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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 269 (183, 233, 159, 124) *266 Sold: 114 (92, 115, 89, 93) *110 Sale To Listing Ratio: 42% (49%, 49%, 56%, 75%) *41% Price Changes: 90 (58, 73, 53, 63) *92 Conditional Sale: 143 (122, 110, 114, 79) *146 Expired/Cancelled/Withdrawn: 39 (38, 46, 38, 31) *32 Total Active Halifax/Dartmouth Inventory: 1,585 (1,528, 1,509, 1,473, 1,470) *1,569 Absorption Rate: *16 (16, 17, 16, 17) *14 Single Family Home Stats Active Single Family Home: 740 (700, 682, 674, 664) *744 Average Single Family Home List Price: $689,469 ($661k, $646k, $657k, $610k) *$622k Average Single Family Home Selling Price: $678,348 ($657k, $640k, $643k, $605k) *$625k Single Family Home Sale to List Ratio This Week: 98% (99%, 99%, 98%, 99%) *101% Median Single Family Home List Price (6 mo):$589,000 ($585k, $585k, $560k, $580k) *$570K Median Single Family Home Sold Price(6 mo):$577,500 ($575k, $575k, $572k, $570k)*$570k Average Days on Market Single Family Home: 49 (60, 41, 65, 43) *28 Condo Stats Active Condos: 212 (204, 209, 184, 187) *157 Average Condo Listing Price: $440,158 ($425k, $462k, $470k, $440k) *$420k Average Condo Selling Price: $429,141 ($418k, $453k, $460k, $420k) *$412k Condo Sale to List Ratio This Week: 97% (98%, 98%, 98%, 96%) *98% Median Condo List Price (6 mo): $434,900 ($440k, $437k, 440k, $435k) *$440k Median Condo Sold Price (6 mo): $426,750 ($430k, $430k, $430k, $429k) *$435k Average Days on Market Condos 39 (68, 68, 34, 53) *44 Active Vacant Lots: 362 (358, 355, 352, 360) *431 Market Rant This week, the Halifax market saw a strong rebound in new listing activity this week, with a noticeable jump in properties coming to market. Sales also picked up compared to the previous week, but not at the same pace as new supply, creating a bit more breathing room for buyers. Inventory continued to climb, reaching one of the higher points we’ve seen in recent months. This steady build in available homes is giving buyers more choice and contributing to a gradual shift toward more balanced conditions. In the single-family home segment, prices pushed higher again this week, continuing an upward trend that has been building over the past few weeks. Homes are still selling close to their asking prices, although marketing times remain somewhat elevated, suggesting buyers are taking a more thoughtful approach as options increase. The condominium market showed some improvement in activity, with stronger movement compared to the previous week. Pricing softened slightly, but units are still generally trading close to list price. A drop in time on market suggests that well-priced condos are continuing to attract attention. Overall, the market is showing signs of increased activity alongside rising inventory, creating a more balanced and competitive landscape for both buyers and sellers. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 183 (233, 159, 124, 181) *259 Sold: 92 (115, 89, 93, 95) *109 Sale To Listing Ratio: 49% (49%, 56%, 75%, 53%) *42% Price Changes: 58 (73, 53, 63, 64) *80 Conditional Sale: 122 (110, 114, 79, 102) *131 Expired/Cancelled/Withdrawn: 38 (46, 38, 31, 41) *34 Total Active Halifax/Dartmouth Inventory: 1,528 (1,509, 1,473, 1,470, 1,468) *1,511 Absorption Rate: *16 (17, 16, 17, 18) *14 Single Family Home Stats Active Single Family Home: 700 (682, 674, 664, 662) *698 Average Single Family Home List Price: $661,029 ($646k, $657k, $610k, $665k) *$644k Average Single Family Home Selling Price: $656,703 ($640k, $643k, $605k, $654k) *$639k Single Family Home Sale to List Ratio This Week: 99% (99%, 98%, 99%, 98%) *99% Median Single Family Home List Price (6 mo):$584,900 ($585k, $560k, $580k, $580k) *$570K Median Single Family Home Sold Price(6 mo):$575,000 ($575k, $572k, $570k, $570k)*$570k Average Days on Market Single Family Home: 60 (41, 65, 43, 59) *34 Condo Stats Active Condos: 204 (209, 184, 187, 191) *153 Average Condo Listing Price: $425,000 ($462k, $470k, $440k, $460k) *$452k Average Condo Selling Price: $417,500 ($453k, $460k, $420k, $452k) *$447k Condo Sale to List Ratio This Week: 98% (98%, 98%, 96%, 98%) *99% Median Condo List Price (6 mo): $439,500 ($437k, 440k, $435k, $440k) *$440k Median Condo Sold Price (6 mo): $429,900 ($430k, $430k, $429k, $430k) *$432k Average Days on Market Condos 68 (68, 34, 53, 41) *18 Active Vacant Lots: 358 (355, 352, 360, 359) *406 Market Rant The Halifax real estate market saw a slight pullback in new listings this week compared to the previous surge, while sales activity softened as well. Despite this, overall conditions remain steady, with buyer demand continuing to absorb a good portion of available inventory. Inventory levels edged a bit higher again this week, continuing the gradual build we’ve been seeing. This ongoing increase in supply is giving buyers more choice and slowly easing some of the pressure that defined earlier market conditions. In the single-family home segment, prices remained strong and continue to track closely with recent weeks, with homes still selling very close to their asking prices. That said, marketing times ticked up, suggesting buyers are taking a bit more time and becoming more selective as options increase. The condominium market showed a slight softening in pricing this week alongside a steady level of inventory. Units are still generally selling close to list price, but longer time on market points to a more balanced dynamic compared to the tighter conditions seen earlier. Overall, the market continues to transition toward a more balanced environment, with increasing inventory, steady pricing, and buyers taking a more measured approach. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 233 (159, 124, 181, 192) *259 Sold: 115 (89, 93, 95, 97) *109 Sale To Listing Ratio: 49% (56%, 75%, 53%, 50%) *42% Price Changes: 73 (53, 63, 64, 54) *80 Conditional Sale: 110 (114, 79, 102, 107) *131 Expired/Cancelled/Withdrawn: 46 (38, 31, 41, 92) *34 Total Active Halifax/Dartmouth Inventory: 1,509 (1,473, 1,470, 1,468, 1,435) *1,511 Absorption Rate: *17 (16, 17, 18, 20) *14 Single Family Home Stats Active Single Family Home: 682 (674, 664, 662, 663) *698 Average Single Family Home List Price: $645,939 ( $657k, $610k, $665k, $623k) *$644k Average Single Family Home Selling Price: $639,595 ($643k, $605k, $654k, $617k) *$639k Single Family Home Sale to List Ratio This Week: 99% (98%, 99%, 98%, 99%) *99% Median Single Family Home List Price (6 mo):$584,900 ($560k, $580k, $580k, $580k) *$570K Median Single Family Home Sold Price(6 mo):$575,000 ($572k, $570k, $570k, $571k)*$570k Average Days on Market Single Family Home: 41 (65, 43, 59, 45) *34 Condo Stats Active Condos: 209 (184, 187, 191, 181) *153 Average Condo Listing Price: $461,687 ($470k, $440k, $460k, $472k) *$452k Average Condo Selling Price: $453,281 ($460k, $420k, $452k, $461k) *$447k Condo Sale to List Ratio This Week: 98% (98%, 96%, 98%, 98%) *99% Median Condo List Price (6 mo): $437,400 (440k, $435k, $440k, $440k) *$440k Median Condo Sold Price (6 mo): $429,900 ($430k, $429k, $430k, $430k) *$432k Average Days on Market Condos 68 (34, 53, 41, 76) *18 Active Vacant Lots: 355 (352, 360, 359, 357) *406 Market Rant The Halifax real estate market saw a noticeable increase in new listings this week, bringing a welcome boost to overall inventory levels. Sales activity remained steady, indicating that buyer demand continues to absorb much of the new supply coming to market...for now. Inventory levels are now approaching where they were at this time last year, suggesting the market is gradually moving toward a more balanced environment compared to the tighter conditions seen previously. In the single-family home segment, prices continue to hold relatively steady with homes still selling close to their asking prices. Marketing times improved compared to some of the previous weeks, which suggests buyers remain active when well-priced properties become available. The condominium market also saw an increase in available listings, giving buyers more selection than in recent weeks. Even with the added inventory, condos are still generally trading close to their list prices, reflecting ongoing demand in that segment. Overall, the market continues to show steady activity with increasing inventory and consistent buyer interest, helping conditions gradually move toward a healthier balance between supply and demand. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 186 (159, 124, 181, 192) *266 Sold: 93 (89, 93, 95, 97) *110 Sale To Listing Ratio: 50% (56%, 75%, 53%, 50%) *41% Price Changes: 61 (53, 63, 64, 54) *92 Conditional Sale: 124 (114, 79, 102, 107) *146 Expired/Cancelled/Withdrawn: 88 (38, 31, 41, 92) *32 Total Active Halifax/Dartmouth Inventory: 1,455 (1,473, 1,470, 1,468, 1,435) *1,569 Absorption Rate: *16 (16, 17, 18, 20) *14 Single Family Home Stats Active Single Family Home: 661 (674, 664, 662, 663) *744 Average Single Family Home List Price: $612,345 ( $657k, $610k, $665k, $623k) *$622k Average Single Family Home Selling Price: $609,094 ($643k, $605k, $654k, $617k) *$625k Single Family Home Sale to List Ratio This Week: 99% (98%, 99%, 98%, 99%) *101% Median Single Family Home List Price (6 mo):$579,900 ($560k, $580k, $580k, $580k) *$570K Median Single Family Home Sold Price(6 mo):$575,000 ($572k, $570k, $570k, $571k)*$570k Average Days on Market Single Family Home: 36 (65, 43, 59, 45) *28 Condo Stats Active Condos: 190 (184, 187, 191, 181) *157 Average Condo Listing Price: $455,244 ($470k, $440k, $460k, $472k) *$420k Average Condo Selling Price: $444,470 ($460k, $420k, $452k, $461k) *$412k Condo Sale to List Ratio This Week: 99% (98%, 96%, 98%, 98%) *98% Median Condo List Price (6 mo): $429,900 (440k, $435k, $440k, $440k) *$440k Median Condo Sold Price (6 mo): $426,000 ($430k, $429k, $430k, $430k) *$435k Average Days on Market Condos 62 (34, 53, 41, 76) *44 Active Vacant Lots: 350 (352, 360, 359, 357) *431 Market Rant Inventory across Halifax held fairly steady this week, with a healthy stream of new listings arriving to market while buyer activity continued at a moderate but consistent level. Sales were similar to the previous couple of weeks, and a noticeable number of homes moved into conditional status, suggesting buyers are still active and writing offers even if some are taking a little more time to finalize decisions. Price adjustments ticked up slightly as sellers continued to fine-tune their positioning in a market where buyers are being a bit more selective. In the single-family home segment, prices eased back from last week’s jump but remain broadly consistent with recent trends. Homes are moving more quickly again compared to the previous week, which is a positive sign for sellers, and sale-to-list ratios continue to indicate that well-priced homes are attracting solid interest. The condo market also remained steady, with both listing and selling prices settling back slightly after last week’s increase. Condos did take a bit longer to sell this week, though activity remains healthy with buyers still stepping in when value is evident. Overall inventory dipped slightly, while vacant land listings edged down again as well. Taken together, the market continues to show balanced activity with steady supply and ongoing buyer engagement across multiple property types. Looking ahead: as we move closer to the Spring market, it will be interesting to see whether buyer activity continues to build as more listings gradually return to the market. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable"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 Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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. Latest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fifteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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