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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 305 (331, 272, 323, 306) *265 Sold: 175 (171, 142, 179, 151) *159 Sale To Listing Ratio: 57% (52%, 52%, 55%, 49%) *60% Price Changes: 232 (192, 195, 188, 169) *154 Conditional Sale: 172 (214, 201, 179, 178) *178 Expired/Cancelled/Withdrawn: 68 (41, 59, 107, 40) *63 Total Active Halifax/Dartmouth Inventory: 2,235 (2,198, 2,119, 2,145, 2,125) *1,962 Absorption Rate: *13 (14, 14, 14, 15) *12 Single Family Home Stats Active Single Family Home: 1,176 (1,168, 1,119, 1,137, 1,117) *1,017 Average Single Family Home List Price: $651,430 ($637k, $628k, $625k, $620k) *$661k Average Single Family Home Selling Price: $644,096 ($623k, $624k, $621k, $613k) *$655k Single Family Home Sale to List Ratio This Week: 99% (98%, 99%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $587k)*$598k Average Days on Market Single Family Home: 30 (37, 19, 30, 25) *25 Condo Stats Active Condos: 277 (275, 272, 270, 268) *196 Average Condo Listing Price: $464,678 ($499k, $510k, $523k, $485k) *$507k Average Condo Selling Price: $455,359 ($492k, $495k, $509k, $463k) *$508k Condo Sale to List Ratio This Week: 98% (99%, 97%, 97%, 96%) *100% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $449k) *$450k Median Condo Sold Price (6 mo): $445,000 ($445k, $438k, $437k, $436k) *$440k Average Days on Market Condos 38 (51, 38, 41, 55) *30 Active Vacant Lots: 455 (441, 430, 431, 427) *457 Market Rant The real estate market across Halifax continued its summer trend of strong activity paired with growing inventory. New listings remained elevated, helping push the number of available properties to another new high for the year. Buyers now have more choice than they've had in quite some time, yet the market continues to demonstrate impressive resilience. Sales activity improved slightly from the previous week, and homes continued to trade at very strong sale-to-list ratios. While inventory levels have expanded significantly compared to last year, buyers are clearly still stepping forward when they find properties that meet their needs and represent good value. The single-family home segment remained particularly stable. Average prices moved higher this week, homes sold very close to asking price, and days on market remained relatively low considering the amount of available inventory. The detached housing market continues to show that demand remains healthy, especially for well-maintained homes in desirable neighbourhoods. The condo market saw a slight softening in average prices this week, but the overall picture remains positive. Median prices continue to hold steady, properties are selling within a reasonable timeframe, and the segment remains an important option for buyers seeking affordability relative to the detached market. One of the most notable trends continues to be the relationship between supply and demand. Inventory has been climbing steadily for months, yet absorption rates remain relatively healthy. That combination is helping create a more balanced marketplace—one where buyers have options, but sellers who price and market their homes effectively can still achieve excellent results. This week's topic: the danger of watching headlines instead of the market. Every week I speak with buyers and sellers who are trying to interpret what the market is doing based on a single headline, a social media post, or a national news story. The problem is that real estate is intensely local. A headline about declining sales in another province doesn't necessarily tell us what's happening in Halifax. A story about rising inventory across Canada doesn't explain whether homes in your neighbourhood are selling quickly or sitting on the market. The reality is that our local market is rarely as dramatic as the headlines suggest. Most of the time, it's a story of gradual shifts rather than sudden changes. Inventory builds slowly. Buyer confidence improves or weakens over time. Pricing trends develop over months, not days. That's why understanding the local data matters so much. The buyers and sellers who make the best decisions are usually the ones focused on what's happening in their neighbourhood, their price range, and their property type—not what a headline from across the country is predicting. Real estate isn't a national market. It's thousands of local markets happening at the same time. Looking Ahead As we move further into the summer season, it will be interesting to see whether inventory continues its upward climb or begins to level off. For now, the market remains active, balanced, and full of opportunity for both buyers and sellers who approach it with realistic expectations and a solid game plan. 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: 331 (272, 323, 306, 292) *316 Sold: 171 (142, 179, 151, 135) *171 Sale To Listing Ratio: 52% (52%, 55%, 49%, 46%) *54% Price Changes: 192 (195, 188, 169, 173) *151 Conditional Sale: 214 (201, 179, 178, 177) *203 Expired/Cancelled/Withdrawn: 41 (59, 107, 40, 45) *44 Total Active Halifax/Dartmouth Inventory: 2,198 (2,119, 2,145, 2,125, 2,081) *1,971 Absorption Rate: *14 (14, 14, 15, 16) *12 Single Family Home Stats Active Single Family Home: 1,168 (1,119, 1,137, 1,117, 1,099) *1,020 Average Single Family Home List Price: $636,456 ($628k, $625k, $620k, $693k) *$658k Average Single Family Home Selling Price: $622,958 ($624k, $621k, $613k, $688k) *$635k Single Family Home Sale to List Ratio This Week: 98% (99%, 99%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$599,700 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $587k, $587k)*$596k Average Days on Market Single Family Home: 37 (19, 30, 25, 33) *20 Condo Stats Active Condos: 275 (272, 270, 268, 260) *186 Average Condo Listing Price: $498,500 ($510k, $523k, $485k, $430k) *$490k Average Condo Selling Price: $492,061 ($495k, $509k, $463k, $422k) *$488k Condo Sale to List Ratio This Week: 99% (97%, 97%, 96%, 98%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $449k, $447k) *$450k Median Condo Sold Price (6 mo): $445,000 ($438k, $437k, $436k, $431k) *$443k Average Days on Market Condos 51 (38, 41, 55, 26) *25 Active Vacant Lots: 441 (430, 431, 427, 408) *471 Market Rant The summer market across Halifax continued to show plenty of activity this week, with a noticeable surge in new listings helping push inventory to another new high for the year. Sellers remain eager to bring properties to market, while buyers continue to take advantage of the increased selection available across nearly every property type. Sales activity rebounded this week, matching levels seen during the same period last year and providing further evidence that demand remains healthy despite the growing inventory. Conditional sales also reached one of the strongest levels we've seen in recent weeks, suggesting many buyers are finding opportunities and moving forward with confidence. The single-family home market remained steady overall. Inventory continued to build, giving buyers more options to choose from, while prices remained relatively consistent. Homes are still selling close to asking price, although buyers appear willing to take a little more time evaluating properties before making a decision. This is creating a market where preparation, presentation, and pricing are becoming increasingly important for sellers. Condominiums continued to perform well, with prices holding firm and sale-to-list ratios remaining strong. While condos spent a bit longer on the market compared to last year, the segment continues to benefit from buyers seeking a more attainable entry point into homeownership. The broader story remains largely unchanged: inventory is growing, buyer activity remains healthy, and the market is gradually settling into a more balanced environment. While conditions are no longer as competitive as they were during the height of the pandemic market, properly priced homes continue to attract attention and successful sales. One of the most interesting developments this year has been the return of choice. For years, many buyers felt like they were shopping in a store with half-empty shelves. If something came available, you had to act quickly because there was a good chance it would be gone tomorrow. Today, the experience is very different. Buyers can compare properties, revisit homes, think through decisions, and negotiate when appropriate. That doesn't mean buyers have all the leverage—far from it—but it does mean the market is functioning more like a traditional real estate market. For sellers, this shift requires a different mindset. Success is no longer simply about being available when demand is high. It's about creating value, presenting a property well, and understanding where it fits within a growing pool of competing listings. In many ways, the return of choice is good news for everyone. Buyers can make more informed decisions, and sellers who prepare properly can still achieve excellent results. That's what a healthy market is supposed to look like. 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: 272 (323, 306, 292, 318) *324 Sold: 142 (179, 151, 135, 172) *186 Sale To Listing Ratio: 52% (55%, 49%, 46%, 54%) *57% Price Changes: 195 (188, 169, 173, 183) *164 Conditional Sale: 201 (179, 178, 177, 188) *190 Expired/Cancelled/Withdrawn: 59 (107, 40, 45, 48) *56 Total Active Halifax/Dartmouth Inventory: 2,119 (2,145, 2,125, 2,081, 2,036) *1,932 Absorption Rate: *14 (14, 15, 16, 15) *12 Single Family Home Stats Active Single Family Home: 1,119 (1,137, 1,117, 1,099, 1,067) *982 Average Single Family Home List Price: $628,259 ($625k, $620k, $693k, $635k) *$634k Average Single Family Home Selling Price: $623,612 ($621k, $613k, $688k, $628k) *$635k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99%, 99%) *101% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $595k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $587k, $587k, $585k)*$595k Average Days on Market Single Family Home: 19 (30, 25, 33, 33) *29 Condo Stats Active Condos: 272 (270, 268, 260, 255) *187 Average Condo Listing Price: $509,900 ($523k, $485k, $430k, $471k) *$473k Average Condo Selling Price: $495,000 ($509k, $463k, $422k, $458k) *$466k Condo Sale to List Ratio This Week: 97% (97%, 96%, 98%, 97%) *98% Median Condo List Price (6 mo): $449,700 ($450k, $449k, $447k, $445k) *$449k Median Condo Sold Price (6 mo): $437,500 ($437k, $436k, $431k, $430k) *$438k Average Days on Market Condos 38 (41, 55, 26, 45) *64 Active Vacant Lots: 430 (431, 427, 408, 408) *474 Market Rant The market across Halifax showed another week of healthy activity, with buyers and sellers continuing to engage despite the growing inventory landscape. While the number of new listings eased slightly from the previous week, there remains a substantial selection of properties available, offering buyers plenty of opportunities across a variety of price points and property types. One encouraging sign this week was the increase in conditional sales, suggesting that many buyers who have been watching from the sidelines are continuing to make moves. Although completed sales softened compared to the previous week, pending activity points to a market that remains active and engaged heading into the heart of the summer season. The single-family home segment continues to demonstrate remarkable stability. Homes are selling close to asking price, median values remain firm, and properties moved notably faster this week than they have in recent months. This combination suggests that well-priced homes are still attracting strong attention despite the increased competition among sellers. The condominium market also remained steady. Inventory has continued to build, giving buyers more choice, while pricing has remained relatively consistent. Condos are still proving to be an attractive option for first-time buyers, downsizers, and investors looking for alternatives to the detached housing market. Overall, the market feels increasingly balanced. Buyers have more options than they've had in years, yet demand remains strong enough to support steady pricing and healthy transaction levels. It's a far different environment from the frenzied conditions of the past, but one that offers opportunities for both buyers and sellers who approach the market with the right strategy. There's a common misconception that more inventory automatically means a weak market. In reality, a growing inventory can be one of the healthiest signs for a real estate market. For several years, buyers were forced to make decisions quickly, often with limited selection and significant competition. Today, buyers can compare properties, visit multiple homes, and make decisions with a little more confidence. That's not a sign of weakness—it's a sign of a market returning to normal. The challenge is that some market headlines focus exclusively on inventory growth without considering the bigger picture. Inventory can rise while prices remain stable. Inventory can rise while homes continue to sell quickly. Inventory can rise while demand remains healthy. What matters is the relationship between supply and demand, and right now both sides of the equation remain active. More choice doesn't necessarily mean less value—it simply means a healthier marketplace where buyers and sellers can make better-informed decisions. 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: 323 (306, 292, 318, 218) *287 Sold: 179 (151, 135, 172, 98) *157 Sale To Listing Ratio: 55% (49%, 46%, 54%, 45%) *55% Price Changes: 188 (169, 173, 183, 105) *145 Conditional Sale: 179 (178, 177, 188, 124) *180 Expired/Cancelled/Withdrawn: 107 (40, 45, 48, 59) *100 Total Active Halifax/Dartmouth Inventory: 2,145 (2,125, 2,081, 2,036, 1,983) *1,873 Absorption Rate: *14 (15, 16, 15, 16) *12 Single Family Home Stats Active Single Family Home: 1,137 (1,117, 1,099, 1,067, 1,031) *939 Average Single Family Home List Price: $624,900 ($620k, $693k, $635k, $642k) *$641k Average Single Family Home Selling Price: $620,842 ($613k, $688k, $628k, $636k) *$643k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99% 99%) *101% Median Single Family Home List Price (6 mo):$599,000 ($600k, $600k, $595k, $590k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($587k, $587k, $585k, $583k)*$592k Average Days on Market Single Family Home: 30 (25, 33, 33, 34) *31 Condo Stats Active Condos: 270 (268, 260, 255, 245) *178 Average Condo Listing Price: $522,711 ($485k, $430k, $471k, $530k) *$495k Average Condo Selling Price: $509,047 ($463k, $422k, $458k, $516k) *$478k Condo Sale to List Ratio This Week: 97% (96%, 98%, 97%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($449k, $447k, $445k, $450k) *$450k Median Condo Sold Price (6 mo): $437,250 ($436k, $431k, $430k, $436k) *$440k Average Days on Market Condos 41 (55, 26, 45, 52) *66 Active Vacant Lots: 431 (427, 408, 408, 401) *468 Market Rant The market across Halifax continued to show signs of a healthy and active spring season this week. New listings remained strong, bringing even more choice to the market and pushing overall inventory to its highest level in quite some time. For buyers, that means more opportunities and less pressure to make rushed decisions. For sellers, it means standing out has never been more important. Despite the growing supply of homes, buyer activity remained impressive. Sales increased from the previous week and conditional sales stayed steady, indicating that many buyers are still actively shopping and making decisions when the right property comes along. The market may be offering more selection, but demand hasn't disappeared—it has simply become more selective. The single-family home segment remained remarkably stable. Prices held steady, homes continued to sell very close to asking price, and properties were changing hands in a reasonable timeframe. This consistency has been one of the defining characteristics of the market so far this year, even as inventory continues to grow. The condo market posted a particularly strong week, with both listing and selling prices moving higher. At the same time, condos sold more quickly than they did a year ago, suggesting buyers remain attracted to the lifestyle and affordability benefits that condominium ownership can provide. A trend that's becoming harder to ignore is the number of price adjustments taking place across the market. Price changes have remained elevated for weeks, and that's often a sign that some sellers are still chasing yesterday's market rather than responding to today's reality. The challenge is that buyers have options now. Lots of them. When inventory was tight, an ambitious asking price could sometimes be forgiven because there were few alternatives available. Today, buyers can compare dozens of similar properties before deciding where to spend their money. If a home is priced too aggressively, buyers simply move on to the next listing. The homes generating the most activity are rarely the cheapest—they're the ones that represent the best value. Sellers who understand that distinction are often the ones securing showings, offers, and successful sales while others are left wondering why traffic has slowed. In a market with growing inventory, pricing isn't just a number—it's a marketing strategy. 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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