SOUTH END
Active Listings = 77
Average Price = $518,387
% vs 2017 = +56% increase
Number of Sales = 16
% vs 2017 = no change
Avg days on Market = 74
Sales Last Month = 4
*Absorption Rate = 84 weeks
Type of Market = Buyers Market
CENTRAL HALIFAX
Active Listings = 11
Average Price = $275,514
% vs 2017 = -11% decrease
Number of Sales = 7
% vs 2016 = +133% decrease
Avg days on Market = 59
Sales Last Month = 2
*Absorption Rate = 23 weeks
Type of Market = Balanced Market
WEST END
Active Listings = 6
Average Price = $291,250
% vs 2016 = +52% increase
Number of Sales = 6
% vs 2016 = +11% increase
Avg days on Market = 109
Sales Last Month = 2
*Absorption Rate = 11
Type of Market = Sellers Market
NORTH END
Active Listings = 21
Average Price = $184,700
% vs 2016 = +3% increase
Number of Sales = 5
% vs 2016 = +200% increase
Avg days on Market = 109
Sales Last Month = 3
*Absorption Rate = 30 weeks
Type of Market = Buyers 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