SOUTH END
Active Listings = 91
Average Price = $404,123
% vs 2017 = +24% increase
Number of Sales = 52
% vs 2017 = +6% increase
Avg days on Market = 68
Sales Last Month = 16
*Absorption Rate = 24 weeks
Type of Market = Balanced Market
CENTRAL HALIFAX
Active Listings = 14
Average Price = $282,487
% vs 2017 = -23% decrease
Number of Sales = 16
% vs 2017 = +6% increase
Avg days on Market = 45
Sales Last Month = 3
*Absorption Rate = 20 weeks
Type of Market = Sellers Market
WEST END
Active Listings = 7
Average Price = $306,482
% vs 2017 = +12% increase
Number of Sales = 11
% vs 2017 = +57% increase
Avg days on Market = 79
Sales Last Month = 2
*Absorption Rate = 10 weeks
Type of Market = Sellers Market
NORTH END
Active Listings = 20
Average Price = $209,685
% vs 2017 = +10% increase
Number of Sales = 20
% vs 2017 = +5% increase
Avg days on Market = 57
Sales Last Month = 9
*Absorption Rate = 8 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 andrew@andrewperkins.ca or call/text 902-488-0012
Kind Regards,
Andrew