New Listings – 267
Number of Active listings – 2883
Absorption Rate – 24.7 weeks
Type of Market –Balanced
The number of new listings were down slightly this week compared to last. The absorption rate down to 24.7 weeks.
Want to know the market stats for your area of HRM? Feel free 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 95. The last several weeks we have significant declines in the number of sales compared to 2009 and 2010
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 was on par with 2009 and 2010. The average price last week was 265K.
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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