SOUTH END
Active Listings - 99
Average Price = $326,204
% vs 2016 = -4.3%
Number of Sales = 49
% vs 2016 = -2%
Avg days on Market = 100
Sales Last Month = 14
*Absorption Rate = 30 weeks
Type of Market = Buyers Market
CENTRAL HALIFAX
Active Listings = 13
Average Price = $370,321
% vs 2016 = +41%
Number of Sales = 14
% vs 2016 = -26%
Avg days on Market = 90
Sales Last Month = 7
*Absorption Rate = 8 weeks
Type of Market = Sellers Market
NORTH END
Active Listings = 17
Average Price = $190,737
% vs 2016 = -4.4%
Number of Sales = 19
% vs 2016 = +35%
Avg days on Market = 83
Sales Last Month = 6
*Absorption Rate = 12 weeks
Type of Market = Sellers Market
WEST END
Active Listings = 4
Average Price = $274,771
% vs 2016 = -2.7%
Number of Sales =7
% vs 2016 = -22%
Avg days on Market = 59
Sales Last Month = 2
*Absorption Rate = 10 weeks
Type of Market = Sellers Market
*Absorption Rate is the number of weeks it would take to sell out the current inventory at the previous months pace of sales. Balanced market = 24 weeks | Buyers = > 24weeks | sellers = < 24 weeks
If you are thinking of buying, selling or investing in a condo in Downtown Halifax, I would love to help. Feel free to contact me by phone/text 902-488-0012 or email andrew@andrewperkins.ca.
Kind Regards,
Andrew Perkins
902-488-0012