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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 295 (274, 258, 198, 218) *275 Sold: 117 (133, 114, 108, 136) *136 Sale To Listing Ratio: 40% (49%, 44%, 54%, 62%) *50% Price Changes: 154 (159, 165, 129, 94) *113 Conditional Sale: 171 (154, 123, 141, 136) *151 Expired/Cancelled/Withdrawn: 80 (67, 54, 112, 58) *65 Total Active Halifax/Dartmouth Inventory: 2.096 (2,090, 2,003, 1,938, 1,999) *1,840 Absorption Rate: *18 (17, 16, 15, 14) *15 Single Family Home Stats Active Single Family Home: 1,092 (1,081, 1,041, 1,008, 1,038) *938 Average Single Family Home List Price: $569,900 ($560k, $585k, $575k, $575k) *$592k Average Single Family Home Selling Price: $562,500 ($561k, $573k, $565k, $565k) *$583k Single Family Home Sale to List Ratio This Week: 99% (99%, 98%, 94%, 94%) *101% Median Single Family Home List Price (6 mo):$590,000 ($594k,$599k,$599k,$599k) *$565k Median Single Family Home Sold Price(6 mo):$585,750 ($586k,$590k,$590k,$590k)*$565k Average Days on Market Single Family Home: 45 (49, 36, 37, 35) *31 Condo Stats Active Condos: 235 (234, 219, 219, 233) *158 Average Condo Listing Price: $479,900 ($521k, $477k, $450k, $450k) *$432k Average Condo Selling Price: $460,844 ($496k, $466k, $435k, $435k) *$432k Condo Sale to List Ratio This Week: 96% (95%, 98%, 97%, 97%) *100% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$440k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $445k, $440k) *$440k Average Days on Market Condos 77 (80, 35, 81, 81) *19 Active Vacant Lots: 471 (473, 461, 443, 443) *513 Market Rant The Halifax market continues to show a mix of momentum and seasonal shifts. New listings rose again this week, keeping inventory at its highest levels of the year so far and well above where we were last year. Despite that, sales activity pulled back a little, with fewer homes closing compared to both last week and this time last year. For single-family homes, prices are holding fairly steady, with the average sale landing just under the asking price. Homes are still taking a bit longer to sell compared to last year, showing that buyers have more breathing room as options increase. Condos remain a smaller but interesting segment—active listings continue to climb, and while average prices have dipped from the highs we saw a few weeks back, they remain stronger than this time last year. Days on market, however, are stretching out considerably in this category. Overall, conditions are pointing toward a more balanced fall market. Inventory growth is giving buyers more choice, while sellers are adjusting expectations as competition builds. Stay tuned to the blog and stay informed! 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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