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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 143 (175, 219, 202, 228) *204 Sold: 92 (117, 139, 119, 137) *119 Sale To Listing Ratio: 64% (67%, 64%, 59%,60%) *58% Price Changes: 76 (126, 102, 93, 142) *103 Conditional Sale: 98 (134, 134, 141, 174) *120 Expired/Cancelled/Withdrawn: 78 (114, 55, 69, 62) *71 Total Active Halifax/Dartmouth Inventory: 1,722 (1,718, 1,761, 1,744, 1,745) *1,536 Absorption Rate: 15 (13, 13, 13, 13) *13 Single Family Home Stats Active Single Family Home: 834 (838, 868, 881, 888) *813 Average Single Family Home List Price: $604,190 ($593k, $620k, $581k, $588k) *$574k Average Single Family Home Selling Price: $602,229 ($592k, $613k, $577k, $579k) *$570k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99%, 99%) *99% Median Single Family Home List Price (6 mo): $555,000 ($550k,$555k,$560k,$564k) *$520k Median Single Family Home Sold Price(6 mo):$560,000 ($560k,$560k,$565k,$565k)*$535k Average Days on Market Single Family Home: 42 (31, 33, 28, 25) *31 Condo Stats Active Condos: 176 (172, 167, 153, 147) *127 Average Condo Listing Price: $549,383 ($455k, $447k, $446k, $447k) *$348k Average Condo Selling Price: $531,506 ($450k, $447k, $441k, $451k) *$345k Condo Sale to List Ratio This Week: 97% (99%, 101%, 99%, 101%) *99% Median Condo List Price (6 mo): $449,850 ($449k, $442k, $445k, $440k) *$430k Median Condo Sold Price (6 mo): $448,500 ($447k, $442k, $445k, $442k) *$440k Average Days on Market Condos: 41 (30, 18, 22, 33) *38 Active Vacant Lots: 486 (490, 500, 491, 494) *416 Market Rant This week’s Halifax market report reveals some interesting shifts as we head further into the season. New listings have dropped to 143, down from 175, while sales also saw a dip to 92—showing a market taking a breather as inventory holds steady at 1,722. The sale-to-list ratio is holding firm at 64%, with price changes easing off to 76, suggesting sellers might be getting more confident in holding their ground on pricing. Single-family homes continue to list around $604K, selling at $602K—a close match that hints at balanced negotiations. Days on market for these homes rose to 42, showing a slight cooling, yet the absorption rate jumped to 15, meaning those who do buy are closing fast. Condos had a bit more drama this week: average listing prices surged to $549K, with sales averaging at $531K and a slight dip in the sale-to-list ratio to 97%. Condos are also taking a little longer to move, sitting at an average of 41 days on market, suggesting buyers may be considering their options. All in all, the Halifax market remains dynamic and steady, with a little more time for buyers to weigh their options and sellers finding a middle ground on pricing. It’s a market in motion, with plenty for all sides to consider! 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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