Halifax (HRM) Real Estate Market Stats Update (Every Thursday)

Weekly Residential Market Statistic Update For Week of Dec 8th to Dec 15th

New Listings:  263 (303,283, 303, 372)
Sold:  124 (122, 161, 129, 133)
Sale to List Ratio: 47% (40%, 57%, 43%, 36%)
Expired/Cancelled/Withdrawn:  146 (148, 251, 107, 129)
Active Single Family Home: 2326 (2399, 2483, 2720, 2763)
Average Single Family Home List Price:  $269,278 ($245,645, $281,035, $268,118, $270,444)
Average Single Family Home Selling Price:   $262,120 ($240,341, $274,561, $260,602, $261,455)
Average Days on  Market - Single Family Home: 96 (89, 131, 102, 79)
Active Condos:  263 (269, 284, 306, 318)
Average Condo Listing Price:  $251,280 ($238,993, $229,413, $252,217, $275,147)
Average Condo Selling Price: $240,943 ($232,500, $222,861, $241,894, $267,630)
Average Days on Market Condos:  149 (140, 125, 172, 187)

The sales to list ratio climbs seven points this week to push the point home that we are still in a very active market. Sales remain high for this time of year despite the approaching Christmas holiday. It will be very interesting to see the December stats compaired to the years prior to see if we have another record breaking month like November.

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