New Listings – 251
Number of Active Listings – 3033
Absorption Rate – 27 weeks
Type of Market –Buyers market
The number of new listings continue to hover around the 3000 mark. After seeing a balanced market for the past several months we are now experiencing a buyers market.
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 down significantly compared to the same week in 2009 and 2010. The number of sales last week totaled 76
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 compared with both 2009 and 2010. We are seeing a steady increase of 4 to 5% in average price year over year. The average price last week was 276K.
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 July 29th-Aug 5th, 2011
-Week in Review July 2nd-July 8, 2011
-Week in Review June 25-July 1,2011
New Listings – 227
Number of Active Listings – 3005
Absorption Rate – 29 weeks
Type of Market –Buyers market
The number of new listings continue to hover around the 3000 mark. Based on the number of sales last month(448) the absorption has increased to 29 weeks and now represents a buyers market
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 down compared to the same week last year and again down significantly compared to 2009. The number of sales last week totaled 71.
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 slightly compared with 2010 but was up compared significantly compared with 2009. The average price last week was 295K.
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 July 2nd-July 8, 2011
-Week in Review June 25-July 1,2011
-Week in Review June 18-24,2011
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.
_______________________________________________________________________
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
