(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 177 (152, 183, 179, 179) *165 Sold: 115 (88, 97, 102, 90) *96 Sale To Listing Ratio: 65% (58%, 53%, 57%, 50%) *55% Price Changes: 64 (34, 62, 61, 68) *38 Conditional Sale: 99 (111, 122, 112, 115) *128 Expired/Cancelled/Withdrawn: 31 (32, 35, 78, 42) *27 Total Active Halifax/Dartmouth Inventory: 1,412 (1,387, 1,407, 1,385, 1,384) *1,277 Absorption Rate: *14 (15, 15, 17) *14 Single Family Home Stats Active Single Family Home: 646 (626, 640, 623, 612) *622 Average Single Family Home List Price: $657,588 ($643k, $627k, $628k, $650k) *$570k Average Single Family Home Selling Price: $647,909 ($636k, $626k, $624k, $653k) *$564k Single Family Home Sale to List Ratio This Week: 99% (97%, 99%, 99%, 101%) *99% Median Single Family Home List Price (6 mo): $559,900 ($550k, $550k,$550k, 550k) *$500k Median Single Family Home Sold Price(6 mo):$561,555 ($558k, $555k, $557k, $556k)*$519k Average Days on Market Single Family Home: 44 (44, 44, 49, 55) *31 Condo Stats Active Condos: 143 (138, 145, 145, 138) *105 Average Condo Listing Price: $479,718 ($473k, $402k, $400k, $473k) *$488k Average Condo Selling Price: $475,631 ($467k, $401k, $390k, $468k) *$486k Condo Sale to List Ratio This Week: 99% (99%, 98%, 98%, 99%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $448k, $449k) *$440k Median Condo Sold Price (6 mo): $449,000 ($450k, $450k, $450k, $450k) *$428k Average Days on Market Condos: 32 (8, 25, 53, 26) *36 Active Vacant Lots: 402 (396, 396, 395, 391) *397 Market Rant The Halifax real estate market is gaining momentum, with buyers and sellers stepping up their activity. More new listings hit the market this week, and sales saw a solid increase, bringing the sale-to-listing ratio up. Price adjustments also ticked upward, showing that sellers are fine-tuning their strategies to align with market conditions. Single-family homes continue to command attention, with prices trending upward and buyers still willing to pay close to asking. The market remains competitive, with homes selling at a steady pace, and little change in how long they’re staying on the market. Condos are also holding strong, with prices stabilizing and demand remaining consistent. Although they’re spending a little longer on the market compared to last week’s quick turnaround, interest in this segment remains steady. Overall, the market is showing resilience, with a good balance of inventory and buyer demand. As we move further into the season, it will be interesting to see whether this momentum continues to build or if we see another shift in market dynamics. Stay tuned to find out, and thanks for stopping by! The Weekly "Adogtable"Meet Flint, a spunky, spotted ball of energy who is ready to find his forever home! This energetic and playful boy has a heart full of love, and he's looking for an active family who can keep up with his adventurous spirit. Flint thrives on exercise and playtime, so he would do best with owners who can tire him out through fun activities and adventures. After a long day of running around, he's all about showing his sweet side. Flint would benefit from an experienced owner who can help him grow and succeed in life, providing him with guidance, structure, and plenty of love. If you're looking for a loyal companion to join your active lifestyle, Flint could be the perfect match! Come meet this lovable, jumpy boy today and see if you're the right fit for each other. **Online Applications DO NOT hold the animal, if you're interested in adopting you must come to the shelter to meet the animal before the start of the adoption process** Flint is being cared for at the HRM Animal Redemption Centre located at 201 Brownlow Ave, Suite #9. We are open to the public every day from 11am-4pm for meet and greets and adoptions at this location. For more information or to discuss further please contact the HRM Animal Redemption Centre at [email protected] or 902-536-2032. This "cuddly companion" is available through the NS SPCA, 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. 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.. ListingsPhoto's by Jeremiah
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