Day 7 HRM Real Estate Market Watch Week
Day 7 of HRM Real Estate Market Watch week I am taking a look at the stats for 2009 in the Fall River Real Estate Market. Prices have increased very little in the last two years and sales have declined.
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.
Related Video Blog Posts
- Day 1 Market Watch Week/Peninsula Of Halifax Market Update
- Day 2 Market Watch Week/Dartmouth Real Estate Market Update
- Day 3 Market Watch Week/Bedford/Clayton Park Real Estate Market Update
- Day 4 Market Watch Week/Fairview/Spryfield Real Estate Market Update
- Day 5 Market Watch Week/Hammonds Plains Real Estate Market Update
- Day 6 Market Watch Week/Sackville Real Estate Market Update
My weekly look at the state of the Halifax Real Estate Market
This week I am discussing the Fall River Real Estate Market. Sales in that area are up 13% over last year and price is up a modest 1.3%. If you would like to know the stats for your area or, you are considering buying or selling real estate in Halifax and surrounding areas you can call 902-488-0012 or email andrew@halifaxrealestateguy.com
Related Video Blog Posts
- Monday Market Watch/Sackville Real Estate Market Update
My Weekly look at the state of the Halifax Real Estate Market.
This week I am taking a look at the Fall River Real Estate Market. If you would like to know the stats for your area you can contact me by email me andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Blog Posts
- Monday Market Watch – Sackville Real Estate Market
How is the Fall River Real Estate market doing in the last 3 months?
Fall River Real Estate Market update for August, September, October 2008 for single family detached and semi-detached homes
| Halifax Real Estate Blog Fall River Market Update | |||||
| Month | Average List Price | Average Sale Price | Sale to List Price | Average List Duration | Number Of Sales |
|---|---|---|---|---|---|
| OCT-2008 | 364392 | 380067 | 104% | 94 days | 12 |
| SEP-2008 | 294159 | 284697 | 97% | 76 days | 17 |
| AUG-2008 | 345033 | 338189 | 98% | 110 days | 9 |
| Averages: | 328387 | 327483 | 100 % | 90 days | 38 |
Fall River Real Estate Market update for August, September, October 2007 for single family detached and semi-detached homes
| Halifax Real Estate Blog Fall River Market Update | |||||
| Month | Average List Price | Average Sale Price | Sale to List Price | Average List Duration | Number Of Sales |
|---|---|---|---|---|---|
| OCT-2007 | 378485 | 361808 | 96% | 63 days | 13 |
| SEP-2007 | 335392 | 324842 | 97% | 99 days | 24 |
| AUG-2007 | 328565 | 324080 | 99% | 99 days | 20 |
| Averages: | 342825 | 333005 | 97 % | 91 days | 57 |
Number of Active Listings – 131
The Fall River Real Estate market has slowed down in the past 3 months. This has been a normal trend in a lot of areas of HRM. Number of sales are down 33 percent over last year, a huge decrease. The average price is also down slightly by 1.7%. Right now we are seeing a buyers market although there doesn’t seem to be a lot of buyers out there. Inventory is up and sales are down. This has to do with a number of factors. The slowing economy and the steady rise in housing prices.
In the coming months I see the trend remaining the same with not a lot of transactions in the Halifax Real Estate Market. This will continue into next year and hopefully we will start to see a turn around next summer. Surprisingly price continues to rise in most areas of Halifax.
Next week we will have a look at the Sackville Real Estate market. If you are looking to buy or sell Real Estate in Halifax send me an email. I will respond promptly.
Related Posts
- Dartmouth Real Estate Market Update
- Bedford/Hammonds Plains Real Estate Update
Andrew Perkins
Your Halifax Real Estate Expert
