(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 219 (178, 189) *204
Sold:  163  (133, 98) *125
Sale To Listing Ratio: 74% (75%, 52%) *61%
Price Changes: 109 (67, 51) *62
Listings that went conditional/pending: 218 (152, 181)  *163
Expired/Cancelled/Withdrawn: 38 (35, 67) *50
Total Active Halifax/Dartmouth Inventory:  1,025 (1,052, 1,075) +2,127
Absorption Rate in weeks:  X (X, X) *X

Single Family Home Stats
Active Single Family Home: 398 (437, 441) *1,068
Average Single Family Home List Price:  $492,546 ($435k, $469k) *$341k
Average Single Family Home Selling Price:  $500,713 ($439k, $465k) *$340k
Single Family Home Sale to List Ratio This Week: 101%  (101%, 99%) *99%
Median Single Family Home List Price (6 mo): $350,000 ($350k, $350k)*$315k
​Median Single Family Home Sold Price (6 mo):$365,000 ($360k, $360k)*$309k
Average Days on Market Single Family Home: 39 (40, 59) *70

Condo Stats
Active Condos:  103 (98, 98) *140
Average Condo Listing Price:  $311,646 ($386k, $328k) *$241k
Average Condo Selling Price: $310,763 ($390k, $325k) *$236k
Condo Sale to List Ratio This Week: 99% (101%, 99%) 98%
Median Condo List Price (6 mo): $269,000 ($265k, $262k) *$250k
Median Condo Sold Price (6 mo): $272,000 ($270k, $270k) *$241k
Average Days on Market Condos: 109 (41, 119)*20

Active Vacant Lots: 410 (411, 430) *766

Market Rant
Slight increase in the condo numbers, but it wasn't the same story for single family homes that took another significant blow this week. Basically 60% fewer single family homes on the market right now compared to this time last year, so things are not looking any better for buyers at the moment. Even vacant land is seeing a surge of buyers, reporting in at almost half of the available options from this time last year as well. Vacant land was always a product that seemed to have lots of selection, but with builders filling up their subdivisions and private buyers snatching it up, land is also becoming a shrinking commodity. Pretty sure this is the first week that I have ever reported single family home sales averaging over $500k on a week as well. Speaking of values, the six month median single family home selling price also jumped $5k in a week, which is a remarkable jump in a week, especially given that the data is a collection of six month averages. And condos are also enjoying a value increase this week as well, posting gains in both average and median sales this week. Listings do continue to trickle to market, but are met with such demand that they hardly last the first week of listing. Less than half the inventory from last year, but more sales and higher accepted offers make the market environment super competitive. With inventory continuing its backwards trek as the year presses on, I can only guess what will happen should this trend continue as the busiest time of year approaches. You will have to stay tuned to the blog to find out! Thanks for stopping by, and stay safe out there! 

Hi everyone! I'm Zeus. I am a very handsome 3yr old Boxer/Amstaff mix boy weighing in at approximately 55lbs. I was surrendered to a shelter in Texas because my family was about to have another baby and didn't have time for me anymore. So I decided to come to Nova Scotia with a few friends in search of a new forever home. 

I never get tired of being with you whether it’s a long walk in the woods, playing tug with my toys, or nighttime cuddles; I simply like hanging out with you so if you work from home or aren’t gone all day that would be awesome. 

I am a medium energy guy so several walks a day and some thinking games to keep my mind and body in tip top shape would be ideal. When I am happy, I am easily trainable. I already know the basic commands so we can work on some harder ones. 

I watch my foster mama when she is getting my food ready, then when it is time, I sit and wait until she puts it down for me and says “ok” then I politely eat. No food or toy aggression here, you take it away, no big deal. 

I have never messed in the house, not even once. I don’t chew your stuff but I may cruise the garbage cans for something that might be edible. I got caught one time peeking to see what was on the kitchen counter. So best to keep food out of my reach so I don't accidentally eat anything I'm supposed to. 

I went for a walk with one exuberant puppy which I completely ignored, but when I went to the dog park, two beagles barked at me from the other side of the fence. I growled at them and my fur was up. Maybe I'm dog selective. 

A quiet adult home with not a lot of comings and goings would make me the bestest boy cause I am unsure of new people until I get to know them. Slow and controlled introductions to people is the only way for me but once I trust you, I am all in and will be your best friend forever. 

When I am walking in town on a short leash, I walk like a rock star; on the left, not pulling, can sit and wait at stop lights. I watch my foster mama for direction and she gives me treats in return. Walking in town makes me a bit nervous with the people close by and traffic so I started wearing a muzzle and I tolerate it. Maybe once I get use to it, I will ignore the muzzle. When I walk on a long leash in the woods, I pull to get to every spot that a critter may be hiding. Don’t let me off leash in the woods cause I will chase everything that moves - it’s so exciting! I haven’t met cats but I have seen chickens up close. Oh ya, I think I would like to see how fast they run. So probably best to be cat free. 

I have been good for the few short times I have been left alone. I use to whine but then I figured out you are coming back and I stop. I do bark if someone is in the yard. I was in a crate during transport and I hated it so no crating for me as this will bring out the not so flattering side of my personality. I do love car rides cause it means we are going somewhere together and I have no problem riding in the back seat checking out the sites. 

My foster parents have trimmed my nails with ease and gave me a bath. I have never been in a tub before so it was weird but I was very good. 

If you think my charming personality is a fit for your family, fill out an application and tell my rescuers you want to be my forever family. I won’t disappoint you!! 

My adoption fee is a $400 donation to help save more dogs like me. I am neutered, vaccinated and microchipped, and I 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 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: 178 (189) *194
Sold:  133  (98) *89
Sale To Listing Ratio: 75% (52%) *46%
Price Changes: 67 (51) *47
Listings that went conditional/pending: 152 (181)  *148
Expired/Cancelled/Withdrawn: 35 (67) *57
Total Active Halifax/Dartmouth Inventory:  1,052 (1,075) +2,148
Absorption Rate in weeks:  X (X) *X

Single Family Home Stats
Active Single Family Home: 437 (441) *1,080
Average Single Family Home List Price:  $434,729 ($469k) *$368k
Average Single Family Home Selling Price:  $438,856 ($465k) *$364k
Single Family Home Sale to List Ratio This Week: 101%  (99%) *99%
Median Single Family Home List Price (6 mo): $349,900 ($350k)*$315k
​Median Single Family Home Sold Price (6 mo):$360,005 ($360k)*$310k
Average Days on Market Single Family Home: 40 (59) *62

Condo Stats
Active Condos:  98 (98) *144
Average Condo Listing Price:  $386,208 ($328k) *$301k
Average Condo Selling Price: $389,830 ($325k) *$294k
Condo Sale to List Ratio This Week: 101% (99%) 98%
Median Condo List Price (6 mo): $264,900 ($262k) *$250k
Median Condo Sold Price (6 mo): $270,000 ($270k) *$240k
Average Days on Market Condos: 41 (119)*64

Active Vacant Lots: 411 (430) *768

Market Rant
The hits keep coming! Usually we start to see the inventory count increase in numbers at the beginning of the year, but the current market conditions are keeping this stat suppressed. Reductions in all tracked products this week didn't help the cause, and the lower than average new listings plus higher sales count didn't help either. The listings that went under agreement this week seem the same as this time last year, but I imagine the reason for that is simply the lack of inventory. Given more options, I imagine this number would be much much higher. This time last year it seemed like there wasn't a lot of options either, but that pales in comparison to the desolate landscape that is the Halifax real estate market of this year... so far anyways. I talked with several buyers who wanted to wait out the market last year, only to witness what it would evolve into. Buyers even now have the same question, so the real question would be what will the market look like in 12 months from now. Common practice for buyers right now is to shop under their approval amounts so that they can compete when the time comes, but for many, they are slowly being priced out of the market, especially in the sub $300k range. The median prices seem to be holding steady, although I think they will start to show their true colours soon with that significant price explosion in the last few months of 2020. It will be interesting to see the markets trajectory this year, but so far we are following closely in the 2020 market years footsteps. Be sure to check in to the blog and stay on top of things! Thanks for stopping by, and stay safe out there! 

Hi everyone! My name is Hooligan and I am a 60lbs, 2 year young male puppy. I was surrendered from a Humane Society and due to BSL I could not be adopted out there. I am super excited to find my forever home!

I don’t quite understand children and their unusual movements and voices, I get excited and want to play with them but I can be quite rough because of my size so my forever home should be adults only.

I saw a cat out a car window once and my transporter thought I was going to bust the car window out trying to get to it so definitely no cats for me. I have met multiple dogs and most times have done fine but two times, I did not do fine. Both occasions were with larger, intact male dogs and started out fine until it wasn't fine and my handler got bit in the process both times. I've had no issues with female dogs but I'd rather just have my humans to myself. I've gone to daycare once and did pretty well but it's not really my cup of tea. 
I am comfortable wearing a muzzle and I've been in board and train for a couple months now working on my impulse control and have excelled. There are videos of me doing my training, if you'd like to see them, just send my rescuers an email. Training classes will be mandatory for my adopters. I am very leash reactive to fast moving things...cars, bikes, etc., so this is something I still need to work on. A quiet neighborhood without lots of traffic would be ideal for me.

I am also housetrained and crate trained because I may get into a few things if left alone. The neighbors said they don't hear a peep from me when I'm by myself. Oh and I know a bunch of commands! I will sit, stay/wait (even at meal times), shake and lay down. Let's just say I'm very treat motivated!

I am a perfect car ride buddy. I would love to have a fenced yard to run out my zoomies in! Zoomies are often followed by snuggle sessions and I am a complete bed and covers hog at night. I love all things rubber and my favourite treat is pepperoni! Stuff some rubber toys with pepperoni and I'll be in heaven!

This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, 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: 189 () *229
Sold:  98  () *76
Sale To Listing Ratio: 52% () *33%
Price Changes: 51 () *51
Listings that went conditional/pending: 181 ()  *137
Expired/Cancelled/Withdrawn: 67 (37, 123, 37, 62) *51
Total Active Halifax/Dartmouth Inventory:  1,075  () +2,156
Absorption Rate in weeks:  X () *X

Single Family Home Stats
Active Single Family Home: 441 () *1,088
Average Single Family Home List Price:  $469,230 () *$365k
Average Single Family Home Selling Price:  $464,667 () *$353k
Single Family Home Sale to List Ratio This Week: 99%  () *97%
Median Single Family Home List Price (6 mo): $349,900 ()*$315k
​Median Single Family Home Sold Price (6 mo):$360,000 ()*$309k
Average Days on Market Single Family Home: 59 () *65

Condo Stats
Active Condos:  98 () *142
Average Condo Listing Price:  $328,435 () *$289k
Average Condo Selling Price: $325,171 () *$287k
Condo Sale to List Ratio This Week: 99% () 99%
Median Condo List Price (6 mo): $262,450 () *$250k
Median Condo Sold Price (6 mo): $270,000 () *$240k
Average Days on Market Condos: 119 ()*69

Active Vacant Lots: 430 (505, 513, 551, 547) *773

Market Rant
And we are back! 2021 picks up right where 2020 left off... a challenging market for Buyers and a great market for Sellers. Usually January starts with a bit of a hop with the leftover activity from the previous year resuming to finish up their transaction, then wains once the snow flies, but the demand is so high for property that I would be surprised if we even enter the late winter blues market at all. The bones have almost been picked clean as buyers take a look around and see a measly 1,075 products on the market (all categories combined), which is down 50% from this time last year. The entire HRM only has 441 single family homes for sale right now, and that's across all price brackets in all areas! 

Values continue to push across the board as well, with single family home values entering 2021 with a record breaking week to kick things off. Both sales to list ratios hit below the 100% mark, but the real story can be found in the median prices, as they are reflecting the true nature of the market by pulling data from six months. That picture is a bit different from the weekly snapshot, and shows that both tracked products, on average, are selling 8-10k over list price. This is just the average for a broad brush application, if you were to dig into the market in certain areas and property price brackets you will see extreme variations in sales amounts. Still, as this market carries on, prices continue to inflate as demand drives these sales to historic heights. 

Will this be the year that things turnaround, or are we in for yet another Sellers year? You'll have to stay tuned to the blog to find out and keep up to date with how the market tracks! Thanks for stopping by, and stay safe out there! 

I'm Manji. I am a 1yr old Catahoula mix boy weighing in at approximately 50lbs. I was surrendered to a shelter in Louisiana because my family didn't have time for me and kept me crated 24/7. So I decided to come to Nova Scotia with a few friends in search of a forever home. 

On average, it takes 100 shares and 100 likes for a dog to find a home! Please share my story so my forever family will find me!?! 

I am much more than a Southern boy with fancy markings, I am a dog that is all about my people! My markings and awesome webbed feet are from my Catahoula side of the family, the official state dog of Louisiana. I am highly intelligent and energetic and am certainly eager to please. I would do amazingly well with an active family who is preferably breed experienced. 

I would probably be best suited for older kids as I still have alot of puppy antics to work on… but with my willingness to please they say I have a lot of potential! I know quite a few commands but I still need some training as my attention span isn't always the best. A few treats and alot of praise and I should be a breeze to train. 

I did interact with cats at my foster home and was gentle, however when they ran I was quick to chase..but they were always too fast for me to catch. I had 2 doggy siblings in my foster home. We got along for the most part. I did have a squabble with one over a toy and the other I got a little jealous over one day and did not act like the perfect gentleman I should have. Other than that my interactions with other canine friends have been positive.

My exercise needs would be medium-high but my cuddling needs are very high. With a human as my pack leader I walk like a champ, always keeping a close eye on you when walking right beside you, sometimes so close that sometimes you might trip over me...oops sorry. I am super fast.. and not too bad on recall. 

I love the car, so much so that sometimes I jump right in the front passenger seat. 

I am a social bug and love meeting new people but sometimes I just get so excited I jump right up on them. My foster dad says that's a big no-no and we're working on this. I am housebroken and love a comfy warm bed, being a southern dog who can blame me! Still being a young dog I need to have access to some chew toys..and I also like to cuddle with plush toys.. but they may end up being a chew toy at some point. I also love tennis balls.

Being in a crate for so much of my short life, I definitely prefer to sleep near my person and not in one. I can pretty much sleep in any position. They say I'm a complete bed hog, I say they just need a bigger bed.

Are you my forever family?

My adoption fee is a $400 donation to help save more dogs like me. I am neutered, vaccinated and microchipped, and I have all my doggy papers to come home to you! You can apply for me at https://www.salcars.ca/adopt

This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, 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

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

Happy New Year! Are you ready for a wild ride? Well strap in cause it's gonna get interesting! 

Going into 2020, we were steeped in a Sellers market that had been established and building since 2018. By the end of 2019, multiple offers and asking/over asking price sales were becoming somewhat normal. So much so, that the trend of the "golden weekend" started to occur as agents clued in to the climate surrounding our market. In short, showings were being held for a few days, offers held off until Sunday and presented on Monday. That type of thing. 

Fast forward a few months and the COVID-19 pandemic would set another blow to the already surging sellers market. At first, no one knew how it would affect the market. Some thought that everything would come to a full stop, for awhile at least, then see the downturn of activity. Buyers came out again in full force hoping to capitalize on the situation and snag a property at a deal potential, or at least get into a property at a minimum. Alas, that was not the case. The demand for property remained, while the already decimated inventory continued to decline by sales and lack of sellers coming to market. This activity steadily stoked the fire of an already smoking market. 

Already at a record low going into 2020, things did not improve at all in this regard for HRM's inventory. As fast as it was being added, was as quickly as it was being snapped up. The challenge continued in the pandemic, as many sellers put their listing needs on hold since they were likely a bit wary of trains of people in and out of there homes, touching things, coughing on things and the like. This put a pause on a lot of occupied listings, adding to the lack of options available on the market, especially at peak of the listing year. Even after showing protocol was established it was too late, the demand for property and buyer surge had created a buying environment so competitive that extreme overbidding became the norm. It was an incredible year for sales despite the pandemic, with only a short interruption in the surge. 

2020 broke a lot of records, and has set up 2021 to do the same, perhaps. As you will see from above, 2020 carried on with the strong sale lead of 2019 and continued its push until March when Covid=19 made its way to the Maritimes. April and May were the hardest hit by the somewhat pause in activity, but quickly regained its footing in June and carried on breaking records all the way to December. A lot of questions came in regarding the reasoning behind the surge, and what were the major factors contributing to this unprecedented time. In my opinion, it wasn't just one factor that put us where we are currently.

As mentioned, we went into 2020 in as Sellers market that had been in place for a couple years already. Things were getting bleaker by the week for buyers, but it was gradual, which is the way in Nova Scotia. The factors that created that market are plentiful. Government contracts in full swing, relocations back in the cycle, immigration and economical factors, along with affordable lending / living options and quality of life wants all created a perfect storm of desirability in Nova Scotia. Based on all of those factors, Covid-19 made many people second guess their current living situation. If they were going to be locked down again, why not do it where it's awesome, which is here in Nova Scotia. People in apartments wanted green space, people in cities wanted to move a little more remotely to have elbow room, people in land locked provinces wanted to be by the ocean etc. Here in Nova Scotia, we have all those things, and at the time, an affordable option at that.

The pandemic also created another unique secondary factor from outside buyers, as they started to identify businesses that could be managed from the home office. "If I can work from home now, I don't need to add the stress of living in a metropolis to do it, I can do the job overlooking the Atlantic ocean". So in addition to regular relocations, we now have people from all over the country (World) looking for a affordable option that aligns with their living wants since they can work from the comfort of their living rooms. Now I say affordable option, since Halifax is still quite an affordable city compared to many around the country, but that may change if it keeps up however, as sale values also achieved record heights and continue to surge. 

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!