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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 270 (265, 237, 218, 253) *256 Sold: 145 (125, 154, 138, 143) *147 Sale To Listing Ratio: 54% (46%, 65%, 63%, 57%) *57% Price Changes: 148 (133, 119, 121, 130) *137 Conditional Sale: 148 (157, 132, 159, 204) *165 Expired/Cancelled/Withdrawn: 44 (50, 96, 59, 58) *48 Total Active Halifax/Dartmouth Inventory: 1,998 (1,951, 1,916, 1,901, 1,916) *1,811 Absorption Rate: *14 (14, 13, 13, 13) *13 Single Family Home Stats Active Single Family Home: 1,044 (1,009, 999, 985, 1,013) *896 Average Single Family Home List Price: $574,900 ($610k, $600k, $575k, $576k) *$593k Average Single Family Home Selling Price: $562,000 ($602k, $599k, $553k, $561k) *$597k Single Family Home Sale to List Ratio This Week: 97% (99%, 99%, 96%, 95%) *101% Median Single Family Home List Price (6 mo):$599,000($591k,$600k,$600k,$600k) *$567k Median Single Family Home Sold Price(6 mo):$590,000 ($591k,$592k,$590k,$594k)*$570k Average Days on Market Single Family Home: 31 (42, 35, 29, 25) *29 Condo Stats Active Condos: 229 (227, 209, 204, 197) *141 Average Condo Listing Price: $460,663 ($465k, $450k, $566k, $472k) *$465k Average Condo Selling Price: $459,718 ($460k, $442k, $457k, $460k) *$458k Condo Sale to List Ratio This Week: 99% (99%, 99%, 98%, 97%) *98% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $448k, $460k) *$440k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $435k, $440k) *$440k Average Days on Market Condos 24 (51, 51, 29, 36) *27 Active Vacant Lots: 445 (443, 433, 429, 423) *525 Market Rant The Halifax market is keeping things lively as we head deeper into the season. After last week’s dip in sales, this week saw activity bounce back with more properties changing hands. Inventory has crept up again, giving buyers more options than we’ve seen since spring — but homes are still moving at a steady pace, keeping things competitive. Single-family homes remain the anchor of the market. Prices eased slightly from the highs we saw a couple of weeks ago, but homes are selling quickly, often within about a month. Condos, too, have held steady: inventory has ticked up, prices are stable, and days on market have actually dropped compared to last week — showing there’s plenty of demand at that level. Overall, compared to where we were a year ago, the market feels more balanced. Buyers have more breathing room, but sellers are still seeing strong results. It’s shaping up to be an active fall with no shortage of movement on both sides of the table. Stay tuned to the blog to stay informed, 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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