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Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 168 (180, 177) *143 Sold: 92 (85, 76) *78 Sale To Listing Ratio: 55% (47%, 43%) *55% Price Changes: 38 (35, 53) *50 Conditional Sale: 124 (132, 106) *118 Expired/Cancelled/Withdrawn: 74 (42, 45) *81 Total Active Halifax/Dartmouth Inventory: 1,237 (1,273, 1,272) *984 Single Family Home Stats Active Single Family Home: 630 (652, 652) *462 Average Single Family Home List Price: $606,035 ($638k, $634k) *$538k Average Single Family Home Selling Price: $598,526 ($628k, $623k) *$522k Single Family Home Sale to List Ratio This Week: 99% (98%, 98%) *97% Median Single Family Home List Price (6 mo):$499,900 ($500k, $500k) *$463k Median Single Family Home Sold Price(6 mo):$516,500 ($513k, $515k)*$460k Average Days on Market Single Family Home: 54 (45, 55) *31 Condo Stats Active Condos: 101 (106, 97) *67 Average Condo Listing Price: $453,912 ($556k, $431k) *$524k Average Condo Selling Price: $458,475 ($540k, $422k) *$515k Condo Sale to List Ratio This Week: 101% (97%, 98%) *98% Median Condo List Price (6 mo): $429,900 ($434k, $425k) *$399k Median Condo Sold Price (6 mo): $423,500 ($426k, $422k) *$391k Average Days on Market Condos: 59 (35, 49) *55 Active Vacant Lots: 368 (373, 412) *335 Market Rant You wouldn't know it by looking at the current inventory, but it's a bit of a hot start to the market this year so far! As mentioned last week, January does tend to create a bubble market for the beginning of the season, and it appears this year is no exception. For the last couple of years, this blip has lasted to the Spring, but usually, this trend tends to fizzle out at by mid February. Speaking of, can you believe January is already in the books? With a mild start to the season, Buyers have found a more comfortable environment to conduct showings in. Believe it or not, how cold things get here can have a direct impact on listing reception to the market, especially heavy snowfall forecasts. So far though, the weather has been hospitable enough to encourage Buyers to come out and it shows. Listings under agreement had a strong report despite the snowfall this week, and so too did the number of properties that hit the market. The market forecast is much like the weather, a mixed bag and a lot of possibilities. I have you covered though, so stay tuned to the blog to stay informed and stay on top of the developing market! 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 him 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.. 
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