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Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 358 (321, 276, 323, 266) *290 Sold: 139 (158, 169, 145, 117) *153 Sale To Listing Ratio: 39% (49%, 61%, 45%, 44%) *53% Price Changes: 99 (103, 86, 72, 64) *82 Conditional Sale: 194 (171, 159, 196, 173) *177 Expired/Cancelled/Withdrawn: 35 (58, 39, 49, 56) *43 Total Active Halifax/Dartmouth Inventory: 1,574 (1,501, 1,435, 1,398, 1,338) *1,271 Absorption Rate: 10 (10, 11, 11, 11) *10 Single Family Home Stats Active Single Family Home: 783 (745, 696, 696, 668) *637 Average Single Family Home List Price: $628,374 ($634k, $660k, $672k, $629k) *$649k Average Single Family Home Selling Price: $634,437 ($641k, $666k,$679k,$634k) *$653k 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,$540k,$530k) *$500k Median Single Family Home Sold Price(6 mo):$550,000 ($550k,$548k,$541k,$530k)*$500k Average Days on Market Single Family Home: 32 (26, 32, 45, 42) *26 Condo Stats Active Condos: 133 (125, 112, 114, 116) *98 Average Condo Listing Price: $444,888 ($441k, $480k, $464k, $476k) *$540k Average Condo Selling Price: $450,088 ($449k, $486k, $467k, $478k) *$442k Condo Sale to List Ratio This Week: 101% (102%, 101%, 101%, 101%) *82% Median Condo List Price (6 mo): $429,950($430k, $434k, $429k, $434k) *$400k Median Condo Sold Price (6 mo): $429,900 ($429k, $430k, $429k, $429k) *$405k Average Days on Market Condos: 41 (11, 11, 25, 25) *22 Active Vacant Lots: 480(459, 431, 415, 396) *405 Market Rant Now that's more like it! The first full week of May comes out swinging, with a big dump of new property candidates for hungry buyers, and hungry buyers for sellers to showcase their property too! Sales were underwhelming this week, but that is a reflection of the last few weeks really, but you can expect that number to rise sharply in the coming weeks with the current rate of activity. The annual trend is that the Spring market will always have what seems to be a lot of options, but it is also met with a balanced (or more) demand for products as relocations are in full swing, as well as other folks who need to move for various other reasons. Most like to be settled before Summer hits so they can enjoy it, so the push to be in their new residence really becomes the main focus during the Spring months. As these buyers purchase property and the demand wains, the market cools and we see activity start to slow. Good news for buyers who are perhaps looking to get into the market, and who don't; want to compete as intensely, but the market is anything but predictable these days so you never know what will happen. Stay tuned to stay on top of the market, and 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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