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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 152 (183, 179, 179, 159) *165 Sold: 88 (97, 102, 90, 76) *86 Sale To Listing Ratio: 58% (53%, 57%, 50%, 48%) *52% Price Changes: 34 (62, 61, 68, 66) *52 Conditional Sale: 111 (122, 112, 115, 111) *106 Expired/Cancelled/Withdrawn: 32 (35, 78, 42, 49) *17 Total Active Halifax/Dartmouth Inventory: 1,387 (1,407, 1,385, 1,384, 1,362) *1,276 Absorption Rate: *15 (15, 17) *14 Single Family Home Stats Active Single Family Home: 626 (640, 623, 612, 614) *630 Average Single Family Home List Price: $643,263 ($627k, $628k, $650k, $610k) *$575k Average Single Family Home Selling Price: $636,226 ($626k, $624k, $653k, $571k) *$576k Single Family Home Sale to List Ratio This Week: 97% (99%, 99%, 101%, 94%) *101% Median Single Family Home List Price (6 mo): $550,000 ($550k,$550k, 550k, $550k) *$500k Median Single Family Home Sold Price(6 mo):$557,500($555k, $557k, $556k, $555k)*$519k Average Days on Market Single Family Home: 44 (44, 49, 55, 55) *36 Condo Stats Active Condos: 138 (145, 145, 138, 135) *98 Average Condo Listing Price: $472,633 ($402k, $400k, $473k, $495k) *$453k Average Condo Selling Price: $466,905 ($401k, $390k, $468k, $496k) *$447k Condo Sale to List Ratio This Week: 99% (98%, 98%, 99%, 101%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $448k, $449k, $450k) *$432k Median Condo Sold Price (6 mo): $450,000 ($450k, $450k, $450k, $450k) *$425k Average Days on Market Condos: 8 (25, 53, 26, 54) *39 Active Vacant Lots: 396 (396, 395, 391, 393) *394 Market Rant As February unfolds, the real estate market is finding its rhythm. While new listings have slowed slightly, buyer demand remains steady, keeping the market active. Sales are holding strong, and the pace of transactions is picking up in some areas. Single-family homes continue to see healthy activity, with prices staying competitive and homes selling at a steady pace. Buyers are still willing to pay close to asking, but the market is showing some negotiation wiggle room. Condos, on the other hand, are moving at lightning speed! With strong demand, they’re selling faster than in previous weeks, proving that affordability and convenience are big draws in today’s market. Overall, while inventory is stable, buyers are still making moves, and sellers who price strategically are seeing success. If you're thinking of jumping into the market, now is the time to stay informed and ready to act! 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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