(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 221 (208, 170, 135, 130) *259
Sold:  124  (131, 110, 119, 105) *201
Sale To Listing Ratio: 56% (63%, 65%, 87%, 81%) *78%
Price Changes: 13 (14, 23, 15, 19) *62
Listings that went conditional/pending: 158 (137, 138, 121, 135)  *237
Expired/Cancelled/Withdrawn: 26 (28, 32, 41, 29) *31
Total Active Halifax/Dartmouth Inventory:  560 (555, 518, 520, 534) +891
Absorption Rate in weeks:  5 (5, 5, 5, X) *15

Single Family Home Stats
Active Single Family Home: 177 (174, 156, 157, 140) *306
Average Single Family Home List Price:  $506,811 ($507k,$530k,$494k,$596k) *$469k
Average Single Family Home Selling Price:  $596,089 ($597k,$622k,$582k,$645k) *$491k
Single Family Home Sale to List Ratio This Week: 118%  (118%, 117%, 118%,108%) *105%
Median Single Family Home List Price (6 mo): $399,900($400k,$400k,$400k,$400k) *$360k
​Median Single Family Home Sold Price (6 mo):$460,900 ($455k,$450k,$450k,$442k)*$371k
Average Days on Market Single Family Home: 18 (21, 22, 21, 23) *40

Condo Stats
Active Condos:  35 (39, 29, 25, 28) *104
Average Condo Listing Price:  $396,077 ($452k, $353k,$480k, $464k) *$372k
Average Condo Selling Price: $456,361 ($529k, $450k, $531k, $506k) *$390k
Condo Sale to List Ratio This Week: 115% (117%, 127%, 111%, 109%)  *105%
Median Condo List Price (6 mo): $350,000 ($350k, $350k, $349k, $350k) *$276k
Median Condo Sold Price (6 mo): $374,000 ($371k, $360k, $361k, $361k) *$279k
Average Days on Market Condos: 34 (6, 6, 11, 35) *79

Active Vacant Lots: 239 (233, 223, 241, 262) *378

Market Rant
What's this? Two weeks in a row where the inventory has gained in strength? You better believe it! Now, it's not exactly the listing dump we could use, but anything at this point certainly helps. This week did see a good amount of products come to market this week, which was a welcomed sight to wary buyers hoping to land a property to call their own. So it's the little engine that could market right now, and the hope is that we will crest the peak in Spring to get us over the buying doldrums the Halifax market currently finds itself in. I have heard rumblings that interest rate hikes could be a contributing factor to the late Winter push, and combine that with the late 2021 listing vacant, it has been a recipe for this super heated market we currently find ourselves in. As more listings come to market, the more buyers attention will be divided, giving a better chance for buyers to lock something up, and perhaps cool the overbid prices a little as a side effect. Speaking of overbids, those amounts crept up again this week on the six month median for both tracked products, which will likely continue to push higher until the market catches up to the current state of things. The last few weeks have been incredibly challenging and competitive for buyers across the board, especially in the entry level price points and anything within 20 minutes to the city. Spring is on the way, and the hope is that these early signs of listing life continue well into the year. Stay tuned to find out what happens, and stay informed! Thanks for stopping by! 

Approx Age: 5 years
Gender: Male
Site: Dartmouth
Luka
Male Neutered Shepherd/Husky mix (~42kgs)
5 years old (approximately) 
Suitable for adults only
No apartments
Suitable for experienced dog owners

This handsome guy Luka, is ready to find his forever home. Luka has a lot of energy and loves a good game of fetch! He can play for hours and still want to keep going. Luka is a very sweet boy who does enjoy attention once he gets to know you. He doesn't always realize his own size when he jumps up to say hello. This season is Luka's favorite as he loves the snow. He will gladly chase snowball after snowball regardless if he can catch them or not!


Interested in adopting? Please review our new adoption process here: https://www.novascotiaspca.ca/adoptionprocess/

This "cuddly companion" is available through the Nova Scotia SPCA, 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: 208 (170, 135, 130, 155) *229
Sold:  131  (110, 119, 105, 97) *187
Sale To Listing Ratio: 63% (65%, 87%, 81%, 63%) *82%
Price Changes: 14 (23, 15, 19, 24) *44
Listings that went conditional/pending: 137 (138, 121, 135, 136)  *212
Expired/Cancelled/Withdrawn: 28 (32, 41, 29, 40) *30
Total Active Halifax/Dartmouth Inventory:  555 (518, 520, 534, 576) +912
Absorption Rate in weeks:  5 (5, 5, X, X) *5

Single Family Home Stats
Active Single Family Home: 174 (156, 157, 140, 159) *318
Average Single Family Home List Price:  $507,182 ($530k,$494k,$596k,$543k) *$464k
Average Single Family Home Selling Price:  $596,627 ($622k,$582k,$645k,$603k) *$484k
Single Family Home Sale to List Ratio This Week: 118%  (117%, 118%,108%, 111%) *104%
Median Single Family Home List Price (6 mo): $399,900($400k,$400k,$400k,$399k) *$360k
​Median Single Family Home Sold Price (6 mo):$455,000 ($450k,$450k,$442k,$440k)*$370k
Average Days on Market Single Family Home: 21 (22, 21, 23, 26) *33

Condo Stats
Active Condos:  39 (29, 25, 28, 37) *100
Average Condo Listing Price:  $451,809 ($353k,$480k, $464k, $485k) *$394k
Average Condo Selling Price: $528,872 ($450k, $531k, $506k, $511k) *$405k
Condo Sale to List Ratio This Week: 117% (127%, 111%, 109%, 105%)  *103%
Median Condo List Price (6 mo): $349,999 ($350k, $349k, $350k, $340k) *$275k
Median Condo Sold Price (6 mo): $371,000 ($360k, $361k, $361k, $360k) *$279k
Average Days on Market Condos: 6 (6, 11, 35, 59) *79

Active Vacant Lots: 233 (223, 241, 262, 274) *393

Market Rant
Slowly getting some lift off! Gains in all tracked products this week, and the largest weekly increase so far this year. Still not enough to do a lot of damage to the demand, but it's a start, and a welcomed sight for weary buyers. As the Spring market approaches, so too does the peak of the inventory year. This gives buyers an opportunity to have the attention of new listings divided amongst the overall active buyer group, lessening the competition by simply having a few more options to choose from. Listings are usually active for a week or so, then offers are presented on a Sunday or Monday. If that is the trending formula and a few new listings are on the same path, then this will divide the group of interested buyers since only one can be bid on at a time. Now, this doesn't happen all of the time, it just seems to be the trend.

Values continue their march in the northern direction this week, specifically the overbid amounts. During the late fall last year, those numbers seemed to stabilize for a few months but the listing void left by the beginning of Winter left a vacancy that is slowly starting to fill back in... ever so slowly. The real stress test is coming though, since Spring is not only the busiest time for sellers to list, it is also the one of busiest time for active buyers who are relocating or making a lateral move. Hopefully the pressure continues to lift, giving buyers a fighting chance out there, cause at the moment it's pretty discouraging for a lot of price points and areas. Stay tuned to the blog and stay up to date with this ever changing market, and thanks for stopping by! 

Ellie is a shy little lady, she is very nervous of new people, with that we're asking people interested in adopting her to plan to come for multiple visits to meet her. Once warmed up Ellie is very sweet girl who loves to cuddle, she loves having a nice warm lap to curl up onto. 

Ellie is a very smart girl and still has some learning to do where she is so young. She does know sit, paw and lay down. She is pee pad trained but we're working with her now to get her use to using the bathroom outside. Ellie likes car rides and is also kennel trained. 

The best home suited for Ellie is a home with adults only. She would enjoy a lifestyle that isn't too busy, so she can get her cuddle time on the regular with her new family and also so she isn't getting overwhelmed. Ellie would benefit from another friendly confident animal in the household. She can be loud when left alone, as most chihuahua's can be, so an apartment wouldn't be a suitable place for her.

Ellie will be limited to how many interactions with possible adopters per day to allow her time to decompress between meetings. Please understand that she may not be available for meeting if you come to the shelter, but we can arrange for a future date/time.


Interested in adopting? Please review our new adoption process here: https://www.novascotiaspca.ca/adoptionprocess/

This "cuddly companion" is available through the Nova Scotia SPCA, 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: 170 (135, 130, 155, 161) *252
Sold:  110  (119, 105, 97, 68) *178
Sale To Listing Ratio: 65% (87%, 81%, 63%, 96%) *71%
Price Changes: 23 (15, 19, 24, 27) *70
Listings that went conditional/pending: 138 (121, 135, 136, 112)  *240
Expired/Cancelled/Withdrawn: 32 (41, 29, 40, 15) *34
Total Active Halifax/Dartmouth Inventory:  518 (520, 534, 576, 594) +938
Absorption Rate in weeks:  5 (5, X, X, X) *6

Single Family Home Stats
Active Single Family Home: 156 (157, 140, 159, 171) *335
Average Single Family Home List Price:  $529,508 ($494k,$596k,$543k,$518k) *$430k
Average Single Family Home Selling Price:  $621,735 ($582k,$645k,$603k,$544k) *$445k
Single Family Home Sale to List Ratio This Week: 117%  (118%,108%, 111%, 105%) *103%
Median Single Family Home List Price (6 mo): $399,900 ($400k,$400k,$399k,$400k) *$360k
​Median Single Family Home Sold Price (6 mo):$450,000 ($450k,$442k,$440k,$440k)*$369k
Average Days on Market Single Family Home: 22 (21, 23, 26, 13) *38

Condo Stats
Active Condos:  29 (25, 28, 37, 36) *101
Average Condo Listing Price:  $352,925 ($480k, $464k, $485k, $557k) *$367k
Average Condo Selling Price: $449,500 ($531k, $506k, $511k, $556k)) *$374k
Condo Sale to List Ratio This Week: 127% (111%, 109%, 105%, 99.7%)  *101%
Median Condo List Price (6 mo): $349,900 ($349k, $350k, $340k, $340k) *$270k
Median Condo Sold Price (6 mo): $360,100 ($361k, $361k, $360k, $352k) *$272k
Average Days on Market Condos: 6 (11, 35, 59, 30) *19

Active Vacant Lots: 223 (241, 262, 274, 279) *399

Market Rant
They they are! Finally, after a few dismal weeks of new listing additions, this week bounces back with a decent volume report, which couldn't have come at a more needed time. Stepping into the year with half of the inventory we had this time last year hasn't helped things, and with demand at an all time high, we find ourselves in a super heated sellers market yet again. Some pretty incredible value increases over the last few weeks, which most people are hoping we are simply in a unique time that is driving these prices to record heights. Starting to see things like zero condition offers, properties under showing siege, and double digit multiple offers, all of which are pouring gasoline on the already well lit market fire. Not only has property attainability become a huge concern for buyers, but so has affordability as well. With entry level homes that list in the $300k's that end up selling well into the $400k's it not only pushes buyers out of the market, but makes it that much more challenging for buyers to figure out just how to lock these properties up without pushing the limits of there budget for a property that may be well over the neighbourhood value threshold. That is an important factor for many buyers, since the next home might not be the last home, and life is always changing so sometimes it's hard to commit to a temporary residence. The biggest concern in that scenario, and for a lot of buyers, is buying over the top end just to see the market turn. FOMO is a real thing for buyers in a buyers market (what if I miss out on the property of my dreams next week? *after getting something under contract), but in this market its more like FONA (fear of nothing available). Spring is on the way, and so too is the inventory it brings (hopefully). Stay tuned to find out! Thanks for stopping by! 

Titan is in search of his forever home but he may need some help along the way - Titan has been assessed by our veterinarian as visually impaired! Don't let that fool you as Titan gets around very well, but we do want to ere on the side of caution if you have stairs in your home. Titan loves hanging around his people and engaging in play but sometimes he doesn't understand his own strength. He is a big lovable guy that is going to need a lot of patience understanding commands and cues in his new home. With being visually impaired he is going to need slow introductions and would thrive in a quiet home as loud noises can startled him.

Interested in adopting? Please review our new adoption process here: https://www.novascotiaspca.ca/adoptionprocess/

This "cuddly companion" is available through the Nova Scotia SPCA, 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: 135 (130, 155, 161, 117) *214
Sold:  118  (105, 97, 68, 112) *171
Sale To Listing Ratio: 87% (81%, 63%, 96%, 96%) *80%
Price Changes: 15 (19, 24, 27, 26) *67
Listings that went conditional/pending: 121 (135, 136, 112, 123)  *201
Expired/Cancelled/Withdrawn: 41 (29, 40, 15, 35) *54
Total Active Halifax/Dartmouth Inventory:  520 (534, 576, 594, 706) +972
Absorption Rate in weeks:  5 (X, X, X, 5) *7

Single Family Home Stats
Active Single Family Home: 157 (140, 159, 171, 192) *373
Average Single Family Home List Price:  $494,005 ($596k,$543k,$518k,$494k) *$443k
Average Single Family Home Selling Price:  $582,370 ($645k,$603k,$544k,$529k) *$454k
Single Family Home Sale to List Ratio This Week: 118%  (108%, 111%, 105%, 107%) *103%
Median Single Family Home List Price (6 mo): $399,900 ($400k,$399k,$400k,$394k) *$350k
​Median Single Family Home Sold Price (6 mo):$450,000 ($442k,$440k,$440k,$436k)*$365k
Average Days on Market Single Family Home: 21 (23, 26, 13, 22) *39

Condo Stats
Active Condos:  25 (28, 37, 36, 44) *101
Average Condo Listing Price:  $479,535 ($464k, $485k, $557k, $387k) *$298k
Average Condo Selling Price: $530,720 ($506k, $511k, $556k, $409k)) *$299k
Condo Sale to List Ratio This Week: 111% (109%, 105%, 99.7%, 106%)  *101%
Median Condo List Price (6 mo): $349,000 ($350k, $340k, $340k, $325k) *$270k
Median Condo Sold Price (6 mo): $360,900 ($361k, $360k, $352k, $343k) *$272k
Average Days on Market Condos: 11 (35, 59, 30, 73) *50

Active Vacant Lots: 241 (262, 274, 279, 353) *394

Market Rant
Despite the overall inventory dropping this week, we have life in the Single Family Home count with a small but mighty addition to their count! Condo count dropped a touch this week, and the winner for most significant reduction was vacant land. I mentioned last week that the overall feeling right now was one of buyer optimism, as many shopping in different product categories and locations started to notice more options becoming available. Still, as quickly as they are coming to market, they are still ultra competitive, since the void of new listings over the end of 2021 created another collection of buyers that are supercharging the bidding, keeping this time of year highly competitive. The hope is that listings will continue to march to the market and eventually reduce the buyer count and provide a more level playing field for those still searching. Inventory peaks in the next couple of months, so opportunity is sure to present itself, as long as this current trend maintains. The Median value counts seem to have stabilized for the most part. They have been reporting around the same values for a few months now, with the exception of the overbid averages which seem to be crawling up ever so slightly month to month. Since overbid amounts are somewhat baked into the current market, the question is if the same over list offer percentage is being suggested for properties that are listed to current market. My guess is that it remains the same at this point, since watching the current sales seems to reflect just that. Could be the time of year though, and if the third quarter of 2021 was any indication, the days of these extreme competitions may be tapering off. Time will tell, so make sure you stay tuned to the blog to stay informed! Thanks for stoping by! 

Rex is a handsome young lad looking for a home that will give him structure and routine to help him become a respectable member of society! Rex came into the shelter at no fault to his own when his owner could no longer care for him. He came into the shelter with his brother Rocky and although they get along great together they are looking to spread their wings and learn to become confident dogs separately. Rex loves to play and has the energy that follows, a home that is going to keep him mentally and physically active is a must! Rex would benefit from training as he does lack some manners but he is sure to win you over with his lovable personality. ​

Interested in adopting? Please review our new adoption process here: https://www.novascotiaspca.ca/adoptionprocess/

This "cuddly companion" is available through the Nova Scotia SPCA, 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