New Listings – 263
Number of Active Listings – 3026
Absorption Rate – 21 weeks
Type of Market –Sellers market
The number of new listings were up this week compared to last. The number of active listings continue to hover around the 3000 mark. Based on the number of sales last month(612) the absorption dropped by one week to 21 weeks.
As always feel free to 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 were up compared to the same week last year and again down significantly compared to 2009. The number of sales last week totaled 87
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 decreased compared with 2010 but was up compared with 2009. The average price last week was 272K.
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 June 25-July 1,2011
This week on market watch Wednesday I am taking a look at the numbers for the Halifax real estate market for the month of June. For the first month in a long time the number of sales have increased.
If you would like more information on the Halifax real estate market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Blog Posts
-Market Watch Wednesday/Halifax Condo Market Update May 2011
-Market Watch Wednesday/Halifax Real Estate Market Update May 2011
-Market Watch Wednesday/Halifax Multi-Family Market Update
New Listings – 215
Number of Active Listings – 2986
Absorption Rate – 22 weeks
Type of Market –Sellers market
The number of new listings were down this week compared to last. The number of active listings continue to hover around the 3000 mark. Combined with fewer listings coming to market and the number of sales last month(582) the absorption remained basically unchanged at 22 weeks
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.
_______________________________________________________________________
The weekly sales were down compared to the same week last year and again down significantly compared to 2009. The number of sales last week totaled 81.
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 increased significantly compared with both 2009 and 2010. The average price last week was 298K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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The number of Active listings continue to stay around the 3000 mark for the end of June. Well below 2009 and slightly ahead of 2010.
Figure 3. 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 June 18-24,2011
-Week in Review June 11-17,2011
-Week in Review June 4-10, 2011
