New Listings – 215
Number of Active Listings – 2986
Absorption Rate – 22 weeks
Type of Market –Sellers market
The number of new listings were down this week compared to last. The number of active listings continue to hover around the 3000 mark. Combined with fewer listings coming to market and the number of sales last month(582) the absorption remained basically unchanged at 22 weeks
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 were down compared to the same week last year and again down significantly compared to 2009. The number of sales last week totaled 81.
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 significantly compared with both 2009 and 2010. The average price last week was 298K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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The number of Active listings continue to stay around the 3000 mark for the end of June. Well below 2009 and slightly ahead of 2010.
Figure 3. 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 18-24,2011
-Week in Review June 11-17,2011
-Week in Review June 4-10, 2011
