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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 273 (266, 259, 225, 219) *227 Sold: 140 (110, 109, 108, 110) *120 Sale To Listing Ratio: 51% (41%, 42%, 50%, 65%) *53% Price Changes: 115 (92, 80, 70, 118) *64 Conditional Sale: 178 (146, 131, 161, 99) *120 Expired/Cancelled/Withdrawn: 93 (32, 34, 35, 77) *75 Total Active Halifax/Dartmouth Inventory: 1,557 (1,569, 1,511, 1,441, 1,433) *1,345 Absorption Rate: *13 (14, 14, 14, 14) *11 Single Family Home Stats Active Single Family Home: 733 (744, 698, 657, 669) *676 Average Single Family Home List Price: $653,290 ($622k, $644k, $606k, $636k) *$569k Average Single Family Home Selling Price: $647,217 ($625k, $639k, $606k. $638k) *$577k Single Family Home Sale to List Ratio This Week: 99% (101%, 99%, 101%, 101%) *101% Median Single Family Home List Price (6 mo): $574,900 ($570k,$570k,$569k,$565k) *$525k Median Single Family Home Sold Price(6 mo):$570,000 ($569k,$570k,$565k,$565k)*$526k Average Days on Market Single Family Home: 44 (28, 34, 30, 36) *45 Condo Stats Active Condos: 159 (157, 153, 151, 139) *121 Average Condo Listing Price: $479,000 ($420k, $452k, $505k, $474k) *$466k Average Condo Selling Price: $485,000 ($412k, $447k, $502k, $470k) *$461k Condo Sale to List Ratio This Week: 101% (98%, 99%, 99%, 99%) *99% Median Condo List Price (6 mo): $442,900 ($440k, $440k, $440k, $446k) *$438k Median Condo Sold Price (6 mo): $441,500 ($435k, $432k, $437k, $447k) *$429k Average Days on Market Condos: 47 (44, 18, 39, 23)*25 Active Vacant Lots: 433 (431, 406, 406, 402) *386 Market Rant Spring is in full bloom, and so is the Halifax real estate market! This past week, we saw a solid 273 new listings, keeping the market active as inventory levels hover at 1,557 total properties—a slight dip from last week but still above last year's levels. Meanwhile, sales jumped to 140 closed deals, pushing the sale-to-listing ratio up to 51%—a big leap from the previous week's 41%, showing that demand is picking up as buyers return. Price adjustments are also making waves, with 115 price changes, up from 92 last week, indicating that sellers are fine-tuning their strategies. The conditional sale count surged to 178, the highest we've seen in weeks, suggesting strong buyer interest heading into the warmer months. The market remains competitive, with properties still moving, though we’re seeing a slight increase in days on market. Sellers are adjusting expectations, while buyers are navigating a dynamic landscape where well-priced properties continue to get snapped up. As we move deeper into spring, will this momentum carry forward into a busy summer? Stay tuned to the blog to stay on keep tabs, 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 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.. ListingsPhoto's by Jeremiah
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