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Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 256 (261, 287, 334, 272) *175 Sold: 137 (165, 166, 198, 138) *121 Sale To Listing Ratio: 54% (63%, 58%, 59%, 51%) *69% Price Changes: 112 (139, 150, 134, 88) *63 Conditional Sale: 145 (200, 181, 204, 187) *119 Expired/Cancelled/Withdrawn: 95 (42, 49, 58, 75) *66 Total Active Halifax/Dartmouth Inventory: 1,740 (1,738, 1,761, 1,722, 1,670) *1,388 Absorption Rate: 11 (10, 11, 10, 11) *9 Single Family Home Stats Active Single Family Home: 888 (871, 896, 873, 837) *691 Average Single Family Home List Price: $618,969 ($572k, $582k, $624k, $633k) *$568k Average Single Family Home Selling Price: $628,667 ($577k, $589k, $622k, $640k) *$570k Single Family Home Sale to List Ratio This Week: 102% (101%, 101%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $565,000 ($565k,$565k,$565k,$560k) *$530k Median Single Family Home Sold Price(6 mo):$569,900 ($568k,$565k,$560k)*$539k Average Days on Market Single Family Home: 20 (24, 27, 32, 25) *20 Condo Stats Active Condos: 127 (128, 136, 139, 130) *103 Average Condo Listing Price: $449,252 ($660k, $504k, $476k, $441k) *$348k Average Condo Selling Price: $454,484 ($648k, $498k, $482k, $443k) *$5370k Condo Sale to List Ratio This Week: 101% (98%, 99%, 101%, 101%) *106% Median Condo List Price (6 mo): $439,900 ($440k, $440k, $440k, $440k) *$425k Median Condo Sold Price (6 mo): $440,000 ($440k, $435k, $435k, $435k) *$422k Average Days on Market Condos: 19 (63, 38, 13, 26) *17 Active Vacant Lots: 511 (527, 518, 510, 499) *426 Market Rant The Halifax real estate market is like a rollercoaster ride, with twists and turns that keep things exciting! New listings and total inventory are holding strong, giving buyers plenty of options to choose from. Although sales took a bit of a dip this week, they're still higher than last year—so it's not all doom and gloom! Single-family homes are the rock stars of the market, showing impressive price gains. The average and median prices have gone up, and these homes are flying off the market faster than you can say "sold!" The condo market is throwing us a curveball with a big drop in average prices, but the sale-to-list ratio has improved, and median prices are steady. It's a wild ride, but it looks like there's still plenty of demand for those urban living spaces. Vacant lots are plentiful, setting the stage for future developments and new opportunities. Overall, the market is buzzing with activity, and the summer months promise to keep things lively. Keep an eye on those price trends and inventory levels, and stay tuned to the Halifax Real Estate Blog for all the latest updates. 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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