(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 275 (230, 261, 185, 205) *265 Sold: 136 (128, 122, 112, 148) *105 Sale To Listing Ratio: 50% (56%, 47%, 61%, 72%) *40% Price Changes: 113 (136, 122, 101, 102) *143 Conditional Sale: 151 (156, 158, 119, 177) *150 Expired/Cancelled/Withdrawn: 65 (46, 56, 98, 45) *47 Total Active Halifax/Dartmouth Inventory: 1,840 (1,781, 1,769, 1,761, 1,772) *1,547 Absorption Rate: 15 (14, 13, 13, 13) *15 Single Family Home Stats Active Single Family Home: 938 (895, 874, 890, 871) *808 Average Single Family Home List Price: $591,681 ($582k, $592k, $601k, $590k) *$561k Average Single Family Home Selling Price: $593,383 ($581k, $594k, $598k, $586k) *$566k Single Family Home Sale to List Ratio This Week: 101% (99%, 101%, 99%, 99%) *103% Median Single Family Home List Price (6 mo): $564,900 ($560k,$565k,$565k,$565k) *$529k Median Single Family Home Sold Price(6 mo):$565,000 ($560k,$565k,$568k,$568k)*$543k Average Days on Market Single Family Home: 31 (27, 27, 28, 36) *29 Condo Stats Active Condos: 158 (147, 140, 138, 138) *122 Average Condo Listing Price: $431,578 ($515k, $599k, $468k, $492k) *$481k Average Condo Selling Price: $431,828 ($511k, $610k, $460k, $497k) *$480k Condo Sale to List Ratio This Week: 101% (99%, 102%, 98%, 101%) *99% Median Condo List Price (6 mo): $439,900 ($443k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($442k, $440k, $440k, $440k) *$430k Average Days on Market Condos: 19 (24, 12, 15, 19) *25 Active Vacant Lots: 513 (513, 518, 513, 527) *436 Market Rant The Halifax/Dartmouth real estate scene is buzzing with energy as the market continues to evolve. With new listings surging and inventory levels climbing, there's no shortage of options for buyers to dive into. Whether you're looking for a family home or a trendy condo, the market is ripe with opportunities. For sellers, the game is still on, and it's strong. The sale-to-list ratios are holding firm, with homes selling at or above asking prices, especially in the single-family sector. This week’s 101% sale-to-list ratio for single-family homes proves that buyers are ready to make competitive offers, keeping sellers in a prime position. Even condos are keeping pace with a 101% sale-to-list ratio, making it a good time to cash in if you're selling. Buyers, don’t blink! The average days on market may be ticking up slightly, but the homes that hit the sweet spot are still moving quickly. With more listings to choose from, patience might pay off—though the best deals are still being snapped up fast. All in all, Halifax/Dartmouth real estate is a dynamic market—full of movement, full of potential, and full of excitement. Whether you're here to buy, sell, or just observe, the market is keeping everyone on their toes, with plenty of action and opportunities ahead! 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 her 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. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 230 (261, 185, 205, 256) *231 Sold: 128 (122, 112, 148, 147) *119 Sale To Listing Ratio: 56% (47%, 61%, 72%, 57%) *52% Price Changes: 136 (122, 101, 102, 137) *103 Conditional Sale: 156 (158, 119, 177, 165) *134 Expired/Cancelled/Withdrawn: 46 (56, 98, 45, 48) *46 Total Active Halifax/Dartmouth Inventory: 1,781 (1,769, 1,761, 1,772, 1,811) *1,504 Absorption Rate: 14 (13, 13, 13, 13) Single Family Home Stats Active Single Family Home: 895 (874, 890, 871, 896) *776 Average Single Family Home List Price: $581,705 ($592k, $601k, $590k, $593k) *$506k Average Single Family Home Selling Price: $580,891 ($594k, $598k, $586k, $597k) *$523k Single Family Home Sale to List Ratio This Week: 99% (101%, 99%, 99%, 101%) *103% Median Single Family Home List Price (6 mo): $559,900 ($565k,$565k,$565k,$569k) *$529k Median Single Family Home Sold Price(6 mo):$565,000 ($565k,$568k,$568k,$570k)*$541k Average Days on Market Single Family Home: 27 (27, 28, 36, 29) *26 Condo Stats Active Condos: 147 (140, 138, 138, 141) *117 Average Condo Listing Price: $515,041 ($599k, $468k, $492k, $466k) *$490k Average Condo Selling Price: $511,111 ($610k, $460k, $497k, $458k) *$524k Condo Sale to List Ratio This Week: 99% (102%, 98%, 101%, 98%) *107% Median Condo List Price (6 mo): $442,450 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $442,000 ($440k, $440k, $440k, $440k) *$430k Average Days on Market Condos: 24 (12, 15, 19, 27) *27 Active Vacant Lots: 513 (518, 513, 527, 525) *428 Market Rant The Halifax/Dartmouth real estate market continues to keep things interesting with a dynamic mix of activity. While new listings have slightly dipped from previous weeks, the market is far from stagnant, as buyers are still making moves, especially with 128 properties sold this week and a sale-to-listing ratio climbing to 56%. Sellers are staying competitive, with 136 price changes, signaling a willingness to adapt to market demands. Single-family homes remain a hot commodity, with nearly 900 homes active on the market. The list and selling prices are seeing a slight cool-off from recent weeks, averaging around $580,000, while homes are being snatched up within 27 days – a quick turnaround that keeps the momentum going. The sale-to-list ratio for single-family homes remains strong at 99%, indicating that buyers are getting homes close to or just below their asking price, adding a bit of negotiation room. On the condo side, the market seems to be enjoying a bit of a rollercoaster. While listing prices have taken a noticeable dip from last week’s spike, currently averaging $515,041, selling prices have also recalibrated, landing around $511,111. Condos are moving a bit slower, with an average of 24 days on the market, but buyers still get close to what they’re asking for, with a 99% sale-to-list ratio. Vacant lots have maintained a consistent presence, offering a steady option for those looking to build, with just over 500 available. The overall inventory remains robust at 1,781 active listings, slightly above last week’s numbers, while the absorption rate remains steady at 14 – showing a balanced market with plenty of opportunities for both buyers and sellers. In short, whether you’re buying, selling, or just watching the market, Halifax/Dartmouth is buzzing with activity. The market is balancing excitement and stability, with plenty of potential for both investment and homeownership. Dive in and see where the next twist or turn takes you! 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 her 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. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 261 (185, 205, 256, 220) *222 Sold: 122 (112, 148, 147, 123) *111 Sale To Listing Ratio: 47% (61%, 72%, 57%, 56%) *50% Price Changes: 122 (101, 102, 137, 110) *102 Conditional Sale: 158 (119, 177, 165, 137) *135 Expired/Cancelled/Withdrawn: 56 (98, 45, 48, 83) *79 Total Active Halifax/Dartmouth Inventory: 1,769 (1,761, 1,772, 1,811, 1,758) *1,477 Absorption Rate: 13 (13, 13, 13, 13) Single Family Home Stats Active Single Family Home: 874 (890, 871, 896, 885) *761 Average Single Family Home List Price: $591,667 ($601k, $590k, $593k, $623k) *$507k Average Single Family Home Selling Price: $594,208 ($598k, $586k, $597k, $626k) *$516k Single Family Home Sale to List Ratio This Week: 101% (99%, 99%, 101%, 101%) *102% Median Single Family Home List Price (6 mo): $564,900 ($565k,$565k,$569k,$569k) *$530k Median Single Family Home Sold Price(6 mo):$565,000 ($568k,$568k,$570k,$570k)*$545k Average Days on Market Single Family Home: 27 (28, 36, 29, 26) *24 Condo Stats Active Condos: 140 (138, 138, 141, 126) *115 Average Condo Listing Price: $599,000 ($468k, $492k, $466k, $400k) *$532k Average Condo Selling Price: $609,500 ($460k, $497k, $458k, $404k) *$530k Condo Sale to List Ratio This Week: 102% (98%, 101%, 98%, 101%) *99% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$430k Average Days on Market Condos: 12 (15, 19, 27, 27) *22 Active Vacant Lots: 518 (513, 527, 525, 510) *423 Market Rant The Halifax real estate market continues to dance to its own rhythm, showing both stability and subtle shifts. The rise in new listings, coupled with a slight dip in the sale-to-listing ratio, hints at a market where sellers are eager to participate, but buyers are becoming more discerning. Single-family homes remain in demand, with prices holding steady and quick sales, reflecting a solid market for this segment. Condos, on the other hand, have turned up the excitement, with a notable jump in both listing and selling prices, suggesting a possible move toward higher-end properties or an increase in buyer willingness to spend more. With quick sales and competitive pricing, condos are clearly having their moment. As for vacant lots, the gradual increase in active listings might signal growing interest among investors or developers looking to seize opportunities. Overall, whether you're a buyer, seller, or investor, the Halifax real estate market continues to offer a dynamic environment with plenty of possibilities. Keeping a pulse on these trends will help you navigate this evolving landscape with confidence and creativity! The Weekly "Adogtable"This "cuddly companion" is available through Good Bones Dog Rescue, 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 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. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 185 (205, 256, 220, 200) *225 Sold: 112 (148, 147, 123, 138) *91 Sale To Listing Ratio: 61% (72%, 57%, 56%, 69%) *40% Price Changes: 101 (102, 137, 110, 115) *80 Conditional Sale: 119 (177, 165, 137, 169) *124 Expired/Cancelled/Withdrawn: 98 (45, 48, 83, 70) *79 Total Active Halifax/Dartmouth Inventory: 1,761 (1,772, 1,811, 1,758, 1,747) *1,407 Absorption Rate: 13 (13, 13, 13, 12) Single Family Home Stats Active Single Family Home: 890 (871, 896, 885, 875) *707 Average Single Family Home List Price: $601,288 ($590k, $593k, $623k, $630k) *$584k Average Single Family Home Selling Price: $597,862 ($586k, $597k, $626k, $627k) *$578k Single Family Home Sale to List Ratio This Week: 99% (99%, 101%, 101%, 99%) *99% Median Single Family Home List Price (6 mo): $564,900 ($565k,$569k,$569k,$569k) *$500k Median Single Family Home Sold Price(6 mo):$567,700 ($568k,$570k,$570k,$570k)*$520k Average Days on Market Single Family Home: 28 (36, 29, 26, 32) *50 Condo Stats Active Condos: 138 (138, 141, 126, 124) *110 Average Condo Listing Price: $468,150 ($492k, $466k, $400k, $451k) *$388k Average Condo Selling Price: $459,764 ($497k, $458k, $404k, $456k) *$390k Condo Sale to List Ratio This Week: 98% (101%, 98%, 101%, 101%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$415k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $440k) *$415k Average Days on Market Condos: 15 (19, 27, 27, 25) *26 Active Vacant Lots: 513 (527, 525, 510, 521) *417 Market Rant Another piece of good news arrived for buyers, and homeowners in general with the Bank of Canada delivering it's third consecutive rate cut! This one was a policy rate adjustment of 25 basis points, which brings it to 4.25%. More can be found out here: The Halifax real estate market continues to offer a mixed bag of trends, like a dynamic jigsaw puzzle with ever-shifting pieces. The decrease in new listings and sold properties hints at a slight cooling in market activity, but the sale-to-listing ratio still shows that properties are moving relatively well, and sellers are mostly hitting the mark with pricing. Single-family homes are maintaining stable pricing and seeing faster sales, indicating steady demand despite more choices for buyers. On the other hand, the condo market is holding its ground, with quick turnaround times and slight price adjustments showing a resilient demand in this segment. With vacant lot numbers slightly down, it seems like the land market is taking a breather as developers and buyers weigh their options. Overall, while there may be a bit of caution in the air, the Halifax real estate market is still full of opportunities for those looking to buy, sell, or invest. As always, staying informed and keeping an eye on the latest trends will help you navigate this evolving landscape and find the best opportunities for your real estate goals! 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 her 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. Newest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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