The Halifax Real Estate Blog Weekly Market Rant and Statistics Update, by Jeremiah Wallace of ViewPoint Realty (September 17th-24th, 2020)
(Previous weeks numbers in brackets)
*Previous Year's Stats
New/Back to Market Listings: 343 (367, 351, 322, 334) *207
Sold: 226 (270, 221, 248, 250) *189
Sale To Listing Ratio: 66% (63%, 63%, 77%, 75%) *91%
Price Changes: 114 (140, 114, 111, 116) *124
Listings that went conditional/pending: 289 (317, 252, 297, 274) *187
Expired/Cancelled/Withdrawn: 58 (60, 46, 65, 56) *57
Total Active Halifax/Dartmouth Inventory: 1,721 (1,741, 1,771, 1,793, 1,830) +3,094
Absorption Rate in weeks: 7 (7, 7, 7, 8) *18
Single Family Home Stats
Active Single Family Home: 827 (838, 872, 904, 916) *1,685
Average Single Family Home List Price: $412,837 ($391k,$404k,$413k,$402k) *$331k
Average Single Family Home Selling Price: $414,491 ($394k,$409k,$413k,$408k) *$324k
Single Family Home Sale to List Ratio This Week: 101% (101%,101%,99%,101%) *98%
Median Single Family Home List Price (6 mo): $339,900 ($340k,$339k,$338k,$335k)*$309k
Median Single Family Home Sold Price (6 mo):$345,000 ($344k,$342k,$340k,$338k)*$302k
Average Days on Market Single Family Home: 34 (34, 51, 48, 41) *52
Active Condos: 162 (163, 159, 153, 164) *210
Average Condo Listing Price: $286,204 ($268k, $289k, $289k, $249k$256k
Average Condo Selling Price: $297,555 ($272k, $289k, $286k, $257k) *$249k
Condo Sale to List Ratio This Week: 104% (100%, 100%, 99%, 101%) 98%
Median Condo List Price (6 mo): $259,900 ($260k, $270k, $270k, $270k) *$250k
Median Condo Sold Price (6 mo): $260,000 ($260k, $270k, $272k, $270k) *$245k
Average Days on Market Condos: 8 (18, 33, 30, 17)*34
Active Vacant Lots: 567 (568, 569, 571, 585) *936
Teddy seemed to put a stall on some activity this week, but by no means did it significantly impact the overall weekly report. Sure, we lost a couple days this week to the pending storm, but activity ramped right back up as soon as it had passed. Lots of new (and growing) listings this week met with an almost unfazed group of buyers, as reflected by the conditional/pending stat, so it was almost business as usual despite having a Hurricane turned post tropical storm bear down on us. Values returned to their peaks this week as we enter the first week of the Fall, so only time will tell if we have hit the peak of the season by this time, or not. Any way you slice it, Summer had to have smashed some records in Real Estate this year, it truly has been an incredible market. Still, many await their turn to enter the Atlantic provinces, hoping someday soon the bubble will burst and they can plan their relocation. Until then, many people stand by to send another surge towards our housing market when it does happen, so tracing the impact of that event will prove interesting indeed, In the interim, stay tuned to the blog to stay on top of the current, and ever changing market. Thanks for stopping by, and stay safe out there!
The Weekly Adogtable!
My name is Macy and I am a 6 year old Rottweiler/mastiff mix girl weighing around 90lbs. I was a local surrender and have been waiting over 4 months to find my forever home so I'm ready!
I am good with adults and kids but I can get over excited and knowing my size could easily knock over little ones by accident. I had a cat with me in a home and we did okay but anything quick moving outside I will pull as hard as I can to go see them. I have seen dogs from a distance and will growl and lunge and pull to get to them so I am looking to be the only dog in the home and also make sure my family can handle my strength.
I'm good on my leash when no distractions are around but have a hard time focusing when other animals go by. I am learning recall and will answer to my name and come immediately, again without distractions like animals and people.
I am very energetic, I just had my ACL fixed and it does not slow me down one bit anymore. Since my recovery, I am getting very close to be able to run and dash with no more cracking coming from my back leg. I can also definitely be a couch potato just as much of a snuggle bug and play once I'm comfortable with someone. I had two incident inside the house while with foster dad but never again.
Foster dad will brush my teeth, clip my nails and clean my ear and I just sit there without complaining, other than occasionally pulling my paw back. I am good in the car and I'm learning baths aren't scary either. I don’t really love being left alone but will be fine with it. I don't chew anything I'm not supposed to so don't need to be crated and if I'm being honest I really don't like them.
I do not touch tables or counters but will eat whatever you give me. Toys are now fun ! I have learned to play with chew toys, chase balls and play tug. I will answer to sit, down, paw, wait, up and look and will turn on my belly every time I'm laying down to ask for a belly rub.
Are you my forever home?
My adoption fee is a $350 donation to help save more dogs like me. I am spayed and microchipped, and I have all my doggy papers to come home to you! You can apply for me at
This "cuddly companion" is available through Save a Life Canada Animal Rescue Society, a non profit rescue organization from Nova Scotia. More info about her 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!
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Newest Blog post HERE
Jeremiah Wallace, CD
Jeremiah has been involved with many aspects of the Real Estate industry for over twelve years. This includes construction, residential renovations, interior design, and investing in various income generating property products..
Photo's by Jeremiah