1stQuarter MLS stats for Areas 1 through 40 which encompasses Halifax, Dartmouth, Bedford, Hammond Plains, Sackville, Fall River, and surrounding areas for single Family homes and condominiums including New Construction 2007
|
Month |
Average List Price | Average Sale Price | Sale/List Ratio | Avg Days on Market | Number of Sales |
| January 2007 | $213,150 | $207,191 | 97% | 100 | 360 |
| February 2007 | $224,750 | $219,392 | 98% | 115 | 426 |
| March 2007 | $229,275 | $223,926 | 98% | 92 | 557 |
| Average | $223,516 | $218,014 | 98% | 102 Days | 1343 |
1stQuarter MLS®stats for Areas 1 through 40 which encompasses Halifax, Dartmouth, Bedford, Sackville, Hammonds Plains, Fall River and surrounding areas for single family homes and condominiums including new construction 2008
|
Month |
Average List Price | Average Sale Price | Sale/List Ratio | Avg Days on Market | Number of Sales |
| January 2008 | $239,246 | $233,040 | 97% | 111 | 307 |
| February 2008 | $236,053 | $230,654 | 98% | 94 | 409 |
| March 2008 | $241,970 | $235,650 | 98% | 82 | 411 |
| Average | $239,246 | $233,200 | 98% | 94 Days | 1127 |
Active Listings 1st Quarter 2008 up to and including March 31st – 2847
Sales for the first quarter 2008 are down 8.3% compared to the same period in 2007. The average sale price has steadily gone up by 9.3% compared to the same period last year. The market is experiencing a slight slowdown. It is a seller’s market right now so if you are thinking of selling now is the time. Spring buyers are hitting the market with not a lot of choice. Many properties are selling over list price and going into multiple offer situations. If you would like a free home evaluation emailed to you at no obligation go to my website and click on “what’s my home worth”. Check back regularly. My next post will be about going green and how you can save money on your renovations.
Andrew Perkins
You’re Halifax Regional Municipality Real Estate Expert
