Halifax Weekly Real Estate Market Stats Update (Every Thursday)

Weekly Residential Market Statistic Update For Week of Dec 1st to Dec 8th

New Listings:  303 (283, 303, 372, 410)
Sold:  122 (161, 129, 133, 158)
Sale to List Ratio:   40% (57%, 43%, 36%, 39%)
Expired/Cancelled/Withdrawn:  148 (251, 107, 129, 321)
Active Single Family Home: 2399 (2483, 2720, 2763, 2785)
Average Single Family Home List Price:  $245,645 ($281,035, $268,118, $270,444, $273,360)
Average Single Family Home Selling Price:   $240,341 ($274,561, $260,602, $261,455, $262,920)
Average Days on  Market - Single Family Home: 89 (131, 102, 79, 79)
Active Condos:  269 (284, 306, 318, 332)
Average Condo Listing Price:  $238,993 ($229,413, $252,217, $275,147, $248,372)
Average Condo Selling Price: $232,500 ($222,861, $241,894, $267,630, $240,996)
Average Days on Market Condos:  140 (125, 172, 187, 96)

As the holidays approach, market activity should taper off to a minimum. As you can see by the stats this week the market remains quite active despite the time of year. Not a record breaker by any means, but this weeks activity is more like the weather...warmer than usual with no signs of getting colder. Even with the abundance of new listings this week, the sold inventory was still able to keep the sales to list ratio fairly high. Make sure to check back this week as I will be releasing the monthly multi-residential report. 

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