Weekly Residential Market Statistic Update For Week of Jan 5th to Jan 12th 2012
New Listings: 375 (83, 263, 303,283) Sold: 68 (30, 124, 122, 161) Sale to List Ratio: 18% (36%, 47%, 40%, 57%) Expired/Cancelled/Withdrawn: 450 (86, 146, 148, 251) Active Single Family Home: 2070 (2186, 2326, 2399, 2483) Average Single Family Home List Price: $295,225 ($264,000, $269,278, $245,645, $281,035) Average Single Family Home Selling Price: $283,133 ($256,488, $262,120, $240,341, $274,561) Average Days on Market - Single Family Home: 119 (144, 96, 89, 131) Active Condos: 242 (250, 263, 269, 284) Average Condo Listing Price: $247,549 ($184,600, $251,280, $238,993, $229,413) Average Condo Selling Price: $236,535 ($174,333, $240,943, $232,500, $222,861) Average Days on Market Condos: 172 (78, 149, 140, 125) HAPPY NEW YEAR!!! The year starts off with new listings BANG! New listings are abnormally high this week with an even more abnormal spike in expired/cancelled/withdrawn listings. Even with this activity the residential inventory decreased almost below the 2k mark. Hope everyone had a good new years celebration! Feel free to leave a public question or comment below or contact me for any personal inquiries. Follow me on Twitter to keep informed with all things Halifax Real Estate. Remember #REALESTATESTARTSHERE Newest blog post HERE
Jeremiah Wallace
6/14/2012 02:08:14 am
Thank you for the encouraging comment! it's always nice to hear that someone else finds this information interesting. Comments are closed.
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Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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