Halifax (HRM) Residential Statistic Update for the Week of July 20th - July 27th, 2017
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 305  (322, 360, 302, 319) *294
Sold:  167  (162, 164, 146, 168) *156
Sale To Listing Ratio: 55% (50%, 46%, 48%, 53%) *53%
Price Changes: 197 (233, 229, 189, 273) *247
Listings that went conditional/pending: 194 (160, 186, 176, 198)  *179
Expired/Cancelled/Withdrawn:  115 (119, 114, 257, 151) *118
Total Active Halifax/Dartmouth Inventory:  4,884  (4,894, 4,868, 4,825, 4,905) *5,519
Absorption Rate in weeks:  30 (30, 27, 26, 25)  *39

Single Family Home Stats
Active Single Family Home: 2,999 (3,010, 2,998, 2,957, 2,869) *3,637
Average Single Family Home List Price:  $299,507 ($324k,$310k,$286k,$308k) *$335k
Average Single Family Home Selling Price:  $286,647 ($314k,$302k,$276k,$298k)  *$319k
Single Family Home Sale to List Ratio This Week: 96%  (97%, 98%, 97%, 97%) *95%
Median Single Family Home List Price (6 mo): $279,000 ($279k,$275k,$275k,$280k)*$280k
​Median Single Family Home Sold Price (6 mo): $270,000 ($279k,$270k,$270k,$270k)*$275k
Average Days on Market Single Family Home: 74 (68, 77, 85, 69) *86

Condo Stats
Active Condos:  473  (479, 485, 476, 485) *504
Average Condo Listing Price:  $236,912 ($261k, $270k, $245k, $280k) *$235k
Average Condo Selling Price: $226,915  ($257k, $261k, $232k, $270k) *$227k
Condo Sale to List Ratio This Week: 96% (98%, 97%, 95%, 96%)  97%
Median Condo List Price (6 mo): $234,900 ($235k, $234k, $230k, $229k) *$229k
Median Condo Sold Price (6 mo): $225,000 ($225k, $223k, $220k, $220k) *$225k
Average Days on Market Condos: 66 (65, 114, 103, 81, 91) *86

Active Vacant Lots: 1,176  (1,156, 1,156, 1,159, 1,165) *1,095

Market Rant 
Looks like the we aren't quite done with that hot Spring market just yet! Although there has been less activity over the past few weeks, the activity reported is no less significant than that of the previous weeks reports. This week is no exemption from the trend, although it is a bit more obvious than the last couple of weeks that the hot market has returned. Reports where almost pointing to a sliding scale back to the side of normalcy, but the numbers this week are proving anything but. Although, the half of the year that we have checked in the box has set its own trend, which may make these reports seem normal. I still think there are a lot of folks behind the times when it comes to market trends, which is quite normal I would say, since the average person has no real need to engage the information unless they are involved in the market in someway, or have an interest in the subject matter. In 2012/13 people where quite taken back to here me say that the market was quite a challenge to sell in, maybe since the years leading up to 2011/12 were good market years. And so true is today, where many people are a bit over zealous based on the "buyers market" that has loomed over the market since, not realizing how quickly the tables turn. In any case, you can always stop by here to get a feel for whats happening out there in the Halifax real estate market, and I thank you for stopping by!

The Weekly Adogtable!
Meadow is as peaceful as her name suggests. Her eyes are certainly an expression of her gentle soul! She enjoys gentle walks, good company and taking naps. If you enjoy these things as well, she will be a great addition to your family.

Besides a quiet home, Meadow would be good with children and does not seem to mind cats. She would prefer to be the only dog though!

​This "cuddly companion" 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 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!

Halifax (HRM) Residential Statistic Update for the Week of July 13th - July 20th, 2017
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 322  (360, 302, 319, 329) *319
Sold:  162  (164, 146, 168, 239) *138
Sale To Listing Ratio: 50% (46%, 48%, 53%, 73%) *43%
Price Changes: 233 (229, 189, 273, 222) *289
Listings that went conditional/pending: 160 (186, 176, 198, 197)  *167
Expired/Cancelled/Withdrawn:  119 (114, 257, 151, 111) *119
Total Active Halifax/Dartmouth Inventory:  4,894  (4,868, 4,825, 4,905, 4,932) *5,528
Absorption Rate in weeks:  30 (27, 26, 25, 24)  *41

Single Family Home Stats
Active Single Family Home: 3,010 (2,998, 2,957, 2,869, 3,007) *3,670
Average Single Family Home List Price:  $324,052 ($310k,$286k,$308k,$311k) *$302k
Average Single Family Home Selling Price:  $314,162 ($302k,$276k,$298k,$301k)  *$291k
Single Family Home Sale to List Ratio This Week: 97%  (98%, 97%, 97%, 97%) *96%
Median Single Family Home List Price (6 mo): $279,000 ($275k,$275k,$280k,$280k)*$275k
​Median Single Family Home Sold Price (6 mo): $270,000 ($270k,$270k,$270k,$270k)*$265k
Average Days on Market Single Family Home: 68 (77, 85, 69, 61) *96

Condo Stats
Active Condos:  479  (485, 476, 485, 481) *495
Average Condo Listing Price:  $261,400 ($270k, $245k, $280k, $248k) *$273k
Average Condo Selling Price: $256,950  ($261k, $232k, $270k, $246k) *$264k
Condo Sale to List Ratio This Week: 98% (97%, 95%, 96%, 95%)  97%
Median Condo List Price (6 mo): $234,900 ($234k, $230k, $229k, $229k) *$230k
Median Condo Sold Price (6 mo): $225,000 ($223k, $220k, $220k, $218k) *$225k
Average Days on Market Condos: 65 (114, 103, 81, 91, 84) *46

Active Vacant Lots: 1,156  (1,156, 1,159, 1,165, 1,174) *1,040

Market Rant 
For the second straight week we are seeing a very similar trend, reduced buyer activity and more sellers coming to market. Although buyer activity is still solid and reporting higher than last year at this time, there was a significant drop in offer activity (as noted by listings that changed status to conditional/pending). Still, there was a chunk of inventory that sold this week, reporting on par with the last few weeks, giving the sales to list ratio a strong presence. The unsung statistic however is the absorption rate. Although it appears that sales are strong, buyer activity mid-high, the absorption rate gained an additional three weeks this week, pointing to a slower season ahead. We are still eleven weeks less this year compared to last for the absorption rate however, so it's safe to say the first half of the year has been a success. Hot Summer days may distract potential buyers or sellers from their task, and with a great line up of events this year in Halifax it may keep folks away until the fall! Regardless of distraction, the market dance will continue, so make sure to stop by to stay on top of things! Thanks for stopping by!

WEEKLY ADOPTABLE
Tyson. An active, healthy , fit 8 year old. He's not ready for retirement for a few years yet. He is neutered, vaccinated and on parasite prevention. He likes walks, fetch, water, exploring, cuddles, chew toys. His Ideal home: a person or couple, pet free , small child free in his home. Would love countryside living or rural area with space to be a carefree dog. Training package included if adopted in Halifax.

​This "cuddly companion" 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 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!

Halifax (HRM) Residential Statistic Update for the Week of July 6th - July 13th, 2017
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 360  (302, 319, 329, 343) *302
Sold:  164  (146, 168, 239, 200) *139
Sale To Listing Ratio: 46% (48%, 53%, 73%, 58%) *46%
Price Changes: 229 (189, 273, 222, 228) *290
Listings that went conditional/pending: 186 (176, 198, 197, 245)  *171
Expired/Cancelled/Withdrawn:  114 (257, 151, 111, 132) *105
Total Active Halifax/Dartmouth Inventory:  4,868  (4,825, 4,905, 4,932, 4,909) *5,495
Absorption Rate in weeks:  27 (26, 25, 24, 26)  *37

Single Family Home Stats
Active Single Family Home: 2,998 (2,957, 2,869, 3,007, 3,024) *3,665
Average Single Family Home List Price:  $309,690 ($286k,$308k,$311k,$292k) *$292k
Average Single Family Home Selling Price:  $301,982 ($276k,$298k,$301k,$284k)  *$282k
Single Family Home Sale to List Ratio This Week: 98%  (97%, 97%, 97%, 97%) *97%
Median Single Family Home List Price (6 mo): $275,000 ($275k,$280k,$280k,$280k)*$275k
​Median Single Family Home Sold Price (6 mo): $269,900 ($270k,$270k,$270k,$270k)*$268k
Average Days on Market Single Family Home: 77 (85, 69, 61, 75) *87

Condo Stats
Active Condos:  485  (476, 485, 481, 482) *483
Average Condo Listing Price:  $269,900 ($245k, $280k, $248k, $285k) *$278k
Average Condo Selling Price: $261,250  ($232k, $270k, $246k, $276k) *$269k
Condo Sale to List Ratio This Week: 97% (95%, 96%, 95%, 97%)  97%
Median Condo List Price (6 mo): $233,900 ($230k, $229k, $229k, $230k) *$230k
Median Condo Sold Price (6 mo): $222,900 ($220k, $220k, $218k, $220k) *$225k
Average Days on Market Condos: 114 (103, 81, 91, 84, 95) *72

Active Vacant Lots: 1,156  (1,159, 1,165, 1,174, 1,153, 1,160) *1,073

Market Rant 
Looks like Sellers are finally coming around to testing the market, with a listing addition higher than we've seen in a few months. This also reversed the slow taper of inventory that usually starts at this time of year and heads down to the end of the year, this week anyways. Sales remain strong this week, but it must be noted that these numbers are residual stats from a few weeks, to a few months of prior activity. Still, much higher report than last year at this time. Buyer activity remains strong, and what looked like a lazy start to the Summer was just an "off week" on the market. I'm sure the long weekend had a bit to do with that as well. Single family home values return to the $300's this week, and their average time to sell remains slightly lower than last year at this time, coming in at just over 2.5 months to sell on average. Condo numbers continue to swell, but we are right on par with this time last year, which is a different story for single family homes this year. Values of condos are slightly under that of last year, and they seem to be spending a bit more time on market to sell on average. Still a good market out there, and it seems like sellers are willing to squeeze it for all that it's worth. Stay tuned to keep an ear tot the ground, and a pulse on the current state of the market here in Halifax Thanks for stopping by!

WEEKLY ADOPTABLE
Pippi, a spry little Chihuahua mix, is requesting a new retirement home. As much as she loves it here at Homeward Bound, she'd much rather find a quieter spot to frolic around. Pippi enjoys going out for walks, being snuggled and treat time - but, she'd like best to be the only dog getting all the love. This small gal can be shy when meeting new people and would much prefer she meet them on the ground than in your arms (she has a bit of small-dog syndrome) - but she comes around fairy quickly with the right amount of reassurance. 

Pippi's adoption requirements are as follows:
A home free of other dogs
Calm children would be fine, as long as they respect her space​

​This "cuddly companion" 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 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!

Halifax (HRM) Residential Statistic Update for the Week of June 29th - July 6th, 2017
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New Listings: 302  (319, 329, 343, 449) *332
Sold:  146  (168, 239, 200, 197) *128
Sale To Listing Ratio: 48% (53%, 73%, 58%, 44%) *37%
Price Changes: 189 (273, 222, 228, 251) *227
Listings that went conditional/pending: 176 (198, 197, 245, 227)  *138
Expired/Cancelled/Withdrawn:  257 (151, 111, 132, 194) *306
Total Active Halifax/Dartmouth Inventory:  4,825  (4,905, 4,932, 4,909, 4,944) *5,470
Absorption Rate in weeks:  26 (25, 24, 26, 26)  *35

Single Family Home Stats
Active Single Family Home: 2,957 (2,869, 3,007, 3,024, 3,047) *3,633
Average Single Family Home List Price:  $286,126 ($308k, $311k, $292k, $298k) *$298k
Average Single Family Home Selling Price:  $276,362 ($298k, $301k, $284k, $283)  *$287k
Single Family Home Sale to List Ratio This Week: 97%  (97%, 97%, 97%, 95%) *96%
Median Single Family Home List Price (6 mo): $275,000 ($280k,$280k,$280k,$279k)*$270k
​Median Single Family Home Sold Price (6 mo): $269,900 ($270k,$270k,$270k,$270k)*$265k
Average Days on Market Single Family Home: 85 (69, 61, 75, 80) *80

Condo Stats
Active Condos:  476  (485, 481, 482, 487) *520
Average Condo Listing Price:  $245,278 ($280k, $248k, $285k, $251k) *$262k
Average Condo Selling Price: $232,278  ($270k, $246k, $276k, $244k) *$255k
Condo Sale to List Ratio This Week: 95% (96%, 95%, 97%, 97%)  97%
Median Condo List Price (6 mo): $229,900 ($229k, $229k, $230k, $230k) *$256k
Median Condo Sold Price (6 mo): $220,000 ($220k, $218k, $220k, $218k) *$238k
Average Days on Market Condos: 103 (81, 91, 84, 95, 150) *84

Active Vacant Lots: 1,159  (1,165, 1,174, 1,153, 1,160, 1,145) *1,074

Market Rant 
Just as the weather starts to heat up, it looks like the market is stating to cool down...relatively anyways. New listing additions to the market are down again this week, and 10% down from this time last year. Sales are still quite a bit higher than last year, but they have tapered off in the last few weeks. This is not an unusual trend in the Summertime though, and some would argue that the Summer is the slowest season of the year for transactions. I'm not of that opinion though, as I rely on the stats, and although the Summer tends to slowly taper in activity, there is still lots of gas in the tank of the current market trend. It could be the sudden gear shift of activity that usually happens from Spring to Summer, making it seem slow, but there are currently lots of active buyers and sellers out there looking to transact property. Overall, most of the inventory numbers are substantially down from last year, and sales remain steady. This could bode well for sellers if the trend holds, but not so much for buyers looking for that steal of a deal. I'll be keeping a weathered eye on the Summer market season and reporting accordingly, so be sure to stop by and stay informed! 

WEEKLY ADOPTABLE
Hello my name is Nala. I am a 2 year old spayed Amstaff- Boston Terrier mix (I had my DNA done) I am a beautiful friendly girl, and have you seen my eyes? Everyone loves my eyes. I like other dogs, though I'm not really playful with them. I let people pat me but until i know i can trust them, I don't really get excited about it. I have a kitty sister in my foster home and we get along well, I dont chase her because she gets mad at me. 

Mom takes me for a walk everyday before work so I will be calm in the kennel when shes gone. I dont like the kennel, I scream when mom leaves and sometimes I try to force my head out through the bars but that hurts my nose and mom doesnt like it when I do this. I am learning that she always comes back so now I don't get as upset. She also puts this lavender smelly stuff on a shirt in my kennel to kelp me keep calm. When mom comes home I get so excited but she won't let me out until I sit. 

I am a good walker, I even let kids walk me. I know how to sit and give paw, I'm learning lay down now. My favourite day is one where I get to sleep and cuddle with mom all day. Mom knows I really don't like the kennel so she lets me sleep in the bed with her. I love it there, I curl up in a ball beside her and snore the night away. When I first came to live with my foster family, I thought my sister was going to take everything from me. I got mad at her when she walked by my food. we got in to a fight. I have learned that she wont eat my food so now I let her walk by. I still dont like it when she goes by my toys. I think i can learn not to get so upset over time, but i might be best as an only dog that way I get all the love. I cant wait to meet you and show you what a good girl I am.​

​This "cuddly companion" is available through Litters 'n Critters, 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 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!

Luxury and efficiency are two words seldom used in the same sentence, until now. Welcome to prestigious Bascobel on the Arm and this custom designed craftsman inspired two storey home boasting over 6,000 square feet of fine finishes and modern flare. From executive features like the grand two-storey great room accented by a cozy propane fireplace, to the chef’s dream kitchen including professional grade appliances and butler pantry, this property can satisfy even the most discerning tastes. What makes this home truly special is the included advanced features such as the ducted heat-pump, heat-pump hot water heater, whole home security and automation, touchless faucets and so much more! One of the biggest advantages of owning this property is the net-zero capabilities, and the possibility of having no electric bill! These features, coupled with the aging in place, barrier free design make this former QEII grand prize showhome the jewel in the Bascobel on the Arm crown. Seeing is believing, call today for your personal tour of this exquisite estate. Jeremiah Wallace (902) 579-7653 or click HERE for full listing details.

​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!

Looking for a wonderfully kept, beautifully landscaped private oasis and custom designed executive split entry style home complete with detached 20 x 20 garage? Look no further than this hidden gem tucked away off Hummingbird Lane and located in the desirable Highland Park subdivision! Situated on almost an acre of peace and privacy, there is lots to explore and several hideaways to read a book, have a coffee, relax, or birdwatch, the grounds of this property are simply breathtaking. Walking in the front door you realize what makes this home “executive”, with features like the oversized foyer, soaring cathedral ceilings, hardwood floors, upgraded trim package and unique design features. The upper level boasts an open concept kitchen and dining design which overlooks the spacious living room. You will also find the sizeable master bedroom, convenient full bath and additional bedroom. The lower walkout level hosts a gigantic family room accented by a cozy propane stove, third bedroom, second full bath, bright and breezy laundry/utility room, and tons of storage! With recently replaced roof shingles, this home is turn key and ready for your personal touch. Desirable school district, short commute to the city and a stone’s throw from all amenities and recreation, this is “the one”! Call today to book your private tour!​ Check out the facebook page by clicking on the banner in the right column, or HERE for full listing details!