Halifax Real Estate Week in Review Sept 17-Sept 23, 2011

Week in Review

New Listings – 204

Number of Active Listings – 3055

Absorption Rate – 32 weeks

Type of Market –Buyers market

The number of new listings were up compared to last week.  With only 381 sales last month(Aug 25-Sept 25) the market has shifted to a strong buyers market.

As always feel free to 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 significantly compared to the same week in 2009 and 2010.   The number of sales last week totaled 75

SalesFigure 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 was up significantly compared to 2009 and 2010.  The average price last week was 284K.

PriceFigure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM

Related Video Blog Posts

- Halifax Week in Review August


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