k, $230k) *$246k Median Condo Sold Price (6 mo): $225,000 ($225k, $225k, $224k, $221k) *$239k Average Days on Market Condos: 57 (51, 87, 155, 101) *144 Active Vacant Lots: 1,034 (1,031, 1,023, 1,027, 1,064) *1,002 Market Rant Yet another ho-hum week on the market. Listings are still trickling in, although, reported much lower than annual averages, and most other stats also quite par for the time of year. One of the call outs of the week is the absorption rate. While most of the year leaned favour in the 2018 market year direction, this week actually reported higher than last year at this time. I fell like it has been a long time coming though. Since the almost full-stop of activity that happened in September, the market has had its weeks of surging activity since then, but was also followed by a complete fall off the next. It's certainly been a hot and cold, back and forth Fall market, except of course those areas of the region that are still enjoying a sellers market. A few more months of this continued activity, and that environment is sure to change. Thanks for stopping by! The Weekly Adogtable! Meet Loly! 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. This "cuddly companion" is available through Homeward Bound City Pound, 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 November 8th - 15th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 202 (268, 233, 225, 283) *223 Sold: 99 (111, 121, 117, 141) *135 Sale To Listing Ratio: 49% (41%, 50%, 52%, 50%) *61% Price Changes: 101 (126, 165, 118, 124) *136 Listings that went conditional/pending: 134 (147, 140, 128, 140) *130 Expired/Cancelled/Withdrawn: 100 (203, 281, 101, 129) *130 Total Active Halifax/Dartmouth Inventory: 3,704 (3,732, 3,731, 3,884, 3,889) +4,142 Absorption Rate in weeks: 33 (31, 31, 31, 28) *32 Single Family Home Stats Active Single Family Home: 2,042 (2,078, 2,089, 2,181, 2,163) *2,492 Average Single Family Home List Price: $328,840 ($336k,$292k,$305k,$327k) *$302k Average Single Family Home Selling Price: $320,182 ($321k,$281k,$295k,$317k) *$290k Single Family Home Sale to List Ratio This Week: 97% (96%, 96%, 97%, 97%) *96% Median Single Family Home List Price (6 mo): $288,500 ($289k,$289k,$290k,$290k)*$280k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$280k,$282k,$283k)*$270k Average Days on Market Single Family Home: 101 (115, 63, 49, 71) *73 Condo Stats Active Condos: 312 (318, 313, 315, 317, 321) *397 Average Condo Listing Price: $286,000 ($253k, $287k, $262k, $235k) *$213k Average Condo Selling Price: $281,207 ($246k, $277k, $253k, $228k) *$208k Condo Sale to List Ratio This Week: 98% (97%, 96%, 96%, 97%) 98% Median Condo List Price (6 mo): $234,900 ($233k, $230k, $230k, $225k) *$249k Median Condo Sold Price (6 mo): $225,000 ($225k, $224k, $221k, $220k) *$240k Average Days on Market Condos: 51 (87, 155, 101, 125) *76 Active Vacant Lots: 1,031 (1,023, 1,027, 1,064, 1,080) *1,003 Market Rant Have we hit a ceiling, or is it just the time of year? That is the question many in the industry have pondered this week, including me! I want to say that annual trend has lead us here, and there really should be no surprise regarding the environment we find ourselves in, but there seems to be something else afoot. Usually, buyer activity wains around this time, but we still have a good surplus of buyers out there looking for properties that just aren't coming. That, or the listings that do come to market, especially on the peninsula, have come at a premium price forcing buyers to turn away on principal alone. Nova Scotia isn't an Ontario or British Columbia market by any means, and history would show that people here are not about to get wrapped up in the boom bust type market of such metropolises. If that means waiting out the storm of high prices, most are willing to wait, but some unfortunately cannot. I have talked before about people who were caught with the 2011/12 market, and it has become quite the bitter pill to swallow for buyers in that time who overpaid, now years later. There seems to be sellers testing the market at a premium to see if anyone bites, and those are the most dangerous for buyers to bite on, especially if they don't have someone who can help them navigate the market. Can't blame sellers though, the rule of thumb is to buy low and sell high, and that is just what this market has provided at this point. We will see how long it lasts, but it does seem like the wind is out of the sails this week. Thanks for stopping by, and don't forget, if you have any questions I'm just a call or click away. Thanks for stopping by! The Weekly Adogtable! Meet Mallick! Dog friendly with good bones once he can get his energy out. Energetic. Can be destructive if bored and not exercised enough so strong chew toys needed. Pulls on leash so needs a harness.Counter surfs. Playful. glutton w/ food. Loves to play ball. Enjoys going on walks. Really loves kids. Seems to be friendly w/ other dogs but excitable. Would need a tolerant and stable adult dog to teach him how to tailor his play somewhat. No cats because he growled at one yet, his former owner said he lived with one. Has skin allergies ( food related). Testing has proven no resource guarding with food nor toys. This "cuddly companion" is available through Homeward Bound City Pound, 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 November 1st - 8th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 268 (233, 225, 283, 227) *214 Sold: 111 (121, 117, 141, 108) *123 Sale To Listing Ratio: 41% (50%, 52%, 50%, 48%) *58% Price Changes: 126 (165, 118, 124, 173) *179 Listings that went conditional/pending: 147 (140, 128, 140, 157) *138 Expired/Cancelled/Withdrawn: 203 (281, 101, 129, 88) *144 Total Active Halifax/Dartmouth Inventory: 3,732 (3,731, 3,884, 3,889, 3,881) +4,165 Absorption Rate in weeks: 31 (31, 31, 28, 26) *33 Single Family Home Stats Active Single Family Home: 2,078 (2,089, 2,181, 2,163, 2,171) *2,511 Average Single Family Home List Price: $335,567 ($292k,$305k,$327k,$318k) *$286k Average Single Family Home Selling Price: $321,341 ($281k,$295k,$317k,$307k) *$275k Single Family Home Sale to List Ratio This Week: 96% (96%, 97%, 97%, 96%) *96% Median Single Family Home List Price (6 mo): $288,900 ($289k,$290k,$290k,$280k)*$280k Median Single Family Home Sold Price (6 mo):$280,000 ($280k,$282k,$283k,$283k)*$270k Average Days on Market Single Family Home: 115 (63, 49, 71, 81) *80 Condo Stats Active Condos: 318 (313, 315, 317, 321, 319) *403 Average Condo Listing Price: $253,236 ($287k, $262k, $235k, $225k) *$192k Average Condo Selling Price: $245,771 ($277k, $253k, $228k, $222k) *$185k Condo Sale to List Ratio This Week: 97% (96%, 96%, 97%, 99%) 96% Median Condo List Price (6 mo): $233,150 ($230k, $230k, $225k, $227k) *$249k Median Condo Sold Price (6 mo): $225,000 ($224k, $221k, $220k, $220k) *$240k Average Days on Market Condos: 87 (155, 101, 125, 149) *88 Active Vacant Lots: 1,023 (1,027, 1,064, 1,080, 1,045) *1,008 Market Rant Even with that inventory slide we saw last week, the levels pretty much balanced off, which is different from the usual week after bounce back. Just an indicator that annual trend is in full swing. Surprisingly, there was an above average amount of new listings this week, and not so surprising is that they were met with fewer buyers for the time of year. Still, buyer activity remains in full sprint mode, as many are still attempting to get into their new digs before the new year is out, and with only a few more weeks until Christmas, the game is on! Values overall remained steady this week, and so too is the absorption rate, which evened out after a drastic freewill a few weeks back. This weekend, the Remembrance Day weekend, is usually a low point for the years activity, second only to Christmas. Rightly so, since taking the time to remember the people directly involved with preserving our freedom, who paid the ultimate sacrifice for that freedom, should supersede most activities that day. Thanks for stopping by!  Sunday is Remembrance Day across Canada, and I would encourage every Canadian to get out and attend one of the many ceremonies across the city, which can be found HERE. Still not sure where to go and when to be there? Simply head to your closest Canadian Legion by 10:30am on the 11th to take in the day. The Weekly Adogtable! Meet Kane! A laid back boy, Kane is looking for a family with the perfect couch for him to lounge on. Put on the TV and take a seat beside him, he's sure to enjoy the time spent with his new family. Kane would prefer to be the king of the home - due to lack of socializing in his early years, he'd thrive in a setting where he doesn't need to share his space with other animals. He does well meeting dogs on walks, but doesn't quite understand how to play respectfully. Obedience classes would be a great idea for this guy, as it helps build a strong relationship and will teach him the ins and outs and being a good boy. Kane would do best in a home: With kids over the age of 5 Without other animals Any activity level, keeping in mind he's not overly active This "cuddly companion" is available through Homeward Bound City Pound, 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 October 25th - November 1st, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 244 (225, 283, 227, 272) *237 Sold: 121 (117, 141, 108, 138) *121 Sale To Listing Ratio: 50% (52%, 50%, 48%, 51%) *51% Price Changes: 165 (118, 124, 173, 174) *148 Listings that went conditional/pending: 140 (128, 140, 157, 154) *140 Expired/Cancelled/Withdrawn: 281 (101, 129, 88, 274) *337 Total Active Halifax/Dartmouth Inventory: 3,731 (3,884, 3,889, 3,881, 3,894) +4,227 Absorption Rate in weeks: 31 (31, 28, 26, 25) *33 Single Family Home Stats Active Single Family Home: 2,089 (2,181, 2,163, 2,171, 2,186) *2,562 Average Single Family Home List Price: $292,331 ($305k,$327k,$318k,$346k) *$286k Average Single Family Home Selling Price: $281,278 ($295k,$317k,$307k,$338k) *$274k Single Family Home Sale to List Ratio This Week: 96% (97%, 97%, 96%, 98%) *96% Median Single Family Home List Price (6 mo): $288,850 ($290k,$290k,$280k,$290k)*$275k Median Single Family Home Sold Price (6 mo):$280,000 ($282k,$283k,$283k,$283k)*$265k Average Days on Market Single Family Home: 63 (49, 71, 81, 70) *78 Condo Stats Active Condos: 313 (315, 317, 321, 319, 329) *394 Average Condo Listing Price: $286,800 ($262k, $235k, $225k, $244k) *$262k Average Condo Selling Price: $276,487 ($253k, $228k, $222k, $238k) *$257k Condo Sale to List Ratio This Week: 96% (96%, 97%, 99%, 97%) 98% Median Condo List Price (6 mo): $229,900 ($230k, $225k, $227k, $230k) *$249k Median Condo Sold Price (6 mo): $223,500 ($221k, $220k, $220k, $221k) *$240k Average Days on Market Condos: 155 (101, 125, 149, 112) *107 Active Vacant Lots: 1,027 (1,064, 1,080, 1,045, 1,043) *1,023 Market Rant From a fairly fast slip, the absorption rate has levelled out after quite the show, for this week anyways. It's still rather impressive that we have gained 6 additional weeks in such a short time, but the market, much like the weather, seems to have cooled rather quickly in the early Fall so it was almost expectant. The first half of November is usually a rather slow time, with a combination of expiring listings, lack of buyer interest, and a vacancy as we approach Remembrance Day. Not much of a pick-up after that usually either, as the approach to Christmas sees a further decline in activity. Have no fear though, things usually get right back on track and starts right back up again in the new year! I dare say, there are still segments of the market seeing significant activity levels, and until this buyer bulge has been fed it will continue. If these demands have not been met by the new year, and the demand is just as great, we can expect to see a market even hotter in areas than they were this year. Not good news for buyers in these areas, but it may leave some sellers licking their chops in anticipation. Interesting times indeed! Stay tuned to the blog to stay on top of all things Halifax real estate! Thanks for stopping by, and don't forget to hit the like button below! The Weekly Adogtable! Bellamy is looking for an active family that will help him in becoming the best dog ever. He's charming, playful, eager to please and would benefit from leadership and structure in his forever home. In no time, he'll be a great walking buddy, a cuddler and he will be begging you to go outside to toss the ball around with him. Bellamy's ideal home: - With children over the age of 12 - With or without other dogs - Registration in obedience classes required upon adoption - he needs to learn manners with playing, walking and greeting people. This "cuddly companion" is available through Homeward Bound City Pound, 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 October 18th - 25th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 225 (283, 227, 272, 285) *249 Sold: 117 (141, 108, 138, 174) *136 Sale To Listing Ratio: 52% (50%, 48%, 51%, 61%) *55% Price Changes: 118 (124, 173, 174, 172) *195 Listings that went conditional/pending: 128 (140, 157, 154, 164) *158 Expired/Cancelled/Withdrawn: 101 (129, 88, 274, 127) *112 Total Active Halifax/Dartmouth Inventory: 3,884 (3,889, 3,881, 3,894, 4,030) +4,438 Absorption Rate in weeks: 31 (28, 26, 25, 27) *34 Single Family Home Stats Active Single Family Home: 2,181 (2,163, 2,171, 2,186, 2,258) *2,687 Average Single Family Home List Price: $305,246 ($327k,$318k,$346k,$308k) *$292k Average Single Family Home Selling Price: $294,854 ($317k,$307k,$338k,$299k) *$282k Single Family Home Sale to List Ratio This Week: 97% (97%, 96%, 98%, 97%) *97% Median Single Family Home List Price (6 mo): $289,900 ($290k,$280k,$290k,$290k)*$275k Median Single Family Home Sold Price (6 mo):$282,250 ($283k,$283k,$283k,$282k)*$267k Average Days on Market Single Family Home: 49 (71, 81, 70, 53) *99 Condo Stats Active Condos: 315 (317, 321, 319, 329, 328) *402 Average Condo Listing Price: $262,400 ($235k, $225k, $244k, $213k) *$245k Average Condo Selling Price: $253,000 ($228k, $222k, $238k, $206k) *$233k Condo Sale to List Ratio This Week: 96% (97%, 99%, 97%, 97%) 95% Median Condo List Price (6 mo): $229,900 ($225k, $227k, $230k, $230k) *$245k Median Condo Sold Price (6 mo): $221,000 ($220k, $220k, $221k, $221k) *$240k Average Days on Market Condos: 101 (125, 149, 112, 79) *125 Active Vacant Lots: 1,064 (1,080, 1,045, 1,043, 1,071) *1,193 Market Rant The good news is that there hasn't been a significant change of overall activity, the bad news is that one of the important market indicators is rising at an alarming pace; the absorption rate. It's quite typical for this statistic to slowly increase as the market heads towards the slow season, but we have gained six weeks in a short span of three, It usually takes a few weeks to confirm market change, or to see if that weekly report was just an anomaly, but it's looking like we are on pace to slow down to last years tempo. If you compare last year to this one, you will see stats that are starting to get closer and closer as the weeks go on. I've been eyeing the inventory levels over the year, and have noticed a gap closing trend beginning in the Summer, but we are quite ahead this year. Now, we are still a far cry from last years market (which wasn't that bad actually), and every market has its ups and downs. the 2018 market year has been a good one in most aspects, so it shouldn't be that much of a surprise that things have to move in the opposite direction sometimes. Makes for a balanced market, which is ideal for both buyer and seller. See how the rest of the year turns out by tuning into the blog often! Thanks for stopping by, and don't forget to hit the "like" button at the bottom of the post! The Weekly Adogtable! Meet Diego! Found stray Male +/- 1 year old. Will be neutered shortly. Vaccinated. Needs time and patience, acts like a puppy Nervous in a new environment, smells everything. OK with touching all ove.r Excited and maybe dominant w/ other dogs. Gobbles food so needs a slow release bowl and does not like anyone to bother him when he eats. Jumps a lot .Energetic. Knows basic commands. Pulls on leash. Has an ear infection. On treatment. This "cuddly companion" is available through Homeward Bound City Pound, 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 30 & 32 Parkhill Road, HalifaxRare opportunity in one of Halifax’s most desirable neighbourhoods awaits! Here is your chance to own two stunning turn-key properties located on two sizeable lots, backing onto Sir Sandford Fleming Park in sought after Jollimore. 32 Parkhill Rd is a lovingly reconstructed 4 bedroom, 2-storey home, while 30 Parkhill is a cozy 1 bed, 1 bath bungalow that has ton’s of potential. Perfect setup for those with extended family, or for those looking to add to, or start their investment portfolio. Walking distance to The Dingle Park, which includes trails, beaches, and recreation, but also situated in a desirable schooling district, and close to all amenities. Opportunities like this do not come by often, call today for your personal tour before it passes by. Jeremiah 902-579-7653 Full details can also 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 October 11th - 18th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 283 (227, 272, 285, 280) *227 Sold: 141 (108, 138, 174, 167) *126 Sale To Listing Ratio: 50% (48%, 51%, 61%, 60%) *56% Price Changes: 124 (173, 174, 172, 163) *196 Listings that went conditional/pending: 140 (157, 154, 164, 176) *158 Expired/Cancelled/Withdrawn: 129 (88, 274, 127, 111) *133 Total Active Halifax/Dartmouth Inventory: 3,889 (3,881, 3,894, 4,030, 4,026) +4,450 Absorption Rate in weeks: 28 (26, 25, 27, 28) *34 Single Family Home Stats Active Single Family Home: 2,163 (2,171, 2,186, 2,258, 2,283) *2,693 Average Single Family Home List Price: $326,863 ($318k,$346k,$308k,$303k) *$282k Average Single Family Home Selling Price: $316,608 ($307k,$338k,$299k,$295k) *$283k Single Family Home Sale to List Ratio This Week: 97% (96%, 98%, 97%, 97%) *97% Median Single Family Home List Price (6 mo): $289,900 ($280k,$290k,$290k,$290k)*$275k Median Single Family Home Sold Price (6 mo):$283,000 ($283k,$283k,$282k,$283k)*$268k Average Days on Market Single Family Home: 71 (81, 70, 53, 56) *73 Condo Stats Active Condos: 317 (321, 319, 329, 328, 330) *401 Average Condo Listing Price: $234,775 ($225k, $244k, $213k, $323k) *$235k Average Condo Selling Price: $227,847 ($222k, $238k, $206k, $314k) *$223k Condo Sale to List Ratio This Week: 97% (99%, 97%, 97%, 97%) 95% Median Condo List Price (6 mo): $225,000 ($227k, $230k, $230k, $230k) *$245k Median Condo Sold Price (6 mo): $220,000 ($220k, $221k, $221k, $221k) *$235k Average Days on Market Condos: 125 (149, 112, 79, 105) *118 Active Vacant Lots: 1,080 (1,045, 1,043, 1,071, 1,067) *1,103 Market Rant Is there finally a crack in the veneer, or are we in full swing of the Fall market decline? I would lean towards the latter since its been a great market year so far, but I can acknowledge that there does seem to be an activity wane from the last few weeks. Still, we are reporting better than last year at this time, which was reporting better than several years up to that point, so we are still in good shape. Inventory gained a touch this week, but that can be attributed to a bulk of vacant land that hit the market, as the other tracked products both took reductions. Not surprising that the absorption rate edged up a couple weeks, with average-low sales and consistent listing additions, but again, it is well off last years mark, and that's a good thing. So, it might be an average week, and things might be slowing down, but this is the trend for this time of year so there is no cause for alarm. Usually, this time of year is even sleepier than this, but there are still pockets of communities and price points that have yet to feel it. Interesting times indeed. Make sure to check in and stay on top of our ever changing market landscape! Thanks for stopping by, and don't forget to hit the LIKE button at the bottom of the post! The Weekly Adogtable! Meet Sam. He needs a neuter and chip on us) Age: 1-2 years old Vaccinated Crate trained. Well socialized w/ humans Loves attention and you can touch him all over. No resource guarding. Takes treats gently. Playful w/ female dogs and prefers them over males. Cats unknown. Energetic, Knows basic command: sit Pulls a bit on leash. Not recommended w/ small children as he is strong and may accidentally knock them over. This "cuddly companion" is available through Homeward Bound City Pound, 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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