Halifax Real Estate Guy » Dartmouth

2011 Halifax Real Estate Market Year in Review

Andrew Perkins — Sun, 08 Jan 2012 17:54:15 +0000

2011 Halifax Real Estate Market Year in Review. The numbers below are based on MLS® statistics for areas 1-40 which encompass all of HRM. If you would like a market report on a specific area of Halifax, Dartmouth, Bedford, Sackville, Hammonds Plains or Fall River please fill out this form

Residential*

2011

Average Sale Price – $275,321

Number of Sales – 5182

% vs 2010(price) - +3%

% vs 2010(sales) - +3.7%

Average Days on Market – 95

Active Listings – 2817

Type of Market – Buyers

Multi-Family**

2011

Average Price – $359,638

Number of Sales – 119

% vs 2010(price) - -2%

% vs 2010(sales) - -12.5%

Average Days on Market – 136

Active Listings – 52

Type of Market – buyers

* Includes single family homes and Condominiums

** Includes multi- family homes 2-12 units

Synopsis

Residential

As in recent years we see a similar trend continue in the Halifax Real Estate Market in that average price has continued to increase at a modest pace of 3%. However for the first time since 2009 we actually see the number of sales increase by 3.7%. This is largely due to increase in home sales in the last quarter of 2011. With the recent announcement of the ship building contract you can look for these numbers to continue in 2012 with a strong possibility of those numbers increasing.

Multi-Family

Investment properties in HRM saw both average price and sales decrease in 2011. This can be attributed to the new mortgage rules for investment properties that was legislated in 2010. The fact that you need to have a down payment of 20% for a non-owner occupied investment property has really changed that market segment.

If you would like more information on the Halifax Real Estate market I can be easily reached by email andrew@halifaxrealestateguy.com of by phone 902-488-0012.

Kind Regards,

Andrew Perkins

Halifax Real Estate Guy

Halifax Condo Week/ Kings Wharf Condos

Andrew Perkins — Sat, 22 Jan 2011 22:55:54 +0000

Day 4 Halifax Condo Week

On Day 4 of Halifax condo week I am updating the progress of the Kings Wharf project in downtown Dartmouth.

If you would like more information on condos in Halifax you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012

Related Video Blog Posts

-Day 1 Halifax Condo Week

-Day 2 Halifax Condo Week

-Day 3 Halifax Condo Week

Dartmouth Real Estate Market Update 2010

Andrew Perkins — Thu, 06 Jan 2011 22:30:38 +0000

HRM Real Estate Market 2010 Year in Review

On day 2 of the 2010 year in review wrap up week I am taking a look at the numbers for the Dartmouth Real Estate market. Always a strong performing market, average price continued to rise and sales remained the same.
If you would like more information on the HRM real estate market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012

Related Video Blog Posts

-Halifax Real Estate Market Update 2010

Halifax Condo Week/Founders Corner Condos

Andrew Perkins — Fri, 20 Aug 2010 18:54:59 +0000

Day 5 of Halifax Condo week I am profiling Founders Corner Condos in downtown Dartmouth. After a few unfortunate setbacks the remaining units are back on the market. I was very impressed with the quality of construction, the size of the units and the pricing.

If you would like more information on this or any other Halifax Condo project you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012

Related Video Blog Posts

- Day 1 Halifax Condo Week/Theatre Lofts

- Day 2 Halifax Condo Week/St Josephs Square

- Day 3 Halifax Condo Week/Kings Wharf Condos

- Day 4 Halifax Condo Week/The Trillium Condos

Halifax Condo Week/Kings Wharf Update

Andrew Perkins — Wed, 18 Aug 2010 22:23:04 +0000

Day 3 of Halifax Condo week I am profiling the exciting new development in Downtown Dartmouth Kings Wharf. The first condo building The Keelson is due to be completed and ready for occupancy in September of 2012.

If you would like more info on this or any other Halifax Condo project you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012

Related Video Blog Posts

- Day 1 Halifax Condo Week/Theatre Lofts

- Day 2 Halifax Condo Week/St Josephs Square

Dartmouth Real Estate Market Update

Andrew Perkins — Thu, 29 Jul 2010 13:55:38 +0000

This week on Market Watch Wednesday I am taking a look at the stats for the Dartmouth Real Estate Market. Typically a very strong market in HRM, year to date has seen modest increases in both average price and number of sales.

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/07/28/10

- Market Watch Wednesday/07/21/10

- Market Watch Wednesday/07/01/10

Dartmouth Real Estate Market Update

Andrew — Wed, 28 Apr 2010 23:04:15 +0000

This week on Market Watch Wednesday I am taking a look at the year to date stats for the Dartmouth Real Estate Market. Prices are up modestly and sales are up 22%.

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 /04/21/10

- Market Watch Wednesday/04/14/10

- Market Watch Wednesday/04/07/10

Dartmouth Real Estate Market Update

Andrew — Fri, 15 Jan 2010 00:04:04 +0000

Day 2 HRM Real Estate Market Watch Week

Day 2 of Market Watch Week I am taking a look at the Dartmouth Real Estate Market. Prices have risen modestly over last year but sales have declined substantially.
If you are thinking of buying, selling or would like general information on the Halifax Real Estate Market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012.
Be sure to tune in tomorrow when I will be updating the Bedford/Clayton Park Real Estate Market for 2009.

- Day 1 Market Watch Week/Peninsula Of Halifax Market Update

Halifax Real Estate Guy’s Condo Week/ Kings Wharf Update

Andrew — Thu, 03 Dec 2009 20:50:18 +0000

Day 3 Halifax Condo Week

On Day 3 of Halifax Condo week I am visiting the Kings Wharf development in Downtown Dartmouth. The first phase of condos are now for sale and are moving fast. Be one of the first 40 to buy and you will receive the first 3 years condo fees for free.
If you would like more information on this great project you can contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012.

Related Halifax Condo Week Video Blogs

- Day 1 Halifax Condo Week/Interview with Halifax Condo Lawyer Pat Cassidy

- Day 2 Halifax Condo Week/Market Watch Wednesday/Condo Update

Halifax Real Estate Guy’s Market Watch Wednesday

Andrew — Wed, 25 Nov 2009 21:39:40 +0000

Halifax Real Estate Market Update

This week on Market Watch Wednesday I am taking a look at the Dartmouth Real Estate Market. Sales have leveled off and price has remained steady compared to the same time period last year.

If you would like more information on the Halifax Real Estate market feel free to contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012

P.S. You may notice that I have a mustache in this video. I am showing my support for prostate cancer by growing a mustache for the month of November or as they call it now(Movember) If you click the link below you can donate to the cause.
http://ca.movember.com/mospace/308402

Related Video Blog Posts

- Market Watch Wednesday/Halifax Real Estate Market Update

- Market Watch Wednesday/Dartmouth Real Estate Market Update