(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 272 (273, 266, 259, 225) *266 Sold: 116 (140, 110, 109, 108) *117 Sale To Listing Ratio: 43% (51%, 41%, 42%, 50%) *44% Price Changes: 94 (115, 92, 80, 70) *64 Conditional Sale: 182 (178, 146, 131, 161) *173 Expired/Cancelled/Withdrawn: 43 (93, 32, 34, 35) *56 Total Active Halifax/Dartmouth Inventory: 1,591 (1,557, 1,569, 1,511, 1,441) *1,338 Absorption Rate: *13 (13, 14, 14, 14) *11 Single Family Home Stats Active Single Family Home: 770 (733, 744, 698, 657) *668 Average Single Family Home List Price: $642,913 ($653k, $622k, $644k, $606k,) *$629k Average Single Family Home Selling Price: $647,405 ($647k, $625k, $639k, $606k) *$634k Single Family Home Sale to List Ratio This Week: 101% (99%, 101%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $578,500 ($575k,$570k,$570k,$569k) *$530k Median Single Family Home Sold Price(6 mo):$573,300 ($570k,$569k,$570k,$565k)*$530k Average Days on Market Single Family Home: 33 (44, 28, 34, 30) *42 Condo Stats Active Condos: 156 (159, 157, 153, 151) *116 Average Condo Listing Price: $464,900 ($479k, $420k, $452k, $505k) *$476k Average Condo Selling Price: $455,000 ($485k, $412k, $447k, $502k) *$478k Condo Sale to List Ratio This Week: 98% (101%, 98%, 99%, 99%) *101% Median Condo List Price (6 mo): $439,900 $443k, $440k, $440k, $440k) *$434k Median Condo Sold Price (6 mo): $437,250 ($442k, $435k, $432k, $437k) *$429k Average Days on Market Condos: 25 (47, 44, 18, 39)*25 Active Vacant Lots: 431 (433, 431, 406, 406) *396 Market Rant As we move deeper into the spring real estate season, the Halifax real estate market is revealing a theme of measured momentum. The flurry of new listings is meeting a cautious but active buyer pool, creating a marketplace that feels more balanced than the frenetic scenes of past springs. Sellers are stepping into the season with optimism—inventory is growing steadily each week, and median prices are holding or rising slightly. But it’s clear that buyers aren’t just throwing out offers on everything that hits the market. The dip in the sale-to-listing ratio and continued price adjustments suggest that realistic pricing and strategic preparation are key to standing out. Buyers, on the other hand, are taking advantage of the increasing selection and negotiating room, especially in the condo segment where sale prices have softened a touch. With more inventory on the shelves and some breathing room compared to last year’s pressure-cooker environment, they’re able to act more thoughtfully without needing to jump at the first option. While sales volume dipped this week, conditional sales remain strong—a sign that many deals are still in motion and could close in the coming weeks. The absorption rate has cooled slightly, offering further evidence that the market is stabilizing rather than overheating. All in all, this isn’t a sleepy spring market—it’s just not racing ahead at full tilt. Instead, it’s a season of strategic movement, with buyers and sellers navigating with intention. As the weather warms and momentum builds, we could see some acceleration—especially if interest rates hold steady and consumer confidence continues to climb. So, whether you're buying, selling, or just watching the trends, this market has a bit of everything: opportunity, nuance, and the kind of pace that rewards those who are well-informed and well-prepared. Thanks for stopping by! The Weekly "Adogtable"This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE Looking to help? Below you will find links to various shelters and rescues that could use your support. Donations of pet supplies, food, money, basically anything can help! Good Bones Dog Rescue Nova Scotia SPCA Bide Awhile Animal Shelter Halifax Veterinary Hospital If you have a suggestion to be added to the support list, do not hesitate to contact me! 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 Comments are closed.
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Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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