Halifax (HRM) Residential Market Statistic Update For Week of May July 23rd - July 30th 2015
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New or Back to Market Listings: 335 (360, 374, 464) *443
Sold: 136 (165, 120, 138, 153) *150
Sale To Listing Ratio: 41% (46%, 32%, 30%, 45%) *34%
Price Changes: 302 (310, 281, 326, 291) 
Listings that went conditional/pending:  180 (164, 139, 163, 162, 178)  *135
Expired/Cancelled/Withdrawn:  117 (137, 111, 126, 285) *122
Total Active Halifax/Dartmouth Inventory:  5,991 (5,962, 5,893, 5,800, 5,672) *5,769
Absorption Rate in weeks:  43 (41, 41, 37, 34) *40

Single Family Home Stats
Active Single Family Home: 4,092 (4,097, 4,026, 3,971, 4,165) *3,899
Average Single Family Home List Price:  $303,887  ($289k, $284k, $287k, $309k) *$324k
Average Single Family Home Selling Price:   $280,608 ($277k, $275k, $279k, $300k)  *$310k
Single Family Home Sale to List Ratio This Week: 92% (96%, 97%, 97%, 97%) *96%
Median Single Family Home List Price: $289,900 ($271k, $272k, $270k, $270k)
Median Single Family Home Sold Price: $276,900 ($262k, $262k, $270k, $262k)
Average Days on Market Single Family Home: 113 (76, 68, 72, 71) *87

Condo Stats
Active Condos:  522 (522, 526, 520, 559) *539
Average Condo Listing Price:  $263,468 ($242k, $258k, $257k, $246k) *$246k
Average Condo Selling Price: $238,630 ($237k, $250k, $247k, $237k) *$238k
Condo Sale to List Ratio This Week: 96% (98%, 97%, 96%, 97%) *97%
Median Condo List Price: $239,000 ($226k, $230k, $225k, $237k)
Median Condo Sold Price: $230,000 ($220k, $224k, $226k, $230k)
Average Days on Market Condos:  68 (79, 96, 118, 68) *70

Active Vacant Lots: 1,070 (1,040, 1,035, 1,013, 994) *957

MARKET RANT
Looking a bit different this week compared to the last few. Hello everyone, and thanks for stopping by the HREB (that's right, we've gone acronym!) New listing activity remains surprisingly low again for the third consecutive week, but this week, we didn't see a stellar sale performance. Although low, sales did manage to keep the sales to list ratio 

THE WEEKLY ADOGTABLE

Enzo is a young, Mastiff mix searching for a home to call his own! Weighing in at 91lbs (and still growing), this boy will need a large-breed experienced home with no children under 14. Enzo is a sweet boy, he can be very calm and loves affection - but that doesn't mean he doesn't love his play time! We are recommending obedience training to work on some minor behavioural issues: he can be jumpy and mouthy, especially when playing with his toys! He needs to work on his socialization skills with dogs, so he would like a home with no other dogs or kitties please :).

This "Happy Harry" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, Nova Scotia. More info about him, 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 property 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.

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. 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 Market Statistic Update For Week of May July 16th - July 23rd 2015
(Previous weeks numbers in brackets)
*Previous Year's Stats

Total Market
New or Back to Market Listings: 360 (374, 464, 341. 351) *462
Sold: 165 (120, 138, 153, 165) *143
Sale To Listing Ratio: 46% (32%, 30%, 45%, 47%) *31%
Price Changes: 310 (281, 326, 291, 349) 
Listings that went conditional/pending:  164 (139, 163, 162, 178, 175)  *148
Expired/Cancelled/Withdrawn:  137 (111, 126, 285, 90) *105
Total Active Halifax/Dartmouth Inventory:  5,962 (5,893, 5,800, 5,672, 5,798) *5,755
Absorption Rate in weeks:  41 (41, 37, 34, 33) *39

Single Family Home Stats
Active Single Family Home: 4,097 (4,026, 3,971, 4,165, 4,263,) *3,918
Average Single Family Home List Price:  $288,576  ($284k, $287k, $309k, $304k) *$321k
Average Single Family Home Selling Price:   $277,267  ($275k, $279k, $300k, 291k)  *$310k
Single Family Home Sale to List Ratio This Week: 96% (97%, 97%, 97%, 96%) *95%
Median Single Family Home List Price: $270,900 ($272k, $270k, $270k, $265k)
Median Single Family Home Sold Price: $262,000 ($262k, $270k, $262k, $258k)
Average Days on Market Single Family Home: 76 (68, 72, 71, 107) *97

Condo Stats
Active Condos:  522 (526, 520, 559, 577) *549
Average Condo Listing Price:  $241,525 ($258k, $257k, $246k, $249k,) *$243k
Average Condo Selling Price: $237,354 ($250k, $247k, $237k, $239k) *$237k
Condo Sale to List Ratio This Week: 98% (97%, 96%, 97%, 98%) *98%
Median Condo List Price: $225,900 ($230k, $225k, $237k, $235k)
Median Condo Sold Price: $220,000 ($224k, $226k, $230k, $227k)
Average Days on Market Condos:  79 (96, 118, 68, 103) *67

Active Vacant Lots: 1,040 (1,035, 1,013, 994, 1,005) *923

MARKET RANT

And we're back! A couple weeks on the ropes, but the market has come back swinging! Lots of positive points to pass along this week with the return to a stellar sales to list ratio, new and back to market listings are down, sales are up, and there's a good amount of potential sales in the breach according to the conditional /pending pile. Values remain steady across the board, and something I noticed this year in particular, the spread of list to sale selling percentages has increased. Where last year, the average listing to sale price floated around the 95% mark, and this year has been a solid 96% for the majority of the year thus far. Might indicate that sellers have a "stick to your guns" approach when it comes to listing, or that the listings that are selling are priced competitively enough that there is not a whole lot of negotiation that needs to take place. Now we're only talking averages here, and of course, every property and sale are different. There are so many factors that go into the psychology of selling property, from market to seller, each transaction is unique as the buyer and seller involved. Thanks for stopping by!

THE WEEKLY ADOGTABLE

"What we know about Gauge is he is a young boxer/am staff mix approx 13.5 months old . He loves kids and they have even taken toys from his mouth, good with cats and is well socialized with other dogs. He has even been good with Guinea pigs(loll). Gauge loves his toys especially popular are his Kong ones, tug rope and ball. He loves fetch and he is crate trained.

He is not fearful of anything such as strangers, thunder ect; He does not have food allergies. He rings a back door bell when he needs to go out. He knows some tricks and rides well in a vehicle. Gauge is up to date on vaccines but requires a neuter this week."

This "sad Sam" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, Nova Scotia. More info about her, 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 property 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.

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. 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

Want the ViewPoint Realty listing treatment? Contact me to see the difference, and get the scoop on just how much exposure your property gets!

Halifax (HRM) Residential Market Statistic Update For Week of May July 9th - July 16th 2015
(Previous weeks numbers in brackets)
*Previous Year's Stats

New or Back to Market Listings: 374 (464, 341. 351, 432) *
Sold: 120 (138, 153, 165, 169) *
Sale To Listing Ratio: 32% (30%, 45%, 47%, 39%) *
Price Changes: 281 (326, 291, 349, 357)
Listings that went conditional/pending:  139 (163, 162, 178, 175, 193)  *
Expired/Cancelled/Withdrawn:  111 (126, 285, 90, 166) *
Total Active Halifax/Dartmouth Inventory:  5,893 (5,800, 5,672, 5,798, 5,770) *
Active Single Family Home: 4,026 (3,971, 4,165, 4,263, 3,939) 3,900
Average Single Family Home List Price:  $283,983  ($287k, $309k, $304k, $303k) 
Average Single Family Home Selling Price:   $274,692  ($279k, $300k, 291k, $295k)  
Single Family Home Sale to List Ratio This Week: 97% (97%, 97%, 96%, 98%) 
Median Single Family Home List Price: $272,400 ($270k, $270k, $265k, $265k)
Median Single Family Home Sold Price: $262,000 ($270k, $262k, $258k, $255k)
Average Days on Market Single Family Home: 68 (72, 71, 107, 83) *
Active Condos:  526 (520, 559, 577, 528) *
Average Condo Listing Price:  $257,612 ($257k, $246k, $249k, $255k) *
Average Condo Selling Price: $249,448 ($247k, $237k, $239k, $250k) *
Condo Sale to List Ratio This Week: 97% (96%, 97%, 98%, 98%)
Median Condo List Price: $229,900 ($225k, $237k, $235k, $235k)
Median Condo Sold Price: $224,000 ($226k, $230k, $227k, $227k)
Average Days on Market Condos:  96 (118, 68, 103, 78) *
Absorption Rate in weeks:  41 (37, 34, 33, 35) 
Active Vacant Lots: 1,035 (1,013, 994, 1,005, 923) *

MARKET RANT

Second week in a row that indicates the short lived hot streak has already started to cool off. Hi everyone, and thanks for checking in on the blog! Activity in all areas of the market have backed off the throttle this week. New listings are down, sales are down, accepted offers on properties are down, well, you get the point. Summer in Halifax has finally arrived, and it could leave would be buyers with a tough decision; "should I go out and look at homes today, or head to the beach and enjoy the hot weather". Although I don't think that weather is a huge factor with buying a home, much like our endless winter we had this year, it has to have some impact. Still, there will always be those who have a job to do, and don't have the luxury of being picky when it comes to a season to buy. Wether it be a relocation, or getting into a new residence before starting the new job, there are buyers out there that simply must find a home. Others, well, because of the slow times, they have a chance to get out and see as many listings as they can handle, and can be very selective on the choice they make. Don't like the colour of the kitchen or the floors? Let's check out the other three listings on the same street and see how they look. Not only are finishes and overall package presentation becoming a "move along" point, prices are a huge factor with selection, and now is the time to sharpen the pencil and do some number crunching with the school season quickly approaching. Thanks for stopping by!

THE WEEKLY ADOGTABLE

Jezzy is a sweet, 2 year old Amstaff looking for a new home to call her own. Jezzy loves to run around and play, she's got lots of energy to burn and looking for a family that can fulfil her needs! Jezzy hasn't been tested with cats yet, but would do well with children over the age of 8. She does well with other dogs upon meetings, but with the little amount of socialization she's had we are recommending she not be homed with another dog. Obedience classes would benefit her greatly as she still has a few manners to work on; she can get mouthy when she's excited and playing. 
If you're interested in meeting this beautiful girl, come on by during our adoption hours!
Homeward Bound City Pound http://citypound.ca

This "darling diva" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, Nova Scotia. More info about her, 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 property 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.

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. 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 Market Statistic Update For Week of May July 2nd - July 9th 2015
(Previous weeks numbers in brackets)
*Previous Year's Stats

New or Back to Market Listings: 464 (341. 351, 432, 479) *544
Sold: 138 (153, 165, 169, 183) *130
Sale To Listing Ratio: 30% (45%, 47%, 39%, 38%) *26%
Price Changes: 326 (291, 349, 357, 388)
Listings that went conditional/pending:  163 (162, 178, 175, 193, 217)  *154
Expired/Cancelled/Withdrawn:  126 (285, 90, 166, 128) *111
Total Active Halifax/Dartmouth Inventory:  5,800 (5,672, 5,798, 5,770, 5,691) *5,715
Active Single Family Home: 3,971 (4,165, 4,263, 3,939, 3,971) 3,900
Average Single Family Home List Price:  $287,179  ($309k, $304k, $303k, $326k) $308k
Average Single Family Home Selling Price:   $279,444  ($300k, 291k, $295k, $296k)  $298k
Single Family Home Sale to List Ratio This Week: 97% (97%, 96%, 98%, 91%) 
Median Single Family Home List Price: $269,900 ($270k, $265k, $265k, $259k)
Median Single Family Home Sold Price: $260,000 ($262k, $258k, $255k, $249k)
Average Days on Market Single Family Home: 72 (71, 107, 83, 104) *87
Active Condos:  520 (559, 577, 528, 518) *549
Average Condo Listing Price:  $256,648 ($246k, $249k, $255k, $255k) *$228k
Average Condo Selling Price: $247,250 ($237k, $239k, $250k, $251k) *$222k
Condo Sale to List Ratio This Week: 96% (97%, 98%, 98%, 98%)
Median Condo List Price: $224,450 ($237k, $235k, $235k, $235k)
Median Condo Sold Price: $225,500 ($230k, $227k, $227k, $225k)
Average Days on Market Condos:  118 (68, 103, 78, 96) *89
Absorption Rate in weeks:  37 (34, 33, 35, 34) 
Active Vacant Lots: 1,013 (994, 1,005, 923, 928) *912

MARKET RANT

Well that was short lived. Just two weeks of a balanced market before returning to the buyers market blues (for sellers anyways), although, I think the beginning/end of the month listing expiry/renew cycle may have skewed the numbers a bit this week. Still good activity out there, and it appears that the market is in full swing, well, more active than the rest of the year so far. Despite the "better than last year" chant that I keep hearing, unfortunately, the stats are saying quite differently. Although values may be reporting stronger than last year, key market elements like the overall sales slump and record inventory heights are a continued challenge to sellers, mostly. Still, with the right market strategy and a realistic approach, things are moving. I used to think that the three biggest words when it came to selling property was location location location, but I'm thinking it's more like price, price, price! Or surely a combination of the two. Thanks for stopping by!

THE WEEKLY ADOGTABLE

Tanner is a handsome, healthy , neutered , UTD on vaccines, energetic approx 6.5 yr old lab, amstaff mix at best guess. He is child and dog friendly. Cats are unknown but I suspect he will chase to play so no cats.Tanner is Approx 80+ pounds.He is a bit overweight so a foster or adoptive home that would be committed to him receiving the appropriate amount of quality food and daily exercise would be ideal. Tanner loves riding in a vehicle.He is a people watcher and super friendly. You can touch him anywhere and all over his body . In fact he loves being petted . He is fed quality kibble and does not have any food or toy aggression issues:) Tanner walks well on his leash and harness outside even with distractions. He does greet very excitedly unless properly introduced which we are working on , then he calms right down.

This "mighty moose" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, Nova Scotia. More info about him, 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 property 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.

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. 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 Market Statistic Update For Week of May June 25th - July 2nd 2015
(Previous weeks numbers in brackets)
*Previous Year's Stats

New or Back to Market Listings: 341 (351, 432, 479, 707) *478
Sold: 153 (165, 169, 183, 186) *128
Sale To Listing Ratio: 45% (47%, 39%, 38%, 26%) *27%
Price Changes: 291 (349, 357, 388)
Listings that went conditional/pending:  162 (178, 175, 193, 217, 186)  *147
Expired/Cancelled/Withdrawn:  285 (90, 166, 128, 96) *300
Total Active Halifax/Dartmouth Inventory:  5,672 (5,798, 5,770, 5,691, 5,650) *5,660
Active Single Family Home: 4,165 (4,263, 3,939, 3,971, 3,826) 3,856
Average Single Family Home List Price:  $309,130  ($304k, $303k, $326k, $306k) $291k
Average Single Family Home Selling Price:   $299,625  ($291k, $295k, $296k, $293k)  $282k
Single Family Home Sale to List Ratio This Week: 97% (96%, 98%, 91%, 96%) 
Median Single Family Home List Price (YTD): $269,900 ($265k, $265k, $259k)
Median Single Family Home Sold Price (YTD): $261,500 ($258k, $255k, $249k)
Average Days on Market Single Family Home: 71 (107, 83, 104, 115) *86
Active Condos:  559 (577, 528, 518, 565) *555
Average Condo Listing Price:  $245,763 ($249k, $255k, $255k, $256k) *$255k
Average Condo Selling Price: $237,232 ($239k, $250k, $251k, $249k) *$249k
Condo Sale to List Ratio This Week: 97% (98%, 98%, 98%, 98%)
Median Condo List Price: $237,400 ($235k, $235k, $235k)
Median Condo Sold Price: $230,000 ($227k, $227k, $225k)
Average Days on Market Condos:  68 (103, 78, 96, 144) *80
Absorption Rate in weeks:  34 (33, 35, 34, 35) 
Active Vacant Lots: 994 (1,005, 923, 928, 941) *903

MARKET RANT

I hope everyone had a great Canada Day! For the second week in a row, Halifax is not only enjoying the improved weather, but the return of a balanced market after almost 4 years! Not since the Irving ship building contract have we seen such a high sales to list ratio, that being said, there is a perfect storm of factors that have contributed to the healthy report. Sales have reported above average for the time of year, and new listings have not only slowed, they've actually reduced. Coupled with the late start to the season, relocations, and the initial hiring blitz done by Irving Shipbuilding, and you get the results of what sellers have been hoping for...more activity! As predicted, it may be a late start to the season, but things are definitely shaping up in the market place and one can only hope that this is the preview of greater things to come. Thanks for stopping by!

THE WEEKLY ADOGTABLE

This adorable adoptable didn't even get a write up to help her chances with being adopted, but I'm sure if you where to visit her and spend some time, that you would fall in love with this loving girl. Everyone deserves a second chance in life, and having an adoptable around is second to none. If you are thinking that it's time to get a dog, please consider visiting one of the many rescues to save these amazing animals. Roxy is a boxer mix, and would be looking for an active life, with lots of care and snuggles.

This "lovely lady" is available through the Nova Scotia SPCA, a non profit rescue organization from Dartmouth, Nova Scotia. More info about him, 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 property 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.

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. 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