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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 218 (294, 324, 377, 250) *247 Sold: 98 (124, 140, 126, 93) *141 Sale To Listing Ratio: 45% (42%, 43%, 33%, 37%) *57% Price Changes: 105 (189, 162, 131, 96) *114 Conditional Sale: 124 (162, 172, 189, 100) *189 Expired/Cancelled/Withdrawn: 59 (42, 48, 32, 45) *55 Total Active Halifax/Dartmouth Inventory: 1,983 (1,905, 1,846, 1,817, 1,691) *1,661 Absorption Rate: *16 (16, 16, 16, 17) *12 Single Family Home Stats Active Single Family Home: 1,031 (1,001, 966, 938, 837) *818 Average Single Family Home List Price: $642,043 ($726k, $664k, $675k, $649k) *$673k Average Single Family Home Selling Price: $635,624 ($714k, $665k, $670k, $645k) *$671k Single Family Home Sale to List Ratio This Week: 99% (98%, 101%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$589,900 ($595k, $590k, $590k, $590k) *$590K Median Single Family Home Sold Price(6mo): $583,000 ($585k, $580k, $580k, $580k)*$584k Average Days on Market Single Family Home: 34 (36, 22, 44, 49) *27 Condo Stats Active Condos: 245 (239, 230, 228, 221) *162 Average Condo Listing Price: $530,042 ($453k, $462k, $493k, $469k) *$430k Average Condo Selling Price: $516,207 ($451k, $454k, $477k, $464k) *$423k Condo Sale to List Ratio This Week: 97% (99%, 98%, 97%, 99%) *99% Median Condo List Price (6 mo): $449,900 ($448k, $440k, $445k, $447k) *$439k Median Condo Sold Price (6 mo): $436,000 ($430k, $430k, $430k, $430k) *$430k Average Days on Market Condos 52 (22, 22, 40, 34) *25 Active Vacant Lots: 401 (382, 376, 371, 363) *432 Market Rant The spring market across Halifax continues to evolve, with inventory climbing once again and giving buyers even more opportunities to explore the market. New listings eased slightly this week, but overall supply continues to build, creating a more balanced atmosphere than we’ve seen in recent years. Sales activity softened compared to the previous few weeks, though demand remains steady overall. Buyers appear to be taking a more patient and selective approach, especially as the number of available homes continues to grow. This is leading to a healthier dynamic where thoughtful pricing and strong presentation are becoming increasingly important for sellers. In the single-family home segment, pricing settled back after last week’s surge, while homes continued to sell close to asking price. Properties are still moving at a steady clip, showing that well-positioned homes are continuing to attract attention despite the increased competition. The condominium market saw a noticeable jump in pricing this week, although units are spending a little more time on the market compared to recent weeks. Even so, condos continue to perform well overall and remain an appealing option for many buyers entering the market or looking to simplify their lifestyle. Overall, the market is continuing its spring transition, with rising inventory helping to create more choice, more balance, and a calmer environment for both buyers and sellers. Stay tuned to the blog to stay on top of the changing market, and 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. Latest 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 fifteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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