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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 278 (262, 249, 270, 261) *265 Sold: 132 (126, 120, 143, 166) *125 Sale To Listing Ratio: 48% (48%, 48%, 53%, 64%) *47% Price Changes: 180 (164, 163, 143, 192) *133 Conditional Sale: 144 (149, 154, 149, 165) *157 Expired/Cancelled/Withdrawn: 63 (130, 56, 68, 72) *50 Total Active Halifax/Dartmouth Inventory: 2,303 (2,257, 2,272, 2,248, 2,249) *1,951 Absorption Rate: *18 (16, 15, 15, 14) *14 Single Family Home Stats Active Single Family Home: 1,246 (1,219, 1,226, 1,206, 1,210) *1,009 Average Single Family Home List Price: $640,640 ($662k, $652k, $636k, $665k) *$610k Average Single Family Home Selling Price: $633,643 ($642k, $646k, $622k, $654K) *$602k Single Family Home Sale to List Ratio This Week: 99% (97%, 99%, 98%, 98%) *99% Median Single Family Home List Price (6 mo):$599,900 ($600k, $599k, $600k, $600k) *599K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $591k, $590k)*$591k Average Days on Market Single Family Home: 40 (39, 30, 36, 32) *42 Condo Stats Active Condos: 270 (266, 268, 270, 268) *227 Average Condo Listing Price: $437,452 ($435k, $495k, $484k, $392k) *$465k Average Condo Selling Price: $431,439 ($423k, $481k, $470k, $377k) *$460k Condo Sale to List Ratio This Week: 99% (97%, 97%, 97%, 96%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $440,000 ($439k, $438k, $437k, $438k) *$440k Average Days on Market Condos 35 (50, 57, 33, 68) *51 Active Vacant Lots: 478 (467, 465, 448, 450) *443 Market Rant There’s a little bit of everything happening in the market right now, and this week gives us a good reminder that real estate is rarely moving in one perfectly predictable direction. Inventory continues to build, giving buyers more options and creating a more competitive environment for sellers. At the same time, sales activity remains healthy, and we're still seeing plenty of buyers making moves when they find the right property. In other words, buyers haven't disappeared, they're simply becoming more selective. For single-family homes, pricing remains relatively stable, and sellers are still achieving very strong sale-to-list ratios. However, homes are taking a little longer to sell than they were during some of the faster paced periods we've seen. That makes proper pricing and presentation increasingly important. The condo market is also holding fairly steady. Inventory is elevated compared with last year, but buyers are still active, and properly priced condos continue to attract attention. The broader condo market appears to be finding a fairly consistent pricing range, even with some week to week fluctuations. One thing that continues to stand out is the number of price adjustments happening across the market. With buyers having more choices, sellers can't simply rely on the market to push their property along. If a listing isn't generating the expected activity, the market is providing pretty clear feedback. Overall, we're in a market where buyers have choices and sellers have to compete. That's not necessarily a bad thing, it's just a different environment than the frenzier markets we've experienced in the past. The winds of change I think we're officially at the point where the old-school real estate advice needs to be put back on the shelf. "Just list it high and see what happens." "We can always reduce it later." "Someone will fall in love with it." Maybe... But when buyers have a growing number of properties to choose from, overpricing a home is no longer a harmless strategy. The first few weeks on the market are incredibly important, and buyers are comparing your property against everything else that's available. And here's the funny part: buyers aren't necessarily expecting a bargain... they're looking for value. There's a big difference. A well-priced home that shows beautifully can still generate strong interest, multiple offers and a quick sale. A home that's priced too aggressively can sit around while buyers wait to see what happens next. Meanwhile, sellers start thinking, "Maybe we should reduce it." Then the price gets reduced. Then buyers think, "Hmm... why has it been sitting?" And suddenly we're having a conversation about whether the property has become "stale". Don't try to beat the market. Read the market. Look at the competition. Look at what has actually sold. Look at what isn't selling. Look at how long properties are sitting. Then price accordingly. Because in a market with more inventory, being the best valued property in the neighbourhood is a much better strategy than simply being the most expensive one. The Bottom Line We're seeing a market with more selection, active buyers and increasingly important pricing decisions. It's not a bad market, it's a market that requires a little more thought and a lot less guessing. Buyers have options. Sellers have competition. And good strategy matters. Stay tuned to the blog to keep on top of the ever-changing market, and as always, 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 262 (249, 270, 261, 319) *218 Sold: 126 (120, 143, 166, 183) *138 Sale To Listing Ratio: 48% (48%, 53%, 64%, 57%) *63% Price Changes: 164 (163, 143, 192, 216) *121 Conditional Sale: 149 (154, 149, 165, 145) *159 Expired/Cancelled/Withdrawn: 130 (56, 68, 72, 68) *59 Total Active Halifax/Dartmouth Inventory: 2,257 (2,272, 2,248, 2,249, 2,261) *1,901 Absorption Rate: *16 (15, 15, 14, 14) *13 Single Family Home Stats Active Single Family Home: 1,219 (1,226, 1,206, 1,210, 1,205) *985 Average Single Family Home List Price: $661,756 ($652k, $636k, $665k, $638k) *$575kk Average Single Family Home Selling Price: $641,545 ($646k, $622k, $654K, $631k) *$552k Single Family Home Sale to List Ratio This Week: 97% (99%, 98%, 98%, 99%) *96% Median Single Family Home List Price (6 mo):$599,900 ($599k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $591k, $590k, $590k)*$590k Average Days on Market Single Family Home: 39 (30, 36, 32, 34) *29 Condo Stats Active Condos: 266 (268, 270, 268, 269) *204 Average Condo Listing Price: $434,450 ($495k, $484k, $392k, $418k) *$466k Average Condo Selling Price: $422,950 ($481k, $470k, $377k, $411k) *$557k Condo Sale to List Ratio This Week: 97% (97%, 97%, 96%, 98%) *98% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$448k Median Condo Sold Price (6 mo): $438,950 ($438k, $437k, $438k, $438k) *$435k Average Days on Market Condos 50 (57, 33, 68, 41) *29 Active Vacant Lots: 467 (465, 448, 450, 451) *429 Market Rant For anyone watching the Halifax real estate market, this week felt like more of a continuation than a turning point. Activity remained steady, inventory stayed elevated, and the overall market continued to reward patience over urgency. Buyers still have plenty of choice, while sellers who price and present their homes well are continuing to find success. One noticeable shift was a slight tightening in available inventory after several weeks of steady growth. Although active listings remain well above last year's levels, the small decline suggests that new supply and buyer demand are beginning to find a better balance. With absorption remaining relatively stable, the market continues to favour informed decision making rather than rushed offers or bidding wars. The single-family home segment remained consistent, with average prices staying within the range we've seen over the past several weeks. Homes are still selling very close to their asking prices, a sign that well-priced properties continue to attract motivated buyers. Marketing times increased slightly, reinforcing that buyers are taking a little longer to evaluate their options before making an offer, which is a natural outcome in a market with more selection. The condominium market experienced another week where average prices fluctuated, but the underlying story remains one of stability. Median prices have changed very little over recent months, suggesting that week-to-week swings in averages are more reflective of the types of units selling than any broad change in condo values. Inventory has remained relatively consistent, providing buyers with a healthy selection while keeping the segment active. Overall, the market continues to behave in a predictable and sustainable way. Buyers are benefiting from increased choice, sellers are still achieving strong results when their homes are marketed effectively, and pricing has remained remarkably resilient despite the higher inventory levels. It may not be the frantic pace of recent years, but it's proving to be a much healthier market for everyone involved. The first week on the market still matters most:. There's a common misconception that if a home doesn't sell right away, you can simply reduce the price later and expect the same level of interest. Unfortunately, it rarely works that way. The first week a property hits the market is when it receives the most attention. Buyers who have been waiting for a home like yours will see it immediately, and new listings naturally rise to the top of search results. That's your biggest opportunity to create excitement. If a home is overpriced or poorly presented during that window, it can lose momentum quickly. Even after a price adjustment, buyers often wonder why it didn't sell initially, and the listing may not generate the same buzz it would have had on day one. That's why preparation is everything. Thoughtful pricing, professional marketing, great photography, and having the home ready before it goes live can make all the difference. You only get one first impression in real estate, it's worth making it count. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 249 (270, 261, 319, 242) *218 Sold: 120 (143, 166, 183, 124) *138 Sale To Listing Ratio: 48% (53%, 64%, 57%, 51%) *63% Price Changes: 163 (143, 192, 216, 155) *121 Conditional Sale: 154 (149, 165, 145, 173) *159 Expired/Cancelled/Withdrawn: 56 (68, 72, 68, 145) *59 Total Active Halifax/Dartmouth Inventory: 2,272 (2,248, 2,249, 2,261, 2,174) *1,901 Absorption Rate: *15 (15, 14, 14, 14) *13 Single Family Home Stats Active Single Family Home: 1,226 (1,206, 1,210, 1,205, 1,142) *985 Average Single Family Home List Price: $651,454 ($636k, $665k, $638k, $686k) *$575kk Average Single Family Home Selling Price: $645,476 ($622k, $654K, $631k, $666k) *$552k Single Family Home Sale to List Ratio This Week: 99% (98%, 98%, 99%, 97%) *96% Median Single Family Home List Price (6 mo):$599,000 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($591k, $590k, $590k, $590k)*$590k Average Days on Market Single Family Home: 30 (36, 32, 34, 31) *29 Condo Stats Active Condos: 268 (270, 268, 269, 271) *204 Average Condo Listing Price: $494,900 ($484k, $392k, $418k, $376k) *$466k Average Condo Selling Price: $481,439 ($470k, $377k, $411k, $376%) *$557k Condo Sale to List Ratio This Week: 97% (97%, 96%, 98%, 100%) *98% Median Condo List Price (6 mo): $449,500 ($450k, $450k, $450k, $450k) *$448k Median Condo Sold Price (6 mo): $437.500 ($437k, $438k, $438k, $441k) *$435k Average Days on Market Condos 57 (33, 68, 41, 38) *29 Active Vacant Lots: 465 (448, 450, 451, 448) *429 Market Rant Our market here in Halifax continued its late summer rhythm this week, with a modest slowdown in both new listings and completed sales. While activity eased compared to recent weeks, the overall market remains healthy, and inventory continues to provide buyers with an abundance of choice. One trend that continues to stand out is the stability of the market despite the elevated inventory. Active listings reached another high point for the year, yet homes that are well-prepared and competitively priced are still attracting offers and selling close to their asking price. Rather than signalling a weak market, the additional inventory is creating a more balanced environment where buyers have time to make informed decisions and sellers have to be more strategic than they were a few years ago. The single-family home market remained resilient this week. Average prices moved higher again, while the median price remained virtually unchanged, reinforcing that overall home values have stayed remarkably steady over the past several months. Days on market also improved slightly, suggesting buyers are still moving decisively when the right property comes along. Condominiums experienced another week of shifting averages, but the broader trend remains consistent. Median prices continue to hold steady, indicating that fluctuations in average prices are largely being driven by the mix of units sold rather than a significant change in market value. With inventory remaining relatively stable, condos continue to offer an attractive entry point for first-time buyers, downsizers, and investors alike. Overall, this week's report paints the picture of a market that is finding its footing. Inventory is abundant, competition among sellers remains healthy, and buyers have opportunities that simply didn't exist a few years ago. At the same time, strong demand continues to support pricing, resulting in a market that feels increasingly balanced. Presentation has never mattered more! When inventory was extremely tight, almost every home received attention simply because there were so few options available. Today's market is different. Buyers are scrolling through hundreds of listings before they ever step foot inside a home. They compare photos, read descriptions, check room sizes, and often decide within seconds whether a property is worth viewing. That means presentation isn't just a nice bonus... it's part of your pricing strategy. Professional photography, decluttering, fresh paint, minor repairs, and thoughtful staging can dramatically change a buyer's first impression. Two similar homes can receive very different levels of interest simply because one tells a better story online. In today's market, buyers have choices. The homes that stand out are the ones that look cared for, feel inviting, and make it easy for buyers to picture themselves living there. Selling a home has never been just about putting it on the market. It's about making it impossible to scroll past. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 270 (261, 319, 242, 305) *257 Sold: 143 (166, 183, 124, 175) *158 Sale To Listing Ratio: 53% (64%, 57%, 51%, 57%) *62% Price Changes: 143 (192, 216, 155, 232) *151 Conditional Sale: 149 (165, 145, 173, 172) *158 Expired/Cancelled/Withdrawn: 68 (72, 68, 145, 68) *138 Total Active Halifax/Dartmouth Inventory: 2,248 (2,249, 2,261, 2,174, 2,235) *1,918 Absorption Rate: *15 (14, 14, 14, 13) *11 Single Family Home Stats Active Single Family Home: 1,206 (1,210, 1,205, 1,142, 1,176) *1,000 Average Single Family Home List Price: $635,698 ($665k, $638k, $686k, $651k) *$631k Average Single Family Home Selling Price: $621,741 ($654K, $631k, $666k, $644k) *$632k Single Family Home Sale to List Ratio This Week: 98% (98%, 99%, 97%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,900 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 36 (32, 34, 31, 30) *27 Condo Stats Active Condos: 270 (268, 269, 271, 277) *197 Average Condo Listing Price: $483,833 ($392k, $418k, $376k, $465k) *$530k Average Condo Selling Price: $470,072 ($377k, $411k, $376%. $455k) *$513k Condo Sale to List Ratio This Week: 97% (96%, 98%, 100%, 98%) *97% Median Condo List Price (6 mo): $449,000 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $436,750 ($438k, $438k, $441k, $445k) *$440k Average Days on Market Condos 33 (68, 41, 38, 38) *37 Active Vacant Lots: 448 (450, 451, 448, 455) *440 Market Rant The Halifax real estate market settled into a more measured week, with both new listings and completed sales easing from the previous reporting period. Even with the slight slowdown, the overall picture remains remarkably consistent: inventory continues to hover near its highest levels in years while buyer demand remains healthy enough to keep the market moving. One of the more encouraging trends this week is that inventory has essentially stabilized. After months of steady increases, the total number of active listings changed very little, suggesting the market may be finding a temporary balance between new supply and buyer absorption. While buyers continue to enjoy plenty of choice, quality homes that are priced appropriately are still attracting offers without lengthy delays. The single-family home market remained steady. Average prices softened slightly from last week, but sale-to-list ratios continue to demonstrate that buyers are willing to pay close to asking price for desirable properties. Marketing times have edged up modestly compared to earlier in the season, which gives buyers a little more breathing room while still rewarding sellers who prepare and price their homes effectively. The condominium market bounced back after several weeks of fluctuating averages. Average sale prices recovered nicely, while median values remained stable, reinforcing that condos continue to represent a dependable segment of the market. Days on market also improved, indicating buyers remain engaged despite the increased selection. Overall, this week's numbers reinforce the trend we've been watching throughout the summer. The market isn't accelerating, nor is it slowing dramatically. Instead, it's behaving much more like a balanced marketplace, where realistic pricing, strong presentation, and patience are becoming the keys to success. Your competition isn't last month's market—it's today's listings. One of the biggest mistakes sellers make is pricing their home based on what the neighbour down the street sold for a few months ago. The reality is that buyers don't compare your home to sales from the spring—they compare it to what's available today. If there are ten similar homes on the market, yours has to stand out on value, condition, presentation, or price. That's why pricing is constantly evolving. As inventory grows or shrinks, the competition changes with it. A strategy that worked three months ago may not be the best strategy today. For buyers, this means there's more opportunity to compare properties and negotiate when appropriate. For sellers, it means understanding the current landscape is more important than focusing on yesterday's results. Real estate is always a moving target. The homes you're competing against today matter far more than the ones that sold yesterday. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 319 (242, 305, 331, 272) *257 Sold: 183 (124, 175, 171, 142) *158 Sale To Listing Ratio: 57% (51%, 57%, 52%, 52%) *62% Price Changes: 216 (155, 232, 192, 195) *151 Conditional Sale: 145 (173, 172, 214, 201) *158 Expired/Cancelled/Withdrawn: 68 (145, 68, 41, 59) *138 Total Active Halifax/Dartmouth Inventory: 2,249 (2,174, 2,235, 2,198, 2,119) *1,918 Absorption Rate: *14 (14, 13, 14, 14) *11 Single Family Home Stats Active Single Family Home: 1,205 (1,142, 1,176, 1,168, 1,119) *1,000 Average Single Family Home List Price: $638,021 ($686k, $651k, $637k, $628k) *$631k Average Single Family Home Selling Price: $631,434 ($666k, $644k, $623k, $624k) *$632k Single Family Home Sale to List Ratio This Week: 99% (97%, 99%, 98%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 34 (31, 30, 37, 19) *27 Condo Stats Active Condos: 268 (271, 277, 275, 272) *197 Average Condo Listing Price: $418,116 ($376k, $465k, $499k, $510k) *$530k Average Condo Selling Price: $410,733 ($376%. $455k, $492k, $495k) *$513k Condo Sale to List Ratio This Week: 98% (100%, 98%, 99%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $437,500 ($441k, $445k, $445k, $438k) *$440k Average Days on Market Condos 41 (38, 38, 51, 38) *37 Active Vacant Lots: 451 (448, 455, 441, 430) *440 Market Rant The Halifax real estate market found another gear this week, with sales rebounding nicely after a quieter stretch. New listings also climbed, continuing the trend of increased inventory throughout the summer, while buyers remained active enough to keep the overall market moving at a healthy clip. Although inventory reached another yearly high, it hasn't translated into a sluggish market. Homes continue to sell close to their asking price, and the overall absorption rate remains relatively stable. The combination of more listings and consistent buyer activity suggests the market is finding a comfortable equilibrium, where neither buyers nor sellers hold a significant advantage. The single-family home market continues to be the backbone of local real estate activity. More detached homes are available than we've seen in quite some time, yet pricing has remained remarkably consistent. The average sale price settled back in line with recent trends after last week's spike, reinforcing that the previous jump was likely influenced by the types of homes that sold rather than a sudden shift in values. Well-priced homes continue to attract solid interest and are changing hands with very little negotiation. Condominiums also posted a steady week. Average prices recovered from last week's unusually low averages, while median values remained virtually unchanged, highlighting the stability of the segment. Buyers continue to see condos as an attractive option, particularly as affordability remains a key consideration for many entering the market. Overall, this week's numbers reinforce a trend we've been watching for several months: inventory continues to build, but demand has kept pace well enough to maintain pricing stability. It is a healthier, more balanced market than we've experienced in recent years and one that rewards informed decision-making on both sides of the transaction. Timing the market is harder than people think. One question I hear all the time is, "Should I wait until the market changes?" The truth is, most people don't recognize a market shift until months after it has already happened. By the time headlines are announcing that prices are rising or falling, buyers and sellers have usually been reacting to those conditions for quite some time. Trying to perfectly time the market is a bit like trying to buy stocks at the absolute bottom and sell at the absolute top. It sounds great in theory, but very few people consistently get it right. Instead, the better question is: Does buying or selling make sense for my life right now? If you're purchasing a home you'll enjoy for years, short-term fluctuations become much less important. Likewise, if you're selling and buying in the same market, changes in prices often affect both sides of your move. Markets will always rise, cool, and adjust over time. The key isn't predicting every twist and turn—it's making informed decisions based on your own goals while understanding the current market conditions. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 242 (305, 331, 272, 323) *257 Sold: 124 (175, 171, 142, 179) *158 Sale To Listing Ratio: 51% (57%, 52%, 52%, 55%) *62% Price Changes: 155 (232, 192, 195, 188) *151 Conditional Sale: 173 (172, 214, 201, 179) *158 Expired/Cancelled/Withdrawn: 145 (68, 41, 59, 107) *138 Total Active Halifax/Dartmouth Inventory: 2,174 (2,235, 2,198, 2,119, 2,145) *1,918 Absorption Rate: *14 (13, 14, 14, 14) *11 Single Family Home Stats Active Single Family Home: 1,142 (1,176, 1,168, 1,119, 1,137) *1,000 Average Single Family Home List Price: $685,479 ($651k, $637k, $628k, $625k) *$631k Average Single Family Home Selling Price: $665,795 ($644k, $623k, $624k, $621k) *$632k Single Family Home Sale to List Ratio This Week: 97% (99%, 98%, 99%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 31 (30, 37, 19, 30) *27 Condo Stats Active Condos: 271 (277, 275, 272, 270) *197 Average Condo Listing Price: $375,656 ($465k, $499k, $510k, $523k) *$530k Average Condo Selling Price: $376,260 ($455k, $492k, $495k, $509k) *$513k Condo Sale to List Ratio This Week: 101% (98%, 99%, 97%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $441,250 ($445k, $445k, $438k, $437k) *$440k Average Days on Market Condos 38 (38, 51, 38, 41) *37 Active Vacant Lots: 448 (455, 441, 430, 431) *440 Market Rant The Halifax real estate market shifted into a slightly quieter gear this week, which isn't unusual as we move through the latter part of the summer. Fewer new listings came to market compared to recent weeks, and overall sales activity eased as well. Even with the slower pace, inventory remains elevated, giving buyers one of the widest selections they've had in several years. An encouraging sign was the continued strength in conditional sales. While fewer transactions officially closed this week, buyers are still writing offers and moving through the purchase process, suggesting that demand remains present beneath the surface. Many purchasers appear to be taking a more measured approach, carefully evaluating their options before committing. The single-family home market remained resilient. Average prices climbed this week, reflecting continued strength in higher-priced sales, while homes continued to sell close to their asking price. Marketing times remained relatively consistent, reinforcing the idea that desirable, well-priced properties are still attracting attention despite increased competition from other listings. The condo market told a slightly different story. Average sale prices were pulled lower this week, likely influenced by the mix of units that sold rather than an overall decline in condo values. In fact, condos achieved sale prices at or above asking on average, highlighting that well-priced units continue to generate strong buyer interest. With median pricing remaining steady over the longer term, this week's averages appear to reflect market composition more than a change in direction. Overall, the market continues to settle into a balanced environment. Buyers have the luxury of choice, sellers still have opportunities to achieve strong results, and success increasingly depends on thoughtful pricing, effective marketing, and understanding current market conditions rather than relying on past trends. Don't let averages tell the whole story. Every week, I see people react to average sale prices as if they tell the complete story of the market. The reality is that averages can swing dramatically from one week to the next simply because of *what* happened to sell. If several luxury homes close in one week, the average jumps. If more starter homes or smaller condos sell the following week, the average falls. That doesn't necessarily mean property values have increased or decreased overnight—it often just reflects the mix of homes changing from week to week. That's why I always encourage people to look beyond a single headline number. Median prices, sale-to-list ratios, inventory levels, days on market, and overall buyer activity often paint a much clearer picture than averages alone. Real estate isn't measured by one statistic. It's the combination of many indicators that tells us where the market is heading. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable" http://www.goodbonesdogrescue.com/available-dogs22.html This "cuddly companion" is available through Good Bones Dog Rescue, 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 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. Latest Blog post HEREThe Weekly "Adogtable" (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 305 (331, 272, 323, 306) *265 Sold: 175 (171, 142, 179, 151) *159 Sale To Listing Ratio: 57% (52%, 52%, 55%, 49%) *60% Price Changes: 232 (192, 195, 188, 169) *154 Conditional Sale: 172 (214, 201, 179, 178) *178 Expired/Cancelled/Withdrawn: 68 (41, 59, 107, 40) *63 Total Active Halifax/Dartmouth Inventory: 2,235 (2,198, 2,119, 2,145, 2,125) *1,962 Absorption Rate: *13 (14, 14, 14, 15) *12 Single Family Home Stats Active Single Family Home: 1,176 (1,168, 1,119, 1,137, 1,117) *1,017 Average Single Family Home List Price: $651,430 ($637k, $628k, $625k, $620k) *$661k Average Single Family Home Selling Price: $644,096 ($623k, $624k, $621k, $613k) *$655k Single Family Home Sale to List Ratio This Week: 99% (98%, 99%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $587k)*$598k Average Days on Market Single Family Home: 30 (37, 19, 30, 25) *25 Condo Stats Active Condos: 277 (275, 272, 270, 268) *196 Average Condo Listing Price: $464,678 ($499k, $510k, $523k, $485k) *$507k Average Condo Selling Price: $455,359 ($492k, $495k, $509k, $463k) *$508k Condo Sale to List Ratio This Week: 98% (99%, 97%, 97%, 96%) *100% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $449k) *$450k Median Condo Sold Price (6 mo): $445,000 ($445k, $438k, $437k, $436k) *$440k Average Days on Market Condos 38 (51, 38, 41, 55) *30 Active Vacant Lots: 455 (441, 430, 431, 427) *457 Market Rant The real estate market across Halifax continued its summer trend of strong activity paired with growing inventory. New listings remained elevated, helping push the number of available properties to another new high for the year. Buyers now have more choice than they've had in quite some time, yet the market continues to demonstrate impressive resilience. Sales activity improved slightly from the previous week, and homes continued to trade at very strong sale-to-list ratios. While inventory levels have expanded significantly compared to last year, buyers are clearly still stepping forward when they find properties that meet their needs and represent good value. The single-family home segment remained particularly stable. Average prices moved higher this week, homes sold very close to asking price, and days on market remained relatively low considering the amount of available inventory. The detached housing market continues to show that demand remains healthy, especially for well-maintained homes in desirable neighbourhoods. The condo market saw a slight softening in average prices this week, but the overall picture remains positive. Median prices continue to hold steady, properties are selling within a reasonable timeframe, and the segment remains an important option for buyers seeking affordability relative to the detached market. One of the most notable trends continues to be the relationship between supply and demand. Inventory has been climbing steadily for months, yet absorption rates remain relatively healthy. That combination is helping create a more balanced marketplace—one where buyers have options, but sellers who price and market their homes effectively can still achieve excellent results. This week's topic: the danger of watching headlines instead of the market. Every week I speak with buyers and sellers who are trying to interpret what the market is doing based on a single headline, a social media post, or a national news story. The problem is that real estate is intensely local. A headline about declining sales in another province doesn't necessarily tell us what's happening in Halifax. A story about rising inventory across Canada doesn't explain whether homes in your neighbourhood are selling quickly or sitting on the market. The reality is that our local market is rarely as dramatic as the headlines suggest. Most of the time, it's a story of gradual shifts rather than sudden changes. Inventory builds slowly. Buyer confidence improves or weakens over time. Pricing trends develop over months, not days. That's why understanding the local data matters so much. The buyers and sellers who make the best decisions are usually the ones focused on what's happening in their neighbourhood, their price range, and their property type—not what a headline from across the country is predicting. Real estate isn't a national market. It's thousands of local markets happening at the same time. Looking Ahead As we move further into the summer season, it will be interesting to see whether inventory continues its upward climb or begins to level off. For now, the market remains active, balanced, and full of opportunity for both buyers and sellers who approach it with realistic expectations and a solid game plan. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 331 (272, 323, 306, 292) *316 Sold: 171 (142, 179, 151, 135) *171 Sale To Listing Ratio: 52% (52%, 55%, 49%, 46%) *54% Price Changes: 192 (195, 188, 169, 173) *151 Conditional Sale: 214 (201, 179, 178, 177) *203 Expired/Cancelled/Withdrawn: 41 (59, 107, 40, 45) *44 Total Active Halifax/Dartmouth Inventory: 2,198 (2,119, 2,145, 2,125, 2,081) *1,971 Absorption Rate: *14 (14, 14, 15, 16) *12 Single Family Home Stats Active Single Family Home: 1,168 (1,119, 1,137, 1,117, 1,099) *1,020 Average Single Family Home List Price: $636,456 ($628k, $625k, $620k, $693k) *$658k Average Single Family Home Selling Price: $622,958 ($624k, $621k, $613k, $688k) *$635k Single Family Home Sale to List Ratio This Week: 98% (99%, 99%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$599,700 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $587k, $587k)*$596k Average Days on Market Single Family Home: 37 (19, 30, 25, 33) *20 Condo Stats Active Condos: 275 (272, 270, 268, 260) *186 Average Condo Listing Price: $498,500 ($510k, $523k, $485k, $430k) *$490k Average Condo Selling Price: $492,061 ($495k, $509k, $463k, $422k) *$488k Condo Sale to List Ratio This Week: 99% (97%, 97%, 96%, 98%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $449k, $447k) *$450k Median Condo Sold Price (6 mo): $445,000 ($438k, $437k, $436k, $431k) *$443k Average Days on Market Condos 51 (38, 41, 55, 26) *25 Active Vacant Lots: 441 (430, 431, 427, 408) *471 Market Rant The summer market across Halifax continued to show plenty of activity this week, with a noticeable surge in new listings helping push inventory to another new high for the year. Sellers remain eager to bring properties to market, while buyers continue to take advantage of the increased selection available across nearly every property type. Sales activity rebounded this week, matching levels seen during the same period last year and providing further evidence that demand remains healthy despite the growing inventory. Conditional sales also reached one of the strongest levels we've seen in recent weeks, suggesting many buyers are finding opportunities and moving forward with confidence. The single-family home market remained steady overall. Inventory continued to build, giving buyers more options to choose from, while prices remained relatively consistent. Homes are still selling close to asking price, although buyers appear willing to take a little more time evaluating properties before making a decision. This is creating a market where preparation, presentation, and pricing are becoming increasingly important for sellers. Condominiums continued to perform well, with prices holding firm and sale-to-list ratios remaining strong. While condos spent a bit longer on the market compared to last year, the segment continues to benefit from buyers seeking a more attainable entry point into homeownership. The broader story remains largely unchanged: inventory is growing, buyer activity remains healthy, and the market is gradually settling into a more balanced environment. While conditions are no longer as competitive as they were during the height of the pandemic market, properly priced homes continue to attract attention and successful sales. One of the most interesting developments this year has been the return of choice. For years, many buyers felt like they were shopping in a store with half-empty shelves. If something came available, you had to act quickly because there was a good chance it would be gone tomorrow. Today, the experience is very different. Buyers can compare properties, revisit homes, think through decisions, and negotiate when appropriate. That doesn't mean buyers have all the leverage—far from it—but it does mean the market is functioning more like a traditional real estate market. For sellers, this shift requires a different mindset. Success is no longer simply about being available when demand is high. It's about creating value, presenting a property well, and understanding where it fits within a growing pool of competing listings. In many ways, the return of choice is good news for everyone. Buyers can make more informed decisions, and sellers who prepare properly can still achieve excellent results. That's what a healthy market is supposed to look like. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 272 (323, 306, 292, 318) *324 Sold: 142 (179, 151, 135, 172) *186 Sale To Listing Ratio: 52% (55%, 49%, 46%, 54%) *57% Price Changes: 195 (188, 169, 173, 183) *164 Conditional Sale: 201 (179, 178, 177, 188) *190 Expired/Cancelled/Withdrawn: 59 (107, 40, 45, 48) *56 Total Active Halifax/Dartmouth Inventory: 2,119 (2,145, 2,125, 2,081, 2,036) *1,932 Absorption Rate: *14 (14, 15, 16, 15) *12 Single Family Home Stats Active Single Family Home: 1,119 (1,137, 1,117, 1,099, 1,067) *982 Average Single Family Home List Price: $628,259 ($625k, $620k, $693k, $635k) *$634k Average Single Family Home Selling Price: $623,612 ($621k, $613k, $688k, $628k) *$635k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99%, 99%) *101% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $595k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $587k, $587k, $585k)*$595k Average Days on Market Single Family Home: 19 (30, 25, 33, 33) *29 Condo Stats Active Condos: 272 (270, 268, 260, 255) *187 Average Condo Listing Price: $509,900 ($523k, $485k, $430k, $471k) *$473k Average Condo Selling Price: $495,000 ($509k, $463k, $422k, $458k) *$466k Condo Sale to List Ratio This Week: 97% (97%, 96%, 98%, 97%) *98% Median Condo List Price (6 mo): $449,700 ($450k, $449k, $447k, $445k) *$449k Median Condo Sold Price (6 mo): $437,500 ($437k, $436k, $431k, $430k) *$438k Average Days on Market Condos 38 (41, 55, 26, 45) *64 Active Vacant Lots: 430 (431, 427, 408, 408) *474 Market Rant The market across Halifax showed another week of healthy activity, with buyers and sellers continuing to engage despite the growing inventory landscape. While the number of new listings eased slightly from the previous week, there remains a substantial selection of properties available, offering buyers plenty of opportunities across a variety of price points and property types. One encouraging sign this week was the increase in conditional sales, suggesting that many buyers who have been watching from the sidelines are continuing to make moves. Although completed sales softened compared to the previous week, pending activity points to a market that remains active and engaged heading into the heart of the summer season. The single-family home segment continues to demonstrate remarkable stability. Homes are selling close to asking price, median values remain firm, and properties moved notably faster this week than they have in recent months. This combination suggests that well-priced homes are still attracting strong attention despite the increased competition among sellers. The condominium market also remained steady. Inventory has continued to build, giving buyers more choice, while pricing has remained relatively consistent. Condos are still proving to be an attractive option for first-time buyers, downsizers, and investors looking for alternatives to the detached housing market. Overall, the market feels increasingly balanced. Buyers have more options than they've had in years, yet demand remains strong enough to support steady pricing and healthy transaction levels. It's a far different environment from the frenzied conditions of the past, but one that offers opportunities for both buyers and sellers who approach the market with the right strategy. There's a common misconception that more inventory automatically means a weak market. In reality, a growing inventory can be one of the healthiest signs for a real estate market. For several years, buyers were forced to make decisions quickly, often with limited selection and significant competition. Today, buyers can compare properties, visit multiple homes, and make decisions with a little more confidence. That's not a sign of weakness—it's a sign of a market returning to normal. The challenge is that some market headlines focus exclusively on inventory growth without considering the bigger picture. Inventory can rise while prices remain stable. Inventory can rise while homes continue to sell quickly. Inventory can rise while demand remains healthy. What matters is the relationship between supply and demand, and right now both sides of the equation remain active. More choice doesn't necessarily mean less value—it simply means a healthier marketplace where buyers and sellers can make better-informed decisions. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 323 (306, 292, 318, 218) *287 Sold: 179 (151, 135, 172, 98) *157 Sale To Listing Ratio: 55% (49%, 46%, 54%, 45%) *55% Price Changes: 188 (169, 173, 183, 105) *145 Conditional Sale: 179 (178, 177, 188, 124) *180 Expired/Cancelled/Withdrawn: 107 (40, 45, 48, 59) *100 Total Active Halifax/Dartmouth Inventory: 2,145 (2,125, 2,081, 2,036, 1,983) *1,873 Absorption Rate: *14 (15, 16, 15, 16) *12 Single Family Home Stats Active Single Family Home: 1,137 (1,117, 1,099, 1,067, 1,031) *939 Average Single Family Home List Price: $624,900 ($620k, $693k, $635k, $642k) *$641k Average Single Family Home Selling Price: $620,842 ($613k, $688k, $628k, $636k) *$643k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99% 99%) *101% Median Single Family Home List Price (6 mo):$599,000 ($600k, $600k, $595k, $590k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($587k, $587k, $585k, $583k)*$592k Average Days on Market Single Family Home: 30 (25, 33, 33, 34) *31 Condo Stats Active Condos: 270 (268, 260, 255, 245) *178 Average Condo Listing Price: $522,711 ($485k, $430k, $471k, $530k) *$495k Average Condo Selling Price: $509,047 ($463k, $422k, $458k, $516k) *$478k Condo Sale to List Ratio This Week: 97% (96%, 98%, 97%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($449k, $447k, $445k, $450k) *$450k Median Condo Sold Price (6 mo): $437,250 ($436k, $431k, $430k, $436k) *$440k Average Days on Market Condos 41 (55, 26, 45, 52) *66 Active Vacant Lots: 431 (427, 408, 408, 401) *468 Market Rant The market across Halifax continued to show signs of a healthy and active spring season this week. New listings remained strong, bringing even more choice to the market and pushing overall inventory to its highest level in quite some time. For buyers, that means more opportunities and less pressure to make rushed decisions. For sellers, it means standing out has never been more important. Despite the growing supply of homes, buyer activity remained impressive. Sales increased from the previous week and conditional sales stayed steady, indicating that many buyers are still actively shopping and making decisions when the right property comes along. The market may be offering more selection, but demand hasn't disappeared—it has simply become more selective. The single-family home segment remained remarkably stable. Prices held steady, homes continued to sell very close to asking price, and properties were changing hands in a reasonable timeframe. This consistency has been one of the defining characteristics of the market so far this year, even as inventory continues to grow. The condo market posted a particularly strong week, with both listing and selling prices moving higher. At the same time, condos sold more quickly than they did a year ago, suggesting buyers remain attracted to the lifestyle and affordability benefits that condominium ownership can provide. A trend that's becoming harder to ignore is the number of price adjustments taking place across the market. Price changes have remained elevated for weeks, and that's often a sign that some sellers are still chasing yesterday's market rather than responding to today's reality. The challenge is that buyers have options now. Lots of them. When inventory was tight, an ambitious asking price could sometimes be forgiven because there were few alternatives available. Today, buyers can compare dozens of similar properties before deciding where to spend their money. If a home is priced too aggressively, buyers simply move on to the next listing. The homes generating the most activity are rarely the cheapest—they're the ones that represent the best value. Sellers who understand that distinction are often the ones securing showings, offers, and successful sales while others are left wondering why traffic has slowed. In a market with growing inventory, pricing isn't just a number—it's a marketing strategy. Stay tuned to the blog to stay on top of the changing market, and 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 him 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. Latest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fifteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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