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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 159 (124, 181, 192, 185) *177 Sold: 89 (93, 95, 97, 66) *115 Sale To Listing Ratio: 56% (75%, 53%, 50%, 36%) *65% Price Changes: 53 (63, 64, 54, 58) *64 Conditional Sale: 114 (79, 102, 107, 105) *99 Expired/Cancelled/Withdrawn: 38 (31, 41, 92, 53) *31 Total Active Halifax/Dartmouth Inventory: 1,473 (1,470, 1,468, 1,435, 1,440) *1,412 Absorption Rate: *16 (17, 18, 20) *14 Single Family Home Stats Active Single Family Home: 674 (664, 662, 663, 671) *646 Average Single Family Home List Price: $656,719 ($610k, $665k, $623k, $600k) *$658k Average Single Family Home Selling Price: $642,924 ($605k, $654k, $617k, $599k) *$649k Single Family Home Sale to List Ratio This Week: 98% (99%, 98%, 99%, 99%) *99% Median Single Family Home List Price (6 mo):$579,900 ($580k, $580k, $580k, $580k) *$560K Median Single Family Home Sold Price(6 mo):$571,500 ($570k, $570k, $571k, $572k)*$562k Average Days on Market Single Family Home: 65 (43, 59, 45, 53) *44 Condo Stats Active Condos: 184 (187, 191, 181, 183) *143 Average Condo Listing Price: $469,900 ($440k, $460k, $472k, $491k) *$480k Average Condo Selling Price: $460,000 ($420k, $452k, $461k, $481k) *$476k Condo Sale to List Ratio This Week: 98% (96%, 98%, 98%, 98%) *99% Median Condo List Price (6 mo): $439,900 ($435k, $440k, $440k, $440k) *$450k Median Condo Sold Price (6 mo): $429,900 ($429k, $430k, $430k, $430k) *$450k Average Days on Market Condos 34 (53, 41, 76, 94) *32 Active Vacant Lots: 352 (360, 359, 357, 359) *402 Market Rant The Halifax market settled into a steadier stride this week, with new listings coming in at a moderate pace and buyer activity easing slightly compared to recent weeks. Inventory remained fairly level overall, keeping conditions balanced and preventing any sharp shifts in leverage on either side of the transaction. Single-family homes continue to be the market’s anchor. Pricing stayed firm and closely aligned between list and sale, though homes are taking longer to move, suggesting buyers are being more deliberate and selective. Well-prepared and realistically priced properties are still attracting attention, but urgency has clearly softened. The condo segment showed encouraging signs, with listings moving more efficiently and selling close to expectations. With inventory holding steady and days on market improving, this category appears to be finding its footing after a choppier stretch earlier in the season. The market feels like it’s pausing to take a breath, which could simply be the adverse weather conditions over the last couple of weeks. If inventory remains contained and buyer engagement holds, we may be setting up for a smoother, more predictable transition into the next phase of the spring market rather than a sudden surge. Stay tuned to the blog to stay on top of the 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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