Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 115 (145, 147, 192, 124) *117
Sold:  94  (108, 96, 98, 87) *112
Sale To Listing Ratio: 82% (75%, 65%, 51%, 70%) *96%
Price Changes: 34 (49, 69, 70, 61) *26
Listings that went conditional/pending: 99 (116, 113, 143, 105)  *123
Expired/Cancelled/Withdrawn: 35 (120, 123, 49, 54) *35
Total Active Halifax/Dartmouth Inventory:  1,172 (1,202, 1,207, 1,285, 1,269) +706
Absorption Rate in weeks:  12 (12, 12, 13, 12) *5

Single Family Home Stats
Active Single Family Home: 567 (488, 596, 635, 627) *192
Average Single Family Home List Price:  $479,900 ($501k,$473k,$475k,$460k) *$494k
Average Single Family Home Selling Price:  $457,500 ($492k,$471k,$470k,$454k) *$529k
Single Family Home Sale to List Ratio This Week: 95%  (98%, 99%, 99%, 99%) *107%
Median Single Family Home List Price (6 mo): $460,000 ($460k,$460k,$460k,$450k) *$394k
​Median Single Family Home Sold Price (6 mo):$475,000 ($475k,$477k,$480k,$485k)*$436k
Average Days on Market Single Family Home: 27 (28, 38, 31, 35) *22

Condo Stats
Active Condos:  77 (84, 84, 97, 96) *44
Average Condo Listing Price:  $369,900 ($375K, $365k, $425k, $486k) *$386k
Average Condo Selling Price: $355,000 ($369k, $361k, $429k, $479k) *$409k
Condo Sale to List Ratio This Week: 96% (99%, 98%, 101%, 99%)  *106%
Median Condo List Price (6 mo): $389,900 ($400k, $396k, $395k, $390k) *$325k
Median Condo Sold Price (6 mo): $397,000 ($395k, $390k, $390k, $395k) *$343k
Average Days on Market Condos: 33 (27, 11, 23, 26) *73

Active Vacant Lots: 400 (400, 394, 412, 407) *353

Market Rant
A fairly typical report for this time of year, as we head into the end of the fourth quarter and the holiday season. Not really the season to put a property on the market, which is why new listing additions typically report low this time of year, but it could also be a listing strategy as there are still people looking right up until the end of the month. We should see a bump in activity right after we ring in the new year, should we be returning to regular Halifax market trend It will then taper off once snow hits the ground, and pick up in momentum until the peak in Spring. Spring is the time where we see the most activity, so it will be interesting to see how this coming Spring will shape up with all the uncertainty and new variables. I'm also extremely interested in how this market year will look on the 2022 year in review charts. No doubt it will look something similar to the 2020 and 2021 market reports, just backwards. Values remain steady this week and the market really didn't move in either direction, so it looks like things will settle down, for now, to close out the year on  a quiet note. 2023 will certainly be another interesting market year, so be sure to stay tuned to the blog to stay on top of things! Thanks for stopping by! 

Happy Holidays!
​I just wanted to wish all my clients (past, present and future), friends, family and readers of the blog a very Merry Christmas and Happy New Year! The weekly market rant is signing off for the rest of the year, and will return in 2023 with the 2022 market year summary! Be sure to stop by, you will not want to miss it! 

Hey doggy lovers! My name is Petunia, named after a flower because I am a delicate, beautiful, and strong. I am a one and a half year old Lab/Retriever mix girl weighing around 50 lbs. I came from Louisiana a few weeks ago. Now I am ready to find my forever home!

I am house trained. I have had a few accidents in my new foster daddy’s home, but we worked hard together and I am proud to say that I no longer use the washroom in the house. I love toys, whenever I get a chance I like to prove that no toy is indestructible. I sometimes need a cue if I am doing something mischievous and getting into things I shouldn’t be.

I was previously fostered in Louisiana with multiple dogs, while I was recovering from my surgery. I had no issues at all there. However, since being in Canada, I had a couple of incidents with my last 2 foster homes. I was fine for the first couple days but then I wasn't. I'm not sure what happened or why but I bit the resident’s dogs. This was not my proudest moment. I am now in a pet free foster home and should continue to be in one for my forever home. I don’t seem to have any issues playing with dogs outside as I have been playing with multiple dogs frequently outside. Although I think being muzzle trained would be ideal. I did see a cat and did not try to chase them but again pet free is ideal. 

So about my surgery, I had a hip replacement which took some time to heal. But the good news is that I got the latest brand. Still working on getting used to it, that is probably why i sit funny sometimes or on walks I tend to pull. I am learning not to jump on people but I get so excited to see people I forget my manners.

I am not nervous around anyone. This is probably not a good trait cause I don’t know what stranger danger is. I do not bark at all. Actually, that is not true my foster daddy once caught me barking in my sleep but that’s about it. He was getting worried that I might have been mute. I’ll accept love in the form of pets anytime but my favourite thing is food. I am totally food motivated. I don’t even care if it’s edible.

I love the vet! I just went for a full check up and the place is like willy wonka chocolate factory. It’s pretty much unlimited treats, while they poked and prodded me but its totally worth it. I got a clean bill of health.

I love going for walks! I’ll sit at the door and wait to go out to do my business. I don’t mind going in the car with you, I love the front seat especially if you have heated seats, what can I say, I am a princess.

I’m a super cuddly gal that would love to lie on the couch with you or on top of you. My foster paw-rents gave me my own bed but I’d much rather be in theirs. I am also crate trained, you just have to point and say kennel. Most times I listen but I will always listen if you have food in your hand.

I am a really good girl who is looking for a home where I can be your one and only. If you think I am the girl for you, fill out an application today. 

My adoption fee is a $500 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: 145 (147, 192, 124, 181) *163
Sold:  108  (96, 98, 87, 131) *141
Sale To Listing Ratio: 75% (65%, 51%, 70%, 72%) *87%
Price Changes: 49 (69, 70, 61, 85) *26
Listings that went conditional/pending: 116 (113, 143, 105, 125)  *141
Expired/Cancelled/Withdrawn: 120 (123, 49, 54, 48) *48
Total Active Halifax/Dartmouth Inventory:  1,202 (1,207, 1,285, 1,269, 1,299) +762
Absorption Rate in weeks:  12 (12, 13, 12, 12) *5

Single Family Home Stats
Active Single Family Home: 588 (596, 635, 627, 640) *226
Average Single Family Home List Price:  $500,886 ($473k,$475k,$460k,$519k) *$443k
Average Single Family Home Selling Price:  $491,997 ($471k,$470k,$454k,$512k) *$483k
Single Family Home Sale to List Ratio This Week: 98%  (99%, 99%, 99%, 99%) *109%
Median Single Family Home List Price (6 mo): $459,900 ($460k,$460k,$450k,$460k) *$390k
​Median Single Family Home Sold Price (6 mo):$475,000 ($477k,$480k,$485k,$490k)*$436k
Average Days on Market Single Family Home: 28 (38, 31, 35, 31) *18

Condo Stats
Active Condos:  84 (84, 97, 96, 99) *54
Average Condo Listing Price:  $374,864 ($365k, $425k, $486k, $455k) *$384k
Average Condo Selling Price: $369,171 ($361k, $429k, $479k, $441k) *$413k
Condo Sale to List Ratio This Week: 99% (98%, 101%, 99%, 97%)  *107%
Median Condo List Price (6 mo): $399,900 ($396k, $395k, $390k, $390k) *$325k
Median Condo Sold Price (6 mo): $394,950 ($390k, $390k, $395k, $400k) *$341k
Average Days on Market Condos: 27 (11, 23, 26, 22) *16

Active Vacant Lots: 400 (394, 412, 407, 415) *364

Market Rant
A lot of buzz surrounding the article that came out boasting how Halifax is "bucking the national trend" when it comes to our housing market, and I was asked my thoughts on the matter so I figured I would share them. Keep in mind this is just my opinion, but the stats are telling a different story, for HRM at least. Sure, we may have seen the price peak cap in April with another few percent gain to the overall increase, but since then, there has been a swift and significant reduction in values since. Supply and demand was mentioned for the recent activity, which I have mentioned on the blog a few times over the last month or so, but this is an annual trend that occurs and repeats in the last quarter here. Sure, the pickins are still slim, but we are almost double the inventory selection from last year (almost triple for single family homes), which is expected to keep gaining ground in the new year, and values continue to drop. We were in a sellers market prior to the pandemic market, with property values in NS finally starting to push to heights that should have been already, and with the significant increase of property values during the pandemic market, it only acted to catch us up that much faster. As the months have pressed on since the peak, we have seen the multiple offer overbid amounts reduce significantly when in play, or simply not be a factor, which is aiding to the stabilization of listing and selling prices across the board. Right now, the reduction from Aprils peak has put us almost parody values to last year at this time for single family homes, and the expectation is that there will be a further drop until the "new" average listing price expectations are established. So where will that be?

the 2019 market is well behind us, and so too are the prices that were enjoyed at that time. Nova Scotia was just waiting to be rediscovered by Canadians and all over the world, and when they did, it seemed liked everyone wanted a piece By launching us into the current market, the ebb and flow values have set a new bar for product value, which is still being determined, but getting closer to what one could come to expect and plan for. Nova Scotia has long been a slow gain market, and up until 2019, a safe 2-3% annual gain was about the expectation anyone had year to year. Even in the extreme buyers markets of 2014/15, Nova Scotians did not bend a lot with values, which kept prices stabilized in what could have been a disastrous loss. In April of 2022, this was the weekly listing and selling prices of homes in HRM:

Compared to this week:

Listing prices are similar, although lower now compared to April, but the big takeaway is the actual selling prices from then to now. Looks like a fairly large reduction in value since the peak, and again, the expectation that this will continue until prices stabilize. Will it be a Sellers market again in 2023? I imagine there will be pockets, and well priced homes will still see renewed activity, but my prediction is Halifax will taper off to a balanced market by this time next year. Will we get back to the slow gain market of the old days, or will we add a couple points each year as the demand for Nova Scotia increases, or will it be as the article predicts? Only time will tell, and I have you covered! Thanks for stopping by! 

Hello there everyone! My name is ET and I am a 7-year-old, 25lb, Jack Russel terrier mix girl who was surrendered by her former owners due to circumstances beyond their control. I have been chilling in my foster home for the past few weeks and now I'm ready to start the search for my forever home.

My foster family tells me I am a sweet and smart girl. I have shown that I know how to come, jump, paw, high five, sit, and do a brief stay. I took about 3 times to learn to sit at the door when someone gets home before they’ll rub me with the scratches and pats I love! I am also learning to play find it with little pieces of cheese. I love to please and want to learn.

It took the dogs in my foster home a little while to accept me but now we’re cuddle buddies. The cat still hides from me, even though I just want to play. I think she would come to accept me if she was around me longer. I have also learned to be quiet with the rabbits and not chase them. I don’t like to share my treats and will growl if my fur siblings try to take them. I think all treats should be for me so I might try to steal the other's treats. Some practice with other dog friends should help me with this. I am good at sharing a food bowl and am free-fed, although this isn't ideal because I could stand to lose a few pounds.

I am so quiet and well-behaved on car rides that you will forget I’m there in the back seat enjoying being with you. I become smiley when we play ball, tug of war, or go for walks. I like to use a harness instead of a collar on walks. I also do my best meeting other dogs in a neutral area off-leash. New people who come into our home make me nervous and I will growl. A few kind words and a couple of treats will make us new best friends.

I am a low-energy girl who loves to cuddle in my person’s lap or next to them in bed. I hope you don’t mind a little snoring. I am house-trained and can wait to go potty while you’re at work or having a good night’s sleep. Although, when I first come to a new place and meet new people, I get worried and might have accidents. Once I know you just want to love me, I’m golden. I am eager to find someone who needs me and who makes me feel that I am home.

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: 147 (192, 124, 181, 169) *118
Sold:  96  (98, 87, 131, 91) *143
Sale To Listing Ratio: 65% (51%, 70%, 72%, 54%) *121%
Price Changes: 69 (70, 61, 85, 118) *38
Listings that went conditional/pending: 113 (143, 105, 125, 128)  *169
Expired/Cancelled/Withdrawn: 123 (49, 54, 48, 112) *57
Total Active Halifax/Dartmouth Inventory:  1,207 (1,285, 1,269, 1,299, 1,280) +778
Absorption Rate in weeks:  12 (13, 12, 12, 12) *5

Single Family Home Stats
Active Single Family Home: 596 (635, 627, 640, 640) *239
Average Single Family Home List Price:  $472,900 ($475k,$460k,$519k,$545k) *$475k
Average Single Family Home Selling Price:  $471,000 ($470k,$454k,$512k,$541k) *$521k
Single Family Home Sale to List Ratio This Week: 99%  (99%, 99%, 99%, 99%) *110%
Median Single Family Home List Price (6 mo): $459,900 ($460k,$450k,$460k,$460k) *$390k
​Median Single Family Home Sold Price (6 mo):$477,000 ($480k,$485k,$490k,$499k)*$437k
Average Days on Market Single Family Home: 38 (31, 35, 31, 26) *19

Condo Stats
Active Condos:  84 (97, 96, 99, 106) *49
Average Condo Listing Price:  $367,450 ($425k, $486k, $455k, $455k) *$346k
Average Condo Selling Price: $361,250 ($429k, $479k, $441k, $449k) *$370k
Condo Sale to List Ratio This Week: 98% (101%, 99%, 97%, 99%)  *107%
Median Condo List Price (6 mo): $394,900 ($395k, $390k, $390k, $387k) *$325k
Median Condo Sold Price (6 mo): $390,050 ($390k, $395k, $400k, $400k) *$340k
Average Days on Market Condos: 11 (23, 26, 22, 23) *13

Active Vacant Lots: 394 (412, 407, 415, 405) *372

Market Rant
Is it December already?? 2022 has definitely been an interesting one, with well defined peaks and valleys, with the latter continuing to press on as we close out the year. December is usually the break point for many, concentrating on the upcoming holidays to perhaps try again in the new year. The stats continue to reflect this trend with a massive cut in overall inventory, shrinking additions to weekly inventory, pending properties and sales, and one of the largest expired/cancelled/withdrawn weeks we have seen all year. Prices again took minor adjustments this week, but overall held steady. With the lacking inventory, buyers are having one last Christmas rush before the holiday break, but expect things to continue to slow down as the end of the year approaches, then pick up a bit in January until the white stuff flies.


Very interested to see how the overall stats shape up for 2022, and I will have you covered with a "year end wrap up" in January, so be sure to stop by and see just how much things changed this market year. Until then, couple more reports to close out the 4th quarter, so be sure to check back as we send 2022 into the books. Thanks for stopping by! 
​

Hi everyone, I'm Buster, a one year old, 25 lb, male Cur mix. I came all the way from Louisiana 5 months ago in hopes of finding my furever family in the beautiful Maritimes. My rescuers can't believe I am still waiting for someone to choose me as theirs as I'm a total love bug!!

I am currently living in Nova Scotia with a foster family that includes a few other dogs, and I love them all! I’m a happy-go-lucky guy with lots of energy. Sometimes older dogs may not like how energetic I am, but I just want to play! I like everyone I meet including kids, cats and other dogs. I think I’d love a young family that is active and fun. I am getting about 3-4 twenty minute walks a day here and that has helped resolve my energy needs, my house training issues and my chewing issues! As long as you can keep up with my schedule, everything should be fine. I have destroyed a couple screens in my foster home but that's not from chewing; it’s from jumping up to look out the window. 

I love toys of all kinds and I’ll need some available for me to chew on. I also love the outdoors! I am still working on my house training and it is coming along great but I will only do my business on my walks so you have to keep up with that. 20 mins each time is fine though! 

I don’t like being home alone, as you can imagine since my previous humans never did come back. In my new foster home, I do not like the crate. I will go in and be quiet, but you have to catch me and force me into it so I’d really prefer not to have to go in one if possible. My new foster mom thinks I would be fine, even in an apt, as long as I have toys to play with and a doggy playmate since I don't bark much. 

Since I am very food motivated, I’ve learned some tricks like how to come when my name is called! This hasn’t been tested outside yet but you can see I’m a smart boy that is willing to learn new things. I also may take a stab at counter surfing when I first get there but a few no's and I'll learn pretty quickly that it's not allowed.

I’ve tried swimming and I really like it, I hope to do some more swimming and adventures with my forever family.

I would really love other canine fur siblings in my home, ones that match my energy level are preferred but definitely ones who will play with me. I do have some energy to burn and a few things to work on but my loving nature will shine through those as I love everything including life and it shows. 

If you are an active person who enjoys the great outdoors, we could be soul mates! Do you think we’d be the perfect match? If so, please fill out an application so we can meet! If not, please, please, please share my story!!! I am the kindest, most lovable boy who deserves a forever family to call my own. 

My adoption fee is a $500 donation to the rescue to help save more dogs like me. I am neutered, 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 him 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