Dartmouth Real Estate market report for July 2008 based on MLS® data

Dartmouth Real Estate market report July 2008 for areas 10-17 which encompass all of Dartmouth.  Single family detached and semi-detached including new construction.

Halifax Real Estate Blog/ Dartmouth Market Report July 2008
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
JUL-2008	217133	212317	98%	59 days	152
Averages:	217133	212317	98 %	59 days	152

Market Report July 2007 for areas 10-17 which encompasses all of Dartmouth.  Single family detached and semi-detached including new construction.

Halifax Real Estate Blog/ Dartmouth Market Report July 2007
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
JUL-2007	210373	206544	98%	81 days	113
Averages:	210373	206544	98 %	81 days	113

Total Active Listings – 685

The Dartmouth market continues to be one of the hottest areas in Metro.  The number of sales are up by a whopping 34.5% one of the only areas to see an increase like this.  The average sale price is also up modestly at 2.8% which is lower than the rest of HRM.  The average days on market dropped significantly by 21 days.

I see the Dartmouth market as one of the best investments in metro right now.  Prices are still affordable and you are close to Downtown Halifax.  I would recommend you take a serious look at this area if you are buying in the near future.  With Dartmouth Crossing going strong and Russell Lake West expanding at the rate it is, I can only see Dartmouth as a market that is going to increase in years to come.

Next week I am going to look at something a little different.  Multi-unit buildings of 4 units or less and how the prices have changed through the years.

Andrew Perkins

Your Halifax Real Estate Expert