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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 355 (368, 272, 251, 250) *350 Sold: 223 (206, 183, 201, 245) *245 Sale To Listing Ratio: 63% (56%, 67%, 80%, 98%) *70% Price Changes: 57 (38, 43, 35, 39) *141 Listings that went conditional/pending: 269 (259, 207, 223, 204) *287 Expired/Cancelled/Withdrawn: 44 (50, 50, 27, 40) *39 Total Active Halifax/Dartmouth Inventory: 1,102 (1,054, 978, 950, 971) +2,068 Absorption Rate in weeks: 5 (5, 4, 4, 3) *10 Single Family Home Stats Active Single Family Home: 435 (391, 352, 325, 350) *1,074 Average Single Family Home List Price: $420,074 ($448k,$460k,$433k,$453k) *$363k Average Single Family Home Selling Price: $481,650 ($505k,$515k,$490k,$508k) *$363k Single Family Home Sale to List Ratio This Week: 115% (113%,112%,113%,112%) *100% Median Single Family Home List Price (6 mo): $385,000 ($386k,$385k,$385k,$380k)*$328k Median Single Family Home Sold Price (6 mo):$430,000 ($429k,$425k,$425k,$415k)*$325k Average Days on Market Single Family Home: 16 (12, 21, 12, 14) *38 Condo Stats Active Condos: 90 (90, 83, 80, 78, 74) *165 Average Condo Listing Price: $348,672 ($324k, $353k, $378k, $424k) *$295k Average Condo Selling Price: $372,201 ($357k, $385k, $391k, $436k) *$295k Condo Sale to List Ratio This Week: 107% (110%, 109%, 103%, 103%) 100% Median Condo List Price (6 mo): $318,950 ($323k, $320k, $319k, $305k) *$274k Median Condo Sold Price (6 mo): $345,000 ($349k, $345k, $339k, $325k) *$273k Average Days on Market Condos: 13 (7, 12, 42, 13) *17 Active Vacant Lots: 442 (447, 428, 425, 420) *676 Market Rant Another week of inventory gain, could it be? For the second week in a row, Halifax is reporting a solid property gain to the market, which was to be expected since restrictions have loosened. What was unexpected however, was the lack of buyer interest. The stats may be pointing to a sustained sellers market environment, however, there seems to be a bit of wind let out of the sails of said market, causing a bit of confusion for some, especially sellers. Of course, pending sales were solid again this week and sales also reported well, but for those in the trenches of this market, it just feels a bit different in the last couple of weeks. Good news for any buyers left that still want to get in, not so much for sellers looking to maximize their profits. I did also mention in previous posts that I predicted this lull would be brief while the border restrictions were sorted out, but now the question is will it return. Values across the board are still excellent, but they too hit a bit of a lull this week, reporting a touch lower than the current average for single family homes. Still, the market remains a lion, perhaps a napping lion at the moment, but surely that will change in the coming weeks. There are already rumours that some of the other big markets, like Ontario, are potentially seeing a cooling in their market, so it's not too much of a stretch to think that all markets are susceptible to taking a break, one that sellers are surely hoping isn't a long one. One can only wait and see, so be sure to stay on top of things by tuning into the blog to keep up to date with all things Halifax real estate! The Weekly "Adogtable" Hola Amigos! I’m Thor, a handsome four-year-old 60 lb Labrador-Mastiff mix from Mexico! My rescuers found me abandoned in a park in Puebla after having been attacked and wounded by another dog. I can’t believe how lucky I am now to be in Nova Scotia and so close to finding my FUR-ever family! If you’re looking for a big snuggle bug that’s likes to play, look no further! I LOVE to cuddle and get pats, but I also LOVE to play (especially tug and ball chasing) and go on walks. Speaking of walks, I’m still learning how to behave properly on a leash; I have a tendency to pull and occasionally jump up on cars when I see my reflection. Since I do enjoy my my walks, it would be beneficial for my FUR-ever family to help me learn proper leash manners so that we can both enjoy long walks together! I’m very friendly with all the people I meet, but I can get a little bit too excited and try to jump on them. I also started to guard my foster mom from the kids, they are 13, 15, and 17. I have been responding to correction well with this issue but because of this i think I'd be happiest with adults only. I haven’t had a lot of experience with other dogs since I’ve been in the Maritimes, but my rescuers thought that I could do well in a home with female dogs my size. I met a few dogs who were off leash at the beach and I was indifferent to them. In terms of cats, I do not have any experience living with them, but I’m definitely keen to chase them if I see one, so it would probably be best if I didn’t have feline siblings. Housebreaking, indoor manners and basic obedience are all still a work in progress, but I am very eager to please! I have finally figured out if I tell them I have to go they will let me out! I am also compelled to try and eat pretty much everything, that includes things on tables and counter tops, so a properly dog-proofed home would be safest for us all. I’ve learned how to “sit” but am still working on other commands. I’m not too keen on being left home alone and can get into mischief (my foster mom caught me stealing a peanut butter jar off the table…). I do, however, love to go for car rides, so I’d love to come with you on your errands and adventures! All in all, I do have some training needs, but I know that if my FUR-ever family is patient and consistent with me that I will learn everything I need to know! I promise to keep you motivated with endless cuddles! Are you my forever family? My adoption fee is a $350 donation to help save more dogs like me. I am neutered, vaccinated, microchipped, and I have all my doggy papers to come home to you! I also come with 6 weeks of pet insurance! You can apply for me at https://www.salcars.ca/adopt 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: 368 (272, 251, 250, 251) *282 Sold: 206 (183, 201, 245, 303) *220 Sale To Listing Ratio: 56% (67%, 80%, 98%, 121%) *78% Price Changes: 38 (43, 35, 39, 39) *89 Listings that went conditional/pending: 259 (207, 223, 204, 267) *302 Expired/Cancelled/Withdrawn: 50 (50, 27, 40, 43) *48 Total Active Halifax/Dartmouth Inventory: 1,054 (978, 950, 971, 880) +2,041 Absorption Rate in weeks: 5 (4, 4, 3, 3) *12 Single Family Home Stats Active Single Family Home: 391 (352, 325, 350, 290) *1,068 Average Single Family Home List Price: $447,897 ($460k,$433k,$453k,$446k) *$371k Average Single Family Home Selling Price: $504,659 ($515k,$490k,$508k,$494k) *$372k Single Family Home Sale to List Ratio This Week: 113% (112%,113%,112%,111%) *100% Median Single Family Home List Price (6 mo): $385,900 ($385k,$385k,$380k,$380k)*$327k Median Single Family Home Sold Price (6 mo):$429,000 ($425k,$425k,$415k,$415k)*$325k Average Days on Market Single Family Home: 12 (21, 12, 14, 21) *61 Condo Stats Active Condos: 90 (83, 80, 78, 74, 90) *161 Average Condo Listing Price: $323,760 ($353k, $378k, $424k, $378k) *$262k Average Condo Selling Price: $356,890 ($385k, $391k, $436k, $397k) *$261k Condo Sale to List Ratio This Week: 110% (109%, 103%, 103%, 105%) 99% Median Condo List Price (6 mo): $322,450 ($320k, $319k, $305k, $305k) *$275k Median Condo Sold Price (6 mo): $348,500 ($345k, $339k, $325k, $325k) *$275k Average Days on Market Condos: 7 (12, 42, 13, 16) *24 Active Vacant Lots: 447 (428, 425, 420, 406) *675 Market Rant Took awhile, but we have finally crested the 1,000 unit mark with the inventory, and as predicted, the back end of the lockdown sees an explosion of new listings to pump those numbers up! Still, almost 50% less than last year at this time, but it's definitely a step in the right direction. Single family homes experienced the biggest gain, but vacant lots had a good showing especially given the product availability ratios. Sales were a bit down this week, but this is a dragging stat, so the sales reported this week were likely lower due to the lockdown. One of the stats that can be measured week to week is the pending sales, which saw a sharp spike in the northern direction as people stretch their legs and get back to the property shop. Expect this to activity to sustain in the coming weeks, as well an increase to the overall inventory in all tracked products. The prediction is that we will see a late Spring market, one that would usually be cooling by this point but was stunted due to the restrictions. Still not tapped back into the out of province buyer stream yet, as border restrictions still loom, but they too will be coming to an end soon. So, for local buyers, now might be your chance! The paused listings from the lockdown will be flooding to market over the next few weeks, and out of town buyers are being held at bay for a little longer, perhaps lending an opening and chance to get in! Things are still rapidly changing, so keep tuned into the blog to stay on top of all things Halifax Real Estate! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Allie is a sweet girl with an abundance of energy! She has never been around cats, and while she has met a few dogs and has played with a few before, she has begun resource guarding furniture and some items by growling when another dog comes near. This behavior has not been shown towards people. Allie is currently reactive on leash to strange dogs and strangers, although once she meets you she is affectionate and playful. Allie loves to be the center of attention and snuggle with her humans. She is OK with kids, but will need to assess this further to determine age limitations. Allie is crate trained, and is learning to not pull so hard on a harness for her walks. Allie has not exhibited any anxious or destructive behaviors. 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: 272 (251, 250, 251, 261) *335 Sold: 183 (201, 245, 303, 269) *186 Sale To Listing Ratio: 67% (80%, 98%, 121%, 103%) *54% Price Changes: 43 (35, 39, 39, 42) *91 Listings that went conditional/pending: 207 (223, 204, 267, 264) *280 Expired/Cancelled/Withdrawn: 50 (27, 40, 43, 79) *96 Total Active Halifax/Dartmouth Inventory: 978 (950, 971, 880, 917) +2,095 Absorption Rate in weeks: 4 (4, 3, 3, 3) *14 Single Family Home Stats Active Single Family Home: 352 (325, 350, 290, 320) *1,120 Average Single Family Home List Price: $460,443 ($433k,$453k,$446k,$427k) *$377k Average Single Family Home Selling Price: $515,205 ($490k,$508k,$494k,$480k) *$377k Single Family Home Sale to List Ratio This Week: 112% (113%,112%,111%,112%) *100% Median Single Family Home List Price (6 mo): $385,000 ($385k,$380k,$380k,$380k)*$325k Median Single Family Home Sold Price (6 mo):$425,000 ($425k,$415k,$415k,$415k)*$325k Average Days on Market Single Family Home: 21 (12, 14, 21, 12) *11 Condo Stats Active Condos: 83 (80, 78, 74, 90, 101) *165 Average Condo Listing Price: $353,195 ($378k, $424k, $378k, $336k) *$263k Average Condo Selling Price: $385,389 ($391k, $436k, $397k, $369k) *$258k Condo Sale to List Ratio This Week: 109% (103%, 103%, 105%, 110%) 98% Median Condo List Price (6 mo): $319,900 ($319k, $305k, $305k, $305k) *$274k Median Condo Sold Price (6 mo): $344,900 ($339k, $325k, $325k, $325k) *$273k Average Days on Market Condos: 12 (42, 13, 16, 27) *36 Active Vacant Lots: 428 (425, 420, 406, 403) *675 Market Rant Annnnnd we're back! With restrictions being eased, we have and will continue to see a climb in the inventory for at least the next few weeks (hopefully). Demand is still high however, so perhaps supply will be muffled by the bulk of buyers currently out there, dampening the impact. Some sellers decided to wait until now to list, just to keep the foot traffic lower and to tap into more buyers once the lockdown had ended, so I imagine there will be lots of options to divide the groups of buyers and give them a better chance at locking something up shortly. That is the hope for buyers anyways! Last week wasn't a great week for sales, but that could be because of the lockdown and the lack of availability out there, which reported sub 200 units for the first time in months! I don't imagine that to stay down though, especially now that things are starting to get back to business. Time to turn things around, so stay tuned to the blog to stay on top of the rapidly changing market! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" My name is Chandler and I am a 4 year old, 45lbs collie mix boy. I came from Texas a few weeks ago and after settling into my foster home I'm ready to find my forever home! On average, it takes 100 shares and 100 likes for a dog to find a home! Please share my story so my forever family will find me! I have really enjoyed being around dogs of all sizes since coming here! I tend to play follow the leader with them all around the house and really rely on them for guidance. I think having a friendly pup in my forever home would be very helpful! I have met a few kitties and really paid no attention to them. I haven't met any kids and because of my timidness I think my ideal home would be adults only with more of a low key lifestyle. The more things going on, the more I feel the need to pay attention to; which can get overwhelming. I was a little unsure walking around the neighborhood at first but after a few trips around I started to feel more comfortable. I wear my harness and am double leashed when we go for walks, foster mom said I walk very nicely 🙂 I like to chew on bones, watch TV and hang around just relaxing. I'm more a medium energy kind of guy. I love watching everything going on in the house and in addition to the dogs, I will also follow you from room to room to make sure I'm not missing out on anything. Walking through doorways at first scared me but, with some encouragement to walk through, slowly I figured them out. Once I'd go through a few times, the hallways became my cat walk and now I prance through no problem! Although I will follow you around, I do also keep my distance. I am a shy boy and it takes me a little more time than others to gain trust. Don't get me wrong I love a good scratch under the chin and pat on the head but just give me some time! When left alone, I will paw at the door, whimper and let out some barks but will settle. I have behaved like a gentlemen when left out, and have not chewed on anything so I'd talk prefer not to be crated. Good news for you! I am a dog and alarm clock all in one! Once I memorize your daily routine, mornings are started with my big eyes, wet nose and wagging tail, inching my way up to your face. I get very excited to start my day with a bowl of food and a nice walk. When being fed I will sometimes wander off but a little reminder and I will come back and finish up. I am also so gentle and friendly with other dogs. If one comes along, I will kindly move out of the way to allow any other dog in to finish my meal. The humans keep giving me toys and im not quite sure what they want me to do with them. I can be picky with treats but do enjoy loving words of encouragement and they help me build my confidence as well. I also learn quite quickly if you correct me for something I've done wrong, I just want to make you happy! When getting into the car, I can be skeptical at first. I do best when my humans cheer me on and walk confidently up to it, then most times I will jump right in. On these rides I am a very good boy, sitting calmly and quietly in the back, taking in all the sights. Are you my forever family? My adoption fee is a $350 donation to help save more dogs like me. I am neutered, vaccinated, microchipped, and I have all my doggy papers to come home to you! I also come with 6 weeks of pet insurance! You can apply for me at https://www.salcars.ca/adopt 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 4(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 251 (250, 251, 261, 296) *320 Sold: 201 (245, 303, 269, 301) *161 Sale To Listing Ratio: 80% (98%, 121%, 103%, 102%) *53% Price Changes: 35 (39, 39, 42, 59) *66 Listings that went conditional/pending: 223 (204, 267, 264, 346) *242 Expired/Cancelled/Withdrawn: 27 (40, 43, 79, 48) *31 Total Active Halifax/Dartmouth Inventory: 950 (971, 880, 917, 994) +2,132 Absorption Rate in weeks: 4 (3, 3, 3, 3) *16 Single Family Home Stats Active Single Family Home: 325 (350, 290, 320, 364) *1,130 Average Single Family Home List Price: $432,664 ($453k,$446k,$427k,$419k) *$383k Average Single Family Home Selling Price: $490,126 ($508k,$494k,$480k,$477k) *$377k Single Family Home Sale to List Ratio This Week: 113% (112%,111%,112%,114%) *98% Median Single Family Home List Price (6 mo): $384,900 ($380k,$380k,$380k,$380k)*$325k Median Single Family Home Sold Price (6 mo):$425,000 ($415k,$415k,$415k,$411k)*$320k Average Days on Market Single Family Home: 12 (14, 21, 12, 14) *67 Condo Stats Active Condos: 80 (78, 74, 90, 101) *165 Average Condo Listing Price: $377,486 ($424k, $378k, $336k, $280k) *$266k Average Condo Selling Price: $391,544 ($436k, $397k, $369k, $348k) *$264k Condo Sale to List Ratio This Week: 103% (103%, 105%, 110%, 124%) 99% Median Condo List Price (6 mo): $318,900 ($305k, $305k, $305k, $303k) *$269k Median Condo Sold Price (6 mo): $338,850 ($325k, $325k, $325k, $325k) *$263k Average Days on Market Condos: 42 (13, 16, 27, 10) *23 Active Vacant Lots: 425 (420, 406, 403, 412) *699 Market Rant After a surprising amount of inventory gain last week, we get back to the downward trending lockdown blues. Wouldn't be so noticeable if the overall inventory was higher, but with so few options out there at the moment, listing supply variations are being laser focused on (even if small). New listings have averaged around the 250 mark since the beginning of the lockdown, which is substantially lower than before it, and sales continue to slide downwards likely due to the lack of options. Buyer activity is still surprisingly busy, and actually increased a touch this week with 223 properties receiving and accepting offers. Again, much lower than pre-lockdown, but still quite solid for being in a lockdown and the lack of supply. Solid value report again this week, and it does appear that the trend is the same as the last lockdown as listing prices and sales continue their upward climb. Speaking of upward climbs, both condo and SFH 6 month median list/sale ratio's had their largest increase in months and have set new record heights this week. This pattern will likely continue for the foreseeable future, but the big question is when will it cap? Big note from the week was the change in the absorption rate. After a long stretch of a record low 3 weeks, there was an increase this week to 4 months. This is a significant number since the higher it goes, the cooler the market will get for sellers, and even a slight increase can signal a change on the way. Now, it's only one week, but this will be the stat to watch in the coming weeks to see where we go post lockdown. Still, the market is in great shape for only essential activity happening, I can only imagine what things will look like on the other side of it! Only time will tell, so stay tuned to the blog to stay on top of the rapidly changing market! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Hola Amigos! I’m Thor, a handsome four-year-old 60 lb Labrador-Mastiff mix from Mexico! My rescuers found me abandoned in a park in Puebla after having been attacked and wounded by another dog. I can’t believe how lucky I am now to be in Nova Scotia and so close to finding my FUR-ever family! If you’re looking for a big snuggle bug that’s also full of energy, look no further! I LOVE to cuddle and get pats, but I also LOVE to play (especially tug and ball chasing) and go on long walks. It’s really important that my FUR-ever family is active because I need a healthy balance of physical and mental exercise to stay happy and well-behaved. Speaking of walks, I’m still learning how to behave properly on a leash; I have a tendency to pull and occasionally jump up on cars when I see my reflection. Since it is so important that I get my exercise, my FUR-ever family is going to need to be willing to take the time to teach me proper leash manners so that we can both enjoy long walks together! I’m very friendly with all the people I meet, but I can get a little bit too excited and try to jump on them. For this reason, my foster family thinks that I would do best in a home without young children. I haven’t had a lot of experience with other dogs since I’ve been in the Maritimes, but my rescuers thought that I could do well in a home with female dogs my size. In terms of cats, I do not have any experience living with them, but I’m definitely keen to chase them if I see one, so it would probably be best if I didn’t have feline siblings. Housebreaking, indoor manners and basic obedience are all still a work in progress, but I am very eager to please! I’m still having accidents in my foster home and haven’t yet figured out how to ask to go outside (though I do sometimes walk to the door). I am also compelled to try and eat pretty much everything, that includes things on tables and counter tops, so a properly dog-proofed home is a must. I’ve learned how to “sit” but can be easily distracted by my excitement. So, clearly my FUR-ever family is going to need to be patient and consistent with my training, but don’t worry my foster family told me that I am smart and already showing good progress! I’m not too keen on being left home alone and can get into mischief (my foster mom caught me stealing a peanut butter jar off the table…). I do, however, love to go for car rides, so I’d love to come with you on your errands and adventures! All in all, I do have some training needs, but I know that if my FUR-ever family is patient and consistent with me that I will learn everything I need to know! I promise to keep you motivated with endless cuddles! Are you my forever family? My adoption fee is a $350 donation to help save more dogs like me. I am neutered, vaccinated, microchipped, and I have all my doggy papers to come home to you! I also come with 6 weeks of pet insurance! You can apply for me at https://www.salcars.ca/adopt 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: 250 (251, 261, 296, 378) *251 Sold: 245 (303, 269, 301, 296) *132 Sale To Listing Ratio: 98% (121%, 103%, 102%, 78%) *53% Price Changes: 39 (39, 42, 59, 60) *61 Listings that went conditional/pending: 204 (267, 264, 346, 358) *195 Expired/Cancelled/Withdrawn: 40 (43, 79, 48, 44) *38 Total Active Halifax/Dartmouth Inventory: 971 (880, 917, 994, 1,031) +2,115 Absorption Rate in weeks: 3 (3, 3, 3, 4)*17 Single Family Home Stats Active Single Family Home: 350 (290, 320, 364, 407) *1,039 Average Single Family Home List Price: $453,045 ($446k,$427k,$419k,$413k) *$377k Average Single Family Home Selling Price: $507,646 ($494k,$480k,$477k,$463k) *$373k Single Family Home Sale to List Ratio This Week: 112% (111%,112%,114%,112%) *99% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k)*$324k Median Single Family Home Sold Price (6 mo):$415,000 ($415k,$415k,$411k,$401k)*$320k Average Days on Market Single Family Home: 14 (21, 12, 14, 20) *63 Condo Stats Active Condos: 78 (74, 90, 101, 106) *153 Average Condo Listing Price: $424,278 ($378k, $336k, $280k, $329k) *$275k Average Condo Selling Price: $435,582 ($397k, $369k, $348k, $355k) *$270k Condo Sale to List Ratio This Week: 103% (105%, 110%, 124%, 108%) 99% Median Condo List Price (6 mo): $304,900 ($305k, $305k, $303k, $310k) *$265k Median Condo Sold Price (6 mo): $325,000 ($325k, $325k, $325k, $325k) *$260k Average Days on Market Condos: 13 (16, 27, 10, 11)*68 Active Vacant Lots: 420 (406, 403, 412, 397) *693 Market Rant Just when you think things are looking worse for buyers out there, a big dump of inventory hit the market this week with one of the largest gains in one week that we have seen in months. Single family homes and vacant land are the largest contributors to the increase, with condos tossing in a small addition to the pile. No obvious reason for the increase really. There was a good amount of listings that went active this week, as well as sales, but the big note was the buyer activity with only 204 listings under agreement this week, which is definitely down since the start of the lockdown and the lowest we have seen in months. Perhaps the border restrictions and non-essential movement request has slowed the market, which seemed quite immune to the lockdown in previous weeks but as I mentioned in a previous post, it would take a couple weeks for the change to occur since there was residual activity in process when the lockdown occurred. There has been some confusion and disappointment with border restrictions, especially for people who have purchased a home prior to the lockdown but had a closing date during or it. Fortunately, there has been some leeway granted where there was no option for these folks earlier, which definitely seemed like the right play. See HERE for exemptions during this time. Still, the market is in great shape for only essential activity happening, I can only imagine what things will look like on the other side of it! Only time will tell, so stay tuned to the blog to stay on top of the rapidly changing market! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Howdy y’all! I’m Becky, a 2-3 yr old, 43 lb boxer mix gal from Texas! My rescuers found me abandoned on a busy road in poor condition, covered in ticks and mange, but despite this I’ve stayed happy as a clam at high tide and am SO EXCITED to find my FUR-ever home here, in Atlantic Canada! I currently live with my foster mom, dad and older FUR-sister, and we get along just fine! My FUR-sister is really calm and easy-going, but sometimes I wish she would be a little more rambunctious like me. I met the neighbour's dog tucker, he is about 3 times my size but we got on well and we definitely wanted to play! I have only seen cats and kids in passing but I've been a very good girl with my foster family and we agree I would probably be good with older kids. New places bring new smells and I want to discover them all! As a result, I will pull sometimes on my leash, but I’m really good for the most part. I’m also housetrained, though I did have two accidents in my foster home, but they were not my fault (I promise!). My foster family has also been helping me with confidence training and I really like that, so it would be great if my FUR-ever family was willing to continue to teach me new things! I’ve been getting really spoiled in my foster home with delicious treats like banana and dehydrated beef lungs! I’m not a picky eater, I’ve been please with my kibble, but I mostly can’t wait to find out what other delicious treats are out there! I have no problem if someone touches my food or toys when I'm there as well. If you love to cuddle, we will get on well! My foster family has allowed me to sleep in their bed at night, which I enjoy, if you are ok with that. I think I'd rather my forever humans to be home more than, I can't help but whine the whole time if my foster family is somewhere I can't reach them. I haven't touched things I'm not supposed to but those stuffed animals have a harder time staying intact with me. So, if you are looking for a happy-go-lucky, energetic and loving pup to join your family, look no further! I’m ready to (literally) wiggle my way into your heart! Are you my forever family? My adoption fee is a $400 donation to help save more dogs like me. I am spayed, vaccinated, microchipped, and I have all my doggy papers to come home to you! I also come with 6 weeks of pet insurance! You can apply for me at https://www.salcars.ca/adopt 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: 251 (261, 296, 378, 450) *194 Sold: 303 (269, 301, 296, 316) *120 Sale To Listing Ratio: 121% (103%, 102%, 78%, 70%) *62% Price Changes: 39 (42, 59, 60, 60) *70 Listings that went conditional/pending: 267 (264, 346, 358, 363) *169 Expired/Cancelled/Withdrawn: 43 (79, 48, 44, 50) *40 Total Active Halifax/Dartmouth Inventory: 880 (917, 994, 1,031, 1,025) +2,086 Absorption Rate in weeks: 3 (3, 3, 4, 4)*18 Single Family Home Stats Active Single Family Home: 290 (320, 364, 407, 437) *1,099 Average Single Family Home List Price: $445,594 ($427k,$419k,$413k,$434k) *$371k Average Single Family Home Selling Price: $493,959 ($480k,$477k,$463k,$496K) *$369k Single Family Home Sale to List Ratio This Week: 111% (112%,114%,112%,114%) *99% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k)*$320k Median Single Family Home Sold Price (6 mo):$415,000 ($415k,$411k,$401k,$400k)*$320k Average Days on Market Single Family Home: 21 (12, 14, 20, 11) *60 Condo Stats Active Condos: 74 (90, 101, 106, 99) *148 Average Condo Listing Price: $376,797 ($336k, $280k, $329k, $340k) *$255k Average Condo Selling Price: $396,788 ($369k, $348k, $355k, $366k) *$247k Condo Sale to List Ratio This Week: 105% (110%, 124%, 108%, 108%) 97% Median Condo List Price (6 mo): $304,900 ($305k, $303k, $310k, $309k) *$269k Median Condo Sold Price (6 mo): $325,000 ($325k, $325k, $325k, $321k) *$263k Average Days on Market Condos: 16 (27, 10, 11, 66, 30) *54 Active Vacant Lots: 406 (403, 412, 397, 369) *707 Market Rant Well, the inventory continues it's decent this week, but not for the reasons you may think! Sure, there were a few less listings this week causing the sales to list ratio to soar, but instead of properties withdrawing from the market being the main cause of the reduction, it's the sustained buyer pressure that continues to decimate the inventory here in Halifax. There was actually more listings that received and accepted offers this week than last week, which is a bit surprising given the lockdown and the lack of inventory. Average weekly list/sale numbers are up by a lot this week, but the 6 month median list/sales remained relatively unchanged, perhaps indicating a balance on the horizon. The absorption rate is still critically low, and days on market for both tracked products remains incredibly low as well. So we now know that the market will continue to press on, just like the last lockdown, but the question at this point will be what will thing look like on the other end of the lockdown? Will there be a surge of listings who are patiently waiting for it to end, and if so, will they be met with the same bulk of buyers pre-lockdown or have things plateaued to some extent? I have a feeling things will keep surging well into the year, perhaps even into 2022. Still, there are signs that a peak has been reached, or at the least, the climb has slowed significantly from the beginning the the year. Only time will tell, so stay tuned to the blog to stay on top of the rapidly changing market! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" My name is Casper and I am a 2 years old, 25lbs mixed breed boy. I was found as a stray on the streets of Egypt and made my journey to Canada a few weeks ago. I am a very sweet and gentle boy. I am so happy to be in NB and will prance around when I am excited. I absolutely LOVE going out and exploring. I adore going for walks and I do a little happy dance when see my foster mom put on her shoes to go outside. I am very good on a leash. I also love the car but it’s best if I have a seat belt or secure me in some way because I don’t like to stay still! I crawl all over the car to get a view out every window! I even try to escape out the window sometimes! In fact, I am a bit of an escape artist and very sneaky. I will try to sneak out the door if you are not paying attention to me and am always looking for some food to steal off the counter. If I ever need to be tied it’s very important I am on a rope that I can’t chew through as I can chew through a leash in a few seconds! I tolerate baths and am fine being handled but can sometimes be sensitive to being touched on the feet and face. Other times I don’t mind it at all and love getting rubs on the nose. I am still learning to trust people and know that it is safe for people to touch me. I am very friendly but may be a bit nervous when meeting new people but warm up fairly quickly. I am a huge cuddler! I love snuggling on the couch. I will rub myself against my foster mom and dad for pets. I am very good at night. If I need to go out I will scratch and cry in my crate to let you know but I usually sleep through the night without issue! I do like to sleep in the bedroom with my foster parents because I don’t like being alone, and I would love to be able to snuggle in bed with my new owners all night if I am allowed to. I have been very good in my foster home. I have only had one accident so I would say I am fully housetrained now as long as I am able to go outside regularly. I will scratch on the door to go out when I need to go. I do tend to mark my territory when I go into a new place for the first time but once I get settled, I know I need to do my business outside. I have not been destructive at all but am still learning what I am allowed to play with and what I am not allowed to play with in the house. I need a lot of supervision until I get settled. Getting lots of exercise every day keeps me from getting bored and getting in trouble at home. I do have resource guarding tendencies. It is EXTREMELY important that my new home be completely puppy proofed so that there is no access to food or garbage I want to eat. I am fast and sneaky and will find anything that smells good and steal it. And then I won’t give it back! I may growl or bite. Remember I have never had anything valuable to myself in my life and am still learning that I am safe and will get a good meal every day. I am still learning that I don’t need to fight for or protect everything that I can find. I am good at meal time when my fosters give me my meal (because I know that they are giving it to me and aren’t going to take it away) but if I find something and someone tries to take it from me I get very upset. My foster parents are working on this with me and are helping me by practicing “leave it” with some yummy treats so that I will trade what I am not supposed to have for a treat. Pieces of meat or cheese are my favorites. My new home will need to make sure all garbage is out of my reach (in the house, including bathrooms, bedrooms, etc, and in the car), and that no food is ever accessible on the counters or tables, and that my own food is where I can’t see it or access it or I might start guarding that too. Because of this I should live in an adult only home. I am good around kids but it would be too likely for something to get left where I can reach it with kids around. One thing that my foster parents have been doing is keeping me on a leash at all times so that they can pull me away from anything I get into without getting too close if I get cranky. I should only be given toys while under close supervision until my resource guarding improves. I am a very innocent looking guy but can be very feisty if someone is trying to take things from me. I am scared and reactive towards brooms, mops, rakes, dusters, vacuums etc. I may have had a previous bad experience with them. It’s better if I am away when cleaning. I am good with other dogs and am starting to learn to play with my foster siblings. As long as other dogs can respect my space we will get along great! I have not met any kitties but I don't think they'll be ideal for my new home. I would love to go to a home with a parent who is home all day, or at least most of the time. I don’t like Being alone and get very attached to my people. I follow them around everywhere! I am not super active but also not low energy. I still get bursts of puppy energy so an active household who will take me for a walk every day would be best. I am very well behaved when I am tired out! I am a very smart boy. I have learned “sit” but I am still learning my name and other basic commands. I am like a kitty cat and like to jump and climb on everything! I can’t wait to settle in to my forever home. 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: 261 (296, 378, 450, 420) *234 Sold: 269 (301, 296, 316, 239) *112 Sale To Listing Ratio: 103% (102%, 78%, 70%, 60%) *48% Price Changes: 42 (59, 60, 60, 41) *55 Listings that went conditional/pending: 264 (346, 358, 363, 260) *164 Expired/Cancelled/Withdrawn: 79 (48, 44, 50, 57) *104 Total Active Halifax/Dartmouth Inventory: 917 (994, 1,031, 1,025, 988) +2,100 Absorption Rate in weeks: 3 (3, 4, 4, 4)*19 Single Family Home Stats Active Single Family Home: 320 (364, 407, 437, 418) *1,113 Average Single Family Home List Price: $427,314 ($419k,$413k,$434k,$410k) *$359k Average Single Family Home Selling Price: $480,099 ($477k,$463k,$496K,$463k) *$351k Single Family Home Sale to List Ratio This Week: 112% (114%,112%,114%,113%) *98% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k)*$320k Median Single Family Home Sold Price (6 mo):$414,500 ($411k,$401k,$400k,$396k)*$319k Average Days on Market Single Family Home: 12 (14, 20, 11, 11) *61 Condo Stats Active Condos: 90 (101, 106, 99, 90) *152 Average Condo Listing Price: $336,176 ($280k, $329k, $340k, $432k) *$350k Average Condo Selling Price: $369,007 ($348k, $355k, $366k, $453k) *$339k Condo Sale to List Ratio This Week: 110% (124%, 108%, 108%, 105%) 97% Median Condo List Price (6 mo): $304,900 ($303k, $310k, $309k, $300k) *$267k Median Condo Sold Price (6 mo): $325,000 ($325k, $325k, $321k, $316k) *$261k Average Days on Market Condos: 27 (10, 11, 66, 30, 30) *40 Active Vacant Lots: 403 (412, 397, 369, 361) *717 Market Rant Business as usual? Sure, there has been a little bit less activity than usual at this time of the year, but definitely not the amount that I was expecting to say the least. Despite being in a lockdown, a surprising 261 properties listed this week, and even more surprising was the amount of property that received and accepted offers. Higher amount of listings that pulled from the market this week, to be expected with the rising cases, but not as many as one would expect. Still, the overall inventory pile took a heavy hit this week, so no doubt these listings coming to market at this time will still be met with high traffic volumes based on lack of availability alone. Property values continue to surge, but the average sales to list ratio has somewhat balanced. Usually, or at least every year prior to 2020, the sales to list ratio came in around 95%-97% each week. It was one of the more predictable statistics each report. Quickly, the sales to list ratio is just that, a percentage of the list price that a property would sell for. So on average, every year before 2020, property would sell 95-97% of the asking price. Fast forward to today and those averages are flexing between 110%-114% (10-14% over the listing price) for single family homes, and 105%-114% respectively, and this is despite the increase in the prices. So it seems to me, that even though the increase of listing and selling prices continues to march upwards each week, the sales to list ratio has hit an average pace. It seems that buyers have put a cap on what they are willing to overpay for a property, combined with listings coming to market at current market value to set these averages in place. Of course, there will always be the exception, the extremes that no one can predict, and every time I think I've seen the height, there is another to eclipse it. Question is when will this will head in the other direction. Wild west out there right now, so stay tuned to the blog to stay on top of the rapidly changing market! stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Greetings! I'm Hannah! I'm a 6yr old, boxer mix, 55lb affectionate sweetheart. I'm sooo grateful and happy to have been rescued from my street life in Mexico and brought to Canada to live with my foster mom and doggie step sister but now it's time for me to find my furever home. I'm not sure if small dogs or cats are my thing. I haven't met any but they move so quickly and I find that a bit scary, but I'm social and playful with dogs my own size or larger. Sometimes I try to wrestle and play with my foster fur sister, (I've even been seen kissing her on the nose), but she'd rather fetch a ball, so if you have a playmate for me, or an older child who would get down on the floor for a little while and play with a goofy dog, that would be amazing! I'm a very good eater, drinker, and sleeper! I'm calm when I eat, and foster mom has pet me and also taken my kibble away while I'm eating, just to make sure I'll share, which I do! I will sit for a treat, and I'm very gentle when I'm given one. I never try to steal food from my foster mom's plate, nor do I beg. I go outside to do my business as long as I'm reminded. Sometimes I forget I have to hold my bladder until foster mom gets home from work, because I've never had to wait for anyone before. I've improved in that area so much already, and I'm so smart and eager to please, I'm sure I'll be completely potty trained soon. I don't wake up through the night at all unless I hear someone near our house. Then I may growl or bark a bit, but I'm only trying to protect. I sleep in bed with the others, but occasionally I'll find a cozy spot on the couch and fall asleep there instead. Also, I'm not an early riser, so if you like to sleep in, I can do that too! I do like to cuddle with stuffy toys, and I haven't chewed any of my new things, or anything in foster mom's house at all. Foster mom gave me a bath and clipped my nails for me. I was such a good girl and sat back enjoying it. We called it Hannah's Spa Day! I love car rides and will be happy anywhere you want me to sit in your vehicle. I've even sat in a baby's car seat! I will politely wait for you to invite me in, and also tell me when to hop out. I'm just happy to be with my people. Everyone I've met since I've arrived in NS says I'm adorable, polite, and very affectionate. Everyone also loves my big beautiful eyes and my ears! I enjoy the compliments, and reward them with kisses. I really enjoy playing outside with you, but not for too, too long as I also enjoy my beauty rest. I also love moderate walks. Long walks or runs aren't for me. I do extremely well on leash. I stay very close to foster mom except to sniff things or go potty.I'm pretty relaxed, and so happy just to be snuggled, hugged and kissed. It's going to be very difficult for my foster family to say good- bye to me, but they know there is someone perfect just waiting to meet me! If you're looking for a sweet girl who deserves a loving home and lots of snuggles, my foster mom says 'Look No Further'. I'll be here, waiting to meet you so we can start our journey together, paw in hand. Are you my forever family?! 💙 My adoption fee is a $350 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: 296 (378, 450, 420, 402) *166 Sold: 301 (296, 316, 239, 295) *131 Sale To Listing Ratio: 102% (78%, 70%, 60%, 73%) *65% Price Changes: 59 (60, 60, 41, 53) *56 Listings that went conditional/pending: 346 (358, 363, 260, 363) *125 Expired/Cancelled/Withdrawn: 48 (44, 50, 57, 63) *32 Total Active Halifax/Dartmouth Inventory: 994 (1,031, 1,025, 988, 911) +2,135 Absorption Rate in weeks: 3 (4, 4, 4, 4) *19 Single Family Home Stats Active Single Family Home: 364 (407, 437, 418, 347) *1,139 Average Single Family Home List Price: $419,177 ($413k,$434k,$410k,$450k) *$362k Average Single Family Home Selling Price: $477,425 ($463k,$496K,$463k,$500k) *$355k Single Family Home Sale to List Ratio This Week: 114% (112%,114%,113%,111%) *98% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$380k)*$320k Median Single Family Home Sold Price (6 mo):$410,870 ($401k,$400k,$396k,$396k)*$320k Average Days on Market Single Family Home: 14 (20, 11, 11, 26) *45 Condo Stats Active Condos: 101 (106, 99, 90, 90) *154 Average Condo Listing Price: $279,900 ($329k, $340k, $432k, $432k) *$286k Average Condo Selling Price: $348,000 ($355k, $366k, $453k, $453k) *$273k Condo Sale to List Ratio This Week: 124% (108%, 108%, 105%, 105%) 96% Median Condo List Price (6 mo): $303,400 ($310k, $309k, $300k, $300k) *$260k Median Condo Sold Price (6 mo): $325,000 ($325k, $321k, $316k, $310k) *$255k Average Days on Market Condos: 10 (11, 66, 30, 30, 126) *40 Active Vacant Lots: 412 (397, 369, 361, 358) *717 Market Rant After a few weeks of much needed inventory gain (even if marginal), the newest lockdown has reset the overall inventory number to the beginning of the month, once again creating more tension in what was a loosening market. Speaking of the lockdown, it will likely be a couple more weeks until the full impact has been felt in the industry, as the residual activity prior to it concludes, like inspections etc. It was immediately noticed how few listings were coming to market this week however, which meant even less selection for buyers. The new restrictions prior to and post lockdown have really put the chokehold on property traffic, which seems to be the intended result. Still, a shocking number of listings went under agreement this week despite the lockdown, but the anticipation is that the coming week will be a better reflection of the intended result. We shall see! Another surprising stat that didn't change much was the expired/withdrawn pile, which perhaps should have surged with sellers pausing listings etc, but again, only a few days in to the lockdown, so this will also likely change soon. Still, the market persists. The lack of new additions and the surge of sales this week caused an over/under report on the sales to list ratio. The overbidding sales this year are really starting to show each week, and this week was another huge increase to the average list to sale spread. Most notably, we shattered a record this week for the lowest absorption rate ever reported on the blog, and coming in at a staggering 16 weeks fewer than last year at this time. If there was any question on just how volatile things are at the moment, that one key stat is the biggest indicator of our market environment. If it happens like it did last year where listings stayed off the market but buyer activity remained, then then we might see another buyer explosion on the other side of this thing. Only time will tell so stay tuned to the blog to stay on top of the rapidly changing market, stay safe out there, and thanks for stopping by! The Weekly "Adogtable" Hello everyone! My name is Lucky and I’m a 2.5 year old female Belgian Shepherd/Labrador mix. I’m pretty small for my breed, only weighing in at approximately 38lbs. I came from Mexico a few weeks ago and I'm so excited to for my next steps! After experiencing what it’s like to have FUR-siblings, I’d really like it if my FUR-ever home came with one or two of them too. I like having siblings around to look up to, learn from and I think it would definitely benefit me in my training. Wrestling with my FURsister is one of my all time favourite things to do! I’ve met a few small dogs at the dog park and I’m unsure if I like them or not. I haven’t been tested around cats, but as long as they do not get in my face I don’t see it being a problem. I like to play with my foster mom too but sometimes forget to change my play tactics and need to be reminded not to use my teeth/mouth on her arms/hands cause this seems to hurt her human skin. I do not bite hard, more just place my mouth and teeth over her arms and hands but with some training this will not be an issue. It may be best for me to be in a home with older kids as it does take me some time to warm up to new people, therefore I need to be in a home with kids that respect my space and understand that I need to come to them at my own time. I should also mention that fast movements and as I’ve said before loud noises, such as screaming or yelling, might not be the best environment for me because I get scared. Something I learned I really like doing is going for car rides. I must admit I do like to jump around so my foster mom thinks it’s best that I wear a harness and get strapped in for safety reasons. If I'm in the yard I also enjoy digging, I just want to see if there's anything down there! Something I learned I don’t really like is the leash because of my past. I may pull, even with my harness on, but I’m hopeful that with patience and guidance I may come to change this behaviour. I also get frightened when walking by cars, bikes and random road/street noises; therefore, I prefer to walk on a trail in the woods or a park. I’ve had the opportunity to meet a lot of off leashed dogs at a local dog park, we sniffed each other and move on, and no issues. However if the off leashed dog runs towards me aggressively and gets in my face, I tend to give them a little snap. Hopefully with more time and patience I will learn that they don't mean me harm and are just excited to say hi. My foster mom currently works from home and I love her being home so much, she takes breaks with me to play inside and outside. She has left a couple of times for a few hours each time and I’m happy to report that I didn’t destroy anything, I did cry a little though. I haven't had any accidents inside since day 3 of being here, yay! I don't love baths but with time this could change, but I loved being brushed and do not mind my nails being clipped. I sleep in bed with my foster mom and FUR-siblings. I’m an early riser and get exicted to wake up my foster mom to let her know that I need to go outside to do my business. I’m great at eating and don't mind if humans or animals come around my food. I am however curious about what my foster FUR-sisters are getting in their food dishes, but l'm learning to leave them alone while they eat and mind my business. I do tend to counter surf for the human food though so best to keep clean counters. I do not know many commands, I will need a lot of training in these areas...we can learn together? Another thing I’m working on is my barking, I tend to bark at everything and everyone that I can see while I’m inside or outside my foster home. Are you my forever family?! My adoption fee is a $400 donation to help save more dogs like me. I am spayed, vaccinated, microchipped, and I have all my doggy papers to come home to you! I also come with 6 weeks of pet insurance! You can apply for me at https://www.salcars.ca/adopt 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: 378 (450, 420, 402, 318) *150 Sold: 296 (316, 239, 295, 216) *98 Sale To Listing Ratio: 78% (70%, 60%, 73%, 68%) *65% Price Changes: 60 (60, 41, 53, 39) *70 Listings that went conditional/pending: 358 (363, 260, 363, 277) *112 Expired/Cancelled/Withdrawn: 44 (50, 57, 63, 35) *58 Total Active Halifax/Dartmouth Inventory: 1,031 (1,025, 988, 911, 916) +2,134 Absorption Rate in weeks: 4 (4, 4, 4, 4.5) *19 Single Family Home Stats Active Single Family Home: 407 (437, 418, 347, 338) *1,141 Average Single Family Home List Price: $413,037 ($434k,$410k,$450k,$485k) *$351k Average Single Family Home Selling Price: $462,857 ($496K,$463k,$500k,$520k) *$350k Single Family Home Sale to List Ratio This Week: 112% (114%,113%,111%,108%) *99% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$380k,$375k)*$320k Median Single Family Home Sold Price (6 mo):$402,500 ($400k,$396k,$396k,$387k)*$320k Average Days on Market Single Family Home: 20 (11, 11, 26, 26) *47 Condo Stats Active Condos: 106 (99, 90, 90, 103) *141 Average Condo Listing Price: $328,962 ($340k, $432k, $432k, $363k) *$329k Average Condo Selling Price: $355,128 ($366k, $453k, $453k, $380k) *$315k Condo Sale to List Ratio This Week: 108% (108%, 105%, 105%, 105%) 96% Median Condo List Price (6 mo): $309,800 ($309k, $300k, $300k, $290k) *$260k Median Condo Sold Price (6 mo): $324,900 ($321k, $316k, $310k, $299k) *$255k Average Days on Market Condos: 11 (66, 30, 30, 126, 57) *84 Active Vacant Lots: 397 (369, 361, 358, 358) *715 Market Rant Slight dip in the new additions this week, but I'm thinking this will be a bit lower next week given the new restrictions announced this week for the Halifax area. Already having the conversation with folks about how the return of the tightened rules will impact our market, and although I think it will decrease both buying and selling activity slightly, I don't think it will cause any major changes. If anything, the natural market trend is taking hold and providing a few more options to wary buyers week to week, tipping the scales back in the buyers direction. This tightening of restrictions will certainly add to it, but things have been edging in this direction over the last few weeks. I remember talking with folks when this thing first started last year and the initial reaction was that the entire industry was going to hit an extremely prolonged hiatus, when in reality, exactly opposite of that prediction happened. Will there be less buyers? sure. Will there be fewer listings? oh yeah! But they tend to balance themselves and have no doubt of buyer tenacity at the moment. Another vein of discussion circled around out of town buyers who seem to be influencing the drastic price inflation, since they are coming from big markets and know what it takes to win these bidding wars. Extreme offer amounts, cash offers, waving inspections and other conditions, mostly things that local buyers just can't get on board with, and rightly so. The idea is that these restrictions will choke out these remote and overbidding folks from "out west", giving the hope that local buyers will have a better chance at locking something down. Make no mistake, "local" buyers have all but adapted to some of these big city techniques, so do not expect these overbids and bidding wars to disappear, but hardline conditions like inspections etc will remain. "But buyers can't visit!". True, but many out of town buyers were not making the trip to house shop since this thing started, so it's business as usual for this group, leaning on their Realtors for live FaceTime walkthrough's, videos, virtual tours, and pictures to purchase property site unseen. Now this is the group that will likely be impacted the most with these restrictions, because there is an unknown when the restrictions will be lifted, so buying site unseen with an unknown closing date can be tricky. Still, where there's a will there's a way... This is going to be a year for the books, so stay tuned to the blog to stay on top of the rapidly changing market, stay safe out there, and thanks for stopping by! The Weekly "Adogtable" I'm Tucker. I am a 4 yr old, 60lb pitbull mix. I was surrendered to Salcars because my parents didn't have enough time to give me the life that they think I deserved. I've spent the last few weeks in a foster home working on my doggy manners and getting some medical stuff done. I am a very sweet boy and I love to cuddle. I am very calm in the house and enjoy just relaxing on the couch. I love to go for walks and get really excited when you ask me if I want to go. I was always left to free roam in my previous home so I'm still working on my leash manners. I pull a lot on leash, everything is just so exciting. I do much better with my gentle leader, unless there is a person or dog I want to meet then I bark and pull to run towards them, which can be very intimidating for them but I just want to say hello. For this reason, I need controlled introductions with other animals as my foster mom says that I come on a little strong and I'm hard to control due to my size. I get along great with my foster fur siblings, both canine and feline. I am fully housetrained, I have good recall as long as there's no people or animals around that I need to go say hello to, I love car rides, I love food so this could be a great help with my training, I like eating snow and I can give paw and sit pretty. I'll jump right in the tub for you for bath time, no problem. I let my foster mom do whatever she wants to me with no issues; clean my ears, touch me everywhere, flip me around to see my belly... anything at all. I am definitely a sleep in bed with you kind of fella. I may start out sleeping elsewhere but don't worry, you'll wake up with me next to you so you can cuddle me. I am very respectful when others are eating, even the kitties. I don't bother them or their food. I won't touch your food either if you leave it. I'm very gentle taking treats too. My foster parents say that I am the goodest boy but I do bark a lot and loudly. Luckily my foster parents live a ways back from the road so I don't see too much that passes by. I bark whenever I am excited so I guess that doesn't exactly make me apartment friendly. I don't like being crated and I will bark nonstop until you let me out but I'm a good boy and don't need one. My former family said that I would chew up things when they weren't home but I haven't chewed anything up in my foster home except, of course, my toys. I do get a lot more exercise here than in my previous home so that helps. I love my humans alot and would definitely love them to be home with me more often than not. Please note that if you do have to leave me for awhile, that you'll return to a whole lot of howling. I just missed you so much, I can't control myself. I have met a 3 year old and a 9 year old, I was very good but very excited like I get with everyone. When I first came into care, I was very red and raw. The nice vet said I have allergies, that are currently being treated with a diet trial and medicated shampoo, and I'm much better. My foster mom says I'm just a big goof ball who needs help with some of my manners but the love I'll give you in return will be so worth it. Are you my forever family?! 💙 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: 450 (420, 402, 318, 277) *139 Sold: 316 (239, 295, 216, 185) *104 Sale To Listing Ratio: 70% (60%, 73%, 68%, 67%) *75% Price Changes: 60 (41, 53, 39, 26) *42 Listings that went conditional/pending: 363 (260, 363, 277, 258) *110 Expired/Cancelled/Withdrawn: 50 (57, 63, 35, 27) *68 Total Active Halifax/Dartmouth Inventory: 1,025 (988, 911, 916, 872) +2,155 Absorption Rate in weeks: 4 (4, 4, 4.5, 4.5) *17 Single Family Home Stats Active Single Family Home: 437 (418, 347, 338, 304) *1,155 Average Single Family Home List Price: $434,314 ($410k,$450k,$485k,$447k) *$352k Average Single Family Home Selling Price: $495,597 ($463k,$500k,$520k,$477k) *$345k Single Family Home Sale to List Ratio This Week: 114% (113%,111%,108%,107%) *98% Median Single Family Home List Price (6 mo): $379,900 ($380k,$380k,$375k,$370k)*$320k Median Single Family Home Sold Price (6 mo):$400,000 ($396k,$396k,$387k,$381k)*$318k Average Days on Market Single Family Home: 11 (11, 26, 26, 40) *37 Condo Stats Active Condos: 99 (90, 90, 103, 106) *141 Average Condo Listing Price: $339,662 ($432k, $432k, $363k, $405k) *$235k Average Condo Selling Price: $366,113 ($453k, $453k, $380k, $426k) *$230k Condo Sale to List Ratio This Week: 108% (105%, 105%, 105%, 105%) 98% Median Condo List Price (6 mo): $309,000 ($300k, $300k, $290k, $283k) *$255k Median Condo Sold Price (6 mo): $321,000 ($316k, $310k, $299k, $280k) *$253k Average Days on Market Condos: 66 (30, 30, 126, 57) *8 Active Vacant Lots: 369 (361, 358, 358, 353) *730 Market Rant Hard to imagine that just a short 12 months ago the average sale price was still reporting lower than the listing price. It's also hard to fathom the intensity and competitive nature of the current market and how extremely competitive the market environment has become. I want to say that things are slowing, and some would say that they just might be, but I think there are more options for buyers to have a look at and offer on so the attention is divided. It's the Spring market and there usually is a lot of options around this time of year (usually). It doesn't help that all of the weekly listings are holding offers until Sunday, forcing the group of buyers to go after the one in the bunch that they liked the most and if it doesn't work out, rinse and repeat. There are a few more back to market listings I have noticed this week, even some price reductions, which are all indicators that this Sellers market is invincible! There may few fewer offers on listing, just because there are a few options that divide the group, but the offer amounts are still aggressive and well over the top in most cases. Anything with recreation attached to it, water access or views, or park like settings are going for a premium and by far the properties that are seeing the most extreme overbidding by volume. At this time last year things were still very uncertain, but one thing that was certain is that that the usual inventory surge of the Spring had basically came to a halt, which was devastating in an already persistent sellers market. With the lack of listings coming to market, the buyer mass grew, and it grew quickly. Finally, sellers started to return to market late last year, but by that time it was already too late and the current market conditions had taken hold. Seems this Spring has encouraged more sellers to come to market, including "by chance I get this amount" sellers, and the "un-sellable's" dynamic, which are all things to keep an eye out for! This is going to be a year for the books, so stay tuned to the blog to stay on top of the rapidly changing market, stay safe out there, and thanks for stopping by! HELP IS DESPERATELY NEEDED! This weeks "Adogtable" has been put on hold to hopefully help to shine a light on the recent dog surrender that occurred this week (77 in total) to the Nova Scotia SPCA. The story can be found HERE, but more importantly, the link to donate and really make a difference can be found HERE. Anything helps, and the shelter could really use your support! 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 |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over twelve years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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