CENTRAL HALIFAX
Active Listings = 9
Average Price = $356,498
% vs 2016 = +30% increase
Number of Sales = 31
% vs 2016 = -29% decrease
Avg days on Market = 62
Sales Last Month = 3
*Absorption Rate = 20 weeks
Type of Market = Sellers Market
SOUTH END
Active Listings = 71
Average Price = $353,959
% vs 2016 = +0.66% increase
Number of Sales = 122
% vs 2016 = +12% increase
Avg days on Market = 111
Sales Last Month = 28
*Absorption Rate = 11 weeks
Type of Market = Sellers Market
NORTH END
Active Listings = 17
Average Price = $199,369
% vs 2016 = -3.8% decrease
Number of Sales = 41
% vs 2016 = +11% increase
Avg days on Market = 91
Sales Last Month = 1
*Absorption Rate = 73 weeks
Type of Market = Buyers Market
WEST END
Active Listings = 5
Average Price = $262,236
% vs 2016 = -7.8% decrease
Number of Sales = 19
% vs 2016 = +11% increase
Avg days on Market = 52
Sales Last Month = 2
*Absorption Rate = 11
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, we would love to help. Feel free to contact us by email andrew@andrewperkins.ca
Kind Regards,
Andrew