Halifax Real Estate Market News and Statistics Update

Halifax (HRM) Residential Market Statistic Update For Week of Sept 13th to Sept 20th 2012
(Previous weeks numbers in brackets)

New Listings:  423 (429, 378, 388, 425)
Sold:  121 (143, 119, 146, 130)
Sale to List Ratio: 29% (33%, 31%, 38%, 31%)
Expired/Cancelled/Withdrawn:  114 (95, 258, 81, 101)
Active Single Family Home: 3030 (3010, 2988, 3033, 3013)
Average Single Family Home List Price:  $281,482 ($289,334, $254,729, $301,968, $307,707)
Average Single Family Home Selling Price:  $274,346 ($282,428, $246,532, $291,807, $299,275)
Average Days on  Market Single Family Home: 88 (81, 77, 81, 96)
Active Condos:  293 (285, 270, 277, 275)
Average Condo Listing Price:  $225,261  ($227,835, $247,715, $276,345, $280,973)
Average Condo Selling Price: $216,050 ($222,832, $243,548, $274,776, $273,296)
Average Days on Market Condos:  75 (141, 153, 309, 126)
*Halifax/Dartmouth Absorption Rate (weeks):  37.2 (36.4, 36.3, 37, 38.8)

Not really any improvement  this week on the market. Nothing of note to really discuss so I am taking the opportunity this week to poll my readers! Please see below if you would like to participate with the results helping me improve the blog. Thanks in advance!

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 property appraisal or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to leave a public comment or question below. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook :)


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