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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 225 (219, 177, 152, 183) *177 Sold: 108 (110, 115, 88, 97) *122 Sale To Listing Ratio: 48% (50%, 65%, 58%, 53%) *69% Price Changes: 70 (118, 64, 34, 62) *73 Conditional Sale: 161 (99, 99, 111, 122) *143 Expired/Cancelled/Withdrawn: 35 (77, 31, 32, 35) *23 Total Active Halifax/Dartmouth Inventory: 1,441 (1,433, 1,412, 1,387, 1,407) *1,260 Absorption Rate: *14 (14, 14, 15, 15) *13 Single Family Home Stats Active Single Family Home: 657 (669, 646, 626, 640) *622 Average Single Family Home List Price: $605,698 ($636k, $658k, $643k, $627k) *$584k Average Single Family Home Selling Price: $605,719 ($638k, $648k, $636k, $626k) *$590k Single Family Home Sale to List Ratio This Week: 101% (101%, 99%, 97%, 99%) *101% Median Single Family Home List Price (6 mo): $568,450 ($565k, $560k, $550k, $550k) *$519k Median Single Family Home Sold Price(6 mo):$565,000 ($565k, $562k, $558k, $555k)*$520k Average Days on Market Single Family Home: 30 (36, 44, 44, 44) *38 Condo Stats Active Condos: 151 (139, 143, 138, 145) *115 Average Condo Listing Price: $504,924 ($474k, $480k, $473k, $402k) *$493k Average Condo Selling Price: $502,081 ($470k, $476k, $467k, $401k) *$488k Condo Sale to List Ratio This Week: 99% (99%, 99%, 99%, 98%) *99% Median Condo List Price (6 mo): $439,900 ($446k, $450k, $450k, $450k) *$434k Median Condo Sold Price (6 mo): $437,250 ($447k, $450k, $450k, $450k) *$426k Average Days on Market Condos: 39 (23, 32, 8, 25) *29 Active Vacant Lots: 406 (402, 402, 396, 396) *385 Market Rant Our market here in Halifax continues to see steady movement, with new listings increasing, giving buyers more options. While sales dipped slightly, conditional sales saw a notable jump, signaling strong buyer interest even if deals are taking a little longer to finalize. Price adjustments remain active, suggesting sellers are fine-tuning their expectations to meet market demand. Single-family homes are seeing a shift, with listing and selling prices stabilizing after recent highs. Homes continue to sell right around asking price, and the time on market has shortened, indicating strong buyer engagement. This is also an average take on the market, as we are seeing above average interest in entry level price points. Condos have experienced a pricing uptick, with both list and sale prices rising, but properties are spending more time on the market compared to previous weeks. This suggests demand is steady but buyers may be taking a more measured approach. Overall, inventory is gradually increasing, giving buyers more selection, while sellers who price competitively are still seeing success. With the spring market on the horizon, conditions are setting up for an active season ahead. 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. 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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