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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 249 (270, 261, 319, 242) *218 Sold: 120 (143, 166, 183, 124) *138 Sale To Listing Ratio: 48% (53%, 64%, 57%, 51%) *63% Price Changes: 163 (143, 192, 216, 155) *121 Conditional Sale: 154 (149, 165, 145, 173) *159 Expired/Cancelled/Withdrawn: 56 (68, 72, 68, 145) *59 Total Active Halifax/Dartmouth Inventory: 2,272 (2,248, 2,249, 2,261, 2,174) *1,901 Absorption Rate: *15 (15, 14, 14, 14) *13 Single Family Home Stats Active Single Family Home: 1,226 (1,206, 1,210, 1,205, 1,142) *985 Average Single Family Home List Price: $651,454 ($636k, $665k, $638k, $686k) *$575kk Average Single Family Home Selling Price: $645,476 ($622k, $654K, $631k, $666k) *$552k Single Family Home Sale to List Ratio This Week: 99% (98%, 98%, 99%, 97%) *96% Median Single Family Home List Price (6 mo):$599,000 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($591k, $590k, $590k, $590k)*$590k Average Days on Market Single Family Home: 30 (36, 32, 34, 31) *29 Condo Stats Active Condos: 268 (270, 268, 269, 271) *204 Average Condo Listing Price: $494,900 ($484k, $392k, $418k, $376k) *$466k Average Condo Selling Price: $481,439 ($470k, $377k, $411k, $376%) *$557k Condo Sale to List Ratio This Week: 97% (97%, 96%, 98%, 100%) *98% Median Condo List Price (6 mo): $449,500 ($450k, $450k, $450k, $450k) *$448k Median Condo Sold Price (6 mo): $437.500 ($437k, $438k, $438k, $441k) *$435k Average Days on Market Condos 57 (33, 68, 41, 38) *29 Active Vacant Lots: 465 (448, 450, 451, 448) *429 Market Rant Our market here in Halifax continued its late summer rhythm this week, with a modest slowdown in both new listings and completed sales. While activity eased compared to recent weeks, the overall market remains healthy, and inventory continues to provide buyers with an abundance of choice. One trend that continues to stand out is the stability of the market despite the elevated inventory. Active listings reached another high point for the year, yet homes that are well-prepared and competitively priced are still attracting offers and selling close to their asking price. Rather than signalling a weak market, the additional inventory is creating a more balanced environment where buyers have time to make informed decisions and sellers have to be more strategic than they were a few years ago. The single-family home market remained resilient this week. Average prices moved higher again, while the median price remained virtually unchanged, reinforcing that overall home values have stayed remarkably steady over the past several months. Days on market also improved slightly, suggesting buyers are still moving decisively when the right property comes along. Condominiums experienced another week of shifting averages, but the broader trend remains consistent. Median prices continue to hold steady, indicating that fluctuations in average prices are largely being driven by the mix of units sold rather than a significant change in market value. With inventory remaining relatively stable, condos continue to offer an attractive entry point for first-time buyers, downsizers, and investors alike. Overall, this week's report paints the picture of a market that is finding its footing. Inventory is abundant, competition among sellers remains healthy, and buyers have opportunities that simply didn't exist a few years ago. At the same time, strong demand continues to support pricing, resulting in a market that feels increasingly balanced. Presentation has never mattered more! When inventory was extremely tight, almost every home received attention simply because there were so few options available. Today's market is different. Buyers are scrolling through hundreds of listings before they ever step foot inside a home. They compare photos, read descriptions, check room sizes, and often decide within seconds whether a property is worth viewing. That means presentation isn't just a nice bonus... it's part of your pricing strategy. Professional photography, decluttering, fresh paint, minor repairs, and thoughtful staging can dramatically change a buyer's first impression. Two similar homes can receive very different levels of interest simply because one tells a better story online. In today's market, buyers have choices. The homes that stand out are the ones that look cared for, feel inviting, and make it easy for buyers to picture themselves living there. Selling a home has never been just about putting it on the market. It's about making it impossible to scroll past. Stay tuned 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 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 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 270 (261, 319, 242, 305) *257 Sold: 143 (166, 183, 124, 175) *158 Sale To Listing Ratio: 53% (64%, 57%, 51%, 57%) *62% Price Changes: 143 (192, 216, 155, 232) *151 Conditional Sale: 149 (165, 145, 173, 172) *158 Expired/Cancelled/Withdrawn: 68 (72, 68, 145, 68) *138 Total Active Halifax/Dartmouth Inventory: 2,248 (2,249, 2,261, 2,174, 2,235) *1,918 Absorption Rate: *15 (14, 14, 14, 13) *11 Single Family Home Stats Active Single Family Home: 1,206 (1,210, 1,205, 1,142, 1,176) *1,000 Average Single Family Home List Price: $635,698 ($665k, $638k, $686k, $651k) *$631k Average Single Family Home Selling Price: $621,741 ($654K, $631k, $666k, $644k) *$632k Single Family Home Sale to List Ratio This Week: 98% (98%, 99%, 97%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,900 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 36 (32, 34, 31, 30) *27 Condo Stats Active Condos: 270 (268, 269, 271, 277) *197 Average Condo Listing Price: $483,833 ($392k, $418k, $376k, $465k) *$530k Average Condo Selling Price: $470,072 ($377k, $411k, $376%. $455k) *$513k Condo Sale to List Ratio This Week: 97% (96%, 98%, 100%, 98%) *97% Median Condo List Price (6 mo): $449,000 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $436,750 ($438k, $438k, $441k, $445k) *$440k Average Days on Market Condos 33 (68, 41, 38, 38) *37 Active Vacant Lots: 448 (450, 451, 448, 455) *440 Market Rant The Halifax real estate market settled into a more measured week, with both new listings and completed sales easing from the previous reporting period. Even with the slight slowdown, the overall picture remains remarkably consistent: inventory continues to hover near its highest levels in years while buyer demand remains healthy enough to keep the market moving. One of the more encouraging trends this week is that inventory has essentially stabilized. After months of steady increases, the total number of active listings changed very little, suggesting the market may be finding a temporary balance between new supply and buyer absorption. While buyers continue to enjoy plenty of choice, quality homes that are priced appropriately are still attracting offers without lengthy delays. The single-family home market remained steady. Average prices softened slightly from last week, but sale-to-list ratios continue to demonstrate that buyers are willing to pay close to asking price for desirable properties. Marketing times have edged up modestly compared to earlier in the season, which gives buyers a little more breathing room while still rewarding sellers who prepare and price their homes effectively. The condominium market bounced back after several weeks of fluctuating averages. Average sale prices recovered nicely, while median values remained stable, reinforcing that condos continue to represent a dependable segment of the market. Days on market also improved, indicating buyers remain engaged despite the increased selection. Overall, this week's numbers reinforce the trend we've been watching throughout the summer. The market isn't accelerating, nor is it slowing dramatically. Instead, it's behaving much more like a balanced marketplace, where realistic pricing, strong presentation, and patience are becoming the keys to success. Your competition isn't last month's market—it's today's listings. One of the biggest mistakes sellers make is pricing their home based on what the neighbour down the street sold for a few months ago. The reality is that buyers don't compare your home to sales from the spring—they compare it to what's available today. If there are ten similar homes on the market, yours has to stand out on value, condition, presentation, or price. That's why pricing is constantly evolving. As inventory grows or shrinks, the competition changes with it. A strategy that worked three months ago may not be the best strategy today. For buyers, this means there's more opportunity to compare properties and negotiate when appropriate. For sellers, it means understanding the current landscape is more important than focusing on yesterday's results. Real estate is always a moving target. The homes you're competing against today matter far more than the ones that sold yesterday. Stay tuned 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 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 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 319 (242, 305, 331, 272) *257 Sold: 183 (124, 175, 171, 142) *158 Sale To Listing Ratio: 57% (51%, 57%, 52%, 52%) *62% Price Changes: 216 (155, 232, 192, 195) *151 Conditional Sale: 145 (173, 172, 214, 201) *158 Expired/Cancelled/Withdrawn: 68 (145, 68, 41, 59) *138 Total Active Halifax/Dartmouth Inventory: 2,249 (2,174, 2,235, 2,198, 2,119) *1,918 Absorption Rate: *14 (14, 13, 14, 14) *11 Single Family Home Stats Active Single Family Home: 1,205 (1,142, 1,176, 1,168, 1,119) *1,000 Average Single Family Home List Price: $638,021 ($686k, $651k, $637k, $628k) *$631k Average Single Family Home Selling Price: $631,434 ($666k, $644k, $623k, $624k) *$632k Single Family Home Sale to List Ratio This Week: 99% (97%, 99%, 98%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 34 (31, 30, 37, 19) *27 Condo Stats Active Condos: 268 (271, 277, 275, 272) *197 Average Condo Listing Price: $418,116 ($376k, $465k, $499k, $510k) *$530k Average Condo Selling Price: $410,733 ($376%. $455k, $492k, $495k) *$513k Condo Sale to List Ratio This Week: 98% (100%, 98%, 99%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $437,500 ($441k, $445k, $445k, $438k) *$440k Average Days on Market Condos 41 (38, 38, 51, 38) *37 Active Vacant Lots: 451 (448, 455, 441, 430) *440 Market Rant The Halifax real estate market found another gear this week, with sales rebounding nicely after a quieter stretch. New listings also climbed, continuing the trend of increased inventory throughout the summer, while buyers remained active enough to keep the overall market moving at a healthy clip. Although inventory reached another yearly high, it hasn't translated into a sluggish market. Homes continue to sell close to their asking price, and the overall absorption rate remains relatively stable. The combination of more listings and consistent buyer activity suggests the market is finding a comfortable equilibrium, where neither buyers nor sellers hold a significant advantage. The single-family home market continues to be the backbone of local real estate activity. More detached homes are available than we've seen in quite some time, yet pricing has remained remarkably consistent. The average sale price settled back in line with recent trends after last week's spike, reinforcing that the previous jump was likely influenced by the types of homes that sold rather than a sudden shift in values. Well-priced homes continue to attract solid interest and are changing hands with very little negotiation. Condominiums also posted a steady week. Average prices recovered from last week's unusually low averages, while median values remained virtually unchanged, highlighting the stability of the segment. Buyers continue to see condos as an attractive option, particularly as affordability remains a key consideration for many entering the market. Overall, this week's numbers reinforce a trend we've been watching for several months: inventory continues to build, but demand has kept pace well enough to maintain pricing stability. It is a healthier, more balanced market than we've experienced in recent years and one that rewards informed decision-making on both sides of the transaction. Timing the market is harder than people think. One question I hear all the time is, "Should I wait until the market changes?" The truth is, most people don't recognize a market shift until months after it has already happened. By the time headlines are announcing that prices are rising or falling, buyers and sellers have usually been reacting to those conditions for quite some time. Trying to perfectly time the market is a bit like trying to buy stocks at the absolute bottom and sell at the absolute top. It sounds great in theory, but very few people consistently get it right. Instead, the better question is: Does buying or selling make sense for my life right now? If you're purchasing a home you'll enjoy for years, short-term fluctuations become much less important. Likewise, if you're selling and buying in the same market, changes in prices often affect both sides of your move. Markets will always rise, cool, and adjust over time. The key isn't predicting every twist and turn—it's making informed decisions based on your own goals while understanding the current market conditions. Stay tuned 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 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 (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 242 (305, 331, 272, 323) *257 Sold: 124 (175, 171, 142, 179) *158 Sale To Listing Ratio: 51% (57%, 52%, 52%, 55%) *62% Price Changes: 155 (232, 192, 195, 188) *151 Conditional Sale: 173 (172, 214, 201, 179) *158 Expired/Cancelled/Withdrawn: 145 (68, 41, 59, 107) *138 Total Active Halifax/Dartmouth Inventory: 2,174 (2,235, 2,198, 2,119, 2,145) *1,918 Absorption Rate: *14 (13, 14, 14, 14) *11 Single Family Home Stats Active Single Family Home: 1,142 (1,176, 1,168, 1,119, 1,137) *1,000 Average Single Family Home List Price: $685,479 ($651k, $637k, $628k, $625k) *$631k Average Single Family Home Selling Price: $665,795 ($644k, $623k, $624k, $621k) *$632k Single Family Home Sale to List Ratio This Week: 97% (99%, 98%, 99%, 99%) *100% Median Single Family Home List Price (6 mo):$599,900 ($600k, $600k, $600k, $600k) *600K Median Single Family Home Sold Price(6mo): $590,000 ($590k, $590k, $590k, $590k)*$595k Average Days on Market Single Family Home: 31 (30, 37, 19, 30) *27 Condo Stats Active Condos: 271 (277, 275, 272, 270) *197 Average Condo Listing Price: $375,656 ($465k, $499k, $510k, $523k) *$530k Average Condo Selling Price: $376,260 ($455k, $492k, $495k, $509k) *$513k Condo Sale to List Ratio This Week: 101% (98%, 99%, 97%, 97%) *97% Median Condo List Price (6 mo): $449,900 ($450k, $450k, $450k, $450k) *$450k Median Condo Sold Price (6 mo): $441,250 ($445k, $445k, $438k, $437k) *$440k Average Days on Market Condos 38 (38, 51, 38, 41) *37 Active Vacant Lots: 448 (455, 441, 430, 431) *440 Market Rant The Halifax real estate market shifted into a slightly quieter gear this week, which isn't unusual as we move through the latter part of the summer. Fewer new listings came to market compared to recent weeks, and overall sales activity eased as well. Even with the slower pace, inventory remains elevated, giving buyers one of the widest selections they've had in several years. An encouraging sign was the continued strength in conditional sales. While fewer transactions officially closed this week, buyers are still writing offers and moving through the purchase process, suggesting that demand remains present beneath the surface. Many purchasers appear to be taking a more measured approach, carefully evaluating their options before committing. The single-family home market remained resilient. Average prices climbed this week, reflecting continued strength in higher-priced sales, while homes continued to sell close to their asking price. Marketing times remained relatively consistent, reinforcing the idea that desirable, well-priced properties are still attracting attention despite increased competition from other listings. The condo market told a slightly different story. Average sale prices were pulled lower this week, likely influenced by the mix of units that sold rather than an overall decline in condo values. In fact, condos achieved sale prices at or above asking on average, highlighting that well-priced units continue to generate strong buyer interest. With median pricing remaining steady over the longer term, this week's averages appear to reflect market composition more than a change in direction. Overall, the market continues to settle into a balanced environment. Buyers have the luxury of choice, sellers still have opportunities to achieve strong results, and success increasingly depends on thoughtful pricing, effective marketing, and understanding current market conditions rather than relying on past trends. Don't let averages tell the whole story. Every week, I see people react to average sale prices as if they tell the complete story of the market. The reality is that averages can swing dramatically from one week to the next simply because of *what* happened to sell. If several luxury homes close in one week, the average jumps. If more starter homes or smaller condos sell the following week, the average falls. That doesn't necessarily mean property values have increased or decreased overnight—it often just reflects the mix of homes changing from week to week. That's why I always encourage people to look beyond a single headline number. Median prices, sale-to-list ratios, inventory levels, days on market, and overall buyer activity often paint a much clearer picture than averages alone. Real estate isn't measured by one statistic. It's the combination of many indicators that tells us where the market is heading. Stay tuned to the blog to stay on top of the changing market, and thanks for stopping by! The Weekly "Adogtable" http://www.goodbonesdogrescue.com/available-dogs22.html 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 HEREThe Weekly "Adogtable" |
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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