New Listings – 237
Number of Active listings – 3022
Absorption Rate – 26 weeks
Type of Market –Buyers
The number of new listings were down again this week compared to last. The number of active listings hit over the 3000 mark for the first time this year. With the number of sales declining and the inventory starting to climb we are sliding back to a buyers market again.
As always feel free contact me for more information on the Halifax real estate market by email andrew@halifaxrealestateguy.com or call 902-488-0012.
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The weekly sales last week dropped again compared to the same week in both 2009 and 2010. The number of sales last week totaled 85.
Figure 1. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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Average price moved upward compared with 2009 and 2010. The average price last week was 287K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
Related Blog Posts
-Week in Review April 30-May 6th
This week on market watch Wednesday I am taking a look at the stats for the Multi-Familly real estate market(2-8 units) in Halifax. Both average price and the number of sales have declined significantly.
If you would like more information on the Multi-Family real estate market in Halifax you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012
-Market Watch Wednesday/Halifax Condo Market Update April 2011
-Market Watch Wednesday/Halifax Real Estate Market Update April 2011
-Market Watch Wednesday/Downtown Halifax Condo Market update
New Listings – 267
Number of Active listings – 2883
Absorption Rate – 24.7 weeks
Type of Market –Balanced
The number of new listings were down slightly this week compared to last. The absorption rate down to 24.7 weeks.
Want to know the market stats for your area of HRM? Feel free contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012.
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The weekly sales last week dropped significantly compared to both 2009 and 2010. The number of sales last week totaled 95. The last several weeks we have significant declines in the number of sales compared to 2009 and 2010
Figure 1. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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Average price was on par with 2009 and 2010. The average price last week was 265K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
Related Blog Posts
-Week in Review April 30-May 6th
-Week in Review April 22-April 29
Hello
Just a quick post to let you know that unfortunately I am not able to do condo week this week as my video camera decided to crap out on me AGAIN. This is the second time for this camera. I am sendng it back and hope to have a new one within a couple of weeks and will be doing condo week then. My apologies.
Kind Regards
Andrew
Halifax Real Estate Guy
