Halifax (HRM) Residential Statistic Update for the Week of January 16th - 23rd, 2020
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 194 (229, 170) *193
Sold:  89  (76, 90) *92
Sale To Listing Ratio: 46% (33%, 53%) *48%
Price Changes: 47 (51, 75) *61
Listings that went conditional/pending: 148 (137, 108)  *120
Expired/Cancelled: 57 (51, 70) *87
Total Active Halifax/Dartmouth Inventory:  2,148 (2,156, 2,113) +3,122
Absorption Rate in weeks:  X (X, X) *X

Single Family Home Stats
Active Single Family Home: 1,080 (1,088, 1,059) *1,670
Average Single Family Home List Price:  $367,546 ($365k, $359k) *$330k
Average Single Family Home Selling Price:  $364,251 ($353k, $349k) *$297k
Single Family Home Sale to List Ratio This Week: 99%  (97%, 97%) *90%
Median Single Family Home List Price (6 mo): $314,900 ($315k, $315k)*$285k
​Median Single Family Home Sold Price (6 mo):$309,900 ($309k, $308k)*$279k
Average Days on Market Single Family Home: 62 (65, 109) *65

Condo Stats
Active Condos:  144 (142, 138) *246
Average Condo Listing Price:  $301,127 ($289k, $320k) *$255k
Average Condo Selling Price: $294,209 ($287k, $315k) *$241k
Condo Sale to List Ratio This Week: 98% (99%, 99%) 95%
Median Condo List Price (6 mo): $249,900 ($250k, $249k) *$240k
Median Condo Sold Price (6 mo): $240,100 ($240k, $240k) *$230k
Average Days on Market Condos: 64 (69, 118) *77

Active Vacant Lots: 768 (773, 764) *945

Market Rant
Bit of a déjà vu this week, as last year at this time reported many of the same strange things going on in the same strange fashion. Last year we had limited weekly additions, a decent sales report, and a reduction in inventory... that's right, a reduction! Listings under contract reported quite a bit higher than last year, but many stats are quite the mirror image. I will have to look back on the week historically and see if this is a repeating pattern, and if so, I'm curious to know the reason. The other obvious differences between this year and last include the overall value increase across the board, and significantly less overall inventory available for sale here in Halifax. Looking to get a visual on what that change looks like? Scroll down to the 2019 Halifax real estate market year in review to see. If you are considering buying or selling this year, it's a must see to get an idea of the current market environment. Still, the year is just under way, and things can change quite quickly! Nova Scotia has a tendency of slow change, which is a good thing when it comes to real estate, but maybe not so good in other areas, like ride sharing. The expectation is that any change would be gradual, much like the current market that changed quite quickly, but it took almost two years to do so. However, the change in that time has been extremely significant despite the short timespan, which means things could go from bad to worse for buyers with this continued activity. Still, it still remains a great time to sell, but the challenge grows tougher for buyers out there, so stay on top of what's happening out there and how the market forecast is being called by tuning into the blog. Thanks for stopping by! 

Owner surrender: new baby in family and the dog is too hyper. Received basic vaccination + Bordetella + Advantage Multi 100 Happy, excitable and energetic. Traumatic wound on tip of tail from happy tail wagging and treated. Very gentle dog as far as loving temperement. Well socialized w/ humans very clever guy. No food guarding but eats fast. Takes treats roughly Not recommended w/ cats, prey drive Playful w/ dogs but plays like a staffy so we recommend big dogs or another staffy jumps a lot. 

Knows basic command: sit. Pulls a lot on leash but we use a no pull harness for walks. Not recommended w/ small children, too excitable. We can re-evaluate once his exercise routine is established. House trained and crate trained. Not vocal. No bite history. Used to car travel. Flight risk if not on leash. No recall and noted prey drive so, he should be leashed unless in a fenced in area.​

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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!

Affordable living in neighbourly Thornhill, and rapidly growing Spryfield! Welcome to 13 Auburn Avenue, a quaint and charming detached 1.5 Storey that is sure to impress! Boasting over 1,400 square feet of living space, this small package packs a big punch with essential features and smart use of space to maximize the homes footprint. The main level hosts a cozy living and dining area, sizeable kitchen featuring stainless steel appliances and walkout to the huge new back deck, full bath, storage, spacious master and second bedroom. The newly refreshed upper level has two flex spaces that could be used for storage, office space or customized to fit your needs. The walkout basement is perfect for guests or extra living space with a huge rec room, third bedroom with ensuite bath, and combination laundry and storage area. The exterior features a single paved driveway big enough for two cars, and a private, partially fenced backyard with oversized 12x13 shed for additional storage. Too many enhancements to list, this move in ready property is just 7 short minutes to the Armdale, and minutes from all your shopping and recreational needs, including Kidston Lake, Spryfield Urban Farm, Captain William Spry Community Centre and Pool, and numerous walking trails including Long Lake. R2 zoned, value priced and great location, this home won’t last long! Contact today to book your personal tour! 

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!

Halifax (HRM) Residential Statistic Update for the Week of January 9th - 16th, 2020
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 229 (170) *220
Sold:  76  (90) *78
Sale To Listing Ratio: 33% (53%) *33%
Price Changes: 51 (75) *90
Listings that went conditional/pending: 137 (108)  *122
Expired/Cancelled: 51 (70) *87
Total Active Halifax/Dartmouth Inventory:  2,156 (2,113) +3,139
Absorption Rate in weeks:  X (X) *X

Single Family Home Stats
Active Single Family Home: 1,088 (1,059) *1,692
Average Single Family Home List Price:  $364,526 ($359k) *$378k
Average Single Family Home Selling Price:  $352,537 ($349k) *$366k
Single Family Home Sale to List Ratio This Week: 97%  (97%) *97%
Median Single Family Home List Price (6 mo): $314,900 ($315k)*$285k
​Median Single Family Home Sold Price (6 mo):$308,825 ($308k)*$280k
Average Days on Market Single Family Home: 65 (109) *76

Condo Stats
Active Condos:  142 (138) *249
Average Condo Listing Price:  $288,960 ($320k) *$285k
Average Condo Selling Price: $286,630 ($315k) *$284k
Condo Sale to List Ratio This Week: 99% (99%) 99%
Median Condo List Price (6 mo): $249,900 ($249k) *$239k
Median Condo Sold Price (6 mo): $240,000 ($240k) *$230k
Average Days on Market Condos: 69 (118) *114

Active Vacant Lots: 773 (764) *936

Market Rant
Looks like another week very similar to the same time last year, again. One of the changed stats this week however, is the listings that went conditional pending, showing that buyers right now are still ready to pounce on listings regardless of the time of year or climate. Values still remain strong and elevated from last year, and listings are generally spending much less time on the market comparably, but that's a no brainer given the 2019 market year. There was a slight gain in the overall inventory, but that is quite common for this time of year. Usually, January sees a surge in activity up until snow takes the wind out of buyers and sellers sails, but since the wInter this year has hit us a bit earlier than usual, most people keep on trucking through the inconvenience of a little snow. That should say something about the market though. If people are already out in droves in this weather, imagine what things will be like when it's nice out? I've heard rumblings of multiple offers already, which is not surprising given how low the inventory is and the general buyer interest remains. Starting off the year strong, so stay tuned the Halifax Real Estate blog to keep up to date with our rapidly changing market! Thanks for stopping by! 

Not neutered so we will do that. Will receive basic vaccination before leaving our care. Ok with physical manipulations if he trusts you. Bite once, the story is not clear as it was a fearful superficial nip only. Doesn’t act unpredictable. No resource guarding. Seems OK with dogs OK with cats as per owner. Was living with a 2 years old child and was doing ok. Scared with some men. Fearful, scared and doesn’t want contact with strangers. 

He’s scared of new people and new environment. Need to respect him so he can appreciate you. When he trusts you, he’s sweet and very affectionate Moderate energy level Pulls a lot on leash when he wears only a collar on, doing better with a harness Knows basic commands Gets ear infections easily, might be due to allergies?

This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, 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

Halifax (HRM) Residential Statistic Update for the Week of January 2nd - 9th, 2020
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 170 () *233
Sold:  90  () *64
Sale To Listing Ratio: 53% () *29%
Price Changes: 75 () *86
Listings that went conditional/pending: 108 ()  *105
Expired/Cancelled: 70 () *94
Total Active Halifax/Dartmouth Inventory:  2,113 () +3,133
Absorption Rate in weeks:  X () *X

Single Family Home Stats
Active Single Family Home: 1,059 () *1,683
Average Single Family Home List Price:  $358,462 () *$359k
Average Single Family Home Selling Price:  $349,195 () *$350k
Single Family Home Sale to List Ratio This Week: 97%  () *98%
Median Single Family Home List Price (6 mo): $314,900 ()*$285k
​Median Single Family Home Sold Price (6 mo):$308,250 ()*$279k
Average Days on Market Single Family Home: 109 () *108

Condo Stats
Active Condos:  138 () *253
Average Condo Listing Price:  $319,900 () *$236k
Average Condo Selling Price: $315,000 () *$229k
Condo Sale to List Ratio This Week: 99% () 97%
Median Condo List Price (6 mo): $249,000 () *$235k
Median Condo Sold Price (6 mo): $240,000 () *$225k
Average Days on Market Condos: 118 () *112

Active Vacant Lots: 764 () *904

Market Rant
Only going up from here, right? Surprisingly enough, this week looks a lot like it did at the same time last year. The big difference is what was mentioned below in the 2019 market wrap up, the inventory. Well, that and the median prices. Only a measly 138 condo options for sale across HRM right now (excluding private sales), which doesn't give buyers much to look at. Fortunately, annual trend says that we should see increases in volume of inventory across all tracked products in the very near future. Sure, the weather isn't encouraging sellers to polish up the home to sell, nor make buyers excited to get out there and have look, but the show must go on! We are staring out 2020 with the lowest amount of inventory in over 13 years (could be longer), and we still have a bulk of buyers waiting on the sidelines for their chance at a worthy property. Of course, this is only the first month of the market year, so much like December, there are several factors at play to keep activity low. If you haven't seen the 2019 market year in review with some graphics to show the changes, scroll down and have a look. If you are thinking of buying or selling this year, it's definitely a must read. Thanks for stopping by! 

Leo is a smart, sweet, energetic boy. He had a very rough life and needs a family dedicated to helping him become his best self. He's very obedient and is quite a fast learner. He already knows a couple basic commands and will do anything for a cookie! Leo easily gets overstimulated and jumpy around toys and people, so he needs someone that can teach him his manners. 

Leo's ideal home:
- With people over 16 years of age
- No other animals
- Experienced dog owners preferred

Obedience training is mandatory and we know he will thrive with the training. He's incredibly loyal and is the perfect dog to hit the trails with and play some serious games of fetch.

Proof of registration in obedience class is required for adoption.

This "cuddly companion" is available through Homeward Bound City Pound, a non profit rescue organization from Halifax, 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!

What a year 2019 was for our real estate market here in Halifax. 2018 was a benchmark year that felt like a high point about to turn, but 2019 took the reins and kicked it into high gear! 

Sale prices: No surprise here, it seems that regardless of market type (buyer, balanced, seller), the annual growth is a steady gainer. We did see a few ceilings hit and surpassed this year however, and the last almost half of the year witnessed the single family home sale values constantly hit over the $310k mark. That was a height that has never been hit, and 2019 was actually the first year to report single family home sale averages over the $300k mark on a consistent basis. No doubt there was a bit of help from the lack of inventory that caused multiple and full priced offer, pushing many sales to asking, or over asking price. In some cases, way over asking price! 

Sales: No doubt that the continued hot sales trend was a topic of conversation in 2019, which was actually a carry over from what was thought to be a hot market in 2018. Turns out, 2018 was just the beginning! 2019 started out like any other year, a slow start and gradual elevation to the end of Winter, then, April hit and things took off like a rocket, reporting in at 813 sales that month, which hasn't been that high since the late 2000's. The difference with the market from the late 2000's and 2019 is the lack of inventory. Back then, the peak of the seasons usually crested around the 4500-5000+ available units to choose from, when this year, those numbers fell around 3000-3500 respectively. I wonder if the supply had been greater last year, that we would have seen these sales that much higher. Now, the demand is still high, but with a lack of supply and this sustained activity, things could prove to be that much more challenging to buyers in 2020. 

Inventory: Five years...that's all it took to come from the highest amount of inventory that the city has ever had, to the lowest levels in over 13 years, and possibly much longer. With the below average weekly additions over the last couple of years, coupled with an increased and sustained buyer demand, we have found ourselves in a Sellers market in many areas of the municipality. The property purchase entry bracket ($250-$350k) is by far the hottest, especially as you approach the peninsula, which has also changed because of unit value increase. Many buyers are now unaware how quickly things have changed in the last few years, causing disappointment with the selection and quality at the new price range, which has also increased significantly in that time. People who bought low in 2014/15 find themselves with a quick sale, sure, but finding something to move too after the sale has become the challenge, which is one of the reasons why new construction has blown up in the last couple years. Subdivisions and developments that had been sitting relatively dormant for years have exploded with activity, and other hot areas of new construction, like Bedford West, is selling units before they even list. Still, resale is the product most sought after, but new construction has definitely given it a run for its money. 

2019 was a solid performer, which many highs and very few lows. On this path however, we could see even more changes and potential problems should this trend continue. Could we see some of the big market boom/bust issues that fall on larger cities? I can tell you from experience that multiple offers well above asking price have already begun, and the showing trains on certain listings can last for days. Inquiries are still peaking, and there is a surplus of buyers waiting to get in. The big question is will 2020 be the year of the market turnaround, or will we see even more records snapped and prices skyrocket as we sink deeper into a sellers market? Only time will tell! Make sure to stop by the Halifax Real Estate Blog regularly for your weekly updates and more! Thanks for stopping by, and Happy New Year! 

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!

Halifax (HRM) Residential Statistic Update for the Week of Dec 12th - 19th, 2019
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 103 (141, 154, 151, 211) *133
Sold:  109  (114, 149, 141, 157) *91
Sale To Listing Ratio: 106% (81%, 97%, 93%, 74%) *68%
Price Changes: 30 (51, 103, 84, 95) *44
Listings that went conditional/pending: 111 (132, 138, 155, 158)  *87
Expired/Cancelled: 85 (124, 62, 60, 69) *112
Total Active Halifax/Dartmouth Inventory:  2,308 (2,398, 2,601, 2,657, 2,721) +3,411
Absorption Rate in weeks:  18 (17, 17, 17, 17) *33

Single Family Home Stats
Active Single Family Home: 1,139 (1,202, 1,336, 1,372, 1,437) *1,838
Average Single Family Home List Price:  $337,991 ($358k,$373k,$381k,$389k) *$306k
Average Single Family Home Selling Price:  $333,472 ($356k,$365k,$371k,$375k) *$297k
Single Family Home Sale to List Ratio This Week: 99%  (99%, 98%, 97% 96%) *97%
Median Single Family Home List Price (6 mo): $314,900 ($315k,$310k,$310k,$310k)*$284k
​Median Single Family Home Sold Price (6 mo):$307,900 ($308k,$305k,$305k,$304k)*$279k
Average Days on Market Single Family Home: 80 (89, 66, 66, 83) *53

Condo Stats
Active Condos:  169 (177, 187, 195, 194) *275
Average Condo Listing Price:  $300,726 ($285k, $292k, $240k, $239k) *$206k
Average Condo Selling Price: $291,889 ($281k, $290k, $234k, $232k) *$200k
Condo Sale to List Ratio This Week: 97% (98%, 99%, 98%, 97%) 97%
Median Condo List Price (6 mo): $244,900 ($243k, $245k, $249k, $248k) *$230k
Median Condo Sold Price (6 mo): $238,500 ($237k, $239k, $239k, $239k) *$225k
Average Days on Market Condos: 47 (29, 35, 57, 57) *96

Active Vacant Lots: 826 (841, 874, 880, 878) *1,022

Market Rant
No surprises here. Another week closer to the holidays, and another week of significant inventory reduction across all tracked products. As you will notice from this weeks report, we are headed to the lowest activity and inventory of the year. Just look at the measly new listing additions to the market this week! Most are out shopping for presents around this time of year, so shopping for properties takes a bit of a back seat in the next couple of weeks. Not to mention, it's hard to get anything transacted with so many of the key players of a purchase or sale of property on holidays as well. Even price changes were at an all time low this week, since the purpose of a price change is usually to entice buyers to revisit the property, or bring new buyers to the new price point. Not much of a point advertising to a near empty audience. Not so surprising about this market year is that  buyers are surging right until the end. Lots of inquiries still happening, showings going on and properties finding themselves under agreement this week. Surely it will wain in the next week or so, but this has been a very surprising market year overall. 2019 is almost in the books, and what a year it was! Thank you all for stopping by! See you in 2020!!

At just 3 years old Blossom will melt your heart once you first meet her. This sweetheart is looking for a family that will give her all the cuddles she could ever ask for! She loves going for walks depending on the weather. After a long day of being praised for the good girl she is (tough job), she likes to unwind by snuggling up on a comfy bed and getting some well-deserved beauty sleep. Why not add to the praise she deserves, and walk her today!

Seeking a home with children 12 yrs with no other animals

This "cuddly companion" is available through the NSSPCA, a non profit rescue organization from Halifax, 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

Halifax (HRM) Residential Statistic Update for the Week of Dec 5th - 12th, 2019
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 141 (154, 151, 211, 221) *148
Sold:  114  (149, 141, 157, 174) *113
Sale To Listing Ratio: 81% (97%, 93%, 74%, 79%) *76%
Price Changes: 51 (103, 84, 95, 96) *107
Listings that went conditional/pending: 132 (138, 155, 158, 188)  *84
Expired/Cancelled: 124 (62, 60, 69, 199) *91
Total Active Halifax/Dartmouth Inventory:  2,398 (2,601, 2,657, 2,721, 2,722) +3,469
Absorption Rate in weeks:  17 (17, 17, 17, 17) *32

Single Family Home Stats
Active Single Family Home: 1,202 (1,336, 1,372, 1,437, 1,444) *1,878
Average Single Family Home List Price:  $357,528 ($373k,$381k,$389k,$347k) *$293k
Average Single Family Home Selling Price:  $355,610 ($365k,$371k,$375k,$340k) *$286k
Single Family Home Sale to List Ratio This Week: 99%  (98%, 97% 96%, 98%) *98%
Median Single Family Home List Price (6 mo): $314,900 ($310k,$310k,$310k,$310k)*$284k
​Median Single Family Home Sold Price (6 mo):$307,900 ($305k,$305k,$304k,$305k)*$279k
Average Days on Market Single Family Home: 89 (66, 66, 83, 66) *93

Condo Stats
Active Condos:  177 (187, 195, 194, 190) *279
Average Condo Listing Price:  $285,204 ($292k, $240k, $239k, $225k) *$288k
Average Condo Selling Price: $280,459 ($290k, $234k, $232k, $224k) *$279k
Condo Sale to List Ratio This Week: 98% (99%, 98%, 97%, 99%) 96%
Median Condo List Price (6 mo): $242,900 ($245k, $249k, $248k, $250k$234k
Median Condo Sold Price (6 mo): $236,610 ($239k, $239k, $239k, $240k) *$225k
Average Days on Market Condos: 29 (35, 57, 57, 46) *119

Active Vacant Lots: 841 (874, 880, 878, 868) *1,015

Market Rant
What a drop! Over 200 units vacated the market in their respective ways this week, as the inventory woes continue. As mentioned in previous posts, this time of year usually trends to the lowest levels of inventory all year, but it just seems this year is being helped by the above average buyer activity and below average listing contributions, so it's lower faster. Sales were decent this week, but pretty much on par with last year at this time, keeping in mind the two markets are still quite different from each other. Things are selling faster, the values overall are substantially higher, and things like the days on market and expired/cancelled listings tend to be fewer (of course this week contradicts that statement, but in the last several weeks it has reported noticeably lower). This week and the coming week should be the final stamps on the 2019 market year, as the following days seem to fall into holiday mode. No doubt there will still be activity right down the end of the year, it has been a year of several firsts, so why not? I just wonder what will be in for us in the new year if things continue the way they did this year. With all time low vacancy rates and limited inventory for sale, buyers will certainly have their work cut out for them in 2020 if we have a repeat year. Only time will tell, so make sure to stay tuned to the blog to stay on top of the Halifax real estate market! Thanks for stopping by! 

From the NSSPCA Facebook Page:

SPCA Enforcement Officers spent 4 hours rescuing 35 dogs from a puppy mill. One of the largest dog seizures in Nova Scotia -- ever. 💔

You can imagine life in a puppy mill. The animals are withdrawn and broken, dirty and scared. 

Although our resources are stretched, we couldn’t leave the dogs for winter. We put up emergency infrastructure and are providing vet treatment, extensive care, and food for many hungry bellies. 🐾 Because of their emotional trauma and medical needs, we estimate it will cost $20 a day, per dog on their long road to recovery.

Will you be their hero?

Make a gift at https://www.canadahelps.org/en/dn/m/44936/donation ⬅️

You can change their story of heartbreak into one of hope by donating today. Thank you for your compassionate support!

P.S. If you donate to their care, you will receive personal updates as a thank you for your gift. 💙

*The dogs are very scared and require intense rehabilitation to assess their future needs. We will not be accepting visitors until the appeal window has elapsed. Adoptions are not being considered at this time.*


More info about these guys 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!

Halifax (HRM) Residential Statistic Update for the Week of Nov 28th -  Dec 5th, 2019
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 197 (154, 151, 211, 221) *146
Sold:  141  (149, 141, 157, 174) *114
Sale To Listing Ratio: 72% (97%, 93%, 74%, 79%) *78%
Price Changes: 91 (103, 84, 95, 96) *76
Listings that went conditional/pending: 133 (138, 155, 158, 188)  *96
Expired/Cancelled: 219 (62, 60, 69, 199) *208
Total Active Halifax/Dartmouth Inventory:  2,483 (2,601, 2,657, 2,721, 2,722) +3,493
Absorption Rate in weeks:  17 (17, 17, 17, 17) *34

Single Family Home Stats
Active Single Family Home: 1,287 (1,336, 1,372, 1,437, 1,444) *1,886
Average Single Family Home List Price:  $355,844 ($373k,$381k,$389k,$347k) *$330k
Average Single Family Home Selling Price:  $344,437 ($365k,$371k,$375k,$340k) *$310k
Single Family Home Sale to List Ratio This Week: 97%  (98%, 97% 96%, 98%) *97%
Median Single Family Home List Price (6 mo): $314,900 ($310k,$310k,$310k,$310k)*$285k
​Median Single Family Home Sold Price (6 mo):$307,900 ($305k,$305k,$304k,$305k)*$280k
Average Days on Market Single Family Home: 74 (66, 66, 83, 66) *70

Condo Stats
Active Condos:  170 (187, 195, 194, 190) *289
Average Condo Listing Price:  $235,158 ($292k, $240k, $239k, $225k) *$277k
Average Condo Selling Price: $227,482 ($290k, $234k, $232k, $224k) *$262k
Condo Sale to List Ratio This Week: 97% (99%, 98%, 97%, 99%) 95%
Median Condo List Price (6 mo): $242,900 ($245k, $249k, $248k, $250k$230k
Median Condo Sold Price (6 mo): $236,900 ($239k, $239k, $239k, $240k) *$225k
Average Days on Market Condos: 53 (35, 57, 57, 46) *84

Active Vacant Lots: 836 (874, 880, 878, 868) *1,011

Market Rant
After making the 1000 unit listing spread from this year to last official last month, we have been hovering around that gap ever since! Although there was a significant weekly loss to both single family homes and condo's, the overall reduction wasn't felt as badly as those numbers reported. The impact was slightly cushioned by the new weekly additions, but there was still a decent showing of overall market shrinkage given the time of year and annual trend. Buyer activity is still in full swing, and despite being lower than we are used to seeing, it is still elevated for this time of year. I have a pretty good feeling that this year will really push right until the end of December, but also question the current path and when there will be too much of swing in the market to make it unviable for buyers. This year was already a challenge for most buyers in most areas, so just looking at how far off we are from the stats of last year should indicate just how quickly things can change. Imagine we increase that inventory spread by another 1000 units by this time next year, that leaves a measly 1,500 units for sale in the entire HRM. If momentum picks up, we could see those units melt away even more, which might leave Halifax in a real pickle. Only time, and the numbers will tell, so make sure to keep on top of things by tuning into the blog! Thanks for stopping by! 

Chico is an affectionate boy once he trust you. He is partial to the ladies and has a calm disposition. Chiko is playful, loves to eat and can be fearful and guarded until he trust you and feels safe. He was living with young children and a amstaff. With treats, he will approach and seems curious.When outdoors, he allows you to touch him but remains suspicious. Chiko does not seems to like the other dogs but was living w/ another dog and he is being fostered with a little schnauzer mix! More updates to come as he settles in. Amicable w/ other pets. 

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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!

Halifax (HRM) Residential Statistic Update for the Week of November 21st - 28th, 2019
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 154 (151, 211, 221, 195) *191
Sold:  149  (141, 157, 174, 153) *98
Sale To Listing Ratio: 97% (93%, 74%, 79%, 79%) *67%
Price Changes: 103 (84, 95, 96, 142) *73
Listings that went conditional/pending: 138 (155, 158, 188, 183)  *109
Expired/Cancelled: 62 (60, 69, 199, 83) *75
Total Active Halifax/Dartmouth Inventory:  2,601 (2,657, 2,721, 2,722, 2,788) +3,622
Absorption Rate in weeks:  17 (17, 17, 17, 18) *35

Single Family Home Stats
Active Single Family Home: 1,336 (1,372, 1,437, 1,444, 1,484) *1,975
Average Single Family Home List Price:  $373,224 ($381k,$389k,$347k,$352k) *$342k
Average Single Family Home Selling Price:  $364,652 ($371k,$375k,$340k,$344k) *$335k
Single Family Home Sale to List Ratio This Week: 98%  (97% 96%, 98%, 98%) *98%
Median Single Family Home List Price (6 mo): $309,900 ($310k,$310k,$310k,$310k)*$286k
​Median Single Family Home Sold Price (6 mo):$305,000 ($305k,$304k,$305k,$305k)*$280k
Average Days on Market Single Family Home: 66 (66, 83, 66, 58) *82

Condo Stats
Active Condos:  187 (195, 194, 190, 184) *333
Average Condo Listing Price:  $291,981 ($240k, $239k, $225k, $266k) *$241k
Average Condo Selling Price: $289,702 ($234k,$232k, $224k, $259k) *$235k
Condo Sale to List Ratio This Week: 99% (98%, 97%, 99%, 98%) 98%
Median Condo List Price (6 mo): $245,000 ($249k, $248k, $250k, $250k) $230k
Median Condo Sold Price (6 mo): $238,750 ($239k, $239k, $240k, $240k) *$225k
Average Days on Market Condos: 35 (57, 57, 46, 67) *64

Active Vacant Lots: 874 (880, 878, 868, 897) *1,031

Market Rant
And just like that, another market month is in the books. Generally a slow month year to year, November this year decided to change a few things and really prove this current market climate has some legs. The inventory hits keep on coming with another decent week of reductions, but this annual trend will continue until it hits the the floor at the end of December, so this is not out of the ordinary. The question is, will it get back up again in the new year, or will it stay down for the count? If we have another year like this year in 2020, things could get get quite dicey for buyers. It was already challenging enough for buyers to find an option this year, with many areas seeing prices skyrocketing over multi-offer situations (something that Halifax is generally not as susceptible as the big markets tend to be), and the rock bottom vacancy rate compounded the issue. Woes that are likely to continue into the new year if things don't start changing sometime soon, I mean, just look at that sales to list ratio again this week. I think we will get a really good idea of how the market will perform right out of the gate next year. January usually sets the signal fire for listings to come to market and give notice to buyers that the search must press on. We will have to wait to see which way the scales tip in the new year, and the blog will have you covered with updates as things go! Thanks for stopping by! 

Up to date on vaccines + Bordetella Dewormed. Up to date on Flea and tick medications. 60lbs + (low weight) Very friendly with people. Energetic and attentive Loves the water, loves to play ball Not recommended with young kids due to food obsession. Good on leash. Not good with small dogs noted prey drive. Not good with unneutered male dogs nor dominant males. Good with female dogs. House trained Knows basic commands: sit, shake, laydown and roll over.

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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!

Halifax (HRM) Residential Statistic Update for the Week of November 14th - 21st, 2019
(Previous weeks numbers in brackets)
*Previous Year's Stats​

Total Market
New/Back to Market Listings: 151 (211, 221, 195, 262) *167
Sold:  141  (157, 174, 153, 172) *104
Sale To Listing Ratio: 93% (74%, 79%, 79%, 66%) *62%
Price Changes: 84 (95, 96, 142, 137) *113
Listings that went conditional/pending: 155 (158, 188, 183, 204)  *128
Expired/Cancelled: 60 (69, 199, 83, 75) *96
Total Active Halifax/Dartmouth Inventory:  2,657 (2,721, 2,722, 2,788, 2,902) +3,645
Absorption Rate in weeks:  17 (17, 17, 18, 18) *34

Single Family Home Stats
Active Single Family Home: 1,372 (1,437, 1,444, 1,484, 1,555) *1,990
Average Single Family Home List Price:  $380,996 ($389k,$347k,$352k,$339k) *$320k
Average Single Family Home Selling Price:  $371,238 ($375k,$340k,$344k,$333k) *$310k
Single Family Home Sale to List Ratio This Week: 97%  (96%, 98%, 98%, 98%) *97%
Median Single Family Home List Price (6 mo): $309,900 ($310k,$310k,$310k,$310k)*$285k
​Median Single Family Home Sold Price (6 mo):$304,950 ($304k,$305k,$305k,$305k)*$280k
Average Days on Market Single Family Home: 66 (83, 66, 58, 65) *85

Condo Stats
Active Condos:  195 (194, 190, 184, 193) *338
Average Condo Listing Price:  $239,900 ($239k, $225k, $266k, $273k) *$221k
Average Condo Selling Price: $234,000 ($232k, $224k, $259k, $276k) *$216k
Condo Sale to List Ratio This Week: 98% (97%, 99%, 98%, 98%) 98%
Median Condo List Price (6 mo): $248,500 ($248k, $250k, $250k, $250k) $231k
Median Condo Sold Price (6 mo): $239,000 ($239k, $240k, $240k, $240k) *$225k
Average Days on Market Condos: 57 (57, 46, 67, 72) *57

Active Vacant Lots: 880 (878, 868, 897, 918) *1,034

Market Rant
Another week of below average new listing additions, which is doing wonders for the sales to list ratio since sales are still putting up solid numbers. This activity has also kept the absorption rate holding fast to 17 weeks, which is a stat that is usually considerably higher this time of year. Just look at the difference from this time last year to now, pretty impressive. Inventory continues to plummet, and buyers activity is showing no sign of slowing down either, so the expectation is that this activity will continue to push right up until the holiday season. Sale values continues to surprise as well, and reports remarkably above average from week to week of late. The six month median home prices, the real gauge of value increase/decline, is also reporting well above last years margins and is likely one of the most significant increases in such a short amount of time that Halifax has seen in a very long time. Days on market are fewer, prices changes less, and so too the listings that cancelled or expired. All signs that things are still favouring Sellers, so it makes you wonder when the turn will happen for Buyers. For now, though, we will wait out the current Sellers market in anticipation. Make sure to stay tuned to the blog to stay informed and up to date will all things Halifax Real Estate! 

Meet Tasca! Staffy X Female 8-12 months old spay + microchip Vaccinated (Rabies + Bordetella) + Advantage Multi 100. Barks in her kennel when she sees people, she’s excited and happy. Well socialized with people. A wiggle butt. Sensitive to her rear area. No food aggression. Takes treats roughly. Playful with dogs. Excited, hard to calm down, jumps on people, nibbles a little bit, learns fast. Shares her toys. 

Sudden movements: Thinks it’s a game. Nibbles when you grab her Knows basic command: sit Pulls on leash Unknown with kids High energy level Playful during vet exam Very motivated with treats. Healthy.

This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, 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!