the Halifax Real Estate Blog Weekly Market Rant and Statistics Update, by Jeremiah Wallace or ViewPoint Realty (September 24th-October 1st, 2020)
(Previous weeks numbers in brackets)
*Previous Year's Stats
New/Back to Market Listings: 295 (343, 367, 351, 322) *243
Sold: 238 (226, 270, 221, 248) *164
Sale To Listing Ratio: 81% (66%, 63%, 63%, 77%) *67%
Price Changes: 117 (114, 140, 114, 111) *127
Listings that went conditional/pending: 228 (289, 317, 252, 297) *166
Expired/Cancelled/Withdrawn: 92 (58, 60, 46, 65) *210
Total Active Halifax/Dartmouth Inventory: 1,683 (1,721, 1,741, 1,771, 1,793) +2,981
Absorption Rate in weeks: 7 (7, 7, 7, 7) *17
Single Family Home Stats
Active Single Family Home: 807 (827, 838, 872, 904) *1,624
Average Single Family Home List Price: $386,964 ($413k,$391k,$404k,$413k) *$351k
Average Single Family Home Selling Price: $395,516 ($415k,$394k,$409k,$413k) *$336k
Single Family Home Sale to List Ratio This Week: 102% (101%,101%,101%,99%) *96%
Median Single Family Home List Price (6 mo): $339,900 ($340k,$340k,$339k,$338k)*$308k
Median Single Family Home Sold Price (6 mo):$345,500 $345k,($344k,$342k,$340k)*$301k
Average Days on Market Single Family Home: 29 (34, 34, 51, 48) *68
Active Condos: 159 (162, 163, 159, 153) *199
Average Condo Listing Price: $283,296 ($286, $268k, $289k, $289k) *$300k
Average Condo Selling Price: $283,996 ($298k, $272k, $289k, $286k) *$270k
Condo Sale to List Ratio This Week: 101% (104%, 100%, 100%, 99%) 90%
Median Condo List Price (6 mo): $259,900 ($260k, $260k, $270k, $270k) *$250k
Median Condo Sold Price (6 mo): $260,000 ($260k, $260k, $270k, $272k) *$243k
Average Days on Market Condos: 13 (8, 18, 33, 30)*78
Active Vacant Lots: 562 (567, 568, 569, 571) *901
Is it October already? Not sure if anyone else feels like the beginning of the year was a slow crawl, only to hit warp speed over the Summer to now, but I sure do. My favourite season is here though, and my ideal time to get out to explore all the amazing sites of our province! The Fall season has brought desperate times to buyers however, unlike the various u-picks around the province, market offerings are slim pickings. Almost half of what was on the market last year at this time, and despite that, products are still moving in volume at higher velocity than last year at this time, which is certainly surprising. Although buyer activity was slightly lower this week, is was still much more than last year, which continues to feed the sellers market and put pressure on buyers clambering to grasp onto a piece of the limited selection, True to the season, the inventory across the board continues fall, and should continue to do so until the deepest part of the Winter months, which tends to be right around Christmas. Not the greatest news for people out there looking, but on a positive note, there is usually less competition around this time of year. Given this has been one of the most unique years in recent times however, our market has certainly followed suit in that regard as well, so it's anything but predictable. Keep your eyes to the blog to stay on top of things, thanks for stopping by and stay safe out there! .
The Weekly Adogtable!
Hi everyone! My name is Hooligan and I am a 60lbs, 2 year young male puppy. I was surrendered from a Humane Society and due to BSL I could not be adopted out there. I am super excited to find my forever home!
I don’t quite understand children and their unusual movements and voices, I get excited and want to play with them but I can be a little rough because of my size. My forever home should have kids over 15 or adults only.
I have not met any cats so I'm not really sure what I think about them. I have met multiple dogs and I am very reactive to the larger or intact male dogs, smaller female dogs have been ok but I'd rather just have my humans to myself. So I need a forever home who can exercise me away from active dog spaces, I won’t be a daycare or dog park kind of dog.
I am working on being muzzle trained because when I was put into a situation with a larger dog I reacted, my family tried to step in to help and I ended up biting them from reacting to the dog. A quiet neighborhood without lots of kids and other pets would be ideal for me.
I am also housetrained and crate trained because I may get into a few things if left alone. The neighbors said they don't hear a peep from me when I'm by myself. Oh and I know a bunch of commands! I will sit, stay/wait (even at meal times), shake and lay down. Let's just say I'm very treat motivated!
I am reactive on leash particularly to fast moving things, dogs or kids but I'm going to try to keep working on it with my forever family. I have been in the car and am a perfect car ride buddy. I would love to have a fenced yard to run out my zoomies in!
Zoomies are often followed by snuggle sessions and I am a complete bed hog at night. I love all things rubber and my favourite treat is pepperoni! Stuff some rubber toys with pepperoni and I'll be in heaven!
Are you my forever home?! 💙
My adoption fee is a $400 donation to help save more dogs like me. I am neutered 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 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!
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
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