(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 205 (256, 220, 200, 264) *174 Sold: 148 (147, 123, 138, 139) *116 Sale To Listing Ratio: 72% (57%, 56%, 69%, 61%) *67% Price Changes: 102 (137, 110, 115, 112) *97 Conditional Sale: 177 (165, 137, 169, 188) *145 Expired/Cancelled/Withdrawn: 45 (48, 83, 70, 40) *46 Total Active Halifax/Dartmouth Inventory: 1,772 (1,811, 1,758, 1,747, 1,751) *1,347 Absorption Rate: 13 (13, 13, 12, 12) *10 Single Family Home Stats Active Single Family Home: 871 (896, 885, 875, 881) *656 Average Single Family Home List Price: $590,219 (%593k, $623k, $630k, $592k) *$601k Average Single Family Home Selling Price: $585,700 ($597k, $626k, $627k, $590k) *$607k Single Family Home Sale to List Ratio This Week: 99% (101%, 101%, 99%, 99%) *101% Median Single Family Home List Price (6 mo): $565,000 ($569k,$569k,$569k,$576k) *$535k Median Single Family Home Sold Price(6 mo):$567,500 ($570k,$570k,$570k,$568k)*$545k Average Days on Market Single Family Home: 36 (29, 26, 32, 30) *27 Condo Stats Active Condos: 138 (141, 126, 124, 133) *111 Average Condo Listing Price: $492,157 ($466k, $400k, $451k, $497k) *$466k Average Condo Selling Price: $497,128 ($458k, $404k, $456k, $492k) *$466k Condo Sale to List Ratio This Week: 101% (98%, 101%, 101%, 99%) *101% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $439,950 ($440k, $440k, $440k, $440k) *$425k Average Days on Market Condos: 19 (27, 27, 25, 45) *22 Active Vacant Lots: 527 (525, 510, 521, 515) *419 Market Rant The Halifax real estate market is like a thrilling adventure, full of twists and turns that keep everyone on their toes! This week, it seems like fewer new listings are showing up, but that hasn’t stopped eager buyers from diving in and snagging properties left and right. It’s like a treasure hunt with just the right amount of excitement—plenty of hidden gems still to be found! Single-family homes continue to be a solid favorite, though they’re taking a bit longer to find the right match. With more options available, buyers are taking their time to choose, and the steady prices suggest sellers are hitting the mark with what buyers want. It’s a balancing act that’s keeping everyone engaged, with homes still selling close to their asking prices. Over in the condo corner, things are really heating up! Condos are flying off the market, and some are even going for above asking price, proving that buyers are head over heels for these stylish spaces. With quick sales and strong demand, the condo market is a hot spot that’s capturing a lot of attention. In a nutshell, the Halifax real estate market is buzzing with energy and full of possibilities. Whether you’re looking to buy, sell, or simply see what’s out there, the market is packed with opportunities and surprises at every turn. So, grab your explorer’s hat, keep your eyes open, and get ready for the next big discovery in this vibrant real estate landscape! 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 her 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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