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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 175 (145) *198 Sold: 56 (32) *54 Sale To Listing Ratio: 32% (22%) *27% Price Changes: 78 (44) *60 Conditional Sale: 96 (53) *96 Expired/Cancelled/Withdrawn: 66 (204) *51 Total Active Halifax/Dartmouth Inventory: 1,427 (1,411) *1,356 Absorption Rate: * Single Family Home Stats Active Single Family Home: 673 (660) *622 Average Single Family Home List Price: $583,011 ($583k) *$618k Average Single Family Home Selling Price: $570,111 ($558k) *$604k Single Family Home Sale to List Ratio This Week: 98% (96%) *98% Median Single Family Home List Price (6 mo):$579,900 ($580k) *$550K Median Single Family Home Sold Price(6 mo):$570,000 ($570k)*$555k Average Days on Market Single Family Home: 56 (64) *55 Condo Stats Active Condos: 185 (180) *135 Average Condo Listing Price: $478,071 ($457k) *$495k Average Condo Selling Price: $464,142 ($450k) *$495k Condo Sale to List Ratio This Week: 97% (98%) *100% Median Condo List Price (6 mo): $439,945 ($440k) *$450k Median Condo Sold Price (6 mo): $430,000 ($430k) *$450k Average Days on Market Condos 48 (29) *54 Active Vacant Lots: 360 (364) *393 Market Rant The first full stretch of the new year is starting to bring a bit more life back into the Halifax market. New listings picked up from the quieter holiday stretch, giving buyers a few more options to work with, while sales activity also showed a healthy rebound. Inventory edged up slightly overall, but remains well below what we’d consider a balanced market, keeping competition very much in play. Single-family homes continue to be the market’s steady anchor. Pricing has held firm, homes are still selling close to asking, and while days on market remain longer than peak seasons, they’re trending in a more comfortable, predictable range for both buyers and sellers. Condos saw a bit more movement as well, with pricing strengthening and listings turning over more consistently than in recent weeks. Looking ahead, this feels like a market shaking off the last of the holiday slowdown and settling into its early-year groove. As more listings come online and buyers re-engage after the break, we’ll be watching closely to see how momentum builds heading deeper into the winter months. 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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