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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 177 (210, 186, 210, 291) *163 Sold: 117 (150, 128, 121, 130) *126 Sale To Listing Ratio: 66% (71%, 69%, 58%, 45%) *77% Price Changes: 142 (147, 163, 171, 175) *105 Conditional Sale: 144 (136, 164, 147, 157) *151 Expired/Cancelled/Withdrawn: 132 (59, 69, 74, 95) *70 Total Active Halifax/Dartmouth Inventory: 1,894 (2,007, 1,996, 2,068, 2,084) *1,625 Absorption Rate: *15 (15, 16, 17, 17) *14 Single Family Home Stats Active Single Family Home: 958 (1,028, 1,032, 1,083, 1,092) *761 Average Single Family Home List Price: $614,700 ($575k, $595k, $550k, $580k) *$574k Average Single Family Home Selling Price: $609,977 ($560k, $589k, $560k, $578k) *$573k Single Family Home Sale to List Ratio This Week: 99% (97%, 99%, 102%, 99%) *99% Median Single Family Home List Price (6 mo):$585,000 ($585k,$589k,$590k,$590k) *$559K Median Single Family Home Sold Price(6 mo):$580,000 ($580k,$582k,$584k,$585k)*$560k Average Days on Market Single Family Home: 53 (39, 36, 35, 34) *36 Condo Stats Active Condos: 215 (230, 227, 233, 232) *151 Average Condo Listing Price: $445,159 ($463k, $556k, $467k, $482k) *$499k Average Condo Selling Price: $424,307 ($450k, $550k, $461k, $471k) *$493k Condo Sale to List Ratio This Week: 95% (97%, 99%, 99%, 98%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$449k Median Condo Sold Price (6 mo): $440,000 ($449k, $444k, $440k, $440k) *$449k Average Days on Market Condos 63 (39, 15, 37, 35) *41 Active Vacant Lots: 437 (459, 454, 464, 469) *490 Market Rant This week’s market brought a noticeable seasonal cooldown, with new listings dipping again and overall inventory continuing to tighten after several months of build-up. While buyer activity remains steady, sellers are feeling less competition compared to midsummer levels. Single-family homes held their ground, with pricing stable and most sales landing close to asking — a sign that motivated buyers are still out there, even as days on market stretch a bit. Condos, on the other hand, saw slower movement, with a few more price adjustments and longer listing times hinting that some units may have overshot the current demand curve. Compared to this time last year, the overall picture remains balanced but slightly calmer — inventory levels are higher, giving buyers a touch more breathing room, yet homes that show well and are priced right continue to move quickly. All told, it feels like the fall market has fully settled in: fewer new listings, steady buyer interest, and just enough balance to keep both sides on their toes as we head toward the year’s final stretch. Stay tuned to the blog to stay on top of the changing market, and thanks for stoping 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. 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 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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