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Halifax (HRM) Residential Market Statistic Update for the Week of September 22nd - 29th, 2016 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New Listings: 278 (378, 273, 252, 306) *553 Sold: 141 (135, 132, 85, 132) *129 Sale To Listing Ratio: 51% (36%, 48%, 34%, 43%) *23% Price Changes: 229 (215, 250, 167, 210) *295 Listings that went conditional/pending: 144 (158, 117, 124, 147) *145 Expired/Cancelled/Withdrawn: 130 (133, 286, 286, 302) *321 Total Active Halifax/Dartmouth Inventory: 5,368 (5,378, 5,296, 5,233, 5,260) *5,729 Absorption Rate in weeks: 44 (45, 42, 41, 37) *46 Single Family Home Stats Active Single Family Home: 3,433 (3,449, 3,430, 3,388, 3,426) *3,869 Average Single Family Home List Price: $344,410 ($297k, $306k, $332k, $283k) *$290k Average Single Family Home Selling Price: $323,025 ($285k, $296k, $320k) *$280k Single Family Home Sale to List Ratio This Week: 94% (96%, 97%, 96%, 96%) *96% Median Single Family Home List Price: $282,200 ($266k, $279k, $290k, $260k) *$282k Median Single Family Home Sold Price: $267,000 ($255k, $270k, $283k, $245k) *$257k Average Days on Market Single Family Home: 96 (103, 98, 97, 94) *157 Condo Stats Active Condos: 477 (476, 478, 477, 479) *474 Average Condo Listing Price: $315,199 ($274k, $309k, $217k, $267k) *$291k Average Condo Selling Price: $310,990 ($263k, $299k, $211k, $257k) *$280k Condo Sale to List Ratio This Week: 98% (97%, 97%, 97%, 96%) *96% Median Condo List Price: $304,900 ($222k, $312k, $200k, $250k,) *233k Median Condo Sold Price: $303,000 ($215k, $310k, $180k, $244k) *225k Average Days on Market Condos: 81 (121, 66, 116, 77) *150 Active Vacant Lots: 1,167 (1,168, 1,112, 1,098, 1,090) *1,083 HELP stop BSL (Breed Specific Legislation) As you may or may not be aware, Quebec has implemented BSL for "Bully" breed types, which has caused many lovers of the breed to speak up and become the "voice of the voiceless", including the SPCA who vows to halt dog services there should the complete ban happen. Some of our local rescues have already made an effort to contact shelters in Quebec to make arrangements for any displaced pups that might find themselves away from their families, and others are on stand-by ready to step in should the call come. It's truly a sad implementation, as the thought of this legislation coming to Nova Scotia (which if this keeps getting passed across Canada, it's only a matter of time) brings the matter home, as I have two of my own (biggest babies you'll ever meet). There is an organized rally this Saturday at 2pm at Grand Parade for anyone interested in participating. Details can be found HERE. There is also a petition HERE which is getting close to it's goal, maybe a couple more would help ;)  Ralph needs your help! WEEKLY ADOPTABLE Ralph is a big goofy boy who is hoping to find his new furrever home. He's quite the energetic dog that would benefit from consistent exercise, but he's always up for some snuggles! We are recommending a home without other animals for Ralph; he has met a few dogs here and shows a lot of dominance. He was neutered with us, so after those hormones calm down and with some training he should come along nicely and make some doggy friends. Ralph's owners will need to enrol him in obedience classes before taking him home, he needs a few more manners! Kids over the age of 12 for this guy; he's a big boy with lots of love to give, but sometimes doesn't know his own strength. Come on in and meet 'Wreck it Ralph' today! This "cuddly companion" is available through the Dartmouth SPCA, a non profit rescue organization from Dartmouth, 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 Realty 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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