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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 343 (247, 223, 304, 272) *260 Sold: 168 (141, 113, 203, 116) *168 Sale To Listing Ratio: 49% (57%, 51%, 67%, 43%) *65% Price Changes: 142 (114, 98, 94, 115) *102 Conditional Sale: 186 (189, 142, 180, 182) *181 Expired/Cancelled/Withdrawn: 43 (55, 44, 65, 43) *28 Total Active Halifax/Dartmouth Inventory: 1,811 (1,661, 1,665, 1,654, 1,591) *1,658 Absorption Rate: *12 (12, 12, 12, 13) *11 Single Family Home Stats Active Single Family Home: 920 (818, 805, 803, 770) *810 Average Single Family Home List Price: $663,389 ($673k, $651k, $605k, $643k) *$614k Average Single Family Home Selling Price: $660,651 ($671k, $647k, $606k, $647k) *$621k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 101%, 101%) *101% Median Single Family Home List Price (6 mo): $594,450 (%590k,$585k,$580k,$579k) *$550k Median Single Family Home Sold Price(6 mo):$585,000 ($584k,$580k,$575k,$573k)*$560k Average Days on Market Single Family Home: 28 (27, 33, 32, 33) *28 Condo Stats Active Condos: 176 (162, 171, 164, 156) *134 Average Condo Listing Price: $449,900 ($430k, $439k, $451k, $465k) *$451k Average Condo Selling Price: $448,832 ($424k, $438k, $449k, $455k) *$450k Condo Sale to List Ratio This Week: 99% (99%, 99%, 99%, 98%) *99% Median Condo List Price (6 mo): $442,900 ($439k, $440k, $440k, $440k) *$435k Median Condo Sold Price (6 mo): $434,523 ($430k, $434k, $434k, $437k) *$430k Average Days on Market Condos: 21 (25, 33, 37, 25) *14 Active Vacant Lots: 449 (432, 436, 442, 431) *508 Market Rant This week’s market activity suggests that while new listings continue to rise, buyer activity has cooled slightly. We’re seeing the gap between new listings and sales widen again, a sign of shifting balance in the market. Despite this, prices are holding steady, especially in the single-family segment, where homes are still selling close to their list prices. The condo market remains consistent, with strong sale-to-list performance and quick turnaround times. Median prices have inched up slightly over the last few weeks, but inventory is growing, offering more choice to buyers. Overall inventory levels are at their highest point this year, signaling a return to more balanced conditions. While competition remains for well-priced homes, the pace feels more sustainable than in past weeks. Price adjustments are more common, and sellers may need to be more strategic as we move through the season. Stay tuned to the blog 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 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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