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Halifax (HRM) Residential Market Statistic Update for the Week of April 13th - April 20th, 2017 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New Listings: 295 (402, 416, 306, 289) *393 Sold: 132 (174, 141, 112, 117) *155 Sale To Listing Ratio: 45% (43%, 34%, 37%, 41%) *39% Price Changes: 145 (164, 166, 156, 116) *193 Listings that went conditional/pending: 159 (173, 176, 145, 163) *182 Expired/Cancelled/Withdrawn: 89 (115, 230, 73, 78) *106 Total Active Halifax/Dartmouth Inventory: 4,686 (4,686, 4,596, 4,577, 4,490) *4,961 Absorption Rate in weeks: 34 (34, 38, 43, 43) *37 Single Family Home Stats Active Single Family Home: 2,817 (2,805, 2,733, 2,696, 2,639) *3,333 Average Single Family Home List Price: $350,164 ($320k, $298k, $313k, $314k) *$302k Average Single Family Home Selling Price: $337,717 ($309k, $287k, $305k, $306k) *$293k Single Family Home Sale to List Ratio This Week: 97% (97%, 97%, 97%, 97%, 97%) *97% Median Single Family Home List Price (6 mo): $279,900 ($275k, $275k, $278k,$279k) *$277k Median Single Family Home Sold Price (6 mo): $269,900 ($268k,$266k,$268k,$268k)*$271k Average Days on Market Single Family Home: 86 (85, 115, 89, 86) *98 Condo Stats Active Condos: 468 (463, 466, 465, 452, 440) *446 Average Condo Listing Price: $236,023 ($249k, $224k, $252k, $334k) *$275k Average Condo Selling Price: $231,316 ($234k, $215k, $244k, $320k) *$267k Condo Sale to List Ratio This Week: 98% (95%, 96%, 97%, 96%) 97% Median Condo List Price (6 mo): $224,200 ($224k, $220k, $225k, $225k) *$283k Median Condo Sold Price (6 mo): $215,000 ($215k, $215k, $215k, $218k) *$271k Average Days on Market Condos: 162 (161, 70, 56, 87, 146) *75 Active Vacant Lots: 1,168 (1,164, 1,154, 1,174, 1,161) *949 Market Rant Although there is positive Buyer activity out there, it seems there is still a reluctance to engage in the Spring market. Listings took a bit of a nap this week and reported much lower than usual, but that was also met with lower Buyer interest. The market still seems a bit sleepy, especially for this time of year, but no doubts there is a burst on the verge of happening. Activity overall was down this week, and I would imagine the Easter weekend was a factor, as Buyers and Sellers took the time to spend with friends and family rather than getting their property needs worked on. Certainly, the next few weeks will set the tone for the Spring summary, and gauge if the late start will ebb into the Summer. Keep a pulse on the market by checking in to the Halifax Real Estate blog, and find out how things shake out! Thanks for stopping by!  WEEKLY ADOPTABLE Owner surrender and he is terrified and timid since drop off./ He whines and is afraid of crates. Very hungry and skinny Dogs: yes very playful and polite Cats: unknown kids: Absolutely!! strangers: wonderful! Miko has no bite history and is also not very uninterested in toys. He does pulls on the leash. and weights about 60 pounds. This "cuddly companion" is available through Good Bones Dog Rescue, a non profit rescue organization from Halifax, Nova Scotia. More info about him, 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!  The ViewPoint.ca Interactive Property Map 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. 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.. 
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