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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 229 (186, 227, 203, 205) *367 Sold: 195 (146, 183, 177, 178) *270 Sale To Listing Ratio: 85% (79%, 80%, 87%, 87%) *63% Price Changes: 55 (56, 61, 52, 74) *140 Listings that went conditional/pending: 201 (184, 216, 221, 182) *317 Expired/Cancelled/Withdrawn: 41 (48, 49, 42, 64) *60 Total Active Halifax/Dartmouth Inventory: 1,115 (1,116, 1,188, 1,202, 1,224) +1,741 Absorption Rate in weeks: 6 (5, 7, 6, 7) *7 Single Family Home Stats Active Single Family Home: 433 (434, 482, 487, 500) *838 Average Single Family Home List Price: $530,828 ($447k,$429k,$419k,$421k) *$391k Average Single Family Home Selling Price: $548,221 ($472k,$469k,$445k,$452) *$394k Single Family Home Sale to List Ratio This Week: 103% (106%,109%,106%,108%) *101% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$379k,$380k) $340k Median Single Family Home Sold Price (6 mo):$434,277 ($434k,$436k,$435k,$436k)*$344k Average Days on Market Single Family Home: 22 (16, 12, 12, 11) *34 Condo Stats Active Condos: 78 (84, 97, 94, 95) *163 Average Condo Listing Price: $376,500 ($352k, $338k, $300k, $372k) *$268k Average Condo Selling Price: $390,810 ($357k, $353k, $318k, $392k) *$272k Condo Sale to List Ratio This Week: 104% (101%, 104%, 106%, 105%) *100% Median Condo List Price (6 mo): $319,900 ($320k, $319k, $310k, $320k) *$260k Median Condo Sold Price (6 mo): $343,450 ($344k, $345k, $350k, $350k) *$260k Average Days on Market Condos: 28 (8, 13, 28, 17) *18 Active Vacant Lots: 470 (471, 472, 467, 470) *568 Market Rant Almost a mirror week from last week, well, in the inventory levels at least. Some heavy hitters in the Single Family Home sales this week, launching the average listing and selling prices over $500k for the first time ever. No doubt the 4 Million on South Street beefed up the numbers, but there did seem to be an unusual amount of over 1 million dollar sales this week as well. Some slight improvements in the market this week with overall sales, new listings and listings under agreement hitting at or just under the 200 unit mark. Now that school is back in and things are getting back in full swing, the home sale or search can continue with renewed focus. For the long term stats, there continues to be a pause in growth, other than small incremental changes every other week, but the big jumps have all but ceased. The six month median prices have basically plateaued for the last few months, as well as the sales to list ratios's, giving a thought that the peak values and over list offer percentages have perhaps been hit. I'm sure that is a ceiling of value that buyers in HRM would be happy to see decline, but the question is when, and how far will the market correct, if at all? Again, the market is anything but predictable at this point, so be sure to check in frequently to stay on top of things! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Hi everyone! My name is Chandler and I am a 4 year old, border collie mix boy weighing around 45lbs. I came from Texas several months ago, I thought I had found my forever home but turns out I wasn't quite home yet. I'm a little shy and it takes me a little more time to trust people, but once I warm up I love a good scratch, especially on my ears or under my chin, and I also love a good cuddle, particularly first thing in the morning! I enjoy the company of other dogs, but prefer to watch rather than play. I'm unsure of kids, I tend to scare easily, so I would do best in a kid-free home. As far as cats go, I haven't been around any, so I'm not sure about them yet. I walk really well on my leash, but it's really important that I'm always on a double leash because I am able to back out of my harness when I get scared. I can sit and come when called, but I will need some patience and training when it comes to body handling and confidence building; I tend to get nervous if I feel trapped or cornered and when walking through doorways. I'm not a big fan of toys right now, but I may learn to enjoy them over time. Car rides on the other hand, I'm definitely a fan of those! I'll just curl up and have a nap on route to our next big adventure together! At home, if there is someone around, I like to follow them around the house. If I'm alone I won't be destructive but I think I'd like someone home more than not. I am happy to say I am housetrained as well! I know I have a few things to work on, but I promise that your patience will be rewarded! So, if you're looking for a sweet and smart pup to join your family, I'm ready to go to my forever home with you! Do you think we'd be a good match? My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 186 (227, 203, 205, 252) *351 Sold: 146 (183, 177, 178, 187) *221 Sale To Listing Ratio: 79% (80%, 87%, 87%, 74%) *63% Price Changes: 56 (61, 52, 74, 57) *114 Listings that went conditional/pending: 184 (216, 221, 182, 228) *274 Expired/Cancelled/Withdrawn: 48 (49, 42, 64, 65) *46 Total Active Halifax/Dartmouth Inventory: 1,116 (1,188, 1,202, 1,224, 1,225) +1,771 Absorption Rate in weeks: 5 (7, 6, 7, 6) *7 Single Family Home Stats Active Single Family Home: 434 (482, 487, 500, 495) *872 Average Single Family Home List Price: $446,739 ($429k,$419k,$421k,$457k) *$404k Average Single Family Home Selling Price: $472,109 ($469k,$445k,$452,$500k) *$409k Single Family Home Sale to List Ratio This Week: 106% (109%,106%,108%,109%) *101% Median Single Family Home List Price (6 mo): $379,900 ($380k,$379k,$380k,$389k$339k Median Single Family Home Sold Price (6 mo):$433,500 ($436k,$435k,$436k,$437k)*$342k Average Days on Market Single Family Home: 16 (12, 12, 11, 10) *51 Condo Stats Active Condos: 84 (97, 94, 95, 105, 107) *159 Average Condo Listing Price: $351,831 ($338k, $300k, $372k, $337k) *$289k Average Condo Selling Price: $357,050 ($353k, $318k, $392k, $353k) *$289k Condo Sale to List Ratio This Week: 101% (104%, 106%, 105%, 105%) *100% Median Condo List Price (6 mo): $319,800 ($319k, $310k, $320k, $320k) *$270k Median Condo Sold Price (6 mo): $343,450 ($345k, $350k, $350k, $349k) *$270k Average Days on Market Condos: 8 (13, 28, 17, 21) *33 Active Vacant Lots: 471 (472, 467, 470, 475) *569 Market Rant No doubt we are nearing the the tail end of the blistering market that has been in place for almost 2 years, now to see what will be left in its wake!. Not saying that there will be a drastic swing back towards a buyers market, but the uber competitive sellers market that has been frustrating buyers since last March is certainly showing signs of slowing down... finally. The stats always tell the tale, sometimes you need the historical data to realize what's happened (the longer the better sometimes), but others can me measured on a daily basis. This week, new listings reported significantly lower than last year at this time, and sales dragged in similar fashion. Last year, the inventory was still declining at this time, eventually creating an annual gap between the current year, peaking at over 1000. This has been cut down as the inventory begins its slow drudge back to respectable levels (hopefully), and perhaps a healthier market for buyers to buy into. The big question is how values will change and how significant the correction will be, if at all. It's crazy looking at the 6 month median prices from 2021 to 2020, seeing the prices skyrocket in such a short time (homes selling almost 100k more than the previous year), so one would think this will see some stabilization once our market returns. Of course, there are lots of details to track and I'm sure there will be things that will surprise everyone, but what won't be all that surprising to most is the extreme overbids should come to a halt, or be a lot less. There will be properties that still see this sort of activity, but they seem to be focused on a certain category of property, ones that have amazing locations. That can be walking distance to Lower Water Street, or for some, your own sandy beach. Those have always been sought after, and will continue to be, but the anticipation is that all other areas will continue to cool once the inventory returns. There is something to be said about underpriced properties as well, those also seem to be overbid on despite the value and uncertain time in the market. The coming Spring should prove to be an interesting marker indeed.. Keep an eye to the blog to keep on track with the ever changing market! Thanks for stopping by and stay safe out there! The Weekly "Adogtable" Hi y’all! I’m Eden, a sweet one-year-old, 24 lb Chihuahua mix girl! Unfortunately, I found myself in an overcrowded Texas shelter, but I am so happy to have had the opportunity travel to Nova Scotia and I can’t wait to find my FURever home! If you are looking for a playful and loving companion, look no further! I may take a little time to warm up to new people, but once I do, I will always be by your side. That said, I’m not overly needy when it comes to attention, I will happily lay quietly in my bed while you are working or watching a show, but you will always know how happy I am to see you whenever you come home! I also love to play (on my own with toys or with others), so I hope my FURever family will too! My foster family includes two adults, one child (4-years-old), another dog (female terrier, 21 lbs) and a Lovebird. I think they are all great! My foster PAWrents are always praising me on how gentle I am with the little human (she loves to give me pats and kisses) and I am friendly with other dogs. I’m a bit curious about the bird, but I haven’t barked at her or jumped on her cage at all. As for cats, I haven’t been introduced to any yet, so that’s currently an unknown for me. On leash, you’ll be happy to know that my manners are pretty good. I’m not a puller, but I will bark when I see people or other dogs. I’m very responsive though, so with some training, I think I could learn not to be so excited. My house manners are nearly impeccable, I haven’t been destructive, I’m house trained, I sleep quietly in my own bed at night, and I don’t bark much inside the house (only occasionally when I see something interesting out the window). The nearly comes in because I will whine a little if I must sleep in a separate room from you, but I will quiet down quickly. I love to eat and quickly gobble down my two meals per day. I also love treats and will sit and come when called. Since I’ve been recovering from surgery, my foster PAWrents haven’t been working with me on new tricks, but I am eager to learn! If you think I sound like the perfect pup, you’re right! I’m ready to go to my FURever home and hope it’s with you! Are you my forever family? My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6 week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264. This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 227 (203, 205, 252, 311) *334 Sold: 183 (177, 178, 187, 208) *250 Sale To Listing Ratio: 80% (87%, 87%, 74%, 67%) *75% Price Changes: 61 (52, 74, 57, 54) *116 Listings that went conditional/pending: 216 (221, 182, 228, 242) *274 Expired/Cancelled/Withdrawn: 49 (42, 64, 65, 49) *56 Total Active Halifax/Dartmouth Inventory: 1,188 (1,202, 1,224, 1,225, 1,211) +1,830 Absorption Rate in weeks: 7 (6, 7, 6, 6) *8 Single Family Home Stats Active Single Family Home: 482 (487, 500, 495, 485) *916 Average Single Family Home List Price: $428,667 ($419k,$421k,$457k,$434k) *$402k Average Single Family Home Selling Price: $468,990 ($445k,$452,$500k,$474k) *$408k Single Family Home Sale to List Ratio This Week: 109% (106%,108%,109%,109%) *101% Median Single Family Home List Price (6 mo): $379,900 ($379k,$380k,$389k,$386k$335k Median Single Family Home Sold Price (6 mo):$435,800 ($435k,$436k,$437k,$435k)*$338k Average Days on Market Single Family Home: 12 (12, 11, 10, 12) *41 Condo Stats Active Condos: 87 (94, 95, 105, 107) *164 Average Condo Listing Price: $337,929 ($300k, $372k, $337k, $384k) *$249k Average Condo Selling Price: $352,909 ($318k, $392k, $353k, $406k) *$257k Condo Sale to List Ratio This Week: 104% (106%, 105%, 105%, 105%) *104% Median Condo List Price (6 mo): $318,950 ($310k, $320k, $320k, $320k) *$270k Median Condo Sold Price (6 mo): $345,000 ($350k, $350k, $349k, $350k) *$270k Average Days on Market Condos: 13 (28, 17, 21, 25) *17 Active Vacant Lots: 472 (467, 470, 475, 467) *585 Market Rant Bit of a ho-hum week this week as we head to the end of August and closer to the end of Summer. New listings bumped a touch, and sales reported marginally higher this week as well resulting in an average sales to list ratio report. With the overall inventory continuing to diminish after a very low annual peak thus far, the big question on everyones mind is if there will be more inventory in the Fall? For the most part, the Summer tends to be one of the slower market times, then there is a small pick-up in inventory and sales, then tapers off again until the holiday season. If we are starting to realign with annual trend then we should see the inventory gain a touch, and fewer buyers on the search. The gain of inventory is a direct match to demand, so it will really depend on the buyer activity and how it sustains. There is definitely a tapering of this activity, but has yet to be turned down to a level that would allow the inventory to climb. As mentioned in previous posts, listings that have been priced correctly, and present in good condition do tend to be the most popular, and it shows. Many of these listing still find themselves with a train of buyers parading through the showing window week, receiving multiple offers, and selling for much higher than list. Look to the stats to pick up next month in key areas, even if temporary, but also look to the long running stats (6 month medians etc), to monitor their slippage. Interesting times indeed, so if you are in the market, or just interested, keep an eye on the blog to stay informed! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Hi guys! My name is Roxie and I'm a 1 year old American Stafffordshire girl weighing around 50lbs! I came from Louisiana a few weeks ago but now it's time to find my forever! One of my most favourite activities in the whole wide world is meeting and playing with dogs! I am best to do this in a fenced in area because sometimes I can get more worked up being held back by the leash but I can't help it I'm just so excited for friends! I'm still a puppy and full of energy but if there are no dogs to distract me I am excellent walking on leash or even going for a light jog if I do say so myself! I will also be very happy meeting new people and will want to greet complete strangers on walks or at the park with a wagging tail. I haven't met any kids or cats so I'm not sure what to think of them. I am very gentle when taking treats and am excellent if I must stay home alone while my human-folk are off at work. I'm still learning recall and basic commands (sit, stay, come) but when there are no distractions around me I'm a pretty quick learner! I don’t like loud objects such as weed whackers, musical instruments (guitars, drums, piano), fireworks, and power tools. I'm fine with calmer music playing but the really loud things make me nervous. I love being outdoors in any way but will also easily relaxes while indoors. Despite being 50 pounds, im still confident I can fit myself on your lap or I will at least try to get as close to my humans as I can! I'm good in the car because I know it usually means we are going on a new adventure. Baths really aren't my favorite thing but I'll tolerate it so we can both move on. The housetraining is still a work in progress, however, I might just have an accident every few days now so with patience and continued consistency I know I'll figure it out soon! Do you think we'd be a good match? My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 203 (205, 252, 311, 215) *399 Sold: 177 (178, 187, 208, 175) *268 Sale To Listing Ratio: 87% (87%, 74%, 67%, 81%) *67% Price Changes: 52 (41, 74, 57, 54) *123 Listings that went conditional/pending: 221 (182, 228, 242, 170) *294 Expired/Cancelled/Withdrawn: 42 (64, 65, 49, 74) *123 Total Active Halifax/Dartmouth Inventory: 1,202 (1,224, 1,225, 1,211, 1,153) +1,875 Absorption Rate in weeks: 6 (7, 6, 6, 6) *8 Single Family Home Stats Active Single Family Home: 487 (500, 495, 485, 448) *952 Average Single Family Home List Price: $419,108 ($421k,$457k,$434k,$417k) *$376k Average Single Family Home Selling Price: $444,846 ($452,$500k,$474k,$463k) *$381k Single Family Home Sale to List Ratio This Week: 106% (108%,109%,109%,111%) *101% Median Single Family Home List Price (6 mo): $378,900 ($380k,$389k,$386k,$385k)*$333k Median Single Family Home Sold Price (6 mo):$435,400 ($436k,$437k,$435k,$435k)*$337k Average Days on Market Single Family Home: 12 (11, 10, 12, 21) *43 Condo Stats Active Condos: 94 (95, 105, 107, 107, 99) *161 Average Condo Listing Price: $300,273 ($372k, $337k, $384k, $329k) *$300k Average Condo Selling Price: $318,205 ($392k, $353k, $406k, $360k) *$304k Condo Sale to List Ratio This Week: 106% (105%, 105%, 105%, 110%) *101% Median Condo List Price (6 mo): $319,900 ($320k, $320k, $320k, $320k) *$275k Median Condo Sold Price (6 mo): $349,700 ($350k, $349k, $350k, $350k) *$273k Average Days on Market Condos: 28 (17, 21, 25, 16) *22 Active Vacant Lots: 467 (470, 475, 467, 448) *588 Market Rant Activity remains steady in some areas, products and price points, but there are signs the machine is starting to slow. Although marginal, we are starting to see reductions in some key areas, like six month median listing and selling prices (finally) in both tracked products, and sales to list ratio for single family homes. The six month single family home list price has been sliding now for over a month, so just like the time it took to indicate the strengthening market, it will also take longer to confirm the weakening of it. The big news is that we do have that pool of data now heading in the opposite direction, which may mean we have seen the top of the market value, for now. Other stats are coasting right along, with marginal new listing numbers, decent sold numbers, and good showing of buyer activity this week. Perhaps it's the Summer, or maybe slowly but surely we are working though the demand, but the lessening activity is definitely being felt by anyone on the market currently. It's a very strange time, and although the amount of buyers out there are fewer, the potency of their offer's are still strong. As indicated a few weeks back, properties are starting to make it through the offer holdover week with increasing pace, and price reductions are becoming more common. Watch for this trend to continue. So a sleepy week on the market, the anticipation is that we will see somewhat of a return to regular market trend this year, which means September should see a pick up in activity for a time, then drop off until the lowest activity time of the year, which is the end of the December. Definitely a good time to stay tuned to the blog to stay on top of the market, so be sure to stop by and keep track! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Meet Gypsy! Gypsy is a very skittish and fearful girl who drops to the ground and shakes, no aggression noted whatsoever. She likes dogs but is submissive to them. She is scared of new people but she likes kids! She currently pulls on leash, is house trained and crate trained. Her family will need to go slow with her to help her gain trust in the world around her. She is super sweet with her people and is slowly beginning to wag her tail. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 205 (252, 311, 215, 260) *332 Sold: 178 (187, 208, 175, 201) *231 Sale To Listing Ratio: 87% (74%, 67%, 81%, 77%) *70% Price Changes: 41 (74, 57, 54, 50) *80 Listings that went conditional/pending: 182 (228, 242, 170, 251) *249 Expired/Cancelled/Withdrawn: 64 (65, 49, 74, 103) *123 Total Active Halifax/Dartmouth Inventory: 1,224 (1,225, 1,211, 1,153, 1,109) +1,860 Absorption Rate in weeks: 7 (6, 6, 6, 5) *8 Single Family Home Stats Active Single Family Home: 500 (495, 485, 448, 418) *934 Average Single Family Home List Price: $421,074 ($457k,$434k,$417k,$461k) *$387k Average Single Family Home Selling Price: $452,354 ($500k,$474k,$463k,$515k) *$388k Single Family Home Sale to List Ratio This Week: 108% (109%,109%,111%,112%) *101% Median Single Family Home List Price (6 mo): $380,450 ($389k,$386k,$385k,$386k)*$330k Median Single Family Home Sold Price (6 mo):$436,262 ($437k,$435k,$435k,$435k)*$335k Average Days on Market Single Family Home: 11 (10, 12, 21, 12) *41 Condo Stats Active Condos: 95 (105, 107, 107, 99, 90) *155 Average Condo Listing Price: $372,084 ($337k, $384k, $329k, $297k) *$326k Average Condo Selling Price: $391,551 ($353k, $406k, $360k, $326k) *$327k Condo Sale to List Ratio This Week: 105% (105%, 105%, 110%, 110%) *100% Median Condo List Price (6 mo): $320,000 ($320k, $320k, $320k, $320k) *$275k Median Condo Sold Price (6 mo): $350,000 ($349k, $350k, $350k, $350k) *$273k Average Days on Market Condos: 17 (21, 25, 16, 13) *31 Active Vacant Lots: 470 (475, 467, 448, 443) *591 Market Rant Just like the Summer so far this month, the market too has cooled quite a bit. Well, perhaps not cooled, just a bit more balanced. Activity has definitely tapered off at the moment, and it seems both buyer and seller have taken a little break for now. Hard to tell exactly what is happening in some areas, but the market does have a confused feel to it in some places. Depending on the location, multiple offers (although less of them) are still happening, but some homes who attempted to price to the "new" market values find themselves a little neglected. One of the main questions from the start of this was "when will it hit the ceiling?". Of course, that is almost an impossible prediction, but watching the listing trends and list/sale prices are a great way to stay ahead of the curve. The market value in HRM increased exponentially in a very short time, and many are saying that these prices are here to stay, but I'm a bit more skeptical. If this pandemic market cools off and resets to annual trend, then a balance should occur. This means that the small number (comparably) of homes that sold during this tumultuous time have set peaks, some of which that are quite lofty. When they go to re-sell in an average market, they will find themselves up against properties that have a ton of equity in them if not acquired during this time. To me, this indicates a drop is on the way when the market does finally cool. Ultimately, the longer the market carries on the less this will be an impacting factor, but if we are in the midst of the change, resale could be a potential issue in the short term. All current signs, like the first significant SFH 6 month average list price drop, are pointing in this direction, especially when you compare the stats from last year (except prices and DOM), but the pandemic market has been anything but predictable so there is a good chance I could be eating my words in a few weeks. Time will tell! Stay tuned to find out, and to keep up to date on the Halifax real estate market! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Meet Cooper! Cooper is cautious of people at first and will rush up to them to investigate. Cooper is dog social, but as a hunting breed is excitable and will give chase to small animals, so not recommended in a home with smaller animals. Cooper is crate trained (although he severely guards his crate so is not recommended to be crated). He is house trained and walks well on leash. This pup can be playful, and cuddly, and loves going for hikes, walks and swims. Behavior problems: Mouthing, Jumping, Humping, some reactivity (to children), he will try to steal food if he gets the chance, and resource guarding. Looking for a breed-experienced home with no children and experience with resource guarding. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 252 (311, 215, 260, 349) *321 Sold: 187 (208, 175, 201, 209) *258 Sale To Listing Ratio: 74% (67%, 81%, 77%, 60%) *80% Price Changes: 74 (57, 54, 50, 62) *131 Listings that went conditional/pending: 228 (242, 170, 251, 258) *291 Expired/Cancelled/Withdrawn: 65 (49, 74, 103, 41) *59 Total Active Halifax/Dartmouth Inventory: 1,225 (1,211, 1,153, 1,109, 1,184) +1,908 Absorption Rate in weeks: 6 (6, 6, 5, 6)*8 Single Family Home Stats Active Single Family Home: 495 (485, 448, 418, 468) *991 Average Single Family Home List Price: $456,898 ($434k,$417k,$461k,$409k) *$364k Average Single Family Home Selling Price: $499,482 ($474k,$463k,$515k,$465k) *$369k Single Family Home Sale to List Ratio This Week: 109% (109%,111%,112%,114%) *102% Median Single Family Home List Price (6 mo): $389,000 ($386k,$385k,$386k,$385)*$330k Median Single Family Home Sold Price (6 mo):$437,000 ($435k,$435k,$435k,$433k)*$333k Average Days on Market Single Family Home: 10 (12, 21, 12 ,9) *38 Condo Stats Active Condos: 105 (107, 107, 99, 90, 90) *156 Average Condo Listing Price: $336,732 ($384k, $329k, $297k, $390k) *$269k Average Condo Selling Price: $352,965 ($406k, $360k, $326k, $424k) *$270k Condo Sale to List Ratio This Week: 105% (105%, 110%, 110%, 109%) *100% Median Condo List Price (6 mo): $319,900 ($320k, $320k, $320k, $320k) *$273k Median Condo Sold Price (6 mo): $349,250 ($350k, $350k, $350k, $350k) *$270k Average Days on Market Condos: 21 (25, 16, 13, 9) *80 Active Vacant Lots: 475 (467, 448, 443, 463) *596 Market Rant Finally starting to creep up there! Slowly but surly, the inventory levels continue to rise, which is actually quite opposite from annual trend. Unique market however, so really, anything goes! Things do seem to be clawing back after a disappointing return from the last lockdown for sellers, but still not as booming as before entering it. Summer months do tend to be slower usually, but it seems that the expectation is for the Halifax market to be wide open all the time. The last month and some have proven that no market is invincible and there are signs that the inevitable slowing has begun, the question is if it's just falling in line with annual trend, or if this Sellers market is starting to soften finally. Inventory is still significantly lower than this time last year, but that gap is starting to narrow ever so slowly. Some other small indicators continue to point to a softening market as well, like the increasing amount of price changes, and listings that expired/cancelled from market. Not huge numbers yet, but week to week they continue to push, seemingly going unnoticed until a time gap points to that change. On the other hand, other small indicators, like the days on market count and overall sale prices continue to impress, so it certainly sends mixed messages. This has caused some interesting tactics and techniques for listing strategy and offers as the market changes, making buyers, sellers and agents alike scramble to adapt quickly. Stay tuned to the blog to stay on top of our dynamic market, stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Meet Kali! Kali came in with her sister Nala. Kali is confident, food motivated, and energetic! She walks well on a leash, but can be reactive. She is not destructive in the home, and has no bite history. Kali has been around other dogs and did well, has lived with cats, and no prey drive is noted. Kali is good with kids, and strangers (although she prefers females). Kali is house trained and crate trained. Kali does exhibit mild resource guarding and tries to get to them first before her sister can. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 311 (215, 260, 349, 355) *341 Sold: 208 (175, 201, 209, 223) *218 Sale To Listing Ratio: 67% (81%, 77%, 60%, 63%) *64% Price Changes: 57 (54, 50, 62, 57) *86 Listings that went conditional/pending: 242 (170, 251, 258, 269) *257 Expired/Cancelled/Withdrawn: 49 (74, 103, 41, 44) *55 Total Active Halifax/Dartmouth Inventory: 1,211 (1,153, 1,109, 1,184, 1,102) +1,921 Absorption Rate in weeks: 6 (6, 5, 6, 5)*8 Single Family Home Stats Active Single Family Home: 485 (448, 418, 468, 435) *1,007 Average Single Family Home List Price: $433,582 ($417k,$461k,$409k,$420k) *$403k Average Single Family Home Selling Price: $473,783 ($463k,$515k,$465k,$482k) *$405k Single Family Home Sale to List Ratio This Week: 109% (111%,112%,114%,115%) *100% Median Single Family Home List Price (6 mo): $385,900 ($385k,$386k,$385,$385k)*$330k Median Single Family Home Sold Price (6 mo):$435,000 ($435k,$435k,$433k,$430k)*$333k Average Days on Market Single Family Home: 12 (21, 12 ,9, 16) *59 Condo Stats Active Condos: 107 (107, 99, 90, 90) *157 Average Condo Listing Price: $384,073 ($329k, $297k, $390k, $349k) *$311k Average Condo Selling Price: $405,446 ($360k, $326k, $424k, $372k) *$309k Condo Sale to List Ratio This Week: 105% (110%, 110%, 109%, 107%) *99% Median Condo List Price (6 mo): $319,900 ($320k, $320k, $320k, $319k) *$280k Median Condo Sold Price (6 mo): $349,900 ($350k, $350k, $350k, $345k) *$278k Average Days on Market Condos: 25 (16, 13, 9, 13) *80 Active Vacant Lots: 467 (448, 443, 463, 442) *594 Market Rant Back in action with a good amount of inventory gain this week! A couple lazy Summer weeks started to make people wonder if all the gas had run out of the market, but the stats are saying there's still some left in the tank! New listing additions returned to crest the 300 mark for the first time in two week, and sales reported back to plus of 200 units. Buyer activity made a return as well, with 242 properties receiving and accepting offers this week! Still some signs that are pointing to a plateau though, like the 6 month median prices that have barely shifted in the last month, which is the largest and slowest data pool we have to draw from. The good news for buyers is that the levelling out may finally give some consistency to listing and purchase price exceptions, well, a bit more predictable than the last year anyways. So perhaps the first few weeks post lockdown was just a quiet wakeup of the market, and now we are in for another whirlwind of activity, or is this just the final throes of the Sellers market and are heading in a different direction? Definitely seeing some softening in areas of HRM, and in certain price points as well, so it will be interesting to see how things progress during the Summer months. Stay tuned to the blog to stay on top of everything Halifax Real Estate related, thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Romeo is EXTREMELY well trained and goes to daycare regularly! His previous owner took advantage of every opportunity to train him and is hoping we'll be able to find someone equally diligent with keeping him properly stimulated mentally and physically. He is fun-loving, adventurous, excitable, good natured, intelligent, curious, loves to learn and please, play, loves bed and couch cuddles, wants to be around you, he loves exploring and sniffing, going to the beach and digging in the sand. Romeo is house trained and crate trained. Behavioral Problems: Mouthing, Humping, and Separation Anxiety. Good with kids, although he sometimes takes a little bit to warm up to strangers. No cats or small animals as he has prey drive. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 215 (260, 349, 355, 368) *349 Sold: 175 (201, 209, 223, 206) *234 Sale To Listing Ratio: 81% (77%, 60%, 63%, 56%) *67% Price Changes: 54 (50, 62, 57, 38) *122 Listings that went conditional/pending: 170 (251, 258, 269, 259) *312 Expired/Cancelled/Withdrawn: 74 (103, 41, 44, 50) *60 Total Active Halifax/Dartmouth Inventory: 1,153 (1,109, 1,184, 1,102, 1,054) +1,908 Absorption Rate in weeks: 6 (5, 6, 5, 5)*8 Single Family Home Stats Active Single Family Home: 448 (418, 468, 435, 391) *1,007 Average Single Family Home List Price: $417,005 ($461k,$409k,$420k,$448k) *$397k Average Single Family Home Selling Price: $463,145 ($515k,$465k,$482k,$505k) *$397k Single Family Home Sale to List Ratio This Week: 111% (112%,114%,115%,113%) *99% Median Single Family Home List Price (6 mo): $385,250 ($386k,$385,$385k,$386k)*$330k Median Single Family Home Sold Price (6 mo):$435,000 ($435k,$433k,$430k,$429k)*$330k Average Days on Market Single Family Home: 21 (12 ,9, 16, 12) *40 Condo Stats Active Condos: 107 (99, 90, 90, 83) *160 Average Condo Listing Price: $328,778 ($297k, $390k, $349k, $324k) *$290k Average Condo Selling Price: $360,135 ($326k, $424k, $372k, $357k) *$288k Condo Sale to List Ratio This Week: 110% (110%, 109%, 107%, 110%) *99% Median Condo List Price (6 mo): $319,950 ($320k, $320k, $319k, $323k) *$275k Median Condo Sold Price (6 mo): $349,900 ($350k, $350k, $345k, $349k) *$273k Average Days on Market Condos: 16 (13, 9, 13, 7) *50 Active Vacant Lots: 448 (443, 463, 442, 447) *592 Market Rant Bit of lazy Summer activty this week, all market numbers seem to be dragging in relatively normal fashion, which is anything but normal in this market. New listings were minimal, sales sub 200 (surprisingly low), a dismal amount of listings that received and accepted offers (also sub 200 for the first time in awhile), and six month median prices that pretty much froze this week, makes one wonder if the tide has finally started to turn or that annual trend is finally starting to get back on track. As mentioned in the last few "post lockdown" reports, the market just didn't feel the same, and the prediction of the continued push of the sellers market just hasn't happened since the return. If anything, each week shows more and more signs that we may have reached the peak, but again, the season is notoriously slow most years, so it's hard to say which is the greater influence. So what does that mean if the turn of the market has happened? Well, we are already starting to see signs that adjustments are being made to sale prices, when listings don't actually receive any offers over the offer however window, something that has not happened very often since the pandemic market took hold. People are starting to see some listings sell for asking price, or even under in some rare cases, but the fact is that these situations are starting to increase and become noticed by industry members, buyers and sellers alike. Still lots of life left in the market yet, especially for some products and certain areas, but there is no denying that it's not the same market as it was a couple months ago. Keep a close eye on the developing market as things happen by tuning into the blog! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Meet Niko!! Niko loves people (and kids - according to owner). Niko has chronic ear infections and is allergic to chicken. Niko loves attention and cuddles, loves to sleep on pillows and blankets, friendly with everyone that comes into the house and in public. Niko howls and bounces on his front paws when he wants attention lol and loves to sun bathe. Niko requires obedience training as he jumps, pulls on leash, and plays keep away if off-leash. Niko likes pretty much any food or treat he can get his mouth on. Niko is house trained and crate trained, has been around dogs, cats, chickens and geese! No fears or bite history noted. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 260 (349, 355, 368, 272) *312 Sold: 201 (209, 223, 206, 183) *257 Sale To Listing Ratio: 77% (60%, 63%, 56%, 67%) *83% Price Changes: 50 (62, 57, 38, 43) *79 Listings that went conditional/pending: 251 (258, 269, 259, 207) *286 Expired/Cancelled/Withdrawn: 103 (41, 44, 50, 50) *110 Total Active Halifax/Dartmouth Inventory: 1,109 (1,184, 1,102, 1,054, 978) +1,941 Absorption Rate in weeks: 5 (6, 5, 5, 4)*8 Single Family Home Stats Active Single Family Home: 418 (468, 435, 391, 352) *1,015 Average Single Family Home List Price: $461,211 ($409k,$420k,$448k,$460k) *$384k Average Single Family Home Selling Price: $514,518($465k,$482k,$505k,$515k) *$383k Single Family Home Sale to List Ratio This Week: 112% (114%,115%,113%,112%) *100% Median Single Family Home List Price (6 mo): $385,700 ($385,$385k,$386k,$385k)*$330k Median Single Family Home Sold Price (6 mo):$435,000 ($433k,$430k,$429k,$425k)*$330k Average Days on Market Single Family Home: 12 (9, 16, 12, 21) *56 Condo Stats Active Condos: 92 (99, 90, 90, 83, 80, 78) *155 Average Condo Listing Price: $296,965 ($390k, $349k, $324k, $353k) *328k Average Condo Selling Price: $325,844 ($424k, $372k, $357k, $385k) *$326k Condo Sale to List Ratio This Week: 110% (109%, 107%, 110%, 109%) *99% Median Condo List Price (6 mo): $319,900 ($320k, $319k, $323k, $320k) *$280k Median Condo Sold Price (6 mo): $349,250 ($350k, $345k, $349k, $345k) *$273k Average Days on Market Condos: 13 (9, 13, 7, 12) *53 Active Vacant Lots: 443 (463, 442, 447, 428) *662 Market Rant Well that was short lived. With a few weeks of inventory gain in June, there was hope that more property options were finally on the way, easing the burden for the horde of buyers out there shopping for their next home. That hope was all but squashed this week with a sharp swing in the overall inventory numbers, causing reductions in all tracked products. Sure, the lack of new property additions contributed in what seems to be an eerily quiet post lockdown listing surge, helped along by a decent sales week and properties falling under agreement. One of the more surprising contributors to the reduction was the expired/cancelled/withdrawn pile, reporting in over 100 units for the first time since last year, Some heavy hitters must have sold this week, driving up the average residential sale price over $500k again for the third time in a month, while condo's had a fairly low report this week. Both six month median sales and list prices remained relatively the same, seeing only slight variations plus and minus of last weeks report, but with the unknown state of the current market, it's anyones guess which direction these are about to head in. Stay tuned to the blog to stay on top of the ever changing market to find out! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Meet Fundy!! Fundy is playful, smart, obedient, very active, loves swimming, hiking, playing ball (ball is LIFE) or frisbee, and loves people! She is housetrained and crate trained, and is not destructive! Fundy only barks to let you know she needs to pee or if another dark is super vocal. She is observant of small animals, and is super-excited about other dogs (she doesn't know how to interact with them and doesn't understand when they want space). No bite history. This gal is so verasatile and willing to learn! This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 349 (355, 368, 272, 251) *350 Sold: 209 (223, 206, 183, 201) *245 Sale To Listing Ratio: 60% (63%, 56%, 67%, 80%) *70% Price Changes: 62 (57, 38, 43, 35) *141 Listings that went conditional/pending: 258 (269, 259, 207, 223) *287 Expired/Cancelled/Withdrawn: 41 (44, 50, 50, 27) *39 Total Active Halifax/Dartmouth Inventory: 1,184 (1,102, 1,054, 978, 950) +2,068 Absorption Rate in weeks: 6 (5, 5, 4, 4)*10 Single Family Home Stats Active Single Family Home: 468 (435, 391, 352, 325) *1,074 Average Single Family Home List Price: $408,738 ($420k,$448k,$460k,$433k) *$363k Average Single Family Home Selling Price: $465,270 ($482k,$505k,$515k,$490k) *$363k Single Family Home Sale to List Ratio This Week: 114% (115%,113%,112%,113%) *100% Median Single Family Home List Price (6 mo): $385,000 ($385k,$386k,$385k,$385k)*$328k Median Single Family Home Sold Price (6 mo):$433,000 ($430k,$429k,$425k,$425k)*$325k Average Days on Market Single Family Home: 9 (16, 12, 21, 12) *38 Condo Stats Active Condos: 99 (90, 90, 83, 80, 78) *165 Average Condo Listing Price: $389,614 ($349k, $324k, $353k, $378k) *$295k Average Condo Selling Price: $424,256 ($372k, $357k, $385k, $391k) *$295k Condo Sale to List Ratio This Week: 109% (107%, 110%, 109%, 103%) 100% Median Condo List Price (6 mo): $319,900 ($319k, $323k, $320k, $319k) *$274k Median Condo Sold Price (6 mo): $349,900 ($345k, $349k, $345k, $339k) *$273k Average Days on Market Condos: 9 (13, 7, 12, 42) *17 Active Vacant Lots: 463 (442, 447, 428, 425) *676 Market Rant Highest inventory of the season!! Still just shy of 50% less from last year at this time, but we are finally headed in a different direction...for now. Decent gains in all tracked products this week certainly helped the growth, with single family homes leading the charge reporting one of the largest jumps in a week so for this year. Sales reported a touch lower again this week, but with the solid buyer activity in the last week putting property under agreement, that number is bound to get back to the pre-lockdown levels shortly. What seems like a bit of a slow awakening on the other side of the restrictions being lifted has started to change. Took a week or so to happen, but buyers are slowly coming back out, although listings are still trailing a bit with the return to the market. It's a strange dynamic out there right now, not as busy as before, but activity is increasing, so perhaps we are headed back in that direction soon. Historically, Summer is the notoriously slow market season, likely because most relocations and in town moves have been concluded so that kids can settle into their new homes before the school year starts, and relocated employees can have a bit of Summer before getting back to work in the Fall. Posting season for military and other government employees also follow these seasons as well, making Spring the busiest time historically. We had a few influencing delays in our Spring market including a lockdown, limited inventory and a pause on the influx of out of province buyers because of the border closure, so the thought is that this activity would pour over into the Summer months to make up for the lost time. Still early, so the next few weeks will really indicate which way things may go. Stay tuned to the blog to find out! Thanks for stopping by, and stay safe out there! The Weekly "Adogtable" Meet Harley! Harley loves people and kids, and is a happy dog that listens well. He is house trained and crate trained. Harley has no bite history, but is not recommended around cats and has not met other dogs besides the dog he lived with. Harley requires obedience training as he jumps up, pulls on leash, has no recall, steals food within reach, and sometimes chews the kennel floor when he was left in there too long, so potentially has separation anxiety. He will be assessed further while in rescue and obedience training will be started. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE |
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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