The Halifax Real Estate Blog Weekly Market Rant and Statistics Update, by Jeremiah Wallace of ViewPoint Realty: December 3rd-10th, 2020
(Previous weeks numbers in brackets)
*Previous Year's Stats
New/Back to Market Listings: 193 (229, 250, 230, 261) *141
Sold: 178 (194, 229, 230, 198) *114
Sale To Listing Ratio: 92% (85%, 92%, 100%, 76%) *81%
Price Changes: 48 (72, 88, 88, 105) *51
Listings that went conditional/pending: 159 (215, 208, 242, 228) *132
Expired/Cancelled/Withdrawn: 37 (123, 37, 62, 100) *124
Total Active Halifax/Dartmouth Inventory: 1,347 (1,360, 1,492, 1,472, 1,573) +2,398
Absorption Rate in weeks: 6 (6, 7, 7, 7) *17
Single Family Home Stats
Active Single Family Home: 579 (575, 653, 652, 739) *1,202
Average Single Family Home List Price: $413,635 ($398k,$400k,$416k,$425k) *$357k
Average Single Family Home Selling Price: $422,448 ($403k,$403k,$418k,$431k) *$356k
Single Family Home Sale to List Ratio This Week: 102% (101%,101%,101%,101%) *99%
Median Single Family Home List Price (6 mo): $349,900 ($350k,$349k,$350k,$345k)*$315k
Median Single Family Home Sold Price (6 mo):$355,123 ($355k,$355k,$354k,$350k)*$308k
Average Days on Market Single Family Home: 46 (36, 35, 38, 40) *89
Active Condos: 125 (130, 135, 123, 133) *177
Average Condo Listing Price: $286,075 ($385k,$378k, $299k, $390k) *$285k
Average Condo Selling Price: $284,876 ($377k, $369k, $294k, $385k) *$281k
Condo Sale to List Ratio This Week: 99% (98%, 97%, 98%, 99%) 98%
Median Condo List Price (6 mo): $269,900 ($270k, $270k, $270k, $270k) *$243k
Median Condo Sold Price (6 mo): $270,000 ($270k, $272k, $270k, $270k) *$237k
Average Days on Market Condos: 17 (31, 28, 71, 24)*29
Active Vacant Lots: 505 (513, 551, 547, 550) *841
With the end of the year and holidays right around the corner, buyers and sellers make their final push to close out the 2020 market year with a bang. A much higher showing of new listings for this time of year was reported this week, along with a sustained sales and buyer activity report. Price changes remain minimal. and the amount of listings that retreated from the market this week was reduced too. The six month median condo value's held fast this week, while Single Family Homes median values had a slight improvement from the last two weeks of reduction, keeping the question open regarding a possible turn in the market. Likely, we are finally starting to see annual trend take hold, since Christmas and the holiday season is a powerful attention grab from buyers, and a time worth staying put, for sellers. Still, last minute shoppers are still out in full force, and it doesn't appear as though it will change anytime soon. In fact, some folks might be using this venerable time to stay and snag a property, in hopes competition is a bit distracted from the market. Still a challenge however, as this time usually reports the lowest inventory count of the year, and where we are already in the basement regarding inventory on a good day, the pickins are slim, and will likely get slimmer as we close out 2020. Couple more reports left this year, so stay tuned to the blog to find out how one of more unique years in recent history has impacted the real estate market here in Halifax. Thanks for stopping buy, and stay safe out there!
The Weekly Adogtable!
Hi everyone! My name is Hooligan and I am a 60lbs, 2 year young male puppy. I was surrendered from a Humane Society and due to BSL I could not be adopted out there. I am super excited to find my forever home!
I don’t quite understand children and their unusual movements and voices, I get excited and want to play with them but I can be a little rough because of my size. My forever home should have kids over 15 or adults only.
I have not met any cats so I'm not really sure what I think about them. I have met multiple dogs and I am very reactive to the larger or intact male dogs, smaller female dogs have been ok but I'd rather just have my humans to myself. So I need a forever home who can exercise me away from active dog spaces, I won’t be a daycare or dog park kind of dog.
I am working on being muzzle trained because when I was put into a situation with a larger dog I reacted, my family tried to step in to help and I ended up biting them from reacting to the dog. A quiet neighborhood without lots of kids and other pets would be ideal for me.
I am also housetrained and crate trained because I may get into a few things if left alone. The neighbors said they don't hear a peep from me when I'm by myself. Oh and I know a bunch of commands! I will sit, stay/wait (even at meal times), shake and lay down. Let's just say I'm very treat motivated!
I am reactive on leash particularly to fast moving things, dogs or kids but I'm going to try to keep working on it with my forever family. I have been in the car and am a perfect car ride buddy. I would love to have a fenced yard to run out my zoomies in!
Zoomies are often followed by snuggle sessions and I am a complete bed hog at night. I love all things rubber and my favourite treat is pepperoni! Stuff some rubber toys with pepperoni and I'll be in heaven!
Are you my forever home?! 💙
My adoption fee is a $400 donation to help save more dogs like me. I am neutered and microchipped, and I have all my doggy papers to come home to you! You can apply for me at
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
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Jeremiah Wallace, CD
Jeremiah 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..
Photo's by Jeremiah