Halifax Peninsula Real Estate Market Update July 2008.
Market update for Halifax Peninsula; areas 1-4 which encompasses South End, North End, West End and Central for July 2008; single family detached and semi detached homes, including new construction.
Market update for Halifax Peninsula areas 1-4 which encompasses South End, North End, West End and Central for July 2007; single family detached and semi detached homes, including new construction.
Number of Active Listings – 128
The numbers show a similiar trend that is taking place throughtout the Halifax Real Esatate Market, number of sales are down but the average price continues to rise. Sales are down by 11 units compared to last year but the average price is up 9%. Days on market are actually down by 3 days.
The Peninisula is still one of the Halifax Real Estate markets most desirable areas. Condos continue to be built and infill is happening everywhere. The hot market that I see right now is the North End. Gentrification is taking place there as old homes are getting updated and new condo projects seem to popping up everyday. It is very hard to find anything in the North End now for under 200K. The west end is another area that has been taking off in recent years. As the south end prices continue to rise people still want to live close to Downtown so they are looking a little farther out. Personally I think Fairview is a area of Halifax that will explode int the next few years. Next week I will be looking at the Dartmouth Real Estate Market to see whats happeing there. If you are looking to buy or sell Halifax Real Estate contact me at 488-0012, I would be happy to assist you!!!!
Andrew Perkins
You’re Halifax Real Estate Expert
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