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Halifax (HRM) Residential Statistic Update for the Week of June 29th - July 6th, 2017 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New Listings: 302 (319, 329, 343, 449) *332 Sold: 146 (168, 239, 200, 197) *128 Sale To Listing Ratio: 48% (53%, 73%, 58%, 44%) *37% Price Changes: 189 (273, 222, 228, 251) *227 Listings that went conditional/pending: 176 (198, 197, 245, 227) *138 Expired/Cancelled/Withdrawn: 257 (151, 111, 132, 194) *306 Total Active Halifax/Dartmouth Inventory: 4,825 (4,905, 4,932, 4,909, 4,944) *5,470 Absorption Rate in weeks: 26 (25, 24, 26, 26) *35 Single Family Home Stats Active Single Family Home: 2,957 (2,869, 3,007, 3,024, 3,047) *3,633 Average Single Family Home List Price: $286,126 ($308k, $311k, $292k, $298k) *$298k Average Single Family Home Selling Price: $276,362 ($298k, $301k, $284k, $283) *$287k Single Family Home Sale to List Ratio This Week: 97% (97%, 97%, 97%, 95%) *96% Median Single Family Home List Price (6 mo): $275,000 ($280k,$280k,$280k,$279k)*$270k Median Single Family Home Sold Price (6 mo): $269,900 ($270k,$270k,$270k,$270k)*$265k Average Days on Market Single Family Home: 85 (69, 61, 75, 80) *80 Condo Stats Active Condos: 476 (485, 481, 482, 487) *520 Average Condo Listing Price: $245,278 ($280k, $248k, $285k, $251k) *$262k Average Condo Selling Price: $232,278 ($270k, $246k, $276k, $244k) *$255k Condo Sale to List Ratio This Week: 95% (96%, 95%, 97%, 97%) 97% Median Condo List Price (6 mo): $229,900 ($229k, $229k, $230k, $230k) *$256k Median Condo Sold Price (6 mo): $220,000 ($220k, $218k, $220k, $218k) *$238k Average Days on Market Condos: 103 (81, 91, 84, 95, 150) *84 Active Vacant Lots: 1,159 (1,165, 1,174, 1,153, 1,160, 1,145) *1,074 Market Rant Just as the weather starts to heat up, it looks like the market is stating to cool down...relatively anyways. New listing additions to the market are down again this week, and 10% down from this time last year. Sales are still quite a bit higher than last year, but they have tapered off in the last few weeks. This is not an unusual trend in the Summertime though, and some would argue that the Summer is the slowest season of the year for transactions. I'm not of that opinion though, as I rely on the stats, and although the Summer tends to slowly taper in activity, there is still lots of gas in the tank of the current market trend. It could be the sudden gear shift of activity that usually happens from Spring to Summer, making it seem slow, but there are currently lots of active buyers and sellers out there looking to transact property. Overall, most of the inventory numbers are substantially down from last year, and sales remain steady. This could bode well for sellers if the trend holds, but not so much for buyers looking for that steal of a deal. I'll be keeping a weathered eye on the Summer market season and reporting accordingly, so be sure to stop by and stay informed!
Meet Nala!WEEKLY ADOPTABLE Hello my name is Nala. I am a 2 year old spayed Amstaff- Boston Terrier mix (I had my DNA done) I am a beautiful friendly girl, and have you seen my eyes? Everyone loves my eyes. I like other dogs, though I'm not really playful with them. I let people pat me but until i know i can trust them, I don't really get excited about it. I have a kitty sister in my foster home and we get along well, I dont chase her because she gets mad at me. Mom takes me for a walk everyday before work so I will be calm in the kennel when shes gone. I dont like the kennel, I scream when mom leaves and sometimes I try to force my head out through the bars but that hurts my nose and mom doesnt like it when I do this. I am learning that she always comes back so now I don't get as upset. She also puts this lavender smelly stuff on a shirt in my kennel to kelp me keep calm. When mom comes home I get so excited but she won't let me out until I sit. I am a good walker, I even let kids walk me. I know how to sit and give paw, I'm learning lay down now. My favourite day is one where I get to sleep and cuddle with mom all day. Mom knows I really don't like the kennel so she lets me sleep in the bed with her. I love it there, I curl up in a ball beside her and snore the night away. When I first came to live with my foster family, I thought my sister was going to take everything from me. I got mad at her when she walked by my food. we got in to a fight. I have learned that she wont eat my food so now I let her walk by. I still dont like it when she goes by my toys. I think i can learn not to get so upset over time, but i might be best as an only dog that way I get all the love. I cant wait to meet you and show you what a good girl I am. This "cuddly companion" is available through Litters 'n Critters, a non profit rescue organization from Halifax, Nova Scotia. More info about her, 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!  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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