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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 231 (275, 230, 261, 185) *260 Sold: 138 (136, 128, 122, 112) *116 Sale To Listing Ratio: 60% (50%, 56%, 47%, 61%) *45% Price Changes: 144 (113, 136, 122, 101) *135 Conditional Sale: 177 (151, 156, 158, 119) *174 Expired/Cancelled/Withdrawn: 135 (65, 46, 56, 98) *114 Total Active Halifax/Dartmouth Inventory: 1,756 (1,840, 1,781, 1,769, 1,761) *1,499 Absorption Rate: 13 (15, 14, 13, 13) *13 Single Family Home Stats Active Single Family Home: 890 (938, 895, 874, 890) *768 Average Single Family Home List Price: $657,948 ($592k, $582k, $592k, $601k) *$555k Average Single Family Home Selling Price: $658,673 ($593k, $581k, $594k, $598k) *$561k Single Family Home Sale to List Ratio This Week: 101% (101%, 99%, 101%, 99%) *101% Median Single Family Home List Price (6 mo): $567,900 ($565k,$560k,$565k,$565k) *$529k Median Single Family Home Sold Price(6 mo):$569,411 ($565k,$560k,$565k,$568k)*$545k Average Days on Market Single Family Home: 28 (31, 27, 27, 28) *23 Condo Stats Active Condos: 147 (158, 147, 140, 138) *129 Average Condo Listing Price: $486,431 ($432k, $515k, $599k, $468k) *$462k Average Condo Selling Price: $479,004 ($432k, $511k, $610k, $460k) *$460k Condo Sale to List Ratio This Week: 99% (101%, 99%, 102%, 98%) *99% Median Condo List Price (6 mo): $439,950 ($440k, $443k, $440k, $440k) *$430k Median Condo Sold Price (6 mo): $440,000 ($440k, $442k, $440k, $440k) *$440k Average Days on Market Condos: 46 (19, 24, 12, 15) *13 Active Vacant Lots: 506 (513, 513, 518, 513) *423 Market Rant The Halifax/Dartmouth real estate market remains in full motion, showing signs of both stability and change. Single-family homes continue to shine with climbing list and sale prices, reaching averages well above last year’s figures. Buyers are competing fiercely, paying over 100% of asking prices, which indicates a robust demand despite the market’s inventory gradually shrinking. Condos are seeing a bit more fluctuation. While prices have taken a small dip from previous weeks, they remain competitive compared to last year, though they are staying on the market longer. The condo market may be adjusting to a more cautious pace, but it still holds strong. Price changes and expired listings have spiked this week, suggesting that sellers might be fine-tuning their strategies as the market moves into a more balanced phase. Inventory remains healthy, and the absorption rate is steady, pointing to a market that is managing its supply and demand well. As the real estate landscape continues to evolve, the latest numbers suggest buyers and sellers alike are navigating the market with precision, keeping an eye on the shifting dynamics while still moving forward with confidence. 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 her 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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