(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 241 (178, 182, 223, 229) *313
Sold:  163  (154, 164, 186, 195) *225
Sale To Listing Ratio: 87% (87%, 90%, 83%, 85%) *72%
Price Changes: 39 (45, 43, 56, 55) *86
Listings that went conditional/pending: 215 (192, 196, 223, 201)  *283
Expired/Cancelled/Withdrawn: 42 (50, 60, 48, 41) *59
Total Active Halifax/Dartmouth Inventory:  983 (1,003, 1,035, 1,099, 1,115) +1,632
Absorption Rate in weeks:  5 (6, 6, 6, 6) *7

Single Family Home Stats
Active Single Family Home: 347 (355, 401, 424, 433) *798
Average Single Family Home List Price:  $454,809 ($408k,$484k,$424k,$531k) *$427k
Average Single Family Home Selling Price:  $491,252 ($437k,$514k,$459k,$548k) *$431k
Single Family Home Sale to List Ratio This Week: 108%  (107%,106%,108%,103%) *102%
Median Single Family Home List Price (6 mo): $380,000 ($380k,$380k,$380k,$380k) $340k
​Median Single Family Home Sold Price (6 mo):$435,000 ($432k,$430k,$430k,$434k)*$350k
Average Days on Market Single Family Home: 18 (34, 15, 19, 22) *28

Condo Stats
Active Condos:  68 (73, 67, 71, 78) *162
Average Condo Listing Price:  $411,926 ($400k, $380k, $342k, $377k*$341k
Average Condo Selling Price: $434,805 ($422k, $394k, $370k, $391k) *$332k
Condo Sale to List Ratio This Week: 105% (105%, 104%, 108%, 104%)  *97%
Median Condo List Price (6 mo): $319,900 ($319k, $319k, $320k, $320k) *$269k
Median Condo Sold Price (6 mo): $340,100 ($340k, $340k, $341k, $344k) *$269k
Average Days on Market Condos: 10 (55, 24, 9, 28) *60

Active Vacant Lots: 430 (439, 438, 474, 470) *525

Market Rant
It was bound to happen, and we have been headed to the basement for a couple years, but this week marks a new low in the already decimated inventory levels. A mere 983 products are currently listed active for sale at the moment, and that's in all categories/prices/areas etc. Rewind a few short years to 2019 where there was almost 3k available at this time, almost 4k in 2018, and take it back to 2015 where there was 5,668 properties for sale this week! We have come a very long way in such a short time. The gap was starting to close between last years inventory and this years, but October seems to have its own plans in this department, with renewed buyer interest looking to capitalize on the supposedly sleepy time of year. Could be a final push to get into something before the holiday season and the snow hits the ground, or it could just be a few products hitting the market have drawn buyers back to it. The newly dubbed "micro" sellers market as I named it a few weeks back carries on, and gains momentum, this is due to fewer products being available. Where more listings started to flow to market a few weeks ago, buyers attention was divided amongst the selection. Now, with the extremely lacking selection, buyers are laser focussed on the very few options as the trickle to market each week, keeping the extreme sellers market foothold in place. Going to be one for the record books, so stay tuned to the blog to see what the final tally will be for 2021! Thanks for stopping by, and stay safe out there! 

Taz is a busy puppy that is learning all the rules of the world as he experiences socialization with a great group of dogs in his foster home. Taz walks decent on a leash, is almost fully house trained, and knows most basic commands. Taz does have separation anxiety, and resource guards some things, so this will need to be worked on. Taz loves people, but would be recommended in a home with older children due to his resource guarding. Taz has never been around cats.

​This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 178 (182, 223, 229, 186) *295
Sold:  154  (164, 186, 195, 146) *238
Sale To Listing Ratio: 87% (90%, 83%, 85%, 79%) *81%
Price Changes: 45 (43, 56, 55, 56) *117
Listings that went conditional/pending: 192 (196, 223, 201, 184)  *228
Expired/Cancelled/Withdrawn: 50 (60, 48, 41, 48) *92
Total Active Halifax/Dartmouth Inventory:  1,003 (1,035, 1,099, 1,115, 1,116) +1,683
Absorption Rate in weeks:  6 (6, 6, 6, 5) *7

Single Family Home Stats
Active Single Family Home: 355 (401, 424, 433, 434) *807
Average Single Family Home List Price:  $408,147 ($484k,$424k,$531k,$447k) *$387k
Average Single Family Home Selling Price:  $436,658 ($514k,$459k,$548k,$472k) *$396k
Single Family Home Sale to List Ratio This Week: 107%  (106%,108%,103%,106%) *102%
Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k) $340k
​Median Single Family Home Sold Price (6 mo):$431,667 ($430k,$430k,$434k,$434k)*$345k
Average Days on Market Single Family Home: 34 (15, 19, 22, 16) *29

Condo Stats
Active Condos:  73 (67, 71, 78, 84) *159
Average Condo Listing Price:  $400,437 ($380k, $342k, $377k, $352k) *$283k
Average Condo Selling Price: $421,856 ($394k, $370k, $391k, $357k) *$284k
Condo Sale to List Ratio This Week: 105% (104%, 108%, 104%, 101%)  *101%
Median Condo List Price (6 mo): $318,800 ($319k, $320k, $320k, $320k) *$260k
Median Condo Sold Price (6 mo): $339,900 ($340k, $341k, $344k, $344k) *$260k
Average Days on Market Condos: 55 (24, 9, 28, 8) *13

Active Vacant Lots: 439 (438, 474, 470, 471) *562

Market Rant
Fairly average week on the market, with very few changes to the overall environment. Total inventory slid again this week, narrowing the the gap from last year to this year yet again. You could go out on a limb and say that annual trend has finally corrected itself and is influencing the weekly report, and I would agree. There's no question that things are slowing down, but underneath the surface of the calming waters remains a swirling churn of activity for many areas of HRM. I have talked about the lessoning number of offers being sent on some listings, and also to the dollar amount over asking starting to shrink, and this continues to happen more frequently as the year starts to conclude. Showings are starting to slow, and some listings that have priced to current overbid market are receiving cold shoulders from the current buyer group. As we press on into the Fall, there does seem to be a bump in activity, so it will be interesting to see how these stats shape up to the Summer months, and which will have the winning report. If I could guess, I would say Fall is performing better. Once September hit there was a wake up in the market, which again, falls in line with annual trend but it could be temporary. It would be good news to see the market starting to flow in its usual way, I think many that have experienced the market, or currently looking forward to seeing a return to normalcy. A return to gauging a realistic expectation, instead of boldly guessing property value. For some Nova Scotian's, it seems big city real estate market tactics have worn out their lustre, as affordability and availability push many locals out of the current market options. Will we continue to settle back into our old ways, or will a new market emerge with new trends? Stay tuned to the blog to find out! Thanks for stopping by, and stay safe out there! 

Hi everyone! My name is Chandler and I am a 4 year old, border collie mix boy weighing around 45lbs. I came from Texas several months ago, I thought I had found my forever home but turns out I wasn't quite home yet. 

I'm a little shy and it takes me a little more time to trust people, but once I warm up I love a good scratch, especially on my ears or under my chin, and I also love a good cuddle, particularly first thing in the morning! 

I enjoy the company of other dogs, but prefer to watch rather than play. I'm unsure of kids, I tend to scare easily, so I would do best in a kid-free home. As far as cats go, I haven't been around any, so I'm not sure about them yet. 

I walk really well on my leash, but it's really important that I'm always on a double leash because I am able to back out of my harness when I get scared. I can sit and come when called, but I will need some patience and training when it comes to body handling and confidence building; I tend to get nervous if I feel trapped or cornered and when walking through doorways. 

I'm not a big fan of toys right now, but I may learn to enjoy them over time. Car rides on the other hand, I'm definitely a fan of those! I'll just curl up and have a nap on route to our next big adventure together! 

At home, if there is someone around, I like to follow them around the house. If I'm alone I won't be destructive but I think I'd like someone home more than not. I am happy to say I am housetrained as well! 

I know I have a few things to work on, but I promise that your patience will be rewarded! So, if you're looking for a sweet and smart pup to join your family, I'm ready to go to my forever home with you! 

Do you think we'd be a good match? 

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264

​This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE



​LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 182 (223, 229, 186, 227) *295
Sold:  164  (186, 195, 146, 183) *238
Sale To Listing Ratio: 90% (83%, 85%, 79%, 80%) *81%
Price Changes: 43 (56, 55, 56, 61) *117
Listings that went conditional/pending: 196 (223, 201, 184, 216)  *228
Expired/Cancelled/Withdrawn: 60 (48, 41, 48, 49) *92
Total Active Halifax/Dartmouth Inventory:  1,035 (1,099, 1,115, 1,116, 1,188) +1,683
Absorption Rate in weeks:  6 (6, 6, 5, 7) *7

Single Family Home Stats
Active Single Family Home: 401 (424, 433, 434, 482) *807
Average Single Family Home List Price:  $483,598 ($424k,$531k,$447k,$429k) *$387k
Average Single Family Home Selling Price:  $514,103 ($459k,$548k,$472k,$469k) *$396k
Single Family Home Sale to List Ratio This Week: 106%  (108%,103%,106%,109%) *102%
Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k) $340k
​Median Single Family Home Sold Price (6 mo):$430,000 ($430k,$434k,$434k,$436k)*$345k
Average Days on Market Single Family Home: 15 (19, 22, 16, 12) *29

Condo Stats
Active Condos:  67 (71, 78, 84, 97) *159
Average Condo Listing Price:  $379,834 ($342k, $377k, $352k, $338k) *$283k
Average Condo Selling Price: $394,179 ($370k, $391k, $357k, $353k) *$284k
Condo Sale to List Ratio This Week: 104% (108%, 104%, 101%, 104%)  *101%
Median Condo List Price (6 mo): $319,000 ($320k, $320k, $320k, $319k) *$260k
Median Condo Sold Price (6 mo): $340,000 ($341k, $344k, $344k, $345k) *$260k
Average Days on Market Condos: 24 (9, 28, 8, 13) *13

Active Vacant Lots: 438 (474, 470, 471, 472) *562

Market Rant
Inventory continues its slide into the red as we approach what is usually a slow time of the market, but the gap from last year to this one continues to narrow as well, so the question is when we will hit a balance. Seems that we find ourselves in a micro sellers market. What I mean by that is because this time of year is usually less active, there isn't a lot of selection, but then again buyers tend to be be less active around now as well. Because the selection is so low, the smaller group of buyers find themselves in a highly completive market still, in most areas of HRM. Now I say micro because of the extremely low amount of products available, so listings are still being given the royal treatment. There did seem to be a balance during a few weeks this year, especially in the Summer months, but the market is in a very tumultuous time. For instance, you could have two homes on the same street for sale, similar features and price, one has 30 showings in 3 days and the other only gets 3, which is really hard to explain. Would be easy to dismiss if it only happened a few times, but I have talked with peers and they are noticing the same thing. The other thing happening on the front lines is the decrease of offers on listings. A listing in the Spring of this year likely averaged 10+ offers, but now it's more like 3-6 on average. Doesn't change the quality of the offers however, the ones that come forward still pack a punch, but with the decrease in how many come to the table one would have to think that the overbids would drop as well, which it has. Lots of time left for the 2021 market year, so make sure to check in and see how it all plays out! Thanks for stopping by, and stay safe out there! 

Hello everyone, my name is Brody. I am a 2 yr old Bassett Hound mix fella weighing approximately 35lbs. I was a local owner surrender and I’m now ready to start searching for a new forever home. 

I fall in love with everyone I meet, and I think the feeling is mutual. I do tend to jump up when meeting people, but I can’t help it, I’m just so happy to see them. Older kids would probably be best so I don't jump up and accidentally knock them over. I love playing with dogs, but I love to play fast and hard so a fur sibling who can match my play style would be ideal. I haven’t been cat tested but on walks I am quite interested in the cats I see in the neighbourhood so probably no cats would be best. 

My favourite games are tug of war and fetch. I could do it forever if you let me. I like to play with toys and am very vocal while playing especially when I have to let go. I have lots of energy, and I’m looking for a family that has an active lifestyle that I can be a part of. I would love a big yard to run around in, I really enjoy being outdoors. I need to be secured in the yard or I may decide to investigate and go visit the neighbour’s or somewhere else. I have a favourite blanket, it’s green and fuzzy, I like to suckle it. 

I love my people being with me all the time so someone home more than not would be ideal. I am not destructive when left home alone, but I will bark and howl when you leave so apartments are not ideal for me. I do calm down after some time, and I like to lay in my “cave” (blanket fort). They tell me I give the best cuddles. I want to be part of everything, and I can become quite vocal when I feel like I’m missing out on something. I haven’t been in a crate since being in my foster home but I do like to be under things (blankets, tables).

I know some commands like down and leave it, and have some recall. I do think I would benefit from training to learn more commands and develop better manners. I pull hard on leash but when I wear a Halti, I do not pull as much. 

I love going for walks and will walk as much as you want. I get pretty excited when I see other dogs on walks but I'm pretty good to listen when my foster mom redirects me. I am also fully housetrained. 

If you are the adventurous type and have a canine sibling to match my energy level, I could be the one for you. We will have the best life together!! 

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6 week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264. 

​This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

​LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 223 (229, 186, 227, 203) *343
Sold:  186  (195, 146, 183, 177) *226
Sale To Listing Ratio: 83% (85%, 79%, 80%, 87%) *66%
Price Changes: 56 (55, 56, 61, 52) *114
Listings that went conditional/pending: 223 (201, 184, 216, 221)  *289
Expired/Cancelled/Withdrawn: 48 (41, 48, 49, 42) *58
Total Active Halifax/Dartmouth Inventory:  1,099 (1,115, 1,116, 1,188, 1,202) +1,721
Absorption Rate in weeks:  6 (6, 5, 7, 6) *7

Single Family Home Stats
Active Single Family Home: 424 (433, 434, 482, 487) *827
Average Single Family Home List Price:  $424,003 ($531k,$447k,$429k,$419k) *$413k
Average Single Family Home Selling Price:  $459,117 ($548k,$472k,$469k,$445k) *$415k
Single Family Home Sale to List Ratio This Week: 108%  (103%,106%,109%,106%) *101%
Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$379k) $340k
​Median Single Family Home Sold Price (6 mo):$430,256 ($434k,$434k,$436k,$435k)*$345k
Average Days on Market Single Family Home: 19 (22, 16, 12, 12) *34

Condo Stats
Active Condos:  71 (78, 84, 97, 94) *162
Average Condo Listing Price:  $342,207 ($377k, $352k, $338k, $300k) *$286k
Average Condo Selling Price: $369,755 ($391k, $357k, $353k, $318k) *$298k
Condo Sale to List Ratio This Week: 108% (104%, 101%, 104%, 106%)  *104%
Median Condo List Price (6 mo): $319,900 ($320k, $320k, $319k, $310k) *$260k
Median Condo Sold Price (6 mo): $341,000 ($344k, $344k, $345k, $350k) *$260k
Average Days on Market Condos: 9 (28, 8, 13, 28) *8

Active Vacant Lots: 474 (470, 471, 472, 467) *567

Market Rant
It's getting scarce out there again! The combination of seasonal inventory decline, coupled with increasing buyer activity has yet again chipped away at the already low products on market. Single family home prices adjusted back to normal this week after several million dollar plus homes sold last week, skyrocketing the listing and selling prices well above the norm. This week is more of a true representation of the averages for both tracked products. Something that seems small, but is actually quite the significant detail this week is the reduction in both Single Family Home and Condo six month selling prices. This could be a continued indication that the extreme overbidding is starting to reduce, especially with the continued hold of the six month median list prices. Since the beginning of the pandemic market, we have seen these values increase in uncharacteristically large amounts, sometimes a $5k+ jump in a single week! The fact that these averages have held steady for the last couple of months either signals that there is a correction underway, or the market has capped values on products for the time being. Real estate is something that generally gains in value over time, so this pause could be temporary. The jump in listing and selling prices from April 2020 to now is nothing short of incredible, and the question from the start has been when it will cool. Signs are certainly showing but we are far from out of the woods, so stay tuned to the blog to stay on top of the wildest real estate market in Halifax history! Thanks for stopping by, and stay safe out there! 

Hi everyone! My name is Kety, I'm a 2 year old, Griffon girl, weighing around 15lbs. I came all the way from Egypt a few weeks ago and I'm ready to find my forever home now! 

I was living with 2 other dogs, one senior larger than me and a younger dog much smaller. I can be very playful once I get to know the dog. I may try to test the waters with dogs at first and guard things like water bowls or toys but with time I have learned I don't have to do this with my foster fur-siblings. I am currently living with 2 smaller dogs but we are still trying to figure each other out right now.

I have not been around kids or cats. I think kids that are older would be ok because sometimes I do play mouthy with you, but my foster parents have been working on this with me. 

I will bark when someone new comes into the house, but that's just to let you know I'm there and on guard of the house. Once they come in there may be a few more barks but once they are chatting or sit down, I'll come over and properly introduce myself but I need time and slow introductions. 

Sometimes I can get frustrated when I meet new people if I'm on leash; the longer the frustration builds I might try to lunge or snap so it's better if we can do this inside off leash or allow me to approach to get some sniffs in. 

I love to go for walks, play outside, love fetch so expect me to keep bringing you back the toy once we start! I was initially drawn to my foster dad but learned quickly foster mom is pretty great as well. 

I was a very good girl in the bath, have no issues with being touched all over, and also enjoy being brushed! I really just want all of your love! 

I am great in the car and will travel in the kennel. I will sleep through the night, either in the kennel, on your bed or any other comfy spot in the house really! 

I am very food motivated and if you leave any food within my reach I will assume you've put it there for my benefit! 

House training, this is something else I need to continue working on. If you keep up with consistently taking me out I'm sure I can figure it out! Just be patient with me! Using pee pads while learning a new place might help me. 

Will you be my forever family? 

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264

​This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 229 (186, 227, 203, 205) *367
Sold:  195  (146, 183, 177, 178) *270
Sale To Listing Ratio: 85% (79%, 80%, 87%, 87%) *63%
Price Changes: 55 (56, 61, 52, 74) *140
Listings that went conditional/pending: 201 (184, 216, 221, 182)  *317
Expired/Cancelled/Withdrawn: 41 (48, 49, 42, 64) *60
Total Active Halifax/Dartmouth Inventory:  1,115 (1,116, 1,188, 1,202, 1,224) +1,741
Absorption Rate in weeks:  6 (5, 7, 6, 7) *7

Single Family Home Stats
Active Single Family Home: 433 (434, 482, 487, 500) *838
Average Single Family Home List Price:  $530,828 ($447k,$429k,$419k,$421k) *$391k
Average Single Family Home Selling Price:  $548,221 ($472k,$469k,$445k,$452) *$394k
Single Family Home Sale to List Ratio This Week: 103%  (106%,109%,106%,108%) *101%
Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$379k,$380k) $340k
​Median Single Family Home Sold Price (6 mo):$434,277 ($434k,$436k,$435k,$436k)*$344k
Average Days on Market Single Family Home: 22 (16, 12, 12, 11) *34

Condo Stats
Active Condos:  78 (84, 97, 94, 95) *163
Average Condo Listing Price:  $376,500 ($352k, $338k, $300k, $372k) *$268k
Average Condo Selling Price: $390,810 ($357k, $353k, $318k, $392k) *$272k
Condo Sale to List Ratio This Week: 104% (101%, 104%, 106%, 105%)  *100%
Median Condo List Price (6 mo): $319,900 ($320k, $319k, $310k, $320k) *$260k
Median Condo Sold Price (6 mo): $343,450 ($344k, $345k, $350k, $350k) *$260k
Average Days on Market Condos: 28 (8, 13, 28, 17) *18

Active Vacant Lots: 470 (471, 472, 467, 470) *568

Market Rant
Almost a mirror week from last week, well, in the inventory levels at least. Some heavy hitters in the Single Family Home sales this week, launching the average listing and selling prices over $500k for the first time ever. No doubt the 4 Million on South Street beefed up the numbers, but there did seem to be an unusual amount of over 1 million dollar sales this week as well. Some slight improvements in the market this week with overall sales, new listings and listings under agreement hitting at or just under the 200 unit mark. Now that school is back in and things are getting back in full swing, the home sale or search can continue with renewed focus. For the long term stats, there continues to be a pause in growth, other than small incremental changes every other week, but the big jumps have all but ceased. The six month median prices have basically plateaued for the last few months, as well as the sales to list ratios's, giving a thought that the peak values and over list offer percentages have perhaps been hit. I'm sure that is a ceiling of value that buyers in HRM would be happy to see decline, but the question is when, and how far will the market correct, if at all? Again, the market is anything but predictable at this point, so be sure to check in frequently to stay on top of things! Thanks for stopping by, and stay safe out there! 

Hi everyone! My name is Chandler and I am a 4 year old, border collie mix boy weighing around 45lbs. I came from Texas several months ago, I thought I had found my forever home but turns out I wasn't quite home yet. 

I'm a little shy and it takes me a little more time to trust people, but once I warm up I love a good scratch, especially on my ears or under my chin, and I also love a good cuddle, particularly first thing in the morning! 

I enjoy the company of other dogs, but prefer to watch rather than play. I'm unsure of kids, I tend to scare easily, so I would do best in a kid-free home. As far as cats go, I haven't been around any, so I'm not sure about them yet. 

I walk really well on my leash, but it's really important that I'm always on a double leash because I am able to back out of my harness when I get scared. I can sit and come when called, but I will need some patience and training when it comes to body handling and confidence building; I tend to get nervous if I feel trapped or cornered and when walking through doorways. 

I'm not a big fan of toys right now, but I may learn to enjoy them over time. Car rides on the other hand, I'm definitely a fan of those! I'll just curl up and have a nap on route to our next big adventure together! 

At home, if there is someone around, I like to follow them around the house. If I'm alone I won't be destructive but I think I'd like someone home more than not. I am happy to say I am housetrained as well! 

I know I have a few things to work on, but I promise that your patience will be rewarded! So, if you're looking for a sweet and smart pup to join your family, I'm ready to go to my forever home with you! 

Do you think we'd be a good match? 

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 

This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 186 (227, 203, 205, 252) *351
Sold:  146  (183, 177, 178, 187) *221
Sale To Listing Ratio: 79% (80%, 87%, 87%, 74%) *63%
Price Changes: 56 (61, 52, 74, 57) *114
Listings that went conditional/pending: 184 (216, 221, 182, 228)  *274
Expired/Cancelled/Withdrawn: 48 (49, 42, 64, 65) *46
Total Active Halifax/Dartmouth Inventory:  1,116 (1,188, 1,202, 1,224, 1,225) +1,771
Absorption Rate in weeks:  5 (7, 6, 7, 6) *7

Single Family Home Stats
Active Single Family Home: 434 (482, 487, 500, 495) *872
Average Single Family Home List Price:  $446,739 ($429k,$419k,$421k,$457k) *$404k
Average Single Family Home Selling Price:  $472,109 ($469k,$445k,$452,$500k) *$409k
Single Family Home Sale to List Ratio This Week: 106%  (109%,106%,108%,109%) *101%
Median Single Family Home List Price (6 mo): $379,900 ($380k,$379k,$380k,$389k$339k
​Median Single Family Home Sold Price (6 mo):$433,500 ($436k,$435k,$436k,$437k)*$342k
Average Days on Market Single Family Home: 16 (12, 12, 11, 10) *51

Condo Stats
Active Condos:  84 (97, 94, 95, 105, 107) *159
Average Condo Listing Price:  $351,831 ($338k, $300k, $372k, $337k) *$289k
Average Condo Selling Price: $357,050 ($353k, $318k, $392k, $353k) *$289k
Condo Sale to List Ratio This Week: 101% (104%, 106%, 105%, 105%)  *100%
Median Condo List Price (6 mo): $319,800 ($319k, $310k, $320k, $320k) *$270k
Median Condo Sold Price (6 mo): $343,450 ($345k, $350k, $350k, $349k) *$270k
Average Days on Market Condos: 8 (13, 28, 17, 21) *33

Active Vacant Lots: 471 (472, 467, 470, 475) *569

Market Rant
No doubt we are nearing the the tail end of the blistering market that has been in place for almost 2 years, now to see what will be left in its wake!. Not saying that there will be a drastic swing back towards a buyers market, but the uber competitive sellers market that has been frustrating buyers since last March is certainly showing signs of slowing down... finally. The stats always tell the tale, sometimes you need the historical data to realize what's happened (the longer the better sometimes), but others can me measured on a daily basis. This week, new listings reported significantly lower than last year at this time, and sales dragged in similar fashion. Last year, the inventory was still declining at this time, eventually creating an annual gap between the current year, peaking at over 1000. This has been cut down as the inventory begins its slow drudge back to respectable levels (hopefully), and perhaps a healthier market for buyers to buy into. The big question is how values will change and how significant the correction will be, if at all.

It's crazy looking at the 6 month median prices from 2021 to 2020, seeing the prices skyrocket in such a short time (homes selling almost 100k more than the previous year), so one would think this will see some stabilization once our market returns. Of course, there are lots of details to track and I'm sure there will be things that will surprise everyone, but what won't be all that surprising to most is the extreme overbids should come to a halt, or be a lot less. There will be properties that still see this sort of activity, but they seem to be focused on a certain category of property, ones that have amazing locations. That can be walking distance to Lower Water Street, or for some, your own sandy beach. Those have always been sought after, and will continue to be, but the anticipation is that all other areas will continue to cool once the inventory returns. There is something to be said about underpriced properties as well, those also seem to be overbid on despite the value and uncertain time in the market. The coming Spring should prove to be an interesting marker indeed.. Keep an eye to the blog to keep on track with the ever changing market! Thanks for stopping by and stay safe out there! 

Hi y’all! I’m Eden, a sweet one-year-old, 24 lb Chihuahua mix girl! Unfortunately, I found myself in an overcrowded Texas shelter, but I am so happy to have had the opportunity travel to Nova Scotia and I can’t wait to find my FURever home!

If you are looking for a playful and loving companion, look no further! I may take a little time to warm up to new people, but once I do, I will always be by your side. That said, I’m not overly needy when it comes to attention, I will happily lay quietly in my bed while you are working or watching a show, but you will always know how happy I am to see you whenever you come home! I also love to play (on my own with toys or with others), so I hope my FURever family will too!

My foster family includes two adults, one child (4-years-old), another dog (female terrier, 21 lbs) and a Lovebird. I think they are all great! My foster PAWrents are always praising me on how gentle I am with the little human (she loves to give me pats and kisses) and I am friendly with other dogs. I’m a bit curious about the bird, but I haven’t barked at her or jumped on her cage at all. As for cats, I haven’t been introduced to any yet, so that’s currently an unknown for me.

On leash, you’ll be happy to know that my manners are pretty good. I’m not a puller, but I will bark when I see people or other dogs. I’m very responsive though, so with some training, I think I could learn not to be so excited.

My house manners are nearly impeccable, I haven’t been destructive, I’m house trained, I sleep quietly in my own bed at night, and I don’t bark much inside the house (only occasionally when I see something interesting out the window). The nearly comes in because I will whine a little if I must sleep in a separate room from you, but I will quiet down quickly. 

I love to eat and quickly gobble down my two meals per day. I also love treats and will sit and come when called. Since I’ve been recovering from surgery, my foster PAWrents haven’t been working with me on new tricks, but I am eager to learn!

If you think I sound like the perfect pup, you’re right! I’m ready to go to my FURever home and hope it’s with you!

Are you my forever family?

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6 week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264.

This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 227 (203, 205, 252, 311) *334
Sold:  183  (177, 178, 187, 208) *250
Sale To Listing Ratio: 80% (87%, 87%, 74%, 67%) *75%
Price Changes: 61 (52, 74, 57, 54) *116
Listings that went conditional/pending: 216 (221, 182, 228, 242)  *274
Expired/Cancelled/Withdrawn: 49 (42, 64, 65, 49) *56
Total Active Halifax/Dartmouth Inventory:  1,188 (1,202, 1,224, 1,225, 1,211) +1,830
Absorption Rate in weeks:  7 (6, 7, 6, 6) *8

Single Family Home Stats
Active Single Family Home: 482 (487, 500, 495, 485) *916
Average Single Family Home List Price:  $428,667 ($419k,$421k,$457k,$434k) *$402k
Average Single Family Home Selling Price:  $468,990 ($445k,$452,$500k,$474k) *$408k
Single Family Home Sale to List Ratio This Week: 109%  (106%,108%,109%,109%) *101%
Median Single Family Home List Price (6 mo): $379,900 ($379k,$380k,$389k,$386k$335k
​Median Single Family Home Sold Price (6 mo):$435,800 ($435k,$436k,$437k,$435k)*$338k
Average Days on Market Single Family Home: 12 (12, 11, 10, 12) *41

Condo Stats
Active Condos:  87 (94, 95, 105, 107) *164
Average Condo Listing Price:  $337,929 ($300k, $372k, $337k, $384k) *$249k
Average Condo Selling Price: $352,909 ($318k, $392k, $353k, $406k) *$257k
Condo Sale to List Ratio This Week: 104% (106%, 105%, 105%, 105%)  *104%
Median Condo List Price (6 mo): $318,950 ($310k, $320k, $320k, $320k) *$270k
Median Condo Sold Price (6 mo): $345,000 ($350k, $350k, $349k, $350k) *$270k
Average Days on Market Condos: 13 (28, 17, 21, 25) *17

Active Vacant Lots: 472 (467, 470, 475, 467) *585

Market Rant
Bit of a ho-hum week this week as we head to the end of August and closer to the end of Summer. New listings bumped a touch, and sales reported marginally higher this week as well resulting in an average sales to list ratio report. With the overall inventory continuing to diminish after a very low annual peak thus far, the big question on everyones mind is if there will be more inventory in the Fall? For the most part, the Summer tends to be one of the slower market times, then there is a small pick-up in inventory and sales, then tapers off again until the holiday season. If we are starting to realign with annual trend then we should see the inventory gain a touch, and  fewer buyers on the search. The gain of inventory is a direct match to demand, so it will really depend on the buyer activity and how it sustains. There is definitely a tapering of this activity, but has yet to be turned down to a level that would allow the inventory to climb. As mentioned in previous posts, listings that have been priced correctly, and present in good condition do tend to be the most popular, and it shows. Many of these listing still find themselves with a train of buyers parading through the showing window week, receiving multiple offers, and selling for much higher than list. Look to the stats to pick up next month in key areas, even if temporary, but also look to the long running stats (6 month medians etc), to monitor their slippage. Interesting times indeed, so if you are in the market, or just interested, keep an eye on the blog to stay informed! Thanks for stopping by, and stay safe out there! 

Hi guys! My name is Roxie and I'm a 1 year old American Stafffordshire girl weighing around 50lbs! I came from Louisiana a few weeks ago but now it's time to find my forever! 

One of my most favourite activities in the whole wide world is meeting and playing with dogs! I am best to do this in a fenced in area because sometimes I can get more worked up being held back by the leash but I can't help it I'm just so excited for friends! 

I'm still a puppy and full of energy but if there are no dogs to distract me I am excellent walking on leash or even going for a light jog if I do say so myself! 

I will also be very happy meeting new people and will want to greet complete strangers on walks or at the park with a wagging tail. I haven't met any kids or cats so I'm not sure what to think of them. 

I am very gentle when taking treats and am excellent if I must stay home alone while my human-folk are off at work. I'm still learning recall and basic commands (sit, stay, come) but when there are no distractions around me I'm a pretty quick learner! 

I don’t like loud objects such as weed whackers, musical instruments (guitars, drums, piano), fireworks, and power tools. I'm fine with calmer music playing but the really loud things make me nervous. 

I love being outdoors in any way but will also easily relaxes while indoors. Despite being 50 pounds, im still confident I can fit myself on your lap or I will at least try to get as close to my humans as I can! 

I'm good in the car because I know it usually means we are going on a new adventure. Baths really aren't my favorite thing but I'll tolerate it so we can both move on. 

The housetraining is still a work in progress, however, I might just have an accident every few days now so with patience and continued consistency I know I'll figure it out soon! 

Do you think we'd be a good match? 

My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am spayed, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! 

This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

VIEWPOINT REALTY

Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping!

Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process.


Newest Blog post HERE

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 203 (205, 252, 311, 215) *399
Sold:  177  (178, 187, 208, 175) *268
Sale To Listing Ratio: 87% (87%, 74%, 67%, 81%) *67%
Price Changes: 52 (41, 74, 57, 54) *123
Listings that went conditional/pending: 221 (182, 228, 242, 170)  *294
Expired/Cancelled/Withdrawn: 42 (64, 65, 49, 74) *123
Total Active Halifax/Dartmouth Inventory:  1,202 (1,224, 1,225, 1,211, 1,153) +1,875
Absorption Rate in weeks:  6 (7, 6, 6, 6) *8

Single Family Home Stats
Active Single Family Home: 487 (500, 495, 485, 448) *952
Average Single Family Home List Price:  $419,108 ($421k,$457k,$434k,$417k) *$376k
Average Single Family Home Selling Price:  $444,846 ($452,$500k,$474k,$463k) *$381k
Single Family Home Sale to List Ratio This Week: 106%  (108%,109%,109%,111%) *101%
Median Single Family Home List Price (6 mo): $378,900 ($380k,$389k,$386k,$385k)*$333k
​Median Single Family Home Sold Price (6 mo):$435,400 ($436k,$437k,$435k,$435k)*$337k
Average Days on Market Single Family Home: 12 (11, 10, 12, 21) *43

Condo Stats
Active Condos:  94 (95, 105, 107, 107, 99) *161
Average Condo Listing Price:  $300,273 ($372k, $337k, $384k, $329k) *$300k
Average Condo Selling Price: $318,205 ($392k, $353k, $406k, $360k) *$304k
Condo Sale to List Ratio This Week: 106% (105%, 105%, 105%, 110%)  *101%
Median Condo List Price (6 mo): $319,900 ($320k, $320k, $320k, $320k) *$275k
Median Condo Sold Price (6 mo): $349,700 ($350k, $349k, $350k, $350k) *$273k
Average Days on Market Condos: 28 (17, 21, 25, 16) *22

Active Vacant Lots: 467 (470, 475, 467, 448) *588

Market Rant
Activity remains steady in some areas, products and price points, but there are signs the machine is starting to slow. Although marginal, we are starting to see reductions in some key areas, like six month median listing and selling prices (finally) in both tracked products, and sales to list ratio for single family homes. The six month single family home list price has been sliding now for over a month, so just like the time it took to indicate the strengthening market, it will also take longer to confirm the weakening of it. The big news is that we do have that pool of data now heading in the opposite direction, which may mean we have seen the top of the market value, for now. Other stats are coasting right along, with marginal new listing numbers, decent sold numbers, and good showing of buyer activity this week. Perhaps it's the Summer, or maybe slowly but surely we are working though the demand, but the lessening activity is definitely being felt by anyone on the market currently. It's a very strange time, and although the amount of buyers out there are fewer, the potency of their offer's are still strong. As indicated a few weeks back, properties are starting to make it through the offer holdover week with increasing pace, and price reductions are becoming more common. Watch for this trend to continue. So a sleepy week on the market, the anticipation is that we will see somewhat of a return to regular market trend this year, which means September should see a pick up in activity for a time, then drop off until the lowest activity time of the year, which is the end of the December. Definitely a good time to stay tuned to the blog to stay on top of the market, so be sure to stop by and keep track! Thanks for stopping by, and stay safe out there! 

Meet Gypsy! Gypsy is a very skittish and fearful girl who drops to the ground and shakes, no aggression noted whatsoever. She likes dogs but is submissive to them. She is scared of new people but she likes kids! She currently pulls on leash, is house trained and crate trained. Her family will need to go slow with her to help her gain trust in the world around her. She is super sweet with her people and is slowly beginning to wag her tail. 

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 205 (252, 311, 215, 260) *332
Sold:  178  (187, 208, 175, 201) *231
Sale To Listing Ratio: 87% (74%, 67%, 81%, 77%) *70%
Price Changes: 41 (74, 57, 54, 50) *80
Listings that went conditional/pending: 182 (228, 242, 170, 251)  *249
Expired/Cancelled/Withdrawn: 64 (65, 49, 74, 103) *123
Total Active Halifax/Dartmouth Inventory:  1,224 (1,225, 1,211, 1,153, 1,109) +1,860
Absorption Rate in weeks:  7 (6, 6, 6, 5) *8

Single Family Home Stats
Active Single Family Home: 500 (495, 485, 448, 418) *934
Average Single Family Home List Price:  $421,074 ($457k,$434k,$417k,$461k) *$387k
Average Single Family Home Selling Price:  $452,354 ($500k,$474k,$463k,$515k) *$388k
Single Family Home Sale to List Ratio This Week: 108%  (109%,109%,111%,112%) *101%
Median Single Family Home List Price (6 mo): $380,450 ($389k,$386k,$385k,$386k)*$330k
​Median Single Family Home Sold Price (6 mo):$436,262 ($437k,$435k,$435k,$435k)*$335k
Average Days on Market Single Family Home: 11 (10, 12, 21, 12) *41

Condo Stats
Active Condos:  95 (105, 107, 107, 99, 90) *155
Average Condo Listing Price:  $372,084 ($337k, $384k, $329k, $297k) *$326k
Average Condo Selling Price: $391,551 ($353k, $406k, $360k, $326k) *$327k
Condo Sale to List Ratio This Week: 105% (105%, 105%, 110%, 110%)  *100%
Median Condo List Price (6 mo): $320,000 ($320k, $320k, $320k, $320k) *$275k
Median Condo Sold Price (6 mo): $350,000 ($349k, $350k, $350k, $350k) *$273k
Average Days on Market Condos: 17 (21, 25, 16, 13) *31

Active Vacant Lots: 470 (475, 467, 448, 443) *591

Market Rant
Just like the Summer so far this month, the market too has cooled quite a bit. Well, perhaps not cooled, just a bit more balanced. Activity has definitely tapered off at the moment, and it seems both buyer and seller have taken a little break for now. Hard to tell exactly what is happening in some areas, but the market does have a confused feel to it in some places. Depending on the location, multiple offers (although less of them) are still happening, but some homes who attempted to price to the "new" market values find themselves a little neglected. One of the main questions from the start of this was "when will it hit the ceiling?".

Of course, that is almost an impossible prediction, but watching the listing trends and list/sale prices are a great way to stay ahead of the curve. The market value in HRM increased exponentially in a very short time, and many are saying that these prices are here to stay, but I'm a bit more skeptical. If this pandemic market cools off and resets to annual trend, then a balance should occur. This means that the small number (comparably) of homes that sold during this tumultuous time have set peaks, some of which that are quite lofty. When they go to re-sell in an average market, they will find themselves up against properties that have a ton of equity in them if not acquired during this time. To me, this indicates a drop is on the way when the market does finally cool. Ultimately, the longer the market carries on the less this will be an impacting factor, but if we are in the midst of the change, resale could be a potential issue in the short term. All current signs, like the first significant SFH 6 month average list price drop, are pointing in this direction, especially when you compare the stats from last year (except prices and DOM), but the pandemic market has been anything but predictable so there is a good chance I could be eating my words in a few weeks. Time will tell! Stay tuned to find out, and to keep up to date on the Halifax real estate market! Thanks for stopping by, and stay safe out there! 

Meet Cooper! Cooper is cautious of people at first and will rush up to them to investigate. Cooper is dog social, but as a hunting breed is excitable and will give chase to small animals, so not recommended in a home with smaller animals. Cooper is crate trained (although he severely guards his crate so is not recommended to be crated). He is house trained and walks well on leash. This pup can be playful, and cuddly, and loves going for hikes, walks and swims. 

Behavior problems: Mouthing, Jumping, Humping, some reactivity (to children), he will try to steal food if he gets the chance, and resource guarding. Looking for a breed-experienced home with no children and experience with resource guarding. ​

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!

(Previous weeks numbers in brackets)

*Previous Year's Stats​

Total Market
New/Back to Market Listings: 252 (311, 215, 260, 349) *321
Sold:  187  (208, 175, 201, 209) *258
Sale To Listing Ratio: 74% (67%, 81%, 77%, 60%) *80%
Price Changes: 74 (57, 54, 50, 62) *131
Listings that went conditional/pending: 228 (242, 170, 251, 258)  *291
Expired/Cancelled/Withdrawn: 65 (49, 74, 103, 41) *59
Total Active Halifax/Dartmouth Inventory:  1,225 (1,211, 1,153, 1,109, 1,184) +1,908
Absorption Rate in weeks:  6 (6, 6, 5, 6)*8

Single Family Home Stats
Active Single Family Home: 495 (485, 448, 418, 468) *991
Average Single Family Home List Price:  $456,898 ($434k,$417k,$461k,$409k) *$364k
Average Single Family Home Selling Price:  $499,482 ($474k,$463k,$515k,$465k) *$369k
Single Family Home Sale to List Ratio This Week: 109%  (109%,111%,112%,114%) *102%
Median Single Family Home List Price (6 mo): $389,000 ($386k,$385k,$386k,$385)*$330k
​Median Single Family Home Sold Price (6 mo):$437,000 ($435k,$435k,$435k,$433k)*$333k
Average Days on Market Single Family Home: 10 (12, 21, 12 ,9) *38

Condo Stats
Active Condos:  105 (107, 107, 99, 90, 90) *156
Average Condo Listing Price:  $336,732 ($384k, $329k, $297k, $390k) *$269k
Average Condo Selling Price: $352,965 ($406k, $360k, $326k, $424k) *$270k
Condo Sale to List Ratio This Week: 105% (105%, 110%, 110%, 109%)  *100%
Median Condo List Price (6 mo): $319,900 ($320k, $320k, $320k, $320k) *$273k
Median Condo Sold Price (6 mo): $349,250 ($350k, $350k, $350k, $350k) *$270k
Average Days on Market Condos: 21 (25, 16, 13, 9) *80

Active Vacant Lots: 475 (467, 448, 443, 463) *596

Market Rant
Finally starting to creep up there! Slowly but surly, the inventory levels continue to rise, which is actually quite opposite from annual trend. Unique market however, so really, anything goes! Things do seem to be clawing back after a disappointing return from the last lockdown for sellers, but still not as booming as before entering it. Summer months do tend to be slower usually, but it seems that the expectation is for the Halifax market to be wide open all the time. The last month and some have proven that no market is invincible and there are signs that the inevitable slowing has begun, the question is if it's just falling in line with annual trend, or if this Sellers market is starting to soften finally. Inventory is still significantly lower than this time last year, but that gap is starting to narrow ever so slowly. Some other small indicators continue to point to a softening market as well, like the increasing amount of price changes, and listings that expired/cancelled from market. Not huge numbers yet, but week to week they continue to push, seemingly going unnoticed until a time gap points to that change. On the other hand, other small indicators, like the days on market count and overall sale prices continue to impress, so it certainly sends mixed messages. This has caused some interesting tactics and techniques for listing strategy and offers as the market changes, making buyers, sellers and agents alike scramble to adapt quickly. Stay tuned to the blog to stay on top of our dynamic market, stay safe out there, and thanks for stopping by! 

Meet Kali! Kali came in with her sister Nala. Kali is confident, food motivated, and energetic! She walks well on a leash, but can be reactive. She is not destructive in the home, and has no bite history. Kali has been around other dogs and did well, has lived with cats, and no prey drive is noted. Kali is good with kids, and strangers (although she prefers females). Kali is house trained and crate trained. Kali does exhibit mild resource guarding and tries to get to them first before her sister can.

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about her and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE

LET ME HELP YOU OUT!
​
​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 comparative market analysis 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 contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!