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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 147 (151, 183, 192, 156) *250 Sold: 159 (129, 169, 162, 151) *229 Sale To Listing Ratio: 108% (85%, 92%, 84%, 97%) *92% Price Changes:42 (34, 30, 53, 30) *88 Listings that went conditional/pending: 168 (136, 171, 186, 176) *208 Expired/Cancelled/Withdrawn: 24 (36, 46, 99, 38) *37 Total Active Halifax/Dartmouth Inventory: 877 (909, 916, 942, 954) +1,492 Absorption Rate in weeks: 6 (6, 6, 6, 6) *7 Single Family Home Stats Active Single Family Home: 282 (297, 311, 331, 327) *653 Average Single Family Home List Price: $468,520 ($450k,$469k,$472k,$479k) *$400k Average Single Family Home Selling Price: $507,500 ($496k,$506k,$509k,$508k) *$403k Single Family Home Sale to List Ratio This Week: 108% (110%,108%,108%,106%) *101% Median Single Family Home List Price (6 mo): $389,900 ($390k,$340k,$386k,$387k) *$349k Median Single Family Home Sold Price (6 mo):$437,000 ($437k,$436k,$435k,$435k)*$355k Average Days on Market Single Family Home: 22 (15, 20, 17, 20) *35 Condo Stats Active Condos: 61 (60, 56, 63, 58) *135 Average Condo Listing Price: $382,247 ($351k, $435k, $474k, $417k) *$378k Average Condo Selling Price: $405,135 ($377k, $429k, $458k, $433k) *$369k Condo Sale to List Ratio This Week: 106% (107%, 99%, 97%, 104%) *97% Median Condo List Price (6 mo): $325,000 ($325k, $325k, $325k, $320k) *$270k Median Condo Sold Price (6 mo): $341,000 ($341k, $348k, $345k, $342k) *$272k Average Days on Market Condos: 33 (8, 13, 19, 32) *28 Active Vacant Lots: 404 (416, 416, 409, 423) *551 Market Rant Over under on the sales to list ratio for the first time in awhile, but we are in the season that anything can happen so it's not too surprising to see oddball stat reports! Localized hotbeds of activity for new listings continue this week, and still a good amount of buyer interest out there as well. Weather has held out for the most part, so buyers are taking advantage, and sellers continue to take advantage of the optimal selling conditions. Holidays are approaching, and it would seem many buyers have tapped out for the rest of the year, taking a rest to recharge the search in the new year, but there are still some hoping to snag a home before the year is out. Two incredible years of an unpredictable and unprecedented market here in Halifax, so the big questions is what's next? Are we destined to keep living this market, with buyers having to salvage what little meat is left on the bones until nothing is left, or will 2022 be the year of change? We still seem to have a lot of buyer pressure from out of province bearing down on our fair city, and the bulk of buyers seems to grow by the day as what little inventory that trickles to the market is snapped up in short order. January 2022 should start the ramp up of activity, but we really won't have a good idea of how things will shape up until the Spring market has passed and we are left with the data to analyze what happened. Of course, there are ways to get indications of how the current market is performing, like checking into the blog, so do that when you can and stay informed! Thanks for stopping by and stay safe out there! The Weekly "Adogtable" Thor is a busy puppy that is learning all the rules of the world as he experiences socialization with a great group of dogs in his foster home. Thor walks decent on a leash, is almost fully house trained, and knows most basic commands. Thor does have separation anxiety, and resource guards some things, so this will need to be worked on. Thor loves people, but would be recommended in a home with older children due to his resource guarding. Thor is fine with the resident cat. 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 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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