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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 175 (219, 202, 228, 231) *209 Sold: 117 (139, 119, 137, 138) *117 Sale To Listing Ratio: 67% (64%, 59%,60%, 60%) *56% Price Changes: 126 (102, 93, 142, 144) *116 Conditional Sale: 134 (134, 141, 174, 177) *135 Expired/Cancelled/Withdrawn: 114 (55, 69, 62, 135) *140 Total Active Halifax/Dartmouth Inventory: 1,718 (1,761, 1,744, 1,745, 1,756) *1,525 Absorption Rate: 13 (13, 13, 13, 13) *13 Single Family Home Stats Active Single Family Home: 838 (868, 881, 888, 890) *809 Average Single Family Home List Price: $593,441 ($620k, $581k, $588k, $558k) *$544k Average Single Family Home Selling Price: $591,581 ($613k, $577k, $579k, $559k) *$545k Single Family Home Sale to List Ratio This Week: 99% (99%, 99%, 99%, 101%) *101% Median Single Family Home List Price (6 mo): $550,000 ($555k,$560k,$564k,$568k) *$520k Median Single Family Home Sold Price(6 mo):$560,000 ($560k,$565k,$565k,$569k)*$535k Average Days on Market Single Family Home: 31 (33, 28, 25, 28) *27 Condo Stats Active Condos: 172 (167, 153, 147, 147) *124 Average Condo Listing Price: $455,000 ($447k, $446k, $447k, $486k) *$493k Average Condo Selling Price: $450,000 ($447k, $441k, $451k, $479k) *$492k Condo Sale to List Ratio This Week: 99% (101%, 99%, 101%, 99%) *99% Median Condo List Price (6 mo): $449,000 ($442k, $445k, $440k, $440k) *$430k Median Condo Sold Price (6 mo): $447,000 ($442k, $445k, $442k, $440k) *$440k Average Days on Market Condos: 30 (18, 22, 33, 46) *31 Active Vacant Lots: 490 (500, 491, 494, 506) *407 Market Rant This week’s market brings a mix of movements that highlight the ongoing ebb and flow of activity. New listings have ticked down to 175, while 117 sales and a 67% sale-to-list ratio reflect buyers staying actively engaged with available inventory. As a result, we’re seeing a competitive yet stable environment, keeping sellers motivated and buyers on their toes. In the single-family home market, properties continue to attract interest, with the average list price at $593k and selling prices close behind at $591k. These homes are turning around in an average of 31 days, suggesting that buyers are keen to act swiftly when they find the right fit, but taking longer than the past few years. Condos are seeing a steady demand too, with 172 active listings and a sale-to-list ratio of 99%. Both listing and selling prices hover around the $450k mark, and with a slightly faster pace this week, condos are spending about 30 days on the market, giving buyers and sellers ample opportunities to make moves. All in all, the market’s vibe is one of steady demand and opportunity—a balanced dance of buyers and sellers, with room to make the most of what’s available as we head into the year’s final quarter! 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.. 
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