Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 208 (256, 229, 203, 264) *227
Sold:  109  (153, 147, 138, 142) *183
Sale To Listing Ratio:52% (67%, 64%, 68%, 54%) *80%
Price Changes: 97 (105, 99, 88, 113) *61
Listings that went conditional/pending: 152 (168, 171, 147, 182)  *216
Expired/Cancelled/Withdrawn: 53 (64, 39, 81, 63) *49
Total Active Halifax/Dartmouth Inventory:  1,327 (1,314, 1,304, 1,290, 1,303) +1,188
Absorption Rate in weeks:  9 (9, 9, 9, 9) *7

Single Family Home Stats
Active Single Family Home: 677 (662, 645, 638, 658) *482
Average Single Family Home List Price:  $501,003 ($505k,$487k,$521k,$528k) *$429k
Average Single Family Home Selling Price:  $500,354 ($503k,$505k,$521k,$531k) *$469k
Single Family Home Sale to List Ratio This Week: 99%  (99%, 102%, 100%, 101%) *109%
Median Single Family Home List Price (6 mo): $459,000($460k,$460k,$460k,$460k) *$380k
​Median Single Family Home Sold Price (6 mo):$525,000 ($531k,$535k,$540k,$541k)*$436k
Average Days on Market Single Family Home: 16 (16, 16, 20, 19) *12

Condo Stats
Active Condos:  97 (101, 100, 105, 100) *87
Average Condo Listing Price:  $395,092 ($394k, $359k, $359k, $444k) *$338k
Average Condo Selling Price: $395,085 ($392k, $360k, $360k, $455k) *$353k
Condo Sale to List Ratio This Week: 99.9% (99%, 100%, 103%, 99%)  *104%
Median Condo List Price (6 mo): $389,900 ($387k, $380k, $380k, $387k) *$319k
Median Condo Sold Price (6 mo): $430,000 ($438k, $438k, $440k, $441k) *$345k
Average Days on Market Condos: 26 (17, 24, 24, 17) *13

Active Vacant Lots: 384 (383, 380, 371, 362) *472

Market Rant
​Unlike the weather at the moment, the market continues to cool I'm most areas of the Halifax Regional Municipality. Perhaps it has been this string of nice weather that has distracted buyer and sellers alike from their market endeavours, or maybe it's "back to school" season. Either way you slice it, things have calmed down quite a bit as we approach the end of the Summer. 

The scales continue to tip in favour of buyers again this week, with most key market factors reporting quite differently than we have seen in the last two years. New weekly listing additions had a minimal showing, and the amount of sales reported lower than has been reported in almost two years. Inventory overall continues to grow, which is not common for this time of year, and has increased the gap a good distance from last year at this point. Values overall continue to slide down the sale each week it seems, and the overbid (sales to list ratio) amounts have dropped off significantly and is starting to show change in the six month median values. The most significant change is the single family home selling prices, which are now selling around asking price on average, and has seen a $30,000 drop in a short four weeks.

The question is, have we seen the bottom, or will the market continue to correct into the new year? Many have predicted that this correction will last, perhaps just as long or longer than the the short pandemic markets of 2022-22 (Spring). Stay tuned to find out, and stay informed! Thanks for stopping by! 

My name is Pepper. I am a 10-WEEK-old male, weighing in at 3 lbs. My mom was a rescue brought to Nova Scotia from Texas a few months ago. I was born June 11th, 2022, before anyone knew my mom was pregnant. I’m now old enough to start the search for my furever home!! 

My mom is listed as a 12lb. Chihuahua mix and my dad is unknown so how big or how small I'll be full grown is a mystery. 

I am a very outgoing fella. I’m full of energy, curiosity, love seeking, kisses and lots of cuddles. I like to play with toys and love to play with my brother. I am pretty confident, unlike my brother and not much intimidates me. Although I may be a little timid at first in a new home as basically all I've known for the last 2 1/2 months is my mom, my brother and my human foster mom. I think I will make a great dog park dog because I don't mind new adventures at all and I am a thrill seeking little guy. 

I’m new at doggy life so I have a lot to learn. I am learning to use a pee pad for my relief. I enjoy my kibbles at meal time; I will gobble them up and then have a bit of play time before going for a nap.

I do ok in a car. I haven't gotten car sick like my brother does but I can't say that it's one of my favorite things to do. I get better as the drive goes along and I start to feel safe.

I am still a puppy so I have alot to learn; leash manners, not to chew things I shouldn’t, more socialization, overcoming separation anxiety, recall, housetraining, enjoying new things like car rides, etc. I am a very outgoing little boy wanting to learn all there is to know about being a good dog. 

In short I am a puppy who requires lots of time and patience to be the best big boy that I can be. It also means that I will be a 10-20 year commitment for my future forever family. 

If you have the time, patience, are adventurous and are committed, then I could be the handsome dude for you!! 

My adoption fee is a $550 donation to the rescue to help save more dogs like me. I am microchipped and have had my first set of shots but set 2 and 3 at 12 and 16 weeks will be the responsibility of my adopter. I am much too young to be neutered so this will be my adopter's responsibility also once I'm old enough. I have been dewormed and I do come with a 6 week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264. ​


This "cuddly companion" is available through Save a Life Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE
​


LET ME HELP YOU OUT!
​
​Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 229 (203, 264, 295, 351) *203
Sold:  147  (138, 142, 159, 156) *177
Sale To Listing Ratio: 64% (68%, 54%, 54%, 44%) *87%
Price Changes: 99 (88, 113, 97, 105) *52
Listings that went conditional/pending: 171 (147, 182, 176, 205)  *221
Expired/Cancelled/Withdrawn: 39 (81, 63, 43, 46) *42
Total Active Halifax/Dartmouth Inventory:  1,304 (1,290, 1,303, 1,307, 1,284) +1,202
Absorption Rate in weeks:  9 (9, 9, 8, 8) *6

Single Family Home Stats
Active Single Family Home: 645 (638, 658, 664, 647) *487
Average Single Family Home List Price:  $496,558 ($521k,$528k,$547k,$508k) *$419k
Average Single Family Home Selling Price:  $504,728 ($521k,$531k,$556k,$522k) *$445k
Single Family Home Sale to List Ratio This Week: 102%  (100%, 101%, 102%, 103%) *106%
Median Single Family Home List Price (6 mo): $460,000 ($460k,$460k,$460k,$453k) *$379k
​Median Single Family Home Sold Price (6 mo):$530,500 ($535k,$540k,$541k,$545k)*$435k
Average Days on Market Single Family Home: 16 (20, 19, 15, 14) *12

Condo Stats
Active Condos:  100 (105, 100, 113, 110) *94
Average Condo Listing Price:  $359,392 ($359k, $444k, $403k, $384k) *$300k
Average Condo Selling Price: $359,878 ($360k, $455k, $399k, $400k) *$318k
Condo Sale to List Ratio This Week: 100% (100%, 103%, 99%, 104%)  *106%
Median Condo List Price (6 mo): $389,000 ($380k, $380k, $387k, $385k) *$320k
Median Condo Sold Price (6 mo): $437,450 ($438k, $440k, $441k, $440k) *$350k
Average Days on Market Condos: 24 (24, 17, 19, 20) *28

Active Vacant Lots: 380 (371, 362, 349, 349) *467

Market Rant
​Average listing price for single family homes came in under $500,000 for the first time in several months this week, as values continue their slide from the top. The overbid values also took another tumble this week, with condo selling prices holding fast at 100% again, but the bigger news is the single family home average selling prices taking a significant blow. The six month median stats haven't had a chance to catch up yet, but we are starting to see the overbid on sale prices in both categories reducing week to week.. 

It's been a wild ride during this pandemic market, going from one extreme to the other in such a short time. At first, buyers couldn't believe what was happening and had a hard time adjusting to the new environment (especially residents of HRM), and now, in such a short time, sellers find themselves on the same side of that coin. With big markets across the country feeling the sting of increased interest and lacking buyer interest, it trickles down to our market, especially since out of town buyers played a key role in the explosive markets of 2020 and 2021. With that pool of buyers all but gone, we are starting to settle back into the "steady Eddie" market that Halifax is known for. Stay tuned to see if it's just a bump in the road or the continuation of the market turn!

​Thanks for stopping by! 

Hi everyone, I'm Missy, a 7 year old, 11 lb, female Chihuahua mix. I came all the way from Louisiana a couple weeks ago in hopes of finding my furever family in the beautiful Maritimes. 

I am house trained! That’s right, it only took me one day to figure out my foster mom wants me to do my business outside. I’m one smart gal. I like to rest all day when my foster mom is at work. I don’t mind spending the day alone to get my beauty sleep in. I won’t even get into any of your things. When you get home, I’ll be more than happy to get some love and cuddles in. 

Even though I don’t mind staying home, I like to come with you to places too! I love being in the car and do really well on trips. I like cats and other dogs my size too. I guess you can say the only thing I haven’t really loved in my new Canada adventure is baths! I’m just tiny and don’t like being cold, I guess!

I do like walks but not too long please, just enough to get my business done and then I’ll put on the brakes to let you know I want to go home. I think I’d be a great companion for a senior or a family with older kids. 

I love food and treats and they say I’m even a good girl at the vet. When I first arrived, my eyes didn't look so good so I was taken to the vet immediately and it was determined that I had conjunctivitis. The nice vet gave me some meds for this and I'm happy to report it's all cleared up but may be something to keep an eye out for in the future. I also had to have some teeth removed but that doesn’t slow me down at all. I’m still a happy, gentle pup and I am ready for my furever home. Do you think we are meant to be? If so, please send in an application so we can meet!

My adoption fee is a $450 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 



This "cuddly companion" is available through Save a Life Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE
​


LET ME HELP YOU OUT!
​
​Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 203 (264, 295, 351, 254) *252
Sold:  138  (142, 159, 156, 146) *187
Sale To Listing Ratio: 68% (54%, 54%, 44%, 57%) *74%
Price Changes: 88 (113, 97, 105, 92) *74
Listings that went conditional/pending: 147 (182, 176, 205, 161)  *228
Expired/Cancelled/Withdrawn: 81 (63, 43, 46, 94) *65
Total Active Halifax/Dartmouth Inventory:  1,290 (1,303, 1,307, 1,284, 1,198) +1,225
Absorption Rate in weeks:  9 (9, 8, 8, 7) *6

Single Family Home Stats
Active Single Family Home: 638 (658, 664, 647, 604) *495
Average Single Family Home List Price:  $520,530 ($528k,$547k,$508k,$507k) *$457k
Average Single Family Home Selling Price:  $521,447 ($531k,$556k,$522k,$532k) *$500k
Single Family Home Sale to List Ratio This Week: 100%  (101%, 102%, 103%, 105%) *109%
Median Single Family Home List Price (6 mo): $459,900 ($460k,$460k,$453k,$450k) *$389k
​Median Single Family Home Sold Price (6 mo):$535,000 ($540k,$541k,$545k,$546k)*$437k
Average Days on Market Single Family Home: 20 (19, 15, 14, 12) *10

Condo Stats
Active Condos:  105 (100, 113, 110, 103) *105
Average Condo Listing Price:  $359,392 ($444k, $403k, $384k, $355k) *$337k
Average Condo Selling Price: $359,878 ($455k, $399k, $400k, $365k) *$353k
Condo Sale to List Ratio This Week: 100% (103%, 99%, 104%, 103%)  *105%
Median Condo List Price (6 mo): $379,900 ($380k, $387k, $385k, $386k) *$320k
Median Condo Sold Price (6 mo): $437,450 ($440k, $441k, $440k, $441k) *$349k
Average Days on Market Condos: 24 (17, 19, 20, 9) *21

Active Vacant Lots: 371 (362, 349, 349, 317) *475

Market Rant
​This weeks report looks like one of subtleties, you really have to look close to find the important indicators. The first, more obvious one, is the weekly listing to selling prices. Both tracked products have really plateaued in a very short time, after two years of a steady 7-9 point overbid on average sale prices, both products report a dead even 100%, indicating most sales are now finishing up around asking price. The six month averages are starting to show the overall market change as well, with the median six month single family home selling prices dropping $5,000 this week, and a whopping $10,000 in the last month. Condo's have reported a bit more stingy, but they are also seeing their overbid amounts reduce overall as well.

Not a big dump of new inventory this week, which makes you wonder if selling confidence is weakening in light of our newly forming market. Buyers confidence on the other hand does seem to be increasing, but there is still hesitation given the uncertain times we find ourselves in. Seems to be an opposite, current market trend sort of buyer mantra: 'even if a deal can be found today, would that deal be even better a few weeks/months from now?". Whereas 6 months ago, the feeling of having to get into the market or miss it entirely was a very real situation. Waiting back then meant you could have missed the purchase bracket window, perhaps having to concede or bend a little with properties that may not have been a match prior to the search. Where now the question is how far the values will drop, and how long will that take to add those items back to the search? Buyers seem patient to to get that answer, circling the market like sharks until it's time to strike.

​The Summer months do tend to be a bit lazy for the real estate market, in our usual market anyways, so it will be interesting to see how much things change by the time we hit the fall (pun?). Stay tuned to the blog to stay on top of this rapidly changing market, and stay informed! Thanks for stopping by! 

Hi everyone, I'm Missy, a 7 year old, 11 lb, female Chihuahua mix. I came all the way from Louisiana a couple weeks ago in hopes of finding my furever family in the beautiful Maritimes. 

On average, it takes 100 shares and 100 likes for a dog to find a home! Please share my story so my forever family will find me! 

I am house trained! That’s right, it only took me one day to figure out my foster mom wants me to do my business outside. I’m one smart gal. I like to rest all day when my foster mom is at work. I don’t mind spending the day alone to get my beauty sleep in. I won’t even get into any of your things. When you get home, I’ll be more than happy to get some love and cuddles in. 

Even though I don’t mind staying home, I like to come with you to places too! I love being in the car and do really well on trips. I like cats and other dogs my size too. I guess you can say the only thing I haven’t really loved in my new Canada adventure is baths! I’m just tiny and don’t like being cold, I guess!

I do like walks but not too long please, just enough to get my business done and then I’ll put on the brakes to let you know I want to go home. I think I’d be a great companion for a senior or a family with older kids. 

I love food and treats and they say I’m even a good girl at the vet. When I first arrived, my eyes didn't look so good so I was taken to the vet immediately and it was determined that I had conjunctivitis. The nice vet gave me some meds for this and I'm happy to report it's all cleared up but may be something to keep an eye out for in the future. I also had to have some teeth removed but that doesn’t slow me down at all. I’m still a happy, gentle pup and I am ready for my furever home. Do you think we are meant to be? If so, please send in an application so we can meet!

My adoption fee is a $450 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264  



This "cuddly companion" is available through Save a Life Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE
​


LET ME HELP YOU OUT!
​
​Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE