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
This week on market watch Wednesday I am taking a look at the stats for the Halifax condo market for the month of April. A similar trend continues, average price increased and number of sales decreased.
If you would like more information on the Halifax condo market you can contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Blog Posts
-Market Watch Wednesday/Halifax Real Estate Market Update April 2011
-Market Watch Wednesday/Downtown Halifax Condo Market update
- Market Watch Wednesday/Clayton Park Real Estate Market Update
New Listings – 272
Number of Active listings – 2925
Absorption Rate – 25 weeks
Type of Market –buyers
The number of new listings were down slightly this week compared to last. The absorption rate remained unchanged at 25 weeks. In these market conditions if a property is priced right it will sell.
If you would like to know the stats for your area of HRM you can always 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 108.
Figure 1. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
_______________________________________________________________________
Average price was on par with 2010 and well ahead of 2009. The average price last week was 280K.
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
- Week in Review April 9th-15th
