Halifax (HRM) Residential Market Statistic Update For Week of September 18th to September 25th 2014
(Previous weeks numbers in brackets)
*Last year this week

New Listings: 393 (423, 480, 439, 447) *423
Sold: 133 (123, 105, 110, 135) *110
Sale To Listing Ratio: 34% (30%, 22%, 25%, 30%) *26%
Listings that went conditional/pending: 117 (116, 136, 126, 128) 
Expired/Cancelled/Withdrawn:  169 (146, 141, 311, 136) *137
Total Active Halifax/Dartmouth Inventory:  5,695 (5,730, 5,731, 5,667, 5,813) *5,465
Active Single Family Home: 3,803 (3,830, 3,827, 3,780, 3,879) *3,623
Average Single Family Home List Price:  $273,703 ($303k, $306k, $300k, $324k) *$283k
Average Single Family Home Selling Price:   $260,590 ($292K, $297k, $287k, $311k) *$273k
*Single Family Home Sale to List Ratio This Week: 95% (96%, 97%, 96%, 96%)
Average Days on Market Single Family Home: 125 (105, 120, 113, 117, 114) *105
Active Condos:  526 (524, 521, 516, 549, 545) *419
Average Condo Listing Price:  $257,720 ($253k, 265k, $246k, $243k) *$289k
Average Condo Selling Price:  $249,624 ($244k, $257k, $233k) *$281k
*Condo Sale to List Ratio This Week: 97% (96%, 97%, 97%, 96%)
Average Days on Market Condos:  109  (100, 84, 103, 86) *80
Absorption Rate in weeks:  48 (48, 47, 47, 48) *58
Active Vacant Lots: 1,023 (1,029, 1,028, 1,022, 1,021, 968)


MARKET RANT
Looks like things are back to annual grand standards. Hello everyone, and thank you for stopping by the blog! This week looks like things may return to the normal yearly activity as listings are down, single family home and condo inventory are down, and well...everything is down. Well, except sales and prices. Surprisingly, this week, the average home list and sell fell under the 300K mark for the first time in a while, as the previous months have lead with an over 300K initial list price. AS the summer months taper off, and the majority of the annual market in the rearview, it would be good to mark down if things are destined to continue on the downward trend, or will this year be the last of decline. One can only hope as we head to the quiet winter months of the market, and head to what hopes to be a turnaround year in the forecast.

WEEKLY ADOGTABLE
Hi, I'm Akon! I'm a super sweet boy, looking for my furever home. My new parents will need to enrol me in obedience classes and make sure I get lots of exercise! I would like a home where I can be the king of the castle, no other dogs, kitties or children for me please. I also need my new parents to be aware that I do have food sensitivities so I will need a special diet. If you think I could be a good fit for your family, please come visit :)
Terrier, American Staffordshire/Mix 

This "Buff Buddy" 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.

VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty, real estate map? Its a great tool for all your real estate 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 hay needle? 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 process.
The ViewPoint Realty Map


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. Thanks for stopping by!

Newest Blog post HERE

Halifax (HRM) Residential Market Statistic Update For Week of September 11th to September 18th 2014
(Previous weeks numbers in brackets)
*Last year this week

New Listings: 413 (480, 439, 447, 411, 474) *441
Sold: 123 (105, 110, 135, 134, 108) *88
Sale To Listing Ratio: 30% (22%, 25%, 30%, 33%, 23%) *20%
Listings that went conditional/pending: 116 (136, 126, 128, 132, 143) 
Expired/Cancelled/Withdrawn:  146 (141, 311, 136, 28, 131) *138
Total Active Halifax/Dartmouth Inventory:  5,730 (5,731, 5,667, 5,813, 5,783, 5,811) *5,473
Active Single Family Home: 3,830 (3,827, 3,780, 3,879, 3,900, 3,927) *3,617
Average Single Family Home List Price:  $302,552 ($306k, $300k, $324k, $300k) *$2978
Average Single Family Home Selling Price:   $292,003 ($297k, $287k, $311k, $286k) *$270k
*Single Family Home Sale to List Ratio This Week: 96% (97%, 96%, 96%, 97%, 95%)
Average Days on Market Single Family Home: 105 (120, 113, 117, 114, 94) *100
Active Condos:  524 (521, 516, 549, 545, 548) *403
Average Condo Listing Price:  $252,900 (265k, $246k, $243k, $256k) *$248k
Average Condo Selling Price:  $243,662 ($257k, $233k, $248k) *$238k
*Condo Sale to List Ratio This Week: 96% (97%, 97%, 96%, 97%)
Average Days on Market Condos:  100  (84, 103, 86, 137) *131
Absorption Rate in weeks:  48 (47, 47, 48, 46) *51
Active Vacant Lots: 1,029 (1,028, 1,022, 1,021, 968, 962)


MARKET RANT
Little bit of market reluctancy this week as most statistics remain relatively on par with the last few weeks. So normal decline is being ignored, and market activity is actually up! If you have read the blog before yo will know that I believe that this is the "sweet spot" to sell your home in. Most people think the spring is the best, but the fall is my horse to bet on. Listings are down or declining, sale to list is up, lots of products coming off the market and there always seems to be a burst of buyers right after school starts. All other number look relatively intact, and both products edge over 3 months of exposure before deciding which way to go if there is no sale. Let's hope the momentum keeps going, but most likely, as soon as the snow fly's we will see our market return to normal.

WEEKLY ADOGTABLE
Hi my name is Chevy , I am a sweet little girl that has a lot of energy , I love rough and tumble play with my foster brother and can be quite feisty when I get excited , I will require a firm leader who won't allow me to get away with this behavior just because I am cute!

Like any pup my age I am a clean slate so will be able to live in pretty much any household , cats kids other dogs would be fine. I am going to need regular exercise as well as mental stimulation , so a home where I am not going to be left all day crated whilst you are at work is what I need , puppy socialization/obedience classes are also mandatory for anyone who would like to make me a part of their family. 

I will be fully vetted soon and then ready for my forever home

This "little lady" is available through Nova Scotia Pitbull Rescue Society, 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.

VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty, real estate map? Its a great tool for all your real estate 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 hay needle? 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 process.

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. Thanks for stopping by!

Newest Blog post HERE

Halifax (HRM) Residential Market Statistic Update For Week of September 4th to September 11th 2014
(Previous weeks numbers in brackets)
*Last year this week

New Listings: 480 (439, 447, 411, 474) *498
Sold: 105 (110, 135, 134, 108) *125
Sale To Listing Ratio: 22% (25%, 30%, 33%, 23%) *25%
Listings that went conditional/pending: 136 (126, 128, 132, 143) 
Expired/Cancelled/Withdrawn:  141 (311, 136, 28, 131) *124
Total Active Halifax/Dartmouth Inventory:  5,731 (5,667, 5,813, 5,783, 5,811) *5,414
Active Single Family Home: 3,827 (3,780, 3,879, 3,900, 3,927) *3,553
Average Single Family Home List Price:  $306,026 ($299,750, $323,502, $296,581, $285,178) *$294k
Average Single Family Home Selling Price:   $297,019 ($286,711, $310,691, $286,384, $272,197) *$283k
*Single Family Home Sale to List Ratio This Week: 97% (96%, 96%, 97%, 95%)
Average Days on Market Single Family Home: 120 (113, 117, 114, 94) *92
Active Condos:  521 (516, 549, 545, 548) *405
Average Condo Listing Price:  $265,170 ($245,811, $242,855, $255,770, $243,709) *$245k
Average Condo Selling Price:  $256,930 ($237,305, $233,122, $248,052, $236,790) *$211k
*Condo Sale to List Ratio This Week: 97% (97%, 96%, 97%, 97%)
Average Days on Market Condos:  84 (103, 86, 137, 114) *132
Absorption Rate in weeks:  47 (47, 48, 46, 46) *46
Active Vacant Lots: 1,028 (1,022, 1,021, 968, 962)

A PERSONAL NOTE (Market Rant below)
This year, I finally had the chance to visit the 9/11 memorial in NYC. I had been to the site once before to pay my respects, but the memorial was far from complete. Being in such a populated and loud city, I was amazed at the solemn quietness that the hundreds of people shared while reflecting the sheer magnitude of the events that occurred those years ago. The soothing rush of water falling below echoed through the still damaged buildings, and the sounds of weeping could be heard wherever you went. It was a powerful place to be. Anyone who knows me knows that I am very proud to have served my country, very proud to have served with my fellow soldiers, and proud to have made a difference.  We have all been touched by the events that occurred on September 11th, 2001, and I'll bet that you remember where you where when it happened. Me, I was in my squadrons hanger watching it on the news. Who would have known that a few months later I would be in a Country that I never even heard of. Being at the memorial that day, being able to touch the names of the lost, gave me the chance to let them know that we fought for them and that they would not be forgotten. As a soldier, you are held together, and forged by your memories. The memories of your family that you are protecting, the memories of the brothers you serve with, and the memories of the events that put you where you are. For me, the events 9/11 was one of the things I held onto when times got tough overseas, and stay focused. The ability to visit the site so many years later really brought things full circle, and  gave me a sense of peace. If you have read this far, I want to thank you, it was not an easy note to write...

MARKET RANT
Not quite the week I was expecting. Might be a little life in the market yet as sellers pile back to the market after school season begins. Usually, this time of year sees the gradual decline of inventory, however, this week has proven that not all trends are followed to the letter. Both single family home values remain high, and their respective days on market still average 3 and 4 months. End of season action, the little window that I always thought had great potential to strike when no one was looking.

WEEKLY ADOGTABLE
Cinnamon is around 9 months old and fully vetted, she is a very sweet girl who is happy and friendly , she get's along with dogs & kids and would make a wonderful family dog. At this point we do not know about cats but we will test her to find out.

This "gorgeous gal" is available through Nova Scotia Pitbull Rescue Society, 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.

VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty, real estate map? Its a great tool for all your real estate 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 hay needle? 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 process.

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. Thanks for stopping by!

Newest Blog post HERE

Halifax (HRM) Residential Market Statistic Update For Week of August 28th To September 4th 2014
(Previous weeks numbers in brackets)
*Last year this week

New Listings: 439 (447, 411, 474, 497) *410
Sold: 110 (135, 134, 108, 106) *105
Sale To Listing Ratio: 25% (30%, 33%, 23%, 21%) *26%
Listings that went conditional/pending: 126 (128, 132, 143, 124) 
Expired/Cancelled/Withdrawn:  311 (136, 28, 131, 233) *227
Total Active Halifax/Dartmouth Inventory:  5,667 (5,813, 5,783, 5,811, 5,763) *5,335
Active Single Family Home: 3,780 (3,879, 3,900, 3,927, 3,892) *3,499
Average Single Family Home List Price:  $299,750 ($323,502, $296,581, $285,178, $315,732) *$313k
Average Single Family Home Selling Price:   $286,711 ($310,691, $286,384, $272,197, $304,200) *$302k
*Single Family Home Sale to List Ratio This Week: 96% (96%, 97%, 95%, 96%)
Average Days on Market Single Family Home: 113 (117, 114, 94, 93) *108
Active Condos:  516 (549, 545, 548, 543) *399
Average Condo Listing Price:  $245,811 ($242,855, $255,770, $243,709, $247,339) *$264k
Average Condo Selling Price:  $237,305 ($233,122, $248,052, $236,790, $241,005) *$250k
*Condo Sale to List Ratio This Week: 97% (96%, 97%, 97%, 97%)
Average Days on Market Condos:  103 (86, 137, 114, 71) *67
Absorption Rate in weeks:  47 (48, 46, 46, 41)*45
Active Vacant Lots: 1022 (1021, 968, 962, 962)

MARKET RANT
As predicted, all areas of the inventory have declined, well, except for vacant lots. Massive reduction this week, with the majority being expired listings. Call it "back to school market blues" this week, as mentioned last week that a good percentage of folks would be concentrating on things other than real estate. Not too much of a change from last year, other than the additional inventory and longer days on market. Looks like these market blues might be around for the long haul, but I'm crossing my fingers that somethings gives. Stay tuned for the monthly wrap up, should be interesting.

Looking for a little extra help finding that hay needle? 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 process.

WEEKLY ADOGTABLE
Hey, my name is Hippo! I'm a big girl, with an even bigger heart! I've had a rough go so far in life, and I'm looking for somewhere to settle down. I love to play with my ball, but I will need more socialization before I can play with any other dogs. I'd love a home where I am the only animal - this could be your home!

Animal ID    23426872 
Species    Dog 
Breed    Terrier, American Staffordshire/Mix 
Age    5 years 27 days 
Sex    Female 
Size    Large 
Color    Blue/White 
Spayed/Neutered      
Declawed    No 
Housetrained    Unknown 
Location    Dog Kennels 
Intake Date    7/27/2014 

This "Loving Lady" 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.

VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty, real estate map? Its a great tool for all your real estate 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!


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. Thanks for stopping by!

Newest Blog post HERE