Halifax (HRM) Residential Market Statistic Update for the Week of  September 22nd - 29th, 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 278  (378, 273, 252, 306) *553
Sold:  141  (135, 132, 85, 132) *129
Sale To Listing Ratio: 51% (36%, 48%, 34%, 43%) *23%
Price Changes: 229  (215, 250, 167, 210) *295
Listings that went conditional/pending: 144 (158, 117, 124, 147)  *145
Expired/Cancelled/Withdrawn:  130 (133, 286, 286, 302) *321
Total Active Halifax/Dartmouth Inventory:  5,368 (5,378, 5,296, 5,233, 5,260) *5,729
Absorption Rate in weeks:  44 (45, 42, 41, 37)  *46

Single Family Home Stats
Active Single Family Home: 3,433  (3,449, 3,430, 3,388, 3,426) *3,869
Average Single Family Home List Price:  $344,410 ($297k, $306k, $332k, $283k) *$290k
Average Single Family Home Selling Price:   $323,025 ($285k, $296k, $320k)  *$280k
Single Family Home Sale to List Ratio This Week: 94%  (96%, 97%, 96%, 96%) *96%
Median Single Family Home List Price: $282,200 ($266k, $279k, $290k, $260k) *$282k
Median Single Family Home Sold Price: $267,000 ($255k, $270k, $283k, $245k) *$257k
Average Days on Market Single Family Home: 96 (103, 98, 97, 94) *157

Condo Stats
Active Condos:  477 (476, 478, 477, 479) *474
Average Condo Listing Price:  $315,199 ($274k, $309k, $217k, $267k) *$291k
Average Condo Selling Price: $310,990 ($263k, $299k, $211k, $257k) *$280k
Condo Sale to List Ratio This Week: 98% (97%, 97%, 97%, 96%) *96%
Median Condo List Price: $304,900 ($222k, $312k, $200k, $250k,) *233k
Median Condo Sold Price: $303,000 ($215k, $310k, $180k, $244k) *225k
Average Days on Market Condos: 81 (121, 66, 116, 77) *150

Active Vacant Lots: 1,167 (1,168, 1,112, 1,098, 1,090) *1,083

As you may or may not be aware, Quebec has implemented BSL for "Bully" breed types, which has caused many lovers of the breed to speak up and become the "voice of the voiceless", including the SPCA who vows to halt dog services there should the complete ban happen. Some of our local rescues have already made an effort to contact shelters in Quebec to make arrangements for any displaced pups that might find themselves away from their families, and others are on stand-by ready to step in should the call come. It's truly a sad implementation, as the thought of this legislation coming to Nova Scotia (which if this keeps getting passed across Canada, it's only a matter of time) brings the matter home, as I have two of my own (biggest babies you'll ever meet). There is an organized rally this Saturday at 2pm at Grand Parade for anyone interested in participating. Details can be found HERE. There is also a petition HERE which is getting close to it's goal, maybe a couple more would help ;)

WEEKLY ADOPTABLE
​
Ralph is a big goofy boy who is hoping to find his new furrever home. He's quite the energetic dog that would benefit from consistent exercise, but he's always up for some snuggles! We are recommending a home without other animals for Ralph; he has met a few dogs here and shows a lot of dominance. He was neutered with us, so after those hormones calm down and with some training he should come along nicely and make some doggy friends. Ralph's owners will need to enrol him in obedience classes before taking him home, he needs a few more manners! Kids over the age of 12 for this guy; he's a big boy with lots of love to give, but sometimes doesn't know his own strength. Come on in and meet 'Wreck it Ralph' today! 

This "cuddly companion" is available through the Dartmouth SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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! 

Halifax (HRM) Residential Market Statistic Update for the Week of  September 15th - 22nd, 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 378  (273, 252, 306, 228) *326
Sold:  135  (132, 85, 132, 153) *128
Sale To Listing Ratio: 36% (48%, 34%, 43%, 67%) *39%
Price Changes: 215  (250, 167, 210, 215) *289
Listings that went conditional/pending: 158 (117, 124, 147, 148)  *140
Expired/Cancelled/Withdrawn:  133 (286, 286, 302, 115) *172
Total Active Halifax/Dartmouth Inventory:  5,378 (5,296, 5,233, 5,260, 5,377) *5,841
Absorption Rate in weeks:  45 (42, 41, 37, 38)  *48

Single Family Home Stats
Active Single Family Home: 3,449  (3,430, 3,388, 3,426, 3,531) *3,935
Average Single Family Home List Price:  $296,621 ($306k, $332k, $283k, $316k) *$267k
Average Single Family Home Selling Price:   $284,802 ($296k, $320k, $273k)  *$256k
Single Family Home Sale to List Ratio This Week: 96%  (97%, 96%, 96%, 96%) *96%
Median Single Family Home List Price: $266,000 ($279k, $290k, $260k, $265k) *$259k
Median Single Family Home Sold Price: $254,900 ($270k, $283k, $245k, $260k) *$252k
Average Days on Market Single Family Home: 103 (98, 97, 94, 101) *82

Condo Stats
Active Condos:  476 (478, 477, 479, 490) *497
Average Condo Listing Price:  $274,195 ($309k, $217k, $267k, $340k) *$360k
Average Condo Selling Price: $263,434 ($299k, $211k, $257k, $330k) *$349k
Condo Sale to List Ratio This Week: 97% (97%, 97%, 96%, 97%) *97%
Median Condo List Price: $222,400 ($312k, $200k, $250k, $260k,) *236k
Median Condo Sold Price: $215,000 ($310k, $180k, $244k, $251k) *226k
Average Days on Market Condos: 121 (66, 116, 77, 96) *145

Active Vacant Lots: 1,168 (1,112, 1,098, 1,090, 1,087) *1,087

MARKET RANT
So i guess with the kids all tucked away into their respective grade levels, focus starts back on the real estate market? In an unusual turn of events, the overall inventory gained a decent amount, which isn't the norm for this time of year. Usually, Autumn carries the trend of decreasing inventory through it's months, then passes the torch to the Winter season, where it bottoms out for the year. Might be just an exchange of extremes as the ebb and flow continues, but seeing such a mix of activity this late in the market year definitely changes it up. Fall, in my opinion, has always been a great time of year to sell. Leftover inventory from the Spring is long gone, and the Summer challengers have excited the area, leaving any new entries a "hot ticket" of interest as Buyers yet to secure their abode stand ready to pounce on any hot deals in their areas of interest. Fall is starting off on an interesting foot, so stay tuned to keep up to date with all the developing details! Thanks for stopping by!

WEEKLY ADOPTABLE
​
Boo is a lovely female canine who has made her way to us all the way from Cape Breton! This well traveled pup would be best suited to a home with older children (16 yrs and older) who have some dog experience. Boo is a strong dog who would like to find an owner to help teach her how to walk properly on leash. 

If you would like to meet her feel free to stop into the shelter anytime during our business hours to take this fancy pup out for a walk. 

This "cuddly companion" is available through the Dartmouth SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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! 

Halifax (HRM) Residential Market Statistic Update for the Week of  September 8th - 15th, 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 273  (252, 306, 228, 306) *305
Sold:  132  (85, 132, 153, 142) *130
Sale To Listing Ratio: 48% (34%, 43%, 67%, 46%) *43%
Price Changes: 250  (167, 210, 215, 200) *337
Listings that went conditional/pending: 117 (124, 147, 148, 167)  *141
Expired/Cancelled/Withdrawn:  286 (286, 302, 115, 154) *179
Total Active Halifax/Dartmouth Inventory:  5,296 (5,233, 5,260, 5,377, 5,412) *5,835
Absorption Rate in weeks:  42 (41, 37, 38, 38)  *46

Single Family Home Stats
Active Single Family Home: 3,430  (3,388, 3,426, 3,531, 3,556) *3,933
Average Single Family Home List Price:  $306,094 ($332k, $283k, $316k, $278k) *$301k
Average Single Family Home Selling Price:   $295,718 ($320k, $273k, $302k)  *$290k
Single Family Home Sale to List Ratio This Week: 97%  (96%, 96%, 96%, 95%) *96%
Median Single Family Home List Price: $279,000 ($290k, $260k, $265k, $253k) *$262k
Median Single Family Home Sold Price: $270,000 ($283k, $245k, $260k, $243k) *$250k
Average Days on Market Single Family Home: 98 (97, 94, 101, 102) *118

Condo Stats
Active Condos:  478 (477, 479, 490, 502) *494
Average Condo Listing Price:  $308,820 ($217k, $267k, $340k, $207k) *$244k
Average Condo Selling Price: $298,930 ($211k, $257k, $330k, $199k) *$238k
Condo Sale to List Ratio This Week: 97% (97%, 96%, 97%, 96%) *97%
Median Condo List Price: $312,400 ($200k, $250k, $260k, $184k) *234k
Median Condo Sold Price: $309,950 ($180k, $244k, $251k, $180k) *225k
Average Days on Market Condos: 66 (116, 77, 96, 61) *144

Active Vacant Lots: 1,112 (1,098, 1,090, 1,087, 1,088) *1,093

MARKET RANT
So I guess this week of September didn't get the memo that inventory usually continues its decent into the Winter months, since all products decided to add volume this week! Sometimes there's a bit of an "ebb and flow" as we settle into the slower time of the market year, so I have no doubts that this is one of those "off shot" kind of weeks. New listing additions continue to report lower week over week, and now that beginning of school week has ended, stats are coming around to their normal selves. Activity has also improved this week, although, it didn't quite get the report that last year did, which is a little bit unsettling. Again, the ebb and flow of our unpredictable market comes and goes, is both predictable and not so, but it is guaranteed to keep you guessing which way things will go. You'll have to stay tuned to find out, and to keep a pulse on the market here in Halifax. Thanks for stopping by!

WEEKLY ADOPTABLE
​
Jojo is a very sweet and fun loving fella. He would be ideal in an active home where someone can put in the time to house train him and take him on adventures to the parks, hiking, or possibly swimming!

He has spent most of his life living outdoors and would love to learn how warm and cozy a home can be. With this though he will need someone understanding that will help teach him how to be an indoor doggy. 

A home with children 16 years of age or older is best for Jojo as he does have a good energy level and is still learning to keep his four feet on the ground.

To help his new family and him with adjusting to this new lifestyle obedience is mandatory upon adoption. 

If you would like to see this fella please stop into our shelter to meet him and take him out for a nice stroll.

This "cuddly companion" is available through the Dartmouth SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Halifax (HRM) Residential Market Statistic Update for the Week of  September 1st - 8th, 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 252  (306, 228, 306, 316) *302
Sold:  85  (132, 153, 142, 148) *109
Sale To Listing Ratio: 34% (43%, 67%, 46%, 47%) *36%
Price Changes: 167  (210, 215, 200, 259) *268
Listings that went conditional/pending: 124 (147, 148, 167, 164)  *128
Expired/Cancelled/Withdrawn:  286 (302, 115, 154, 115) *137
Total Active Halifax/Dartmouth Inventory:  5,233 (5,260, 5,377, 5,412, 5,421) *5,857
Absorption Rate in weeks:  41 (37, 38, 38, 38)  *45

Single Family Home Stats
Active Single Family Home: 3,388  (3,426, 3,531, 3,556, 3,570) *3,958
Average Single Family Home List Price:  $331,992 ($283k, $316k, $278k, $275k) *$297k
Average Single Family Home Selling Price:   $320,326 ($273k, $302k, $265k)  *$285k
Single Family Home Sale to List Ratio This Week: 96%  (96%, 96%, 95%, 95%) *96%
Median Single Family Home List Price: $289,900 ($260k, $265k, $253k, $240k) *$260k
Median Single Family Home Sold Price: $282,500 ($245k, $260k, $243k, $230k) *$250k
Average Days on Market Single Family Home: 97 (94, 101, 102, 90) *101

Condo Stats
Active Condos:  477 (479, 490, 502, 507) *501
Average Condo Listing Price:  $216,566 ($267k, $340k, $207k, $242k) *$241k
Average Condo Selling Price: $210,488 ($257k, $330k, $199k, $234k) *$233k
Condo Sale to List Ratio This Week: 97% (96%, 97%, 96%, 97%) *97%
Median Condo List Price: $199,900 ($250k, $260k, $184k, $210k) *225k
Median Condo Sold Price: $180,000 ($244k, $251k, $180k, $205k) *215k
Average Days on Market Condos: 116 (77, 96, 61, 65) *97

Active Vacant Lots: 1,098 (1,090, 1,087, 1,088, 1,072) *1,086

MARKET RANT
Bit of a mixed market this week. Activity has definitely slowed down as we enter the Fall market, but there's still some signs of life left. Both new listings and weekly sales fell short this week and buyer activity reported down as well, falling well below the 200's averagely reported over the Summer months. The change in activity has also caused a small spike in the absorption rate, which could be caused by the inventory levels not dropping as quickly as the activity. All in all it was a great Summer. Nice weather and a busy market. As projected, the impact of the first half of the year was felt across all products, with a healthy return to some aspects of the market that had sorely been missed, sales being one of them. The lower week to week listing additions have been a strange occurrence, and buyers were met with a change in the market that they may not have been expecting, the lack of variety. Still, there is lots to chose from, and it might just be making some buyers compromise on some aspects of their purchase. In any case, it's good to see products moving, and at a rate that's encouraging. Looking forward to the Fall market and all the unknowns it brings! Be sure to stay tuned to stay on top of it all! Thanks for stopping by!

WEEKLY ADOPTABLE
​
Strider is striking, young amstaff and is hoping to find a new furever home. Strider came in with his friend Autumn and we do believe they've been together for a while - but neither of them seem to be comfortable with other dogs. Ideally his new home with have no other doggies (unless it's Autumn) or cats, but he would do very well with children as he's quite calm. This handsome boy is pretty high stress, so his new family will have to test out various ways to relieve him of his anxieties. Whether it be lots of daily exercise, mental stimulation or some sort of doggy sport. Strider would be so happy to work for his treats and return will give you lots of love and affection. If you're interested in meeting Strider, come on by today!

This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Halifax (HRM) Residential Market Statistic Update for the Week of  August 25th - September 1st, 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New Listings: 306  (228, 306, 316, 305) *279
Sold:  132  (153, 142, 148, 123) *125
Sale To Listing Ratio: 43% (67%, 46%, 47%, 40%) *45%
Price Changes: 210  (215, 200, 259, 201) *266
Listings that went conditional/pending: 147 (148, 167, 164, 145)  *141
Expired/Cancelled/Withdrawn:  302 (115, 154, 115, 284) *293
Total Active Halifax/Dartmouth Inventory:  5,260 (5,377, 5,412, 5,421, 5,389) *5,830
Absorption Rate in weeks:  37 (38, 38, 38, 39)  *44

Single Family Home Stats
Active Single Family Home: 3,426  (3,531, 3,556, 3,570, 3,564) *3,938
Average Single Family Home List Price:  $283,407 ($316k, $278k, $275k, $305k) *$293k
Average Single Family Home Selling Price:   $272,605 ($302k, $265k, $262k)  *$278k
Single Family Home Sale to List Ratio This Week: 96%  (96%, 95%, 95%, 96%) *95%
Median Single Family Home List Price: $259,888 ($265k, $253k, $240k, $285k) *$260k
Median Single Family Home Sold Price: $245,000 ($260k, $243k, $230k, $274k) *$248k
Average Days on Market Single Family Home: 94 (101, 102, 90, 98) *104

Condo Stats
Active Condos:  479 (490, 502, 507, 493) *484
Average Condo Listing Price:  $267,129 ($340k, $207k, $242k, $241k) *$249k
Average Condo Selling Price: $257,207 ($330k, $199k, $234k, $232k) *$239k
Condo Sale to List Ratio This Week: 96% (97%, 96%, 97%, 97%) *96%
Median Condo List Price: $249,900 ($260k, $184k, $210k, $227k) *230k
Median Condo Sold Price: $244,250 ($251k, $180k, $205k, $222k) *223k
Average Days on Market Condos: 77 (96, 61, 65, 94) *97

Active Vacant Lots: 1,090 (1,087, 1,088, 1,072, 1,060) *1,097

MARKET RANT
It has been quite the Summer! The usually sleepy Summer market has proven to be much more active than initially anticipated... for Buyers anyways. Sellers have really taken a step back from the market it appears, as the entire year has seen fewer weekly additions than recent previous years have reported. This could be influenced by the previous years markets, as Sellers flooded the market without knowing their current market environment, so Sellers in todays market might be better prepared to face the current conditions. One could almost speculate that the worst of our down trend is in the past, but the Halifax market is anything but predictable. All signs are pointing to a more balanced market, with Buyer activity holding fast and new product additions listing more competitively (somewhat). With the school year starting, activity around this time of year almost screeches to a halt for a few weeks, but that doesn't mean in stops for everyone. There are still many Buyers out there looking for properties, and with the inventory rapidly decreasing, the lack of selection and availability is becoming  a real problem in some areas. Still, there does seem to be a lack of engagement from Buyers, but I can't help but think that some are waiting for the perfectly matched property that may never come? Buyer's mentality is "buyer's market", but that might not be quite accurate. Sure, it's still a "buyer's market", but not in some areas, and certainly not what it has been over the last few years. I know I will keep watching as things develop, so stay tuned and stay informed!

WEEKLY ADOPTABLE
Meet Nova. This sweet girl is just 7 months old.  Shes vaccinated, spayed and microchipped. She is dog friendly but NO cats, and also comes fully house broken. She is also on parasite control. She loves doggy daycare but would prefer in her forever home to be the only pet as she is an attention hound and gets jealous if tehr wis just her and one pet.

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Halifax (HRM) Residential Market Statistic Update for the Week of August 18th - August 25th 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New Listings: 228  (306, 316, 305, 294) *282
Sold:  153  (142, 148, 123, 156) *104
Sale To Listing Ratio: 67% (46%, 47%, 40%, 53%) *37%
Price Changes: 215  (200, 259, 201, 247) *291
Listings that went conditional/pending: 148 (167, 164, 145, 179)  *153
Expired/Cancelled/Withdrawn:  115 (154, 115, 284, 118) *129
Total Active Halifax/Dartmouth Inventory:  5,377 (5,4121, 5,421, 5,389, 5,519) *6,006
Absorption Rate in weeks:  38 (38, 38, 39, 39)  *48

Single Family Home Stats
Active Single Family Home: 3,531  (3,556, 3,570, 3,564, 3,637) *4,085
Average Single Family Home List Price:  $315,699 ($278k, $275k, $305k, $335k) *$306k
Average Single Family Home Selling Price:   $301,928 ($265k, $262k, $319k)  *$296k
Single Family Home Sale to List Ratio This Week: 96%  (95%, 95%, 96%, 95%) *97%
Median Single Family Home List Price: $264,900 ($253k, $240k, $285k, $280k) *$265k
Median Single Family Home Sold Price: $260,000 ($243k, $230k, $274k, $275k) *$263k
Average Days on Market Single Family Home: 101 (102, 90, 98, 86) *104

Condo Stats
Active Condos:  490 (502, 507, 493, 504, 495) *516
Average Condo Listing Price:  $339,488 ($207k, $242k, $241k, $235k) *$234k
Average Condo Selling Price: $329,988 ($199k, $234k, $232k, $227k) *$224k
Condo Sale to List Ratio This Week: 97% (96%, 97%, 97%, 97%) *96%
Median Condo List Price: $259,950 ($184k, $210k, $227k, $229k) *228k
Median Condo Sold Price: $250,500 ($180k, $205k, $222k, $225k) *219k
Average Days on Market Condos: 96 (61, 65, 94, 86) *77

Active Vacant Lots: 1,087 (1,088, 1,072, 1,060, 1,096) *1,088

MARKET RANT
Odd twist in the market this week as new listing additions drop below average, and single family home values return to the $300k range. New listings usually average in the high 200's around this time of year, but underlying influences have caused a bit of a slip. Because of solid Buyer activity (reporting 49 points above this time last year), the sales to list ratio this week takes the crown for the highest report so far this year. It's been an interesting Summer to say the least. The last few weeks of sales reports have raised a few eyebrows, with some folks curious about the sudden dip below the $300k mark for listing and sales reports. Values are closely watched, and even a couple of weeks of negative gain has a few market watchers a bit uneasy. As you all probably know, the market has an ebb and flow quality, and the last few weeks have demonstrated this point quite perfectly. I guess it might be a bit unnerving to watch the one stat that is usually the rock, the solid foundation that most other stats dance around while it remains true. Historically, values see a marginal gain year over year in Halifax, and I can't imagine that changing in the foreseeable future. Time will tell however, so stay tuned to stay on top of things here in Halifax! Thanks for stopping by!

WEEKLY ADOPTABLE
Handsome Knox, is looking to find a new home with a family looking to spoil him. At around 6 years old Knox is a larger boy who would do best in a home with children 16 years of age or older.

Obedience is optional for him as he does know some basic commands. 

Knox is a talker and would not do well in an apartment or condo.

This "cuddly companion" is available through the Dartmouth SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Halifax (HRM) Residential Market Statistic Update for the Week of August 11th - August 18th 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New Listings: 306  (316, 305, 294, 319) *282
Sold: 142  (148, 123, 156, 138) *104
Sale To Listing Ratio: 46% (47%, 40%, 53%, 43%) *37%
Price Changes: 200  (259, 201, 247, 289) *291
Listings that went conditional/pending: 167 (164, 145, 179, 167)  *153
Expired/Cancelled/Withdrawn:  154 (115, 284, 118, 119) *129
Total Active Halifax/Dartmouth Inventory:  5,411 (5,421, 5,389, 5,519, 5,528) *6,006
Absorption Rate in weeks:  38 (38, 39, 39, 39)  *48

Single Family Home Stats
Active Single Family Home: 3,556  (3,570, 3,564, 3,637, 3,670) *4,085
Average Single Family Home List Price:  $277,718 ($275k, $305k, $335k, $320k) *$306k
Average Single Family Home Selling Price:   $264,996 ($262k, $319k, $291k)  *$296k
Single Family Home Sale to List Ratio This Week: 95%  (95%, 96%, 95%, 96%) *97%
Median Single Family Home List Price: $252,450 ($240k, $285k, $280k, $275k) *$265k
Median Single Family Home Sold Price: $243,250 ($230k, $274k, $275k, $265k) *$263k
Average Days on Market Single Family Home: 102 (90, 98, 86, 96) *104

Condo Stats
Active Condos:  502 (507, 493, 504, 495, 483) *516
Average Condo Listing Price:  $207,250 ($242k, $241k, $235k, $273k) *$234k
Average Condo Selling Price: $198,888 ($234k, $232k, $227k, $264k) *$224k
Condo Sale to List Ratio This Week: 96% (97%, 97%, 97%, 97%) *96%
Median Condo List Price: $184,400 ($210k, $227k, $229k, $230k) *228k
Median Condo Sold Price: $179,750 ($205k, $222k, $225k, $225k) *219k
Average Days on Market Condos: 61 (65, 94, 86, 46) *77

Active Vacant Lots: 1,088 (1,072, 1,060, 1,096, 1,084) *1,088

MARKET RANT
Lazy Summer days seem to be taking ahold of the market this week, which is a typical trend for this time of year. Of note, buyer activity, which is reporting higher than last year at this time, and sales are trending much higher week over week then last year at this time as well continuing the solid sales to list ratio report. Price changes are reporting fewer this week than last year, but I would think that the lower inventory and more competitive pricing has something to do with that. Absorption rate held fast this week, and sales values reported lower than normal again, begging the question of if we are in the middle of a pricing correction here in Halifax, or if there has simply been more movement in the first time homebuyers and lower priced products categories. Things may be tapering off for the Summer, and I would anticipate that to carry into the first couple of weeks of September, buy it appears that buyers are carrying the momentum forward. Anxious to see how the fall report will turn out, as this year has definitely taken a few steps forward on the road to recovery so far. Ultimately, time will tell the full impact of the annual report. Thanks for stopping by!

WEEKLY ADOPTABLE
Oden is a high-energy amstaff that is searching for his new home! Oden is only approximately 10-months-old, and seems to be good with dogs, cats, and kids - he is jumpy and excitable so the parents would need to be okay with this. Oden has energy for DAYS and would love a very active home so he can develop into a strong, healthy adult. Oden doesn't have many manners yet, so obedience training is a MUST upon adoption. Oden also has some separation anxiety, so we're looking for a family that isn't gone for extended periods of time. If you are unable to be home for several hours a day, you will need to make sure he is comfortable at home and/or take the steps necessary to make him less reactive when left alone. If you're looking for a young pup to train and love, pop by and take Oden for a run today!​

This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Don't miss this rare opportunity to own this stunning, truly turn-key Executive 2-storey home situated in the highly desirable community of Russell Lake West. Pride of ownership beams throughout, and with every detail meticulously tended to, accented by over $45K in recent upgrades, there is nothing left to do other than move in and enjoy! Greeted by the welcoming foyer, you are quickly drawn to the finer details that enhance what this sizeable gem already has to offer. Gorgeous hardwood floors, soaring 9ft ceilings and upgraded trim package adorn the main level that boasts a bright and airy living room, elegant formal dining room, convenient powder room, and gourmet kitchen complete with granite countertops overlooking the open concept breakfast nook with direct access to the upper deck finishing with a spacious family room accented with a natural gas fireplace and oversized windows. The custom hardwood stairs take you to the second level where you will find four oversized bedrooms, easily accessible laundry, main bath and the generous sized master bedroom complete with walk-in closet, luxurious five piece ensuite bath with relaxing whirlpool tub, dual sinks and stand up shower. The lower walkout level completes the package with a huge recreation room, full bath, ample storage areas, extra bedroom, and functional multi-purpose room. Beat the Summer heat with air conditioning provided by your ductless heat-pumps, or bask in the rays on your massive two-level deck that overlooks the treed and fully fenced backyard. Short walking distance to recreation trails, groceries, pharmacies, shopping and amenities, plus a short commute to the city, this property has the whole package! Don’t let this one pass you by, call today for your personal tour and shortly you will be saying Welcome Home! 902.570.7653 or contact me for more details!

Halifax (HRM) Residential Market Statistic Update for the Week of August 4th - August 11th 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New Listings: 316  (305, 294, 319. 302) *357
Sold: 148  (123, 156, 138, 139) *143
Sale To Listing Ratio: 47% (40%, 53%, 43%, 46%) *40%
Price Changes: 259  (201, 247, 289, 290) *288
Listings that went conditional/pending: 164 (145, 179, 167, 171)  *162
Expired/Cancelled/Withdrawn:  115 (284, 118, 119, 105) *126
Total Active Halifax/Dartmouth Inventory:  5,421 (5,389, 5,519, 5,528, 5,494) *6,015
Absorption Rate in weeks:  38 (39, 39, 39, 37)  *44

Single Family Home Stats
Active Single Family Home: 3,570  (3,564, 3,637, 3,670, 3,665) *4,096
Average Single Family Home List Price:  $275,047 ($305k, $335k, $320k, 292k) *$320k
Average Single Family Home Selling Price:   $261,899 ($319k, $291k, $282k)  *$293k
Single Family Home Sale to List Ratio This Week: 95%  (96%, 95%, 96%, 97%) *92%
Median Single Family Home List Price: $239,900 ($285k, $280k, $275k, $275k) *$288k
Median Single Family Home Sold Price: $230,000 ($274k, $275k, $265k, $268k) *$269k
Average Days on Market Single Family Home: 90 (98, 86, 96, 87) *122

Condo Stats
Active Condos:  507 (493, 504, 495, 483, 492) *517
Average Condo Listing Price:  $242,264 ($241k, $235k, $273k, $278k) *$246k
Average Condo Selling Price: $234,270 ($232k, $227k, $264k, $270k) *$231k
Condo Sale to List Ratio This Week: 97% (97%, 97%, 97%, 97%) *94%
Median Condo List Price: $210,000 ($227k, $229k, $230k, $230k) *239k
Median Condo Sold Price: $205,000 ($222k, $225k, $225k, $225k) *249k
Average Days on Market Condos: 65 (94, 86, 46, 72) *89

Active Vacant Lots: 1,072 (1,060, 1,096, 1,084, 1,073) *1,091

MARKET RANT
Although we are currently starting our decent into the lower inventory months of the year, this week proved there's still life in the "ol market" yet, so to speak. Quite the contrasting stories we have this week, where the season is saying "hey, it's Summertime... lets slow it down a bit", and Buyers are like "we actually have a different idea". Weekly new additions are still trending much lower than last year, and with sales reporting slightly healthier, there has been a decent adjustment to the time it would take to sell all off the inventory if no more properties were added (absorption rate). One of the oddities of the week is the much lower than average values for single family homes. I knew the entry level product was top dog for movement, but this week dominated, taking that sales value way down. I'm curious if the Summer encourages a different Buyer, in any case, there is still good activity out there. 

So there's some ups and downs, a few unexpected stats and a few reliable ones. The August market feels much the same as April market, just a bit warmer. Thanks for stopping by!

WEEKLY ADOPTABLE
Finnigan is a docile and loving little Westie hoping to find a new home with his brother Declan. These boys grew up together since they were puppies and we just can't think to separate them! Finnigan is more relaxed of the two, but enjoys going for walks to explore. These senior boys get along well enough with other dogs, but aren't interested in making any new besties - they have each other!
If you're interested in meeting Finnigan and Declan, come on by today!

This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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!

Halifax (HRM) Residential Market Statistic Update for the Week of July 28th - August 4th 2016
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New Listings: 305  (294, 319. 302, 332) *340
Sold: 123  (156, 138, 139, 128) *121
Sale To Listing Ratio: 40% (53%, 43%, 46%, 37%) *36%
Price Changes: 201  (247, 289, 290, 227) *302
Listings that went conditional/pending: 145 (179, 167, 171, 138)  *117
Expired/Cancelled/Withdrawn:  284 (118, 119, 105, 306) *241
Total Active Halifax/Dartmouth Inventory:  5,389 (5,519, 5,528, 5,494, 5,470) *5,960
Absorption Rate in weeks:  39 (39, 39, 37, 35)  *44

Single Family Home Stats
Active Single Family Home: 3,564  (3,637, 3,670, 3,665, 3,633) *4,085
Average Single Family Home List Price:  $305,308 ($335k, $320k, 292k, $298k) *$319k
Average Single Family Home Selling Price:   $294,211 ($319k, $291k, $282k, $287k)  *$308k
Single Family Home Sale to List Ratio This Week: 96%  (95%, 96%, 97%, 96%) *96%
Median Single Family Home List Price: $284,900 ($280k, $275k, $275k, $270k) *$264k
Median Single Family Home Sold Price: $274,000 ($275k, $265k, $268k, $265k) *$258k
Average Days on Market Single Family Home: 98 (86, 96, 87, 80) *100

Condo Stats
Active Condos:  493 (504, 495, 483, 492, 504) *514
Average Condo Listing Price:  $240,623 ($235k, $273k, $278k, $263k) *$271k
Average Condo Selling Price: $232,261 ($227k, $264k, $270k, $255k) *$262k
Condo Sale to List Ratio This Week: 97% (97%, 97%, 97%, 97%) *96%
Median Condo List Price: $226,900 ($229k, $230k, $230k, $255k) *260k
Median Condo Sold Price: $222,000 ($225k, $225k, $225k, $237k) *257k
Average Days on Market Condos: 94 (86, 46, 72, 84) *74

Active Vacant Lots: 1,060 (1,096, 1,084, 1,073, 1,074) *1,067

MARKET RANT
We all know that historically, Summer is one of the slower times of the year for the real estate market. The sun is shining, the temps are hot, and there's lots to do. Usually, this means the last thing most want to do is deal with showings on a regular basis, or beat the street looking for the next place to call home. That being said, priorities are the driving force for most when it comes to buying or selling, and sometimes, you don't really get the luxury to pick and choose when you buy or sell. Summer is a great time to do both! It's about the time when the Spring inventory packs it in, and those who don't "have to" sell retreat to rethink their strategy. It's also a time when that very same inventory starts to sharpen the pencil a bit in hopes that current buyers overlook the length they have been on market, enticed with a good price. For sellers, that means listing at this time of year might be advantageous for a couple of reasons. You're the new kid on the block, so that might be appealing to currently active buyers who have seen "everything" on the market, which might cause a bit of a buzz. The other thing is that inventory is on the decline around this time of year, so that means less competition! All good factors if you are thinking of Selling.

In any case, most are welcoming the current market from both sides, and of course, all (most) are enjoying the amazing weather we've had this Summer so far. Stay tuned to keep your eye on the market, or contact me if you have more questions! Thanks for stopping by!

WEEKLY ADOPTABLE
Gus has come to us all the way from Ontario! Him and his road trip friends are what we like to call Pocket Pittbulls. They are approximately 25-30lbs in weight and a just bundles of love!

A home with adults only is best suited for this guy and obedience classes are mandatory to help him bond with his new family and set them off on the right foot.

Gus would also like to be the only pet in the home as he every much enjoys all of the attention he can get and would prefer not to share.

This "cuddly companion" is available through the the Nova Scotia SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE.