Halifax (HRM) Residential Market Statistic Update For Week of December 19th to December 26th 2013
(Previous weeks numbers in brackets)
*Last year this week

New Listings:  119 (303, 300, 314, 326) *85
Sold:  51 (90, 87, 121, 68) *42
Sale To List Ratio: 43% (30%, 29%, 39%, 21%) *49%
Expired/Cancelled/Withdrawn:  95 (353, 128, 148, 138) *87
Total Active Halifax/Dartmouth Inventory:  4,483 (4,727, 4,974, 4,976, 5.032)
Active Single Family Home: 2,852 (3,031, 3,210, 3,239, 3,298) *2,472
Average Single Family Home List Price:  $310,477 ($302,000, $282.065, $285,888, $244,829) *281k
Average Single Family Home Selling Price:  $298,157 ($290,985, $272,556, $268,293, $235,710) *274k
Average Days On  Market Single Family Home: 142 (127, 107, 107, 96) *131
Active Condos:  407 (417, 431, 413, 412) *247
Average Condo Listing Price:  $283,655  ($300,515, $277,485, $235,185, $236,813) *188k
Average Condo Selling Price:  $279,561 ($290,515, $269,842, $227,971, $228,750) *182k
Average Days On Market Condos:  70 (110, 74, 63, 110) *55
Halifax/Dartmouth Absorption Rate (weeks):  48 (56, 102, 48, 51) *57

MARKET RANT
Firstly, I would like to take this opportunity to thank my devoted Blog readers for their patience while the site was being worked on over the last few weeks. Secondly, I would like to wish you all a very Merry Christmas and a Happy New Year, as this will be the last post for 2013. I plan on doing the year in review in the first week of January, so make sure you stop in to see how we made out compared to previous years. I would also like to take this opportunity to thank and congratulate all of my clients on their property sales and purchases, and wish them all the best in the new year! And last but not least, I would like to take a moment to think about and thank all of our troops that are deployed or cannot be with their loved ones this holiday season. I know personally it gets difficult around this time to be away, but the support of friends and family make it easier to soldier on through the days. 

Thanks again to all of my readers, and I look forward to meeting you all one day! Happy New Year!!


WEEKLY ADOGTABLE
Taffy is moving from the "adopted" section back to the "available dogs" section of our facebook page - she has not meshed with the dog already living in the home, and the new owners feel like it's really just not working out - so the search for a new owner has begun.

Taffy needs a home with no other dogs to compete with resources in the home with and also should have no children.

Taffy loves balls, she loves to snuggle - on her own terms, she loves kongs, she loves being near you, she loves off leash walks in the woods, she can be left at home in the day without you and she's not much of a barker - but she's really decided that she'd rather be the only dog in the home.

She spent five long yard years outside, and she has a lot of love to give - and she'd rather not share that love with another dog. Follow up with a trainer will be given in her new home. Taffy is available through no chains all love dog rescue society, and more info about this and other adoptable's looking for their furever home can be found by clicking the picture.

Are you familiar with ViewPoint Realty? How about the ViewPoint 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!

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 leave a public comment or question below. 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.


Newest blog post HERE

Halifax (HRM) Residential Market Statistic Update For Week of November 28th to December 5ht 2013
(Previous weeks numbers in brackets)
*Last year this week

New Listings:  303 (300, 314, 326, 466) *306
Sold:  90 (87, 121, 68, 166) *88
Sale To List Ratio: 30% (29%, 39%, 21%, 37%) *29%
Expired/Cancelled/Withdrawn:  353 (128, 148, 138, 259) *307
Total Active Halifax/Dartmouth Inventory:  4,727 (4,974, 4,976, 5.032, 5,029)
Active Single Family Home: 3,031 (3,210, 3,239, 3,298, 3,319) *2,660
Average Single Family Home List Price:  $302,000 ($282.065, $285,888, $244,829, $309,696) *279k
Average Single Family Home Selling Price:  $290,985 ($272,556, $268,293, $235,710, $,293,573) *271k
Average Days On  Market Single Family Home: 127 (107, 107, 96, 111) *78
Active Condos:  417 (431, 413, 412, 407) *264
Average Condo Listing Price:  $300,515  ($277,485, $235,185, $236.813, $216,268) *270k
Average Condo Selling Price:  $290,515 ($269,842, $227,971, $228,750, $209,428) *262k
Average Days On Market Condos:  110 (74, 63, 110, 123) *140
Halifax/Dartmouth Absorption Rate (weeks):  56 (102, 48, 51, 48) *46

MARKET RANT
First week of December reported pretty typically for this time of year. Although the white stuff hasn't started flying yet, the end of the year seems to have been a final push for many listed on the market, or looking for a great deal. This weeks expired listings where extremely high, also typical for this time of year. Weary sellers who have lasted out the market in hopes of getting that year end bid, find themselves reflecting on the market and what may have been done differently. No doubt a good percentage of those who expired this week will return in the Spring, hopefully with renewed vigour, realistic goals, and a new marketing strategy. Although the statistics reflect the fact that sales have been quite poor this year, when it comes time to re-list a property in the Spring, many folks might opt for a change in representation. Without question, the marketing landscape for property is completely different from what it was 5-10 years ago, you could even go as far as say 2-3 years ago. Technology is leading the way to a new, tech savvy, and educated buyers and sellers. Make sure you find the right fit to stand above the swell of inventory, and take the question of marketing from the back of your mind. Make sure you check out the monthly graphical analysis for November by scrolling down. Thanks for stopping by!


WEEKLY ADOGTABLE
Tammy is a 4 year old Am staff, that once she gains your trust will become a total love bug. She loves the outdoors, running around being a total goof, getting a belly rub, or just going for a stroll. In the house she will lay at you feet and play with her toys for hours, or snuggle up next to you for some cuddles.
She is house trained, kennel trained, spayed, micro-chipped, UTD on vaccines. Tammy would love a nice quiet home to hang out with her people in. She would also require a home without any other pets in it.

This beauty is currently being cared for by Pit Project Rescue, a non profit rescue association. Details about this beauty and others ready for a "furever"  home, including how to adopt, other dogs for adoption, and ways to donate, can be found by clicking the picture :)  Thank you for your consideration! 

Are you familiar with ViewPoint Realty? How about the ViewPoint 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!

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 leave a public comment or question below. 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.


Newest blog post HERE

Conforming to annual trend, Halifax inventory continued its slow decline into the winter market. Well above out inventory last year, and still very much the record holder for largest amount of inventory in Halifax recorded.

Average sale prices are still encouraging, or discouraging depending who you talk to. One camp says "reduce now stimulate sales!" while another camp declares "I have my price and I'm sticking to it". Not as simple as a few price corrections however.

Still circling the drain is our monthly sales here in Halifax. Oddly enough, October has proven to be a decent sales month, and by the time we reach November, the sales window closes. 



Are you familiar with ViewPoint Realty? How about the ViewPoint 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!

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 leave a public comment or question below. 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.


Newest blog post HERE