|
(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 266 (295, 274, 258, 198) *231 Sold: 117 (117, 133, 114, 108) *138 Sale To Listing Ratio: 44% (40%, 49%, 44%, 54%) *60% Price Changes: 168 (154, 159, 165, 129) *144 Conditional Sale: 142 (171, 154, 123, 141) *177 Expired/Cancelled/Withdrawn: 143 (80, 67, 54, 112) *135 Total Active Halifax/Dartmouth Inventory: 2.070 (2,096, 2,090, 2,003, 1,938) *1,756 Absorption Rate: *17 (18, 17, 16, 15) *13 Single Family Home Stats Active Single Family Home: 1,078 (1,092, 1,081, 1,041, 1,008) *890 Average Single Family Home List Price: $552,851 ($560k, $560k, $585k, $575k) *$658k Average Single Family Home Selling Price: $540,734 ($563k, $561k, $573k, $565k) *$659k Single Family Home Sale to List Ratio This Week: 98% (99%, 99%, 98%, 94%) *101% Median Single Family Home List Price (6 mo):$589,900 ($590k,$594k,$599k,$599k) *$568k Median Single Family Home Sold Price(6 mo):$585,000 ($586k,$586k,$590k,$590k)*$569k Average Days on Market Single Family Home: 33 (45, 49, 36, 37) *28 Condo Stats Active Condos: 225 (235, 234, 219, 219) *147 Average Condo Listing Price: $516,461 ($480k, $521k, $477k, $450k) *$486k Average Condo Selling Price: $507,346 ($461k, $496k, $466k, $435k) *$479k Condo Sale to List Ratio This Week: 98% (96%, 95%, 98%, 97%) *99% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$440k Median Condo Sold Price (6 mo): $440,000 ($440k, $440k, $440k, $445k) *$440k Average Days on Market Condos 35 (77, 80, 35, 81) *46 Active Vacant Lots: 468 (473, 461, 443, 443) *506 Market Rant Our market here in Halifax continues to move with a steady rhythm as we roll further into the fall season. New listings are flowing in at a healthy pace, giving buyers more choice while also keeping sellers on their toes in a competitive environment. Sales held consistent with last week, showing that while activity isn’t spiking, buyers are still out shopping and writing offers. Price adjustments ticked upward, a sign that sellers are fine-tuning to meet market expectations, while the number of conditional deals remains strong—evidence of ongoing buyer confidence despite more inventory on the table. Overall inventory levels continue to hover at higher-than-last-year counts, giving today’s buyers a wider range of opportunities compared to this time in 2023. On the single-family side, list and sale prices are holding fairly close together, with properties averaging about a month on the market. Condos also continue to hold their own, with balanced pricing and reasonable timelines, though some units are taking a little longer to secure the right buyer. Vacant land remains steady, offering options for those looking to build from the ground up. All told, the market is walking the line between steady and competitive—offering buyers more breathing room than in previous years, while sellers are adapting to ensure their properties shine in a busier marketplace. Stay tuned to the blog to stay informed 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 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.
|
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
Archives
January 2026
Categories
All
|
RSS Feed