Halifax (HRM) Residential Market Statistic Update For Week of Oct 18th to Oct 25th 2012
(Previous weeks numbers in brackets)
*Last year this week
New Listings: 348 (402, 347, 441, 415) *397
Sold: 127 (118, 101, 120, 125) *126
Sale to List Ratio: 36% (29%, 27%, 30%, 29%) *32%
Expired/Cancelled/Withdrawn: 105 (141, 112, 302, 85) *149
Active Single Family Home: 2958 (2997, 2970, 2965, 3052) *2986
Average Single Family Home List Price: $298,397 ($288,976, $257,651, $279,834, $273,284) *285k
Average Single Family Home Selling Price: $290,206 ($281,020, $250,370, $271,930, $268,200) *275k
Average Days on Market Single Family Home: 83 (87, 71, 80, 101) *100
Active Condos: 313 (312, 300, 309, 303) *339
Average Condo Listing Price: $277,318 ($254,121, $237,733, $259,766, $294,280) *194k
Average Condo Selling Price: $269,990 ($249,400, $241,346, $254,988, $284,650) *190k
Average Days on Market Condos: 207 (92, 66, 304, 63) *56
*Halifax/Dartmouth Absorption Rate (weeks): 41.3 (41.9, 41.3, 38, 39.2)
Going to take this weeks entry to do a shameless plug on an event that I am taking part in this weekend! Please join me this Saturday October 27th at Shubie Park in Darmouth for the first annual "howl-o-ween extravaganza" in support of local animal shelters. So come out with the kids (human,furry or both) and stop by my booth for treats, face painting and a chance to win $1,000!! Details of the event can be found HERE.
Howl O’Ween around the Shubie Canal!The Goblins, Ghouls, Pets n’ Drools committee will be hosting the event! Which is scheduled for Sat. Oct. 27th from 11 to 3 with a rain date of Sun. Oct. 28th.
This event will include suppliers, vendors, displays & demos along with other rescue organisations set up around the canal. This is being done as a family/dog event with trick or treating for the both animals and kids.
Some activities planned for the animals will include bobbing for weiners, costume contest (dogs and ppl) with different catorgies, speed trap for dogs (radar used to get their speed & ticket issued with the info), photographers for pictures.
For the families we will be having a BBQ with hotdogs and hamburgers, face painting and music. As well we have requested a Fire Truck for display and that will depend on their schedule and availability.
We will be placing/assigning locations around the canal for each attendee to set up their display and supplying the tables as well. The rescues have been encouraged to bring a couple of their adoptables with them as well.
Treats for the dogs and kids will be supplied however with this event there will be NO chocolate allowed.
In order to Trick or Treat each person will need to make a donation at the beginning and in return will receive a specially marked bag, this bag will identify the ppl that are entitled to receive a treat for their dog and/or child.
Hope to see you there!
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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Jeremiah Wallace, CD
Jeremiah 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..
Photo's by Jeremiah