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Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 287 (283, 358, 321, 276) *273 Sold: 189 (133, 139, 158, 169) *147 Sale To Listing Ratio: 66% (47%, 39%, 49%, 61%) *56% Price Changes: 112 (81, 99, 103, 86) *86 Conditional Sale: 182 (185, 194, 171, 159) *215 Expired/Cancelled/Withdrawn: 33 (38, 35, 58, 39) *35 Total Active Halifax/Dartmouth Inventory: 1,648 (1,587, 1,574, 1,501, 1,435) *1,330 Absorption Rate: 11 (11, 10, 10, 11) *9 Single Family Home Stats Active Single Family Home: 814 (784, 783, 745, 696) *665 Average Single Family Home List Price: $654,660 ($591k, $628k, $634k, $660k) *$613k Average Single Family Home Selling Price: $656,350 ($596k, $634k, $641k, $666k) *$622k Single Family Home Sale to List Ratio This Week: 101% (101%, 101%, 101%, 101%) *101% Median Single Family Home List Price (6 mo): $549,900 ($550k,$550k,$550k,$550k) *$500k Median Single Family Home Sold Price(6 mo):$560,000 ($551k,$550k,$550k,$548k)*$513k Average Days on Market Single Family Home: 31 (28, 32, 26, 32) *28 Condo Stats Active Condos: 136 (132, 133, 125, 112) *102 Average Condo Listing Price: $472,680 ($465k, $445k, $441k, $480k) *$470k Average Condo Selling Price: $476,312 ($474k, $450k, $449k, $486k) *$485k Condo Sale to List Ratio This Week: 101% (102%, 101%, 102%, 101%) *103% Median Condo List Price (6 mo): $434,387 ($435k, $430k, $430k, $434k) *$400k Median Condo Sold Price (6 mo): $430,000 ($430k, $430k, $429k, $430k) *$407k Average Days on Market Condos: 19 (35, 41, 11, 11) *24 Active Vacant Lots: 499 (489, 480, 459, 431) *415 Market Rant The Spring market pushes on, and at last, we are starting to see a bit of pressure relief in most areas and price points around HRM. With the initial intense wave of buyers out of the way, the next wave is a bit more relaxed and ready to take in a market that is a bit more plentiful than that of a few weeks ago. The overall inventory kicked up quite a bit this week, but there was really only marginal gains in the tracked products, single family homes contributing the most. Sales reported high this week, but that can be traced back to the market a few weeks ago, which had the highest amount of accepted offers in a week this year so far. Values held fast this week, and so too did the median prices, but the expectation is that we will see a change in a northern direction, thanks to a spicy first quarter. Relocations are ramping up, and the Spring market is in full swing, so be sure to stay tuned to the blog to track our progress and see how things end in the first half of the market year. We should be close to peak currently, but with the way our market has been in the last three years, you never know what you will get! 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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