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Halifax (HRM) Residential Statistic Update for the Week of February 15th - February 22nd, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 240 (276, 289, 199, 254) *212 Sold: 105 (99, 101, 123, 97) *103 Sale To Listing Ratio: 44% (36%, 35%, 62%, 38%) *49% Price Changes: 106 (103, 89, 84, 84) *86 Listings that went conditional/pending: 160 (125, 146, 131, 130) *114 Expired/Cancelled/Withdrawn: 69 (88, 155, 148, 65) *69 Total Active Halifax/Dartmouth Inventory: 3,606 (3,605, 3,553, 3,521, 3,580) +4,250 Absorption Rate in weeks: 34 (34, 36, X, X) *48 Single Family Home Stats Active Single Family Home: 1.934 (1,932, 1,903, 1,891, 1,947) *2,476 Average Single Family Home List Price: $333,467 ($304k,$323k,$308k,$332k) *$306k Average Single Family Home Selling Price: $319,051 ($297k,$311k,$299k,$321k) *$295k Single Family Home Sale to List Ratio This Week: 96% (98%, 96%, 97%, 97%) *96% Median Single Family Home List Price (6 mo): $276,450 ($275k,$275,$275k,$275k)*$279k Median Single Family Home Sold Price (6 mo):$269,900 ($268k,$269k,$268k,$269k)*$268k Average Days on Market Single Family Home: 87 (110, 95, 91, 94) *101 Condo Stats Active Condos: 368 (365, 359, 348, 348) *416 Average Condo Listing Price: $249,900 ($285, $221k, $266k, $238k) *$233k Average Condo Selling Price: $242,500 ($276k, $216k, $263k, $231k) *$228k Condo Sale to List Ratio This Week: 97% (97%, 98%, 99%, 97%) 98% Median Condo List Price (6 mo): $238,950 ($238k, $239k, $239k, $239k) *$230k Median Condo Sold Price (6 mo): $232,250 ($230k, $233k, $235k, $234k) *$220k Average Days on Market Condos: 69 (58, 87, 83, 54) *141 Active Vacant Lots: 981 (982, 963, 954, 954) *1,122 Market Rant If you look at the numbers, it really doesn't look like anything really changed from last week, but of course there was! The overall inventory and tracked categories barley increased this week, giving the illusion that it was a sleepy market with measly single digit additions. Does that mean nothing happened all week? Of course not! It simply means that inventory old and new was met with factors that reduce, to balance those stats. Almost, as you would call it, a balanced market. Still not a lot of week to week additions, but buyer activity is still cookin! Just look at the number of properties that received and accepted offer this week. Without the usual crush of winter that generally puts a to halt to the market, buyers have been able to keep the search going, or start one up, and sellers had the chance to get ready to list. With the pre-Spring market already performing above expectation, the actual Spring market should be one for the books. If Sellers aren't aware of the current balanced market conditions, surely, Spring should reveal it. Keep a watch, and stay tuned to blog to keep up to date! Thanks for stopping by!  The Weekly Adogtable! Eager to please, Savannah is always ready for the next adventure! This sweet girl is energetic and playful, sometimes rambunctiously so. Due to her young age, she's still working on her doggy manners- obedience classes are not mandatory, but definitely recommended! When meeting new people for the first time, Savannah can be shy and a bit awkward, but once she's comfortable (with the help of some treats and encouragement), she becomes a wiggly, happy soul! She would love your help being introduced to new places and things in order to overcome her occasional reluctance to leave her comfort zone. Savannah would do best in a home: -Without other animals (but she could learn to socialize with other dogs outside the home) -With children over the age of 10 years -Obedience training recommended This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE Halifax (HRM) Residential Statistic Update for the Week of February 8th - February 15th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 276 (289, 199, 254, 263) *178 Sold: 99 (101, 123, 97, 78) *79 Sale To Listing Ratio: 36% (35%, 62%, 38%, 30%) *44% Price Changes: 103 (89, 84, 84, 116) *94 Listings that went conditional/pending: 125 (146, 131, 130, 139) *103 Expired/Cancelled/Withdrawn: 88 (155, 148, 65, 75) *104 Total Active Halifax/Dartmouth Inventory: 3,605 (3,553, 3,521, 3,580, 3,534) +4,217 Absorption Rate in weeks: 34 (36, X, X, X) *48 Single Family Home Stats Active Single Family Home: 1.932 (1,903, 1,891, 1,947, 1,937) *2,472 Average Single Family Home List Price: $303,968 ($323k,$308k,$332k,$297k) *$298k Average Single Family Home Selling Price: $297,298 ($311k,$299k,$321k,$275k) *$290k Single Family Home Sale to List Ratio This Week: 98% (96%, 97%, 97%, 93%) *97% Median Single Family Home List Price (6 mo): $274,900 ($275,$275k,$275k,$275k)*$279k Median Single Family Home Sold Price (6 mo):$268,400 ($269k,$268k,$269k,$269k)*$268k Average Days on Market Single Family Home: 110 (95, 91, 94, 108) *75 Condo Stats Active Condos: 365 (359, 348, 348, 349) *409 Average Condo Listing Price: $283,466 ($221k, $266k, $238k, $276k) *$210k Average Condo Selling Price: $275,833 ($216k, $263k, $231k, $267k) *$203k Condo Sale to List Ratio This Week: 97% (98%, 99%, 97%, 97%) 97% Median Condo List Price (6 mo): $238,175 ($239k, $239k, $239k, $240k) *$230k Median Condo Sold Price (6 mo): $230,000 ($233k, $235k, $234k, $239k) *$221k Average Days on Market Condos: 58 (87, 83, 54, 139) *182 Active Vacant Lots: 982 (963, 954, 954, 918) *1,198 Market Rant I'm not one to temp fate, but what happened to Winter? Don't get me wrong, I'm certainly not complaining, in fact, quite the opposite. Showing property's in knee deep snow is not ideal for all parties involved, nor is conducting inspections or driving from showing to showing in it either. The good thing about the mild Winter is that activity hasn't really skipped a beat. With a minimal number of snow/ice days, Buyers have been out in full force, scooping up property left and right. Someone might have told Sellers that it's time to dust off the "for sale" sign, as there was a surge in new listing additions this week. Levels reported higher in all product types, signalling the possibility an early Spring listing market. Almost 100 more products added this week compared to last weeks at this time, which is significant, but we witnessed more sales this year keeping that number from impacting too much. Things are still looking good, and really good for mid February, so stay tuned to stay up to date on the current state of the market. Thanks for stopping by!  The Weekly Adogtable! This 4 year old fetching fella enjoys human companionship and would enjoy a home where he can have lots of snuggles, who could say no to that face anyway! Due to his unforeseen health issues, he has found his way to us. Fred has dermatitis and is currently under treatment, which we already see some improvement with. Fred would love to find himself in a home with children 16 years of age and older as he does not like to share items that he considers high value. This can easily be managed in the proper home. This "cuddly companion" is available through the Provincial SPCA, a non profit rescue organization from Halifax, Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often  The ViewPoint Realty Interactive Property Map VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE Halifax (HRM) Residential Statistic Update for the Week of February 1st - February 8th, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 289 (199, 254, 263, 151) *290 Sold: 101 (123, 97, 78, 55) *91 Sale To Listing Ratio: 35% (62%, 38%, 30%, 36%) *31% Price Changes: 89 (84, 84, 116, 93) *137 Listings that went conditional/pending: 146 (131, 130, 139, 77) *131 Expired/Cancelled/Withdrawn: 155 (148, 65, 75, 100) *89 Total Active Halifax/Dartmouth Inventory: 3,553 (3,521, 3,580, 3,534, 3,487) +4,221 Absorption Rate in weeks: 36 ( X, X, X, X) *48 Single Family Home Stats Active Single Family Home: 1.903 (1,891, 1,947, 1,937, 2,053) *2,467 Average Single Family Home List Price: $323,059 ($308k,$332k,$297k,$355k) *$321k Average Single Family Home Selling Price: $311,208 ($299k,$321k,$275k,$310k) *$311k Single Family Home Sale to List Ratio This Week: 96% (97%, 97%, 93%, 87%) *97% Median Single Family Home List Price (6 mo): $275,000 ($275k,$275k,$275k,$280k)*$279k Median Single Family Home Sold Price (6 mo):$269,000 ($268k,$269k,$269k,$268k)*$267k Average Days on Market Single Family Home: 95 (91, 94, 108, 96) *113 Condo Stats Active Condos: 359 (348, 348, 349, 325) *408 Average Condo Listing Price: $221,241 ($266k, $238k, $276k, $266k) *$208k Average Condo Selling Price: $215,866 ($263k, $231k, $267k, $258k) *$198k Condo Sale to List Ratio This Week: 98% (99%, 97%, 97%, 97%) 95% Median Condo List Price (6 mo): $238,900 ($239k, $239k, $240k, $239k) *$230k Median Condo Sold Price (6 mo): $233,000 ($235k, $234k, $239k, $235k) *$222k Average Days on Market Condos: 87 (83, 54, 139, 92) *178 Active Vacant Lots: 963 (954, 954, 918, 904) *1,102 Market Rant January's in the books, and despite the unusual weather we've been having, the market is quite active. This week is reporting similarly to last year at this time, but with a few improvements; lower inventory levels across the board, and a significantly lower absorption rate. Most of the other stats have quite marginal variations, such as more sales, less price changes (probably due to the lower amount of products on the market), stronger values, and fewer days on market. All good things. Even though these stats are marginal, they keep chipping away week after week until eventually those small weekly contributions add up. That seems to be what happened last year. Although it was noticed that things were changing week to week, without noteworthy stat fluctuations, the improved market took its time and gradually presented itself. Luckily, the presentation hasn't stopped yet, so make sure you stay tuned to the blog to stay on top of the Halifax real estate market! Thanks for stopping by!  The Weekly Adogtable! Are you looking for a sweet older gal with a zest for life? Diva is the ideal walking buddy and couch companion. She'll happily hit up the walking trails and explore all of your favourite outdoor spots (and maybe even help you discover some new ones)! Slowing down isn't on her to-do list, as Diva has lots of energy to spare. She'll keep you on your toes and challenge you to keep up with a goofy grin on her face! Diva would be best suited to a home: -Without other dogs (this diva has a bit of an attitude and lacks her doggy manners) -With or without cats -With children of all ages -With an adopter prepared to consult with a veterinarian and commit to meeting Diva's dietary needs with a weight management plan for her obesity This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE Halifax (HRM) Residential Statistic Update for the Week of January 25th to February 1st, 2018 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 199 (254, 263, 151, 141) *316 Sold: 123 (97, 78, 55, 112) *85 Sale To Listing Ratio: 62% (38%, 30%, 36%, 79%) *27% Price Changes: 84 (84, 116, 93, 53) *133 Listings that went conditional/pending: 131 (130, 139, 77, 94) *129 Expired/Cancelled/Withdrawn: 148 (65, 75, 100, 163) *191 Total Active Halifax/Dartmouth Inventory: 3,521 (3,580, 3,534, 3,487, 3,676) +4,172 Absorption Rate in weeks: X ( X, X, X, 32) *51 Single Family Home Stats Active Single Family Home: 1.891 (1,947, 1,937, 2,053, 1,988) *2,434 Average Single Family Home List Price: $307,972 ($332k,$297k,$355k,$330k) *$282k Average Single Family Home Selling Price: $297,761 ($321k,$275k,$310k,$317k) *$271k Single Family Home Sale to List Ratio This Week: 97% (97%, 93%, 87%, 96%) *96% Median Single Family Home List Price (6 mo): $274,900 ($275k,$275k,$280k,$279k)*$280k Median Single Family Home Sold Price (6 mo):$267,750 ($269k,$269k,$268k,$270k)*$268k Average Days on Market Single Family Home: 91 (94, 108, 96, 77) *113 Condo Stats Active Condos: 348 (348, 349, 325, 355) *398 Average Condo Listing Price: $265,962 ($238k, $276k, $266k, $249k) *$354k Average Condo Selling Price: $262,775 ($231k, $267k, $258k, $240k) *$344k Condo Sale to List Ratio This Week: 99% (97%, 97%, 97%, 96%) 97% Median Condo List Price (6 mo): $239,000 ($239k, $240k, $239k, $244k) *$230k Median Condo Sold Price (6 mo): $234,500 ($234k, $239k, $235k, $249k) *$223k Average Days on Market Condos: 83 (54, 139, 92, 98) *219 Active Vacant Lots: 954 (954, 918, 904, 961) *1,099 Market Rant Boom! Just like that, January is in the books. Market reports during the winter see a bit more fluctuation than those of warmer months. This activity can be categorized as the "freeze/thaw" factor; getting out to check out listings or putting your home on the market may seem like a great plan, but mother nature has a different agenda. This is definitely noticed around this time of season, although, we are approaching the end of it (hopefully). During these times, we also get reports of burst activity, where Tuesday sees just a few properties go pending, but the very next day your seeing double digits. Gotta get in when you can! The last couple of weeks witnessed more of a stalled market (likely due to the storms and weather), which may have caused a few of the following anomaly. Inventory shot down this week, which is odd for this time of year, however, it is the first of the month, so many listing contracts might have ended today causing the larger number. It looks like Single Family Homes are the main contributor to that stat, which also saw strong sales and lack of new additions this week. Shaping up to continue the momentum generated in 2017, so stay tuned to the blog to stay on top of the 2018 market! Thanks for stopping by!
The Weekly Adogtable! Meet BRUNO. He was found as a stray and no one came for him. He needs us to neuter and microchip him. Age: 2 years old or less. Vet will confirm found abandoned and no one came to claim him. Has been vaccinated and on Bordetella Neuter+ microchip soon. Excited disposition and always happy to see people. No resource guarding noticed. Will destroy plush sqeaky toys. Jumps up to greet. Fear reactive to dogs bigger than him. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often  The ViewPoint Realty Interactive Property Map VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. 
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