Halifax Real Estate Blog/Dartmouth Market Update

by Andrew on August 13, 2008

Dartmouth Real Estate market report for July 2008 based on MLS® data

Dartmouth Real Estate market report July 2008 for areas 10-17 which encompass all of Dartmouth.  Single family detached and semi-detached including new construction.

 

Halifax Real Estate Blog/ Dartmouth Market Report July 2008
Month Average List Price Average Sale Price Sale to List Price Average List Duration Number Of Sales
JUL-2008 217133 212317 98% 59 days 152
Averages: 217133 212317 98 % 59 days 152

Dartmouth Real Estate market report July 2007 for areas 10-17 which encompasses all of Dartmouth.  Single family detached and semi-detached including new construction.

 

Halifax Real Estate Blog/ Dartmouth Market Report July 2007
Month Average List Price Average Sale Price Sale to List Price Average List Duration Number Of Sales
JUL-2007 210373 206544 98% 81 days 113
Averages: 210373 206544 98 % 81 days 113

Total Active Listings – 685

The Dartmouth Real Estate market continues to be one of the hottest areas in Metro.  The number of sales are up by a whopping 34.5% one of the only areas to see an increase like this.  The average sale price is also up modestly at 2.8% which is lower than the rest of HRM.  The average days on market dropped significantly by 21 days.

I see the Dartmouth Real Estate market as one of the best investments in metro right now.  Prices are still affordable and you are close to Downtown Halifax.  I would recommend you take a serious look at this area if you are buying in the near future.  With Dartmouth Crossing going strong and Russell Lake West expanding at the rate it is, I can only see Dartmouth as a market that is going to increase in years to come.

Don’t forget to check back for Fridays Random Blog post. 

Next week I am going to look at something a little different.  Multi-unit buildings of 4 units or less and how the prices have changed through the years.

Related Posts

- Halifax Peninsula Market Update

- Halifax Condo Report

Andrew Perkins

Your Halifax Real Estate Expert 

Halifax Real EstateHalifax Real Estate

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{ 1 comment… read it below or add one }

gawbarteroito November 29, 2008 at 1:52 am

Its amazing what people will post in these forums, some of it is quite brilliant!

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